Trinity Industries (NYSE:TRN) Hits New 1-Year High – Time to Buy?

Trinity Industries, Inc. (NYSE:TRN) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $37.97 and last traded at $37.9010, with a volume of 252832 shares changing hands. The stock had previously closed at $37.10.

Analysts Set New Price Targets

Several equities research analysts have recently commented on TRN shares. Weiss Ratings upgraded shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note 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. The Goldman Sachs Group reissued a “neutral” rating and set a $36.00 price target on shares of Trinity Industries in a report on Thursday, April 30th. Finally, Susquehanna boosted their price target on shares of Trinity Industries from $34.00 to $35.00 and gave the company 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 data from MarketBeat, Trinity Industries presently has an average rating of “Hold” and a consensus target price of $35.50.

Trinity Industries Trading Up 3.0%

The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 4.70. The business’s fifty day moving average is $34.57 and its two-hundred day moving average is $32.79. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 12.27 and a beta of 1.36.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.04. The firm had revenue of $492.00 million for 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%.The business’s revenue for the quarter was down 16.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 EPS. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Equities analysts anticipate that Trinity Industries, Inc. will post 2.3 earnings per share for the current fiscal year.

Trinity Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, July 15th. Trinity Industries’s dividend payout ratio is 39.74%.

Institutional Trading of Trinity Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC bought a new stake in Trinity Industries during the 1st quarter worth about $1,587,000. McIlrath & Eck LLC acquired a new position in Trinity Industries during the 1st quarter valued at about $123,000. Bank of America Corp DE boosted its stake in shares of Trinity Industries by 9.2% in the 1st quarter. Bank of America Corp DE now owns 1,089,488 shares of the transportation company’s stock valued at $35,060,000 after purchasing an additional 91,964 shares during the last quarter. Amundi boosted its stake in shares of Trinity Industries by 58.2% in the 1st quarter. Amundi now owns 39,926 shares of the transportation company’s stock valued at $1,285,000 after purchasing an additional 14,689 shares during the last quarter. Finally, California State Teachers Retirement System grew its position in shares of Trinity Industries by 29.1% during the 1st quarter. California State Teachers Retirement System now owns 98,109 shares of the transportation company’s stock worth $3,157,000 after buying an additional 22,107 shares during the period. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Trinity Industries Company 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.