
TriMas Corporation (NASDAQ:TRS – Free Report) – Equities research analysts at Zacks Research dropped their FY2026 earnings per share estimates for shares of TriMas in a research note issued on Friday, August 28th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $1.67 per share for the year, down from their previous forecast of $1.68. Zacks Research has a “Hold” rating on the stock. The consensus estimate for TriMas’ current full-year earnings is $1.67 per share. Zacks Research also issued estimates for TriMas’ Q2 2028 earnings at $0.56 EPS.
TRS has been the subject of several other reports. Weiss Ratings lowered shares of TriMas from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 18th. BWS Financial reissued a “buy” rating and set a $45.00 price target on shares of TriMas in a research report on Monday, August 3rd. Finally, Wall Street Zen upgraded TriMas from a “sell” rating to a “hold” rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $41.50.
TriMas Stock Down 1.9%
Shares of NASDAQ:TRS opened at $38.78 on Tuesday. The firm has a market cap of $1.39 billion, a PE ratio of 1.61 and a beta of 0.60. The company has a fifty day simple moving average of $40.62 and a 200 day simple moving average of $39.12. The company has a current ratio of 5.44, a quick ratio of 5.03 and a debt-to-equity ratio of 0.28. TriMas has a 12-month low of $30.43 and a 12-month high of $45.42.
TriMas (NASDAQ:TRS – Get Free Report) last released its earnings results on Thursday, July 30th. The industrial products company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. TriMas had a return on equity of 6.41% and a net margin of 104.22%.The company had revenue of $174.58 million during the quarter, compared to analysts’ expectations of $178.44 million. During the same period in the prior year, the business posted $0.61 EPS. The business’s revenue was down 36.5% on a year-over-year basis. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS.
TriMas Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, August 6th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, August 6th. TriMas’s dividend payout ratio (DPR) is 0.67%.
Insiders Place Their Bets
In other TriMas news, Director Herbert K. Parker sold 15,000 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 57,762 shares of the company’s stock, valued at $2,601,022.86. The trade was a 20.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.50% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On TriMas
Large investors have recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of TriMas by 1.7% during the first quarter. Bank of America Corp DE now owns 3,845,726 shares of the industrial products company’s stock valued at $138,215,000 after buying an additional 62,802 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in TriMas by 4.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,259,891 shares of the industrial products company’s stock worth $81,220,000 after buying an additional 91,003 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in TriMas in the 4th quarter valued at approximately $55,036,000. California State Teachers Retirement System increased its position in TriMas by 4,740.4% in the 2nd quarter. California State Teachers Retirement System now owns 1,441,275 shares of the industrial products company’s stock valued at $64,901,000 after acquiring an additional 1,411,499 shares during the period. Finally, Advisory Research Inc. raised its stake in TriMas by 46.0% during the 4th quarter. Advisory Research Inc. now owns 1,096,013 shares of the industrial products company’s stock valued at $38,854,000 after acquiring an additional 345,425 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.
About TriMas
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.
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