Trinity Industries (NYSE:TRN) Sets New 12-Month High – What’s Next?

Trinity Industries, Inc. (NYSE:TRN) reached a new 52-week high on Friday . The stock traded as high as $37.27 and last traded at $36.6430, with a volume of 654908 shares trading hands. The stock had previously closed at $36.25.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Weiss Ratings raised Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday. Susquehanna raised 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 reaffirmed a “neutral” rating and issued a $36.00 price objective on shares of Trinity Industries in a research note on Thursday, April 30th. Finally, Wall Street Zen downgraded Trinity Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. One 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.com, the company has a consensus rating of “Hold” and an average price target of $35.50.

Trinity Industries Stock Up 1.1%

The company has a debt-to-equity ratio of 4.70, a current ratio of 1.87 and a quick ratio of 0.94. The firm has a 50-day simple moving average of $32.41 and a two-hundred day simple moving average of $29.71. The company has a market cap of $2.91 billion, a PE ratio of 11.74 and a beta of 1.40.

Trinity Industries (NYSE:TRN) last released its quarterly 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. The company had revenue of $492.00 million during the quarter, compared to the consensus estimate of $538.87 million. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.Trinity Industries’s revenue was down 16.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.29 earnings per share. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Research analysts anticipate that Trinity Industries, Inc. will post 2.3 earnings per share for the current fiscal year.

Trinity Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $1.24 annualized dividend and a yield of 3.4%. Trinity Industries’s dividend payout ratio (DPR) is presently 39.74%.

Hedge Funds Weigh In On Trinity Industries

Several hedge funds have recently bought and sold shares of TRN. Strs Ohio purchased a new position in Trinity Industries during the first quarter worth $25,000. Northwestern Mutual Wealth Management Co. increased its position in 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 worth $27,000 after buying an additional 494 shares in the last quarter. Whittier Trust Co. increased its position in Trinity Industries by 880.7% during the first quarter. Whittier Trust Co. now owns 863 shares of the transportation company’s stock worth $28,000 after buying an additional 775 shares in the last quarter. Hantz Financial Services Inc. increased its position in Trinity Industries by 117.4% during the third quarter. Hantz Financial Services Inc. now owns 1,287 shares of the transportation company’s stock worth $36,000 after buying an additional 695 shares in 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 buying an additional 613 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

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.