Gamco Investors INC. ET AL Has $31.64 Million Stock Position in Trinity Industries, Inc. $TRN

Gamco Investors INC. ET AL lowered its stake in shares of Trinity Industries, Inc. (NYSE:TRN) by 8.3% during the first quarter, Holdings Channel reports. The fund owned 983,340 shares of the transportation company’s stock after selling 89,245 shares during the period. Gamco Investors INC. ET AL’s holdings in Trinity Industries were worth $31,644,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRN. Strs Ohio bought a new position in shares of Trinity Industries in the first quarter worth about $25,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Trinity Industries by 94.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 494 shares during the last quarter. Whittier Trust Co. grew its stake in shares of Trinity Industries by 880.7% during the first quarter. Whittier Trust Co. now owns 863 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 775 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Trinity Industries by 24.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 298 shares during the last quarter. Finally, Kelleher Financial Advisors acquired a new stake in shares of Trinity Industries in the third quarter valued at approximately $41,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Trinity Industries Stock Up 1.6%

Shares of NYSE TRN opened at $37.36 on Friday. Trinity Industries, Inc. has a 1 year low of $22.38 and a 1 year high of $37.88. The firm’s 50-day moving average is $34.51 and its 200-day moving average is $32.69. The company has a current ratio of 1.87, a quick ratio of 0.94 and a debt-to-equity ratio of 4.70. The firm has a market capitalization of $2.97 billion, a PE ratio of 11.97 and a beta of 1.36.

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

Trinity Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Wednesday, July 15th. Trinity Industries’s payout ratio is currently 39.74%.

Analysts Set New Price Targets

TRN has been the subject of several research analyst reports. Wall Street Zen cut shares of Trinity Industries from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $36.00 price objective on shares of Trinity Industries in a research report on Thursday, April 30th. Weiss Ratings raised Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Finally, Susquehanna boosted their target price on Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $35.50.

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.