Trinity Industries, Inc. (NYSE:TRN – Get Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $33.85 and traded as high as $35.21. Trinity Industries shares last traded at $33.9970, with a volume of 863,825 shares trading hands.
Analysts Set New Price Targets
TRN has been the topic of several analyst reports. Susquehanna boosted their target price on Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. The Goldman Sachs Group restated a “neutral” rating and issued a $36.00 price target on shares of Trinity Industries in a research report on Thursday, April 30th. Wall Street Zen lowered shares of Trinity Industries from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Finally, Weiss Ratings upgraded shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $35.50.
Read Our Latest Research Report on Trinity Industries
Trinity Industries Price Performance
Trinity Industries (NYSE:TRN – Get Free Report) last announced its earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.04. The business had revenue of $492.00 million during the quarter, compared to analyst estimates of $538.87 million. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.The company’s revenue for the quarter was down 16.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.29 earnings per share. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. On average, equities analysts predict that Trinity Industries, Inc. will post 2.3 EPS for the current year.
Trinity Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, July 15th. Trinity Industries’s dividend payout ratio (DPR) is currently 39.74%.
Hedge Funds Weigh In On Trinity Industries
Several hedge funds have recently bought and sold shares of TRN. Strs Ohio bought a new stake in shares of Trinity Industries during the first quarter worth $25,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Trinity Industries by 94.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock worth $27,000 after purchasing an additional 494 shares during the last quarter. Whittier Trust Co. grew its holdings in shares of Trinity Industries by 880.7% in the first quarter. Whittier Trust Co. now owns 863 shares of the transportation company’s stock worth $28,000 after purchasing an additional 775 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Trinity Industries by 24.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock worth $41,000 after purchasing an additional 298 shares during the last quarter. Finally, Kelleher Financial Advisors purchased a new position in Trinity Industries in the 3rd quarter worth about $41,000. Institutional investors own 86.57% of the company’s stock.
Trinity Industries Company Profile
Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.
In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.
Featured Articles
- Five stocks we like better than Trinity Industries
- AST SpaceMobile’s Japan Catalyst Puts Its Rollout Story Back in Focus
- Gold and Silver Recovery—3 Precious Metals Stocks for H2 2026
- Klarna’s Google Court Win Could Give Its BNPL Story a Needed Cash Catalyst
- Why Kroger’s Giant Eagle Deal Could Change Everything
Receive News & Ratings for Trinity Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinity Industries and related companies with MarketBeat.com's FREE daily email newsletter.
