TriMas (NASDAQ:TRS) Issues FY 2026 Earnings Guidance

TriMas (NASDAQ:TRSGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.600-1.700 for the period, compared to the consensus earnings per share estimate of 1.670. The company issued revenue guidance of $665.1 million-$684.5 million, compared to the consensus revenue estimate of $679.3 million.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TRS. Weiss Ratings upgraded shares of TriMas from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Zacks Research upgraded TriMas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $41.50.

Get Our Latest Research Report on TRS

TriMas Trading Down 3.2%

Shares of NASDAQ TRS traded down $1.27 during midday trading on Thursday, reaching $38.06. The stock had a trading volume of 881,079 shares, compared to its average volume of 349,353. The company’s 50 day moving average price is $41.29 and its 200 day moving average price is $38.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 4.50 and a current ratio of 4.85. TriMas has a twelve month low of $30.43 and a twelve month high of $45.42. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 21.15 and a beta of 0.59.

TriMas (NASDAQ:TRSGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.03. TriMas had a net margin of 93.79% and a return on equity of 8.38%. The business’s quarterly revenue was down 36.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.61 earnings per share. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, sell-side analysts expect that TriMas will post 1.67 EPS for the current year.

TriMas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 6th. TriMas’s dividend payout ratio is presently 0.66%.

Insider Activity at TriMas

In other news, Director Herbert K. Parker sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $45.03, for a total transaction of $675,450.00. Following the completion of the sale, the director owned 57,762 shares of the company’s stock, valued at $2,601,022.86. This trade represents a 20.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new stake in shares of TriMas during the fourth quarter valued at approximately $29,000. Quarry LP bought a new stake in TriMas during the 3rd quarter valued at $36,000. Kemnay Advisory Services Inc. bought a new stake in TriMas during the 4th quarter valued at $51,000. State of Wyoming acquired a new position in TriMas during the second quarter worth $65,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of TriMas by 35.4% in the second quarter. BNP Paribas Financial Markets now owns 3,319 shares of the industrial products company’s stock valued at $95,000 after buying an additional 868 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

TriMas Company Profile

(Get Free Report)

TriMas Corporation is a diversified industrial company headquartered in Bloomfield Hills, Michigan. Established in 1980, TriMas has built a global reputation for designing and manufacturing specialized products that serve a wide array of end markets. The company operates through multiple segments, each focused on high-demand niches where engineered solutions and rigorous quality standards are essential.

The Packaging segment supplies closures, dispensing systems and related components for the personal care, household chemicals, food and beverage, and pharmaceutical markets.

Further Reading

Earnings History and Estimates for TriMas (NASDAQ:TRS)

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