Louisiana State Employees Retirement System Invests $1.15 Million in Trinity Industries, Inc. $TRN

Louisiana State Employees Retirement System bought a new stake in shares of Trinity Industries, Inc. (NYSE:TRN) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 35,600 shares of the transportation company’s stock, valued at approximately $1,146,000.

Several other hedge funds have also modified their holdings of TRN. UBS Group AG boosted its holdings in Trinity Industries by 92.3% in the 4th quarter. UBS Group AG now owns 455,201 shares of the transportation company’s stock worth $12,036,000 after acquiring an additional 218,437 shares during the period. Capital International Investors raised its stake in shares of Trinity Industries by 10.2% during the third quarter. Capital International Investors now owns 5,409,047 shares of the transportation company’s stock valued at $151,588,000 after purchasing an additional 499,590 shares during the period. Earnest Partners LLC raised its stake in shares of Trinity Industries by 38.5% during the third quarter. Earnest Partners LLC now owns 299,529 shares of the transportation company’s stock valued at $8,399,000 after purchasing an additional 83,315 shares during the period. Stephens Inc. AR lifted its position in shares of Trinity Industries by 13.6% during the fourth quarter. Stephens Inc. AR now owns 140,638 shares of the transportation company’s stock worth $3,718,000 after purchasing an additional 16,868 shares in the last quarter. Finally, A&I Financial Services LLC purchased a new position in shares of Trinity Industries in the fourth quarter valued at $731,000. 86.57% of the stock is currently owned by hedge funds and other institutional investors.

Trinity Industries Stock Down 0.4%

TRN stock opened at $33.98 on Friday. Trinity Industries, Inc. has a twelve month low of $22.38 and a twelve month high of $37.36. 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 company has a market capitalization of $2.70 billion, a P/E ratio of 10.89 and a beta of 1.36. The firm has a 50 day simple moving average of $33.98 and a 200-day simple moving average of $31.81.

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

Trinity Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.24 annualized dividend and a dividend yield of 3.6%. Trinity Industries’s payout ratio is presently 39.74%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TRN shares. Susquehanna raised their price target on shares of Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings upgraded shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Wall Street Zen cut shares of Trinity Industries from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $36.00 target price on shares of Trinity Industries in a research note on Thursday, April 30th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Trinity Industries currently has an average rating of “Hold” and a consensus target price of $35.50.

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.