Trinity Industries (NYSE:TRN) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of Trinity Industries (NYSE:TRNFree Report) from a hold rating to a buy rating in a report released on Saturday morning.

A number of other analysts have also recently issued reports on TRN. Weiss Ratings reissued a “hold (c)” rating on shares of Trinity Industries in a research report on Monday, December 29th. The Goldman Sachs Group set a $33.00 price target on Trinity Industries and gave the company a “neutral” rating in a report on Thursday, February 12th. Finally, Susquehanna set a $34.00 price objective on Trinity Industries and gave the stock a “neutral” rating in a report on Friday, February 13th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $33.50.

Check Out Our Latest Stock Report on TRN

Trinity Industries Price Performance

NYSE TRN opened at $34.97 on Friday. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.90 and a quick ratio of 1.08. The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of 11.35 and a beta of 1.48. The company has a 50 day simple moving average of $29.17 and a 200-day simple moving average of $28.08. Trinity Industries has a 52-week low of $22.38 and a 52-week high of $35.62.

Trinity Industries (NYSE:TRNGet Free Report) last announced its quarterly earnings data on Thursday, February 12th. The transportation company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $2.30 by $0.01. The firm had revenue of $611.20 million for the quarter, compared to the consensus estimate of $570.45 million. Trinity Industries had a net margin of 11.73% and a return on equity of 21.02%. The firm’s revenue was down 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.39 earnings per share. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. Equities research analysts predict that Trinity Industries will post 1.65 earnings per share for the current fiscal year.

Trinity Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis 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 (DPR) is 40.26%.

Institutional Investors Weigh In On Trinity Industries

Hedge funds have recently bought and sold shares of the company. Strs Ohio bought a new position in shares of Trinity Industries in the first quarter worth about $25,000. Northwestern Mutual Wealth Management Co. increased its position in Trinity Industries by 94.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock worth $27,000 after buying an additional 494 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Trinity Industries by 129.5% during the second 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 during the last quarter. Hantz Financial Services Inc. grew its stake in shares of Trinity Industries by 117.4% in the third 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 last quarter. Finally, Federated Hermes Inc. increased its position in Trinity Industries by 77.6% during the third quarter. Federated Hermes Inc. now owns 1,403 shares of the transportation company’s stock worth $39,000 after acquiring an additional 613 shares during the period. 86.57% of the stock is currently owned by institutional investors.

About Trinity Industries

(Get 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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