Trinity Industries, Inc. $TRN Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board grew its holdings in shares of Trinity Industries, Inc. (NYSE:TRNFree Report) by 13.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 315,334 shares of the transportation company’s stock after purchasing an additional 37,078 shares during the period. Public Sector Pension Investment Board’s holdings in Trinity Industries were worth $8,842,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Strs Ohio acquired a new stake in Trinity Industries in the first quarter worth about $25,000. Parkside Financial Bank & Trust raised its position in shares of Trinity Industries by 129.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,058 shares of the transportation company’s stock worth $29,000 after buying an additional 597 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Trinity Industries by 117.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,287 shares of the transportation company’s stock worth $36,000 after acquiring an additional 695 shares during the period. Federated Hermes Inc. boosted its holdings in shares of Trinity Industries by 77.6% in the third quarter. Federated Hermes Inc. now owns 1,403 shares of the transportation company’s stock valued at $39,000 after acquiring an additional 613 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Trinity Industries by 47.2% in the second quarter. EverSource Wealth Advisors LLC now owns 2,109 shares of the transportation company’s stock valued at $57,000 after acquiring an additional 676 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors.

Trinity Industries Trading Up 1.7%

Trinity Industries stock opened at $35.15 on Tuesday. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 11.41 and a beta of 1.47. Trinity Industries, Inc. has a 1 year low of $22.38 and a 1 year high of $35.62. The firm’s 50 day moving average price is $28.66 and its two-hundred day moving average price is $27.84. The company has a debt-to-equity ratio of 4.75, a quick ratio of 1.08 and a current ratio of 1.90.

Trinity Industries (NYSE:TRNGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The transportation company reported $2.31 earnings per share for the quarter, topping the consensus estimate of $2.30 by $0.01. The business had revenue of $611.20 million during the quarter, compared to analyst estimates of $570.45 million. Trinity Industries had a return on equity of 21.02% and a net margin of 11.73%.The company’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the company posted $0.39 EPS. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. On average, research analysts predict 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 issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 3.5%. The ex-dividend date was Thursday, January 15th. This is a boost from Trinity Industries’s previous quarterly dividend of $0.30. Trinity Industries’s dividend payout ratio is presently 40.26%.

Analysts Set New Price Targets

Several equities research analysts recently commented on TRN shares. Weiss Ratings reissued a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. Susquehanna set a $34.00 price objective on Trinity Industries and gave the stock a “neutral” rating in a research note on Friday. Finally, The Goldman Sachs Group set a $33.00 price objective on Trinity Industries and gave the company a “neutral” rating in a report on Thursday. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Trinity Industries currently has an average rating of “Hold” and a consensus price target of $33.50.

Get Our Latest Stock Analysis on Trinity Industries

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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