Trinity Industries, Inc. $TRN Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC decreased its holdings in Trinity Industries, Inc. (NYSE:TRNFree Report) by 6.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 232,954 shares of the transportation company’s stock after selling 14,751 shares during the quarter. ProShare Advisors LLC’s holdings in Trinity Industries were worth $6,532,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Atlantic Union Bankshares Corp boosted its position in shares of Trinity Industries by 2.5% in the third quarter. Atlantic Union Bankshares Corp now owns 17,656 shares of the transportation company’s stock worth $495,000 after acquiring an additional 423 shares during the last quarter. Royal Bank of Canada raised its stake in Trinity Industries by 0.6% during the first quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock worth $2,069,000 after purchasing an additional 457 shares during the period. Cerity Partners LLC lifted its holdings in shares of Trinity Industries by 3.5% during the 2nd quarter. Cerity Partners LLC now owns 16,343 shares of the transportation company’s stock valued at $441,000 after acquiring an additional 549 shares in the last quarter. California State Teachers Retirement System boosted its position in Trinity Industries by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 76,161 shares of the transportation company’s stock worth $2,057,000 after purchasing an additional 563 shares during the period. Finally, Cetera Investment Advisers increased its holdings in Trinity Industries by 8.0% in the 2nd quarter. Cetera Investment Advisers now owns 7,817 shares of the transportation company’s stock valued at $211,000 after purchasing an additional 579 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Trinity Industries in a research note on Monday, December 29th. The Goldman Sachs Group set a $33.00 price target on Trinity Industries and gave the stock a “neutral” rating in a research report on Thursday. Finally, Susquehanna set a $28.00 price target on Trinity Industries and gave the stock a “neutral” rating in a report on Monday, January 26th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $30.50.

Read Our Latest Analysis on TRN

Trending Headlines about Trinity Industries

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Trinity Industries Stock Up 9.0%

Shares of Trinity Industries stock opened at $34.52 on Friday. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.88 and a quick ratio of 0.80. Trinity Industries, Inc. has a 1-year low of $22.38 and a 1-year high of $36.04. The business has a 50-day moving average of $28.36 and a 200-day moving average of $27.66. The company has a market capitalization of $2.77 billion, a PE ratio of 30.28 and a beta of 1.48.

Trinity Industries (NYSE:TRNGet Free Report) last issued its quarterly earnings data on Thursday, February 12th. The transportation company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.30 by $0.01. Trinity Industries had a return on equity of 8.18% and a net margin of 4.39%.The firm had revenue of $611.20 million during the quarter, compared to analyst estimates of $570.45 million. During the same quarter last year, the firm earned $0.39 EPS. Trinity Industries’s quarterly revenue was down 2.9% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. As a group, equities analysts forecast that Trinity Industries, Inc. will post 1.65 EPS for the current fiscal year.

Trinity Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were paid a dividend of $0.31 per share. This is a positive change from Trinity Industries’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, January 15th. This represents a $1.24 dividend on an annualized basis and a yield of 3.6%. Trinity Industries’s payout ratio is currently 108.77%.

Trinity Industries Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Trinity Industries (NYSE:TRN)

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