Hsbc Holdings PLC Takes Position in Trinity Industries, Inc. $TRN

Hsbc Holdings PLC acquired a new stake in shares of Trinity Industries, Inc. (NYSE:TRN) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 51,977 shares of the transportation company’s stock, valued at approximately $1,657,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TRN. Whittier Trust Co. grew its position in Trinity Industries by 880.7% in the 1st 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 period. Strs Ohio bought a new position in shares of Trinity Industries during the 1st quarter valued at $25,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Trinity Industries by 94.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock valued at $27,000 after buying an additional 494 shares during the period. Kelleher Financial Advisors purchased a new position in shares of Trinity Industries in the 3rd quarter worth $41,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Trinity Industries by 24.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock worth $41,000 after buying an additional 298 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Trinity Industries Stock Down 0.1%

TRN opened at $37.36 on Monday. The firm’s 50 day simple moving average is $34.51 and its two-hundred day simple moving average is $32.73. The company has a market capitalization of $2.97 billion, a PE ratio of 11.97 and a beta of 1.36. Trinity Industries, Inc. has a 1-year low of $22.38 and a 1-year high of $37.88. The company has a current ratio of 1.87, a quick ratio of 0.94 and a debt-to-equity ratio of 4.70.

Trinity Industries (NYSE:TRN) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. The firm had revenue of $492.00 million during the quarter, compared to the consensus estimate of $538.87 million. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. 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 firm posted $0.29 EPS. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. As a group, equities analysts forecast that Trinity Industries, Inc. will post 2.3 EPS for the current year.

Trinity Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a dividend of $0.31 per share. The ex-dividend date is Wednesday, July 15th. This represents a $1.24 annualized dividend and a yield of 3.3%. Trinity Industries’s payout ratio is 39.74%.

Wall Street Analyst Weigh In

TRN has been the subject of a number of research reports. Wall Street Zen cut Trinity Industries from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Susquehanna raised their target price on Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Weiss Ratings raised Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $36.00 price target on shares of Trinity Industries in a research note on Thursday, April 30th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $35.50.

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.