Envestnet Asset Management Trims Stake in Trinity Industries,

Trending News ☀️

Envestnet Asset Management Inc. recently reduced its stake in Trinity Industries ($NYSE:TRN), Inc., a leading transportation and logistics service provider headquartered in Dallas, Texas. The company produces railcars and parts, barges, highway products, and prefabricated structures. It also provides leasing, repair, and maintenance services to the rail industry and is one of the largest manufacturers in the United States. Trinity Industries, Inc. offers a variety of products and services to its clients that include tank cars, covered hoppers, intermodal and specialty cars, and gondolas; and barges for the maritime industry. It also provides materials management services such as railcar storage, railcar cleaning, and railcar repair.

Additionally, the company offers highway products for infrastructure projects like guardrails, crash cushions, sound barriers, and bridge rails. This decision demonstrates an increased focus on managing its portfolio of investments and ensuring its investors are receiving the best returns possible from their investments.

Price History

Trinity Industries Inc. is an industrial conglomerate that operates in several markets, including energy infrastructure products, railcar and barge leasing and manufacturing, and construction products. The company is headquartered in Texas and has a presence in several states across the United States, as well as in Canada and Mexico. It is listed on the New York Stock Exchange under the ticker symbol “TRN”.

Despite the recent news of Envestnet Asset Management Inc. trimming its stake in Trinity Industries Inc., the company continues to remain a major player in its respective markets. It has a strong balance sheet and consistent cash flows which should help it maintain its growth trajectory in the coming years. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Trinity Industries. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Trinity Industries. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Trinity Industries. More…

Key Ratios Snapshot

Some of the financial key ratios for Trinity Industries are shown below. More…

Analysis

GoodWhale is here to help you analyze the fundamentals of TRINITY INDUSTRIES. According to our Star Chart, TRINITY INDUSTRIES has an intermediate health score of 4/10, suggesting that it may be able to pay off debts and fund future operations. We classify TRINITY INDUSTRIES as a ‘rhino’, which means that it has achieved moderate revenue or earnings growth. In terms of specific metrics, TRINITY INDUSTRIES performs well in terms of dividends, but is more medium in terms of profitability and weak in terms of asset and growth. This type of company could be attractive to many types of investors, such as those looking for steady income or those with a low risk tolerance. More…

Peers

Trinity Industries Inc, a leading provider of transportation products and services, competes with FreightCar America Inc, Seaco Ltd, and GATX Corp. All four companies provide a variety of transportation products and services including railcars, barges, and ships. Trinity Industries Inc has a long history dating back to its founding in 1933. The company has a strong reputation for quality products and services.

– FreightCar America Inc ($NASDAQ:RAIL)

FreightCar America Inc. is a publicly traded company with a market capitalization of $73.48 million as of 2022. The company is involved in the design and manufacture of railcars for the transportation of freight. The company has a negative return on equity of 42.6%.

– Seaco Ltd ($OTCPK:SEAOF)

GATX Corporation is an American railcar leasing company. The company was founded in 1898 and is headquartered in Chicago, Illinois. As of 2018, GATX had a fleet of over 100,000 railcars and owned or managed nearly 200,000 more. The company operates in three segments: Rail North America, Rail International, and Portfolio Management.

Summary

Trinity Industries, Inc. (TRN) has seen its stock price decrease within the last year. This has been due in part to a decrease in the value of the company’s holdings, as Envestnet Asset Management Inc. recently cut its stake in the company. Analysts have noted that TRN is a relatively mature company with limited growth potential, and the stock price is subject to market and sector volatility.

In addition, the company has a large amount of debt, which could impact its ability to expand operations over the long-term. Investors looking to invest in TRN should consider these factors, as well as potential risks, and weigh them against the company’s recent performance and outlook for the future.