UBS Group AG Raises Holdings in Trinity Industries, Inc. $TRN

UBS Group AG grew its position in shares of Trinity Industries, Inc. (NYSE:TRNFree Report) by 92.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 455,201 shares of the transportation company’s stock after buying an additional 218,437 shares during the period. UBS Group AG’s holdings in Trinity Industries were worth $12,036,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Atlantic Union Bankshares Corp lifted its holdings in Trinity Industries by 2.5% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 17,656 shares of the transportation company’s stock worth $495,000 after purchasing an additional 423 shares in the last quarter. Royal Bank of Canada lifted its holdings in Trinity Industries by 0.6% during the 1st quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock worth $2,069,000 after purchasing an additional 457 shares in the last quarter. Fiduciary Financial Group LLC lifted its holdings in Trinity Industries by 3.4% during the 4th quarter. Fiduciary Financial Group LLC now owns 14,014 shares of the transportation company’s stock worth $371,000 after purchasing an additional 465 shares in the last quarter. Cerity Partners LLC lifted its holdings in Trinity Industries by 3.5% during the 2nd quarter. Cerity Partners LLC now owns 16,343 shares of the transportation company’s stock worth $441,000 after purchasing an additional 549 shares in the last quarter. Finally, California State Teachers Retirement System lifted its holdings in Trinity Industries by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 76,161 shares of the transportation company’s stock worth $2,057,000 after purchasing an additional 563 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Analysts Set New Price Targets

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

Read Our Latest Report on TRN

Trinity Industries Stock Performance

NYSE:TRN opened at $34.26 on Friday. The business’s 50-day moving average price is $32.60 and its two-hundred day moving average price is $30.03. Trinity Industries, Inc. has a twelve month low of $22.38 and a twelve month high of $37.36. The stock has a market cap of $2.72 billion, a P/E ratio of 10.98 and a beta of 1.40. The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 4.70.

Trinity Industries (NYSE:TRNGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.32 earnings per share for the quarter, beating 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 firm had revenue of $492.00 million for the quarter, compared to analysts’ expectations of $538.87 million. During the same quarter last year, the firm posted $0.29 EPS. The company’s revenue was down 16.0% compared to the same quarter last year. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. As a group, equities analysts predict that Trinity Industries, Inc. will post 2.3 EPS for the current fiscal year.

Trinity Industries Dividend Announcement

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

Trinity Industries Company 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.

See Also

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Institutional Ownership by Quarter for Trinity Industries (NYSE:TRN)

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