Campbell & CO Investment Adviser LLC Acquires New Holdings in Trinity Industries, Inc. $TRN

Key Points

• Campbell & CO Investment Adviser LLC has acquired a new stake in Trinity Industries, Inc., purchasing 74,428 shares valued at approximately $2.1 million, which represents about 0.09% ownership of the company.
• Trinity Industries recently reported quarterly earnings of $0.19 per share, falling short of analysts' expectations of $0.31, alongside a revenue decline of 39.8% compared to the same quarter last year.
• Wall Street analysts generally hold a "Hold" rating on Trinity Industries, with a consensus target price of $27.50, while some have downgraded their ratings amidst recent performance concerns.

Campbell & CO Investment Adviser LLC acquired a new stake in shares of Trinity Industries, Inc. (NYSE:TRN - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 74,428 shares of the transportation company's stock, valued at approximately $2,088,000. Campbell & CO Investment Adviser LLC owned about 0.09% of Trinity Industries as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in shares of Trinity Industries by 2.3% in the first quarter. Principal Financial Group Inc. now owns 410,122 shares of the transportation company's stock worth $11,508,000 after purchasing an additional 9,395 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Trinity Industries by 1,142.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 85,199 shares of the transportation company's stock worth $2,391,000 after acquiring an additional 78,341 shares in the last quarter. Fifth Third Bancorp grew its holdings in Trinity Industries by 3,212.1% during the 1st quarter. Fifth Third Bancorp now owns 12,023 shares of the transportation company's stock worth $337,000 after acquiring an additional 11,660 shares in the last quarter. Twelve Points Wealth Management LLC grew its holdings in Trinity Industries by 23.4% during the 1st quarter. Twelve Points Wealth Management LLC now owns 51,898 shares of the transportation company's stock worth $1,456,000 after acquiring an additional 9,840 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in Trinity Industries during the 1st quarter worth about $404,000. Institutional investors own 86.57% of the company's stock.

Trinity Industries Stock Performance

Shares of TRN traded down $0.25 during trading hours on Friday, hitting $28.37. The stock had a trading volume of 320,150 shares, compared to its average volume of 621,251. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of 24.88 and a beta of 1.49. The firm has a 50-day moving average price of $27.21 and a 200 day moving average price of $27.45. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.01 and a current ratio of 1.96. Trinity Industries, Inc. has a fifty-two week low of $22.38 and a fifty-two week high of $39.83.

Trinity Industries (NYSE:TRN - Get Free Report) last announced its earnings results on Thursday, July 31st. The transportation company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.12). Trinity Industries had a return on equity of 8.49% and a net margin of 3.83%.The business had revenue of $506.20 million for the quarter, compared to analyst estimates of $589.96 million. During the same period last year, the firm earned $0.66 EPS. The company's revenue for the quarter was down 39.8% compared to the same quarter last year. Trinity Industries has set its FY 2025 guidance at 1.400-1.60 EPS. As a group, research analysts anticipate that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on TRN shares. Wall Street Zen cut shares of Trinity Industries from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. Susquehanna dropped their target price on shares of Trinity Industries from $26.00 to $24.00 and set a "neutral" rating on the stock in a report on Tuesday, July 29th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Trinity Industries has an average rating of "Hold" and an average price target of $27.50.

Trinity Industries Profile

Trinity Industries, Inc provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services.