JPMorgan Chase & Co. Sells 139,344 Shares of Trinity Industries, Inc. $TRN

Key Points

• JPMorgan Chase & Co. sold 139,344 shares of Trinity Industries in Q3, cutting its stake by 35.6% to 251,590 shares (about 0.31% ownership, valued at roughly $7.06 million).
• Other institutions added to positions—Capital International now holds 5.409 million shares (~$151.6M) and Bridgeway established a new $15.67M stake—and total institutional/hedge fund ownership stands at 86.57%.
• Trinity beat quarterly EPS expectations ($2.31 vs. $2.30) on $611.2M revenue, set FY2026 guidance of 1.850–2.100 EPS, and declared a quarterly dividend of $0.31 (annualized yield ~4.0%).

JPMorgan Chase & Co. lessened its stake in shares of Trinity Industries, Inc. (NYSE:TRN - Free Report) by 35.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 251,590 shares of the transportation company's stock after selling 139,344 shares during the period. JPMorgan Chase & Co. owned approximately 0.31% of Trinity Industries worth $7,055,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Bridgeway Capital Management LLC purchased a new stake in shares of Trinity Industries in the third quarter worth $15,673,000. Capital International Investors raised its position in shares of Trinity Industries by 10.2% in the 3rd quarter. Capital International Investors now owns 5,409,047 shares of the transportation company's stock worth $151,588,000 after purchasing an additional 499,590 shares during the last quarter. Millennium Management LLC raised its position in shares of Trinity Industries by 329.2% in the 1st quarter. Millennium Management LLC now owns 637,990 shares of the transportation company's stock worth $17,902,000 after purchasing an additional 489,348 shares during the last quarter. Bank of America Corp DE boosted its stake in Trinity Industries by 99.9% in the 2nd quarter. Bank of America Corp DE now owns 772,648 shares of the transportation company's stock worth $20,869,000 after purchasing an additional 386,102 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its stake in Trinity Industries by 43.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 966,334 shares of the transportation company's stock worth $26,101,000 after purchasing an additional 290,847 shares in the last quarter. Hedge funds and other institutional investors own 86.57% of the company's stock.

Trinity Industries Stock Up 0.5%

TRN opened at $31.34 on Tuesday. The firm's 50 day simple moving average is $31.33 and its two-hundred day simple moving average is $28.78. The company has a market capitalization of $2.50 billion, a PE ratio of 10.18 and a beta of 1.42. Trinity Industries, Inc. has a 1-year low of $22.38 and a 1-year high of $35.62. The company has a current ratio of 1.90, a quick ratio of 1.08 and a debt-to-equity ratio of 4.75.

Trinity Industries (NYSE:TRN - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The transportation company reported $2.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.30 by $0.01. The firm had revenue of $611.20 million during the quarter, compared to the consensus estimate of $570.45 million. Trinity Industries had a net margin of 11.73% and a return on equity of 21.02%. The company's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.39 EPS. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. As a group, equities analysts forecast that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be given a $0.31 dividend. The ex-dividend date is Wednesday, April 15th. This represents a $1.24 dividend on an annualized basis and a yield of 4.0%. Trinity Industries's dividend payout ratio is presently 40.26%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Wall Street Zen upgraded shares of Trinity Industries from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. The Goldman Sachs Group set a $33.00 price target on shares of Trinity Industries and gave the company a "neutral" rating in a report on Thursday, February 12th. Susquehanna set a $34.00 price objective on shares of Trinity Industries and gave the stock a "neutral" rating in a report on Friday, February 13th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Trinity Industries in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, Trinity Industries has an average rating of "Hold" and a consensus target price of $33.50.

Trinity Industries 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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