
TriMas Corporation (NASDAQ:TRS – Free Report) – Analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for TriMas in a report released on Friday, August 28th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.50 for the quarter, down from their prior estimate of $0.51. Zacks Research currently 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 2027 earnings at $0.56 EPS, Q4 2027 earnings at $0.52 EPS and FY2028 earnings at $2.22 EPS.
TriMas (NASDAQ:TRS – Get Free Report) last announced its earnings results on Thursday, July 30th. The industrial products company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.49 by $0.03. TriMas had a net margin of 104.22% and a return on equity of 6.41%. The company had revenue of $174.58 million for the quarter, compared to analysts’ expectations of $178.44 million. During the same period last year, the firm earned $0.61 earnings per share. The business’s revenue for the quarter was down 36.5% on a year-over-year basis. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS.
Get Our Latest Research Report on TriMas
TriMas Trading Down 1.9%
Shares of TRS stock opened at $38.78 on Monday. The stock has a market cap of $1.39 billion, a P/E ratio of 1.61 and a beta of 0.60. TriMas has a 1 year low of $30.43 and a 1 year high of $45.42. The company has a current ratio of 5.44, a quick ratio of 5.03 and a debt-to-equity ratio of 0.28. The stock has a 50 day simple moving average of $40.62 and a 200 day simple moving average of $39.12.
Institutional Investors Weigh In On TriMas
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Jefferies Financial Group Inc. acquired a new position in TriMas during the 4th quarter worth approximately $55,036,000. California State Teachers Retirement System boosted its position in TriMas by 4,740.4% in the second 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 buying an additional 1,411,499 shares in the last quarter. Permian Investment Partners LP acquired a new stake in TriMas in the fourth quarter valued at approximately $29,192,000. SG Americas Securities LLC grew its stake in shares of TriMas by 688.2% during the first quarter. SG Americas Securities LLC now owns 667,091 shares of the industrial products company’s stock worth $23,975,000 after buying an additional 582,452 shares during the last quarter. Finally, Alberta Investment Management Corp bought a new stake in shares of TriMas during the fourth quarter worth $16,605,000. 99.42% of the stock is owned by institutional investors.
Insider Activity at TriMas
In other news, Director Herbert K. Parker sold 15,000 shares of the stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $45.03, for a total value of $675,450.00. Following the completion of the transaction, the director owned 57,762 shares of the company’s stock, valued at approximately $2,601,022.86. This represents a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 17.50% of the company’s stock.
TriMas Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $0.16 annualized dividend and a yield of 0.4%. TriMas’s payout ratio is presently 0.67%.
TriMas Company Profile
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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