TRNNYSERailroad EquipmentFiscal year ends December 31
TRINITY INDUSTRIES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$24.87−0.35 (-1.39%)
Close on Oct 19, 2026
- Market cap
- $2.03B
- P/E (TTM)
- 6.0
- Dividend yield
- 4.87%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
95.9%
76M of 80M shares
Institutional holders
343
54 new, 27 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
0 buys · 1 sales
Net sold $502.35K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Capital International Investors | 5,544,272 | 6.90% | 13G (passive) amendment | Mar 31, 2026 |
| Vanguard Portfolio Management | 5,354,156 | 6.70% | 13G (passive) | Mar 31, 2026 |
| Dimensional Fund Advisors LP | 5,024,343 | 6.10% | 13G (passive) amendment | Mar 31, 2025 |
| American Century Companies, Inc. | 4,321,153 | 5.40% | 13G (passive) | Jun 30, 2026 |
| Vanguard Capital Management | 4,181,063 | 5.23% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 4,123,807 | 5.20% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 12,684,000 | 15.50% | 13G (passive) amendment | Mar 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TRN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 13,356,707 | 16.77% | $461.87M | +370,390 | 0.01% |
| Capital International Investors | 5,752,329 | 7.22% | $199.04M | +234,843 | 0.04% |
| Vanguard Portfolio Management LLC | 5,677,209 | 7.13% | $196.32M | +372,223 | 0.01% |
| Dimensional Fund Advisors LP | 4,853,865 | 6.09% | $167.85M | +52,629 | 0.03% |
| American Century Companies Inc | 4,321,153 | 5.42% | $149.43M | +715,130 | 0.07% |
| State Street Corp | 4,123,807 | 5.18% | $142.60M | +245,434 | 0.00% |
| Vanguard Capital Management LLC | 3,577,611 | 4.49% | $123.71M | −5,380 | 0.00% |
| Goldman Sachs Group Inc | 2,545,151 | 3.19% | $88.01M | +920,968 | 0.01% |
| Jennison Associates LLC | 2,333,043 | 2.93% | $80.68M | −110,278 | 0.05% |
| Geode Capital Management, LLC | 2,043,343 | 2.56% | $70.67M | +99,002 | 0.00% |
| Morgan Stanley | 1,610,059 | 2.02% | $55.68M | −89,279 | 0.00% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,506,164 | 1.89% | $52.08M | +117,035 | 0.06% |
| River Road Asset Management, LLC | 1,388,599 | 1.74% | $48.02M | New | 0.53% |
| Charles Schwab Investment Management Inc | 1,229,646 | 1.54% | $42.52M | −93,960 | 0.01% |
| Bank Of America Corp /De/ | 1,000,110 | 1.26% | $34.58M | −89,378 | 0.00% |
| Gamco Investors, Inc. Et Al | 970,940 | 1.22% | $33.58M | −12,400 | 0.30% |
| Invesco Ltd. | 952,271 | 1.20% | $32.93M | +167,675 | 0.00% |
| Northern Trust Corp | 946,588 | 1.19% | $32.73M | −98,525 | 0.00% |
| First Eagle Investment Management, LLC | 926,638 | 1.16% | $32.04M | +511,019 | 0.03% |
| D. E. Shaw & Co., Inc. | 906,553 | 1.14% | $31.35M | −73,916 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 343 | 76M | 95.9% | 54 / 117 | 96 / 27 | 8M | 3M |
| Q1 2026 | 324 | 71M | 89.7% | 60 / 109 | 96 / 36 | 16M | 7M |
| Q4 2025 | 304 | 71M | 89.5% | 44 / 98 | 111 / 39 | 7M | 6M |
| Q3 2025 | 305 | 70M | 88.3% | 48 / 94 | 100 / 31 | 6M | 6M |
| Q2 2025 | 291 | 70M | 88.0% | 36 / 107 | 99 / 42 | 4M | 4M |
| Q1 2025 | 298 | 70M | 88.1% | 49 / 96 | 95 / 38 | 6M | 6M |
| Q4 2024 | 292 | 71M | 89.4% | 37 / 92 | 101 / 38 | 4M | 3M |
| Q3 2024 | 296 | 71M | 88.9% | 46 / 90 | 105 / 31 | 19M | 5M |
| Q2 2024 | 283 | 70M | 88.2% | 49 / 97 | 92 / 25 | 7M | 7M |
| Q1 2024 | 261 | 70M | 88.4% | 37 / 75 | 99 / 37 | 4M | 2M |
| Q4 2023 | 263 | 69M | 86.7% | 59 / 86 | 80 / 24 | 4M | 3M |
| Q3 2023 | 230 | 68M | 84.8% | 25 / 73 | 88 / 22 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of TRN | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 4,790,520 | 6.01% | $165.66M | 0.15% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 3,464,840 | 4.35% | $112.40M | 0.42% | May 31, 2026 |
| Capital Income Builder | 2,645,967 | 3.32% | $82.66M | 0.06% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 2,522,456 | 3.17% | $87.23M | 0.00% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 2,512,621 | 3.15% | $86.89M | 0.09% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,073,627 | 2.60% | $71.71M | 0.09% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,825,924 | 2.29% | $63.14M | 0.03% | Jun 30, 2026 |
| Global X U.S. Infrastructure Development ETF | 1,352,265 | 1.70% | $43.87M | 0.32% | May 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,155,039 | 1.45% | $39.94M | 0.06% | Jun 30, 2026 |
| PGIM Jennison Small Company Fund | 1,002,267 | 1.26% | $34.66M | 0.99% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 995,628 | 1.25% | $31.10M | 0.16% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 912,198 | 1.14% | $31.54M | 0.03% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 883,610 | 1.11% | $27.60M | 0.08% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 731,619 | 0.92% | $25.30M | 0.15% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 684,489 | 0.86% | $23.67M | 0.30% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jean Savage | President & CEO, Director | 407,700 | 0.51% | May 26, 2026 |
| Kevin Poet | EVP Operations & Support Svcs | 69,225 | 0.09% | Aug 26, 2026 |
| Aaron J. Gooding | EVP Leasing and Services | 26,690 | 0.03% | May 26, 2026 |
| Eric R. Marchetto | EVP & CFO | 317,084 | 0.40% | May 26, 2026 |
| Scott M. Ewing | EVP & Chief Legal Officer | 74,195 | 0.09% | May 26, 2026 |
| Christina N. Maldonado | Vice President and CAO | 26,587 | 0.03% | May 26, 2026 |
| Gregory B. Mitchell | EVP Leasing and Services | 124,619 | 0.16% | Sep 9, 2025 |
| Todd Maclin | Director | 36,693 | 0.05% | Jul 2, 2026 |
| Robert C. Biesterfeld Jr | Director | 3,644 | 0.00% | Jul 2, 2026 |
| Leldon E. Echols | Director | 80,260 | 0.10% | Jul 2, 2026 |
| John J. Diez | Director | 29,755 | 0.04% | May 26, 2026 |
| Dunia A. Shive | Director | – | – | May 26, 2026 |
| William P. Ainsworth | Director | 31,985 | 0.04% | May 26, 2026 |
| Veena M. Lakkundi | Director | 5,121 | 0.01% | May 26, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Kevin Poet EVP Operations & Support Svcs | Aug 25, 2026 | Sale(10b5-1 plan) | −17,000 | $29.55 | $502.35K | 69,225 |
| Jean Savage President & CEO, Director | May 21, 2026 | Tax withholding | −55,697 | $34.30 | $1.91M | 341,798 |
| Jean Savage President & CEO, Director | May 21, 2026 | Award | +192,682 | – | – | 397,495 |
| William P. Ainsworth Director | May 21, 2026 | Award | +4,024 | – | – | 31,985 |
| Leldon E. Echols Director | May 21, 2026 | Award | +6,210 | – | – | 80,260 |
| Christina N. Maldonado Vice President and CAO | May 21, 2026 | Award | +2,100 | – | – | 26,587 |
| Kevin Poet EVP Operations & Support Svcs | May 21, 2026 | Tax withholding | −10,465 | $34.30 | $358.95K | 86,225 |
| Kevin Poet EVP Operations & Support Svcs | May 21, 2026 | Award | +35,579 | – | – | 96,690 |
| Aaron J. Gooding EVP Leasing and Services | May 21, 2026 | Award | +13,240 | – | – | 26,690 |
| Aaron J. Gooding EVP Leasing and Services | May 21, 2026 | Tax withholding | −1,705 | $34.30 | $58.48K | 24,985 |
| Eric R. Marchetto EVP & CFO | May 21, 2026 | Award | +51,336 | – | – | 314,004 |
| Eric R. Marchetto EVP & CFO | May 21, 2026 | Tax withholding | −14,922 | $34.30 | $511.82K | 299,082 |
| Scott M. Ewing EVP & Chief Legal Officer | May 21, 2026 | Award | +14,144 | – | – | 74,195 |
| Scott M. Ewing EVP & Chief Legal Officer | May 21, 2026 | Tax withholding | −1,972 | $34.30 | $67.64K | 72,223 |
| John J. Diez Director | May 21, 2026 | Award | +4,024 | – | – | 29,755 |
| Todd Maclin Director | May 21, 2026 | Award | +4,024 | – | – | 36,693 |
| Jean Savage President & CEO, Director | May 15, 2026 | Tax withholding | −23,768 | $34.26 | $814.29K | 204,813 |
| Aaron J. Gooding EVP Leasing and Services | May 15, 2026 | Tax withholding | −805 | $34.26 | $27.58K | 13,450 |
| Scott M. Ewing EVP & Chief Legal Officer | May 15, 2026 | Tax withholding | −1,492 | $34.26 | $51.12K | 60,051 |
| Eric R. Marchetto EVP & CFO | May 15, 2026 | Tax withholding | −7,126 | $34.26 | $244.14K | 262,668 |
| Kevin Poet EVP Operations & Support Svcs | May 15, 2026 | Tax withholding | −2,785 | $34.26 | $95.41K | 61,111 |
| Christina N. Maldonado Vice President and CAO | May 15, 2026 | Tax withholding | −1,000 | $34.26 | $34.26K | 24,487 |
| Jean Savage President & CEO, Director | Mar 2, 2026 | Gift | −130,000 | – | – | 228,581 |
| Gregory B. Mitchell EVP Leasing and Services | Sep 7, 2025 | Tax withholding | −4,890 | $28.57 | $139.71K | 124,619 |
| Christina N. Maldonado Vice President and CAO | Jun 30, 2025 | Tax withholding | −79 | $27.01 | $2.13K | 25,487 |
| Jean Savage President & CEO, Director | Jun 12, 2025 | Gift | −165,222 | – | – | 84,384 |
| Jean Savage President & CEO, Director | Jun 12, 2025 | Gift | +65,902 | – | – | 65,902 |
| Todd Maclin Director | May 15, 2025 | Award | +5,121 | – | – | 32,669 |
| Veena M. Lakkundi Director | May 15, 2025 | Award | +5,121 | – | – | 5,121 |
| Jean Savage President & CEO, Director | May 15, 2025 | Tax withholding | −90,419 | $26.95 | $2.44M | 274,197 |
| Jean Savage President & CEO, Director | May 15, 2025 | Award | +208,214 | – | – | 364,616 |
| Jean Savage President & CEO, Director | May 15, 2025 | Tax withholding | −90,419 | $26.95 | $2.44M | 274,197 |
| Jean Savage President & CEO, Director | May 15, 2025 | Award | +208,214 | – | – | 364,616 |
| Gregory B. Mitchell EVP Leasing and Services | May 15, 2025 | Award | +26,687 | – | – | 138,566 |
| Gregory B. Mitchell EVP Leasing and Services | May 15, 2025 | Tax withholding | −9,057 | $26.95 | $244.09K | 129,509 |
| Kevin Poet EVP Operations & Support Svcs | May 15, 2025 | Tax withholding | −10,811 | $26.95 | $291.36K | 63,896 |
| Kevin Poet EVP Operations & Support Svcs | May 15, 2025 | Award | +31,559 | – | – | 74,707 |
| Scott M. Ewing EVP & Chief Legal Officer | May 15, 2025 | Tax withholding | −3,367 | $26.95 | $90.74K | 61,543 |
| Scott M. Ewing EVP & Chief Legal Officer | May 15, 2025 | Award | +15,983 | – | – | 64,910 |
| William P. Ainsworth Director | May 15, 2025 | Award | +5,121 | – | – | 27,961 |
| Christina N. Maldonado Vice President and CAO | May 15, 2025 | Tax withholding | −788 | $26.95 | $21.24K | 25,566 |
| Christina N. Maldonado Vice President and CAO | May 15, 2025 | Award | +2,375 | – | – | 26,354 |
| Leldon E. Echols Director | May 15, 2025 | Award | +7,904 | – | – | 74,050 |
| Eric R. Marchetto EVP & CFO | May 15, 2025 | Award | +56,070 | – | – | 294,489 |
| Eric R. Marchetto EVP & CFO | May 15, 2025 | Tax withholding | −24,695 | $26.95 | $665.53K | 269,794 |
| John J. Diez Director | May 15, 2025 | Award | +5,121 | – | – | 25,731 |
| Gregory B. Mitchell EVP Leasing and Services | Mar 3, 2025 | Sale(10b5-1 plan) | −9,286 | $31.02 | $288.05K | 111,879 |
| Eric R. Marchetto EVP & CFO | Jan 30, 2025 | Tax withholding | −6,381 | $38.30 | $244.39K | 238,419 |
| Gregory B. Mitchell EVP Leasing and Services | Nov 15, 2024 | Sale | −20,510 | $37.15 | $761.95K | 121,165 |
| Jean Savage President & CEO, Director | Sep 11, 2024 | Gift | +249,606 | – | – | 249,606 |
| Jean Savage President & CEO, Director | Sep 11, 2024 | Gift | −249,606 | – | – | 156,402 |
| Christina N. Maldonado Vice President and CAO | Jun 30, 2024 | Tax withholding | −80 | $29.92 | $2.39K | 23,979 |
| Leldon E. Echols Director | May 20, 2024 | Award | +6,927 | – | – | 66,146 |
| Scott M. Ewing EVP & Chief Legal Officer | May 20, 2024 | Tax withholding | −1,379 | $30.75 | $42.40K | 48,927 |
| Scott M. Ewing EVP & Chief Legal Officer | May 20, 2024 | Award | +11,522 | – | – | 50,306 |
| Eric R. Marchetto EVP & CFO | May 20, 2024 | Tax withholding | −10,703 | $30.75 | $329.12K | 244,800 |
| Eric R. Marchetto EVP & CFO | May 20, 2024 | Award | +40,863 | – | – | 255,503 |
| Kevin Poet EVP Operations & Support Svcs | May 20, 2024 | Tax withholding | −1,724 | $30.75 | $53.01K | 43,148 |
| Kevin Poet EVP Operations & Support Svcs | May 20, 2024 | Award | +16,450 | – | – | 44,872 |
| John J. Diez Director | May 20, 2024 | Award | +4,488 | – | – | 20,610 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Poet Kevin Officer | Aug 25, 2026 | 17,000 | $504.73K | Aug 25, 2026 | Restricted and Performance Stock Units |
| B. Mitchell Gregory Officer | Mar 3, 2025 | 9,286 | $288.06K | Mar 3, 2025 | Performance Shares |
| B. Mitchell Gregory Officer | Nov 15, 2024 | 20,510 | $761.90K | Nov 15, 2024 | Performance Shares |
| R. Marchetto Eric Officer | May 2, 2024 | 8,816 | $264.48K | May 2, 2024 | Performance Shares |
| R. Marchetto Eric Officer | Mar 27, 2024 | 9,781 | $273.87K | Mar 27, 2024 | Performance Shares |
| Kevin Poet Officer | Mar 6, 2024 | 6,000 | $152.69K | Mar 6, 2024 | RESTRICTED STOCK |
| R. Marchetto Eric Officer | Dec 13, 2023 | 11,863 | $320.31K | Dec 13, 2023 | Performance Shares |
| Gregory B. Mitchell Officer | Nov 8, 2023 | 12,536 | $288.33K | Nov 8, 2023 | PERFORMANCE SHARES |
| R. Marchetto Eric Officer | Sep 28, 2023 | 11,765 | $294.13K | Sep 28, 2023 | Restricted Stock |