78,235 Shares in Trinity Industries, Inc. $TRN Bought by Orchard Capital Management LLC

Key Points

• Orchard Capital Management initiated a 78,235-share stake in Trinity Industries valued at approximately $2.7 million, representing 2.6% of its portfolio and 0.10% of Trinity’s outstanding shares.
• Institutional investors own 86.57% of Trinity Industries, with several firms recently adding to or initiating positions.
• Analysts maintain a generally neutral outlook: Trinity has a consensus “Hold” rating and a $35.00 average price target, while the stock recently opened at $29.81.

Orchard Capital Management LLC purchased a new stake in Trinity Industries, Inc. (NYSE:TRN - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 78,235 shares of the transportation company's stock, valued at approximately $2,705,000. Trinity Industries accounts for 2.6% of Orchard Capital Management LLC's investment portfolio, making the stock its 15th biggest position. Orchard Capital Management LLC owned 0.10% of Trinity Industries at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Strs Ohio acquired a new stake in Trinity Industries in the 1st quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Trinity Industries by 94.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company's stock worth $27,000 after acquiring an additional 494 shares in the last quarter. Whittier Trust Co. raised its holdings in shares of Trinity Industries by 880.7% in 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 lifted its position in shares of Trinity Industries by 24.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company's stock worth $41,000 after purchasing an additional 298 shares in the last quarter. Finally, Kelleher Financial Advisors bought a new stake in shares of Trinity Industries in the third quarter worth $41,000. 86.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on TRN shares. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $36.00 target price on shares of Trinity Industries in a research report on Thursday, April 30th. Susquehanna reduced their price objective on shares of Trinity Industries from $35.00 to $34.00 and set a "neutral" rating for the company in a research note on Friday, July 31st. Wall Street Zen cut Trinity Industries from a "buy" rating to a "hold" rating in a report on Saturday, June 13th. Finally, Weiss Ratings downgraded Trinity Industries from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, August 13th. One investment 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, the company has a consensus rating of "Hold" and a consensus price target of $35.00.

Trinity Industries Stock Performance

Shares of NYSE TRN opened at $29.81 on Friday. The company has a current ratio of 1.89, a quick ratio of 0.91 and a debt-to-equity ratio of 4.56. The company has a market capitalization of $2.37 billion, a P/E ratio of 7.18 and a beta of 1.37. Trinity Industries, Inc. has a 12 month low of $24.76 and a 12 month high of $38.31. The stock has a 50 day moving average of $33.83 and a 200-day moving average of $33.18.

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.

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