Trinity Industries (NYSE:TRN) Shares Gap Up After Earnings Beat

Trinity Industries, Inc. (NYSE:TRN)’s share price gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $31.68, but opened at $33.68. Trinity Industries shares last traded at $34.9270, with a volume of 194,409 shares traded.

The transportation company reported $2.31 EPS for the quarter, beating the consensus estimate of $2.30 by $0.01. Trinity Industries had a return on equity of 8.18% and a net margin of 4.39%.During the same quarter in the prior year, the firm posted $0.39 earnings per share. The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS.

Trinity Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were given a $0.31 dividend. 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 3.5%. Trinity Industries’s payout ratio is 108.77%.

Analysts Set New Price Targets

Several analysts have recently weighed in on TRN shares. Susquehanna set a $28.00 target price on shares of Trinity Industries and gave the company a “neutral” rating in a report on Monday, January 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. Finally, The Goldman Sachs Group set a $31.00 target price on Trinity Industries and gave the stock a “neutral” rating in a research report on Friday, October 31st. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $29.50.

Institutional Investors Weigh In On Trinity Industries

A number of hedge funds and other institutional investors have recently modified their holdings of TRN. JPMorgan Chase & Co. boosted its stake in shares of Trinity Industries by 22.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 390,934 shares of the transportation company’s stock worth $10,559,000 after acquiring an additional 70,391 shares in the last quarter. Stephens Inc. AR raised its holdings in Trinity Industries by 1,416.2% during the third quarter. Stephens Inc. AR now owns 123,770 shares of the transportation company’s stock worth $3,471,000 after purchasing an additional 115,607 shares during the last quarter. Ellsworth Advisors LLC purchased a new stake in Trinity Industries during the third quarter worth $1,172,000. SG Americas Securities LLC grew its holdings in Trinity Industries by 238.5% in the second quarter. SG Americas Securities LLC now owns 48,758 shares of the transportation company’s stock valued at $1,317,000 after purchasing an additional 34,353 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in Trinity Industries by 147.4% in the third quarter. Concurrent Investment Advisors LLC now owns 74,792 shares of the transportation company’s stock valued at $2,097,000 after purchasing an additional 44,560 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Trinity Industries Trading Up 10.5%

The firm has a market cap of $2.81 billion, a PE ratio of 30.64 and a beta of 1.48. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.88 and a quick ratio of 0.80. The business has a 50-day moving average price of $28.22 and a two-hundred day moving average price of $27.61.

About Trinity Industries

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.