Gamco Investors INC. ET AL Decreases Stake in Trinity Industries, Inc. $TRN

Gamco Investors INC. ET AL lessened its stake in Trinity Industries, Inc. (NYSE:TRN) by 3.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,072,585 shares of the transportation company’s stock after selling 38,200 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Trinity Industries were worth $28,359,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in TRN. Royal Bank of Canada boosted its stake in shares of Trinity Industries by 0.6% in the 1st quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock valued at $2,069,000 after buying an additional 457 shares during the period. AQR Capital Management LLC boosted its stake in shares of Trinity Industries by 33.8% in the 1st quarter. AQR Capital Management LLC now owns 44,772 shares of the transportation company’s stock valued at $1,244,000 after buying an additional 11,319 shares during the period. Millennium Management LLC boosted its stake in shares of Trinity Industries by 329.2% in the 1st quarter. Millennium Management LLC now owns 637,990 shares of the transportation company’s stock valued at $17,902,000 after buying an additional 489,348 shares during the period. Jane Street Group LLC boosted its stake in shares of Trinity Industries by 1,341.9% in the 1st quarter. Jane Street Group LLC now owns 134,098 shares of the transportation company’s stock valued at $3,763,000 after buying an additional 124,798 shares during the period. Finally, Intech Investment Management LLC boosted its stake in shares of Trinity Industries by 44.0% in the 1st quarter. Intech Investment Management LLC now owns 48,014 shares of the transportation company’s stock valued at $1,347,000 after buying an additional 14,678 shares during the period. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TRN shares. Susquehanna lifted their price objective on Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and set a $36.00 target price on shares of Trinity Industries in a research report on Thursday, April 30th. Wall Street Zen raised Trinity Industries from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings raised Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $35.50.

Trinity Industries Price Performance

Shares of NYSE TRN opened at $34.26 on Monday. The company has a debt-to-equity ratio of 4.70, a quick ratio of 0.94 and a current ratio of 1.87. Trinity Industries, Inc. has a fifty-two week low of $22.38 and a fifty-two week high of $37.36. The firm has a market capitalization of $2.72 billion, a PE ratio of 10.98 and a beta of 1.40. The stock’s 50-day simple moving average is $32.60 and its 200-day simple moving average is $30.04.

Trinity Industries (NYSE:TRN) last issued its earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.04. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.The business had revenue of $492.00 million for the quarter, compared to analyst estimates of $538.87 million. During the same quarter last year, the company earned $0.29 EPS. The business’s quarterly revenue was down 16.0% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. As a group, equities research analysts forecast that Trinity Industries, Inc. will post 2.3 EPS for the current fiscal year.

Trinity Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Wednesday, April 15th. Trinity Industries’s dividend payout ratio (DPR) is 39.74%.

Trinity Industries 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.