BWS Financial Has Positive Outlook for TriMas Q2 Earnings

TriMas Co. (NASDAQ:TRS - Free Report) - Research analysts at BWS Financial upped their Q2 2025 earnings estimates for TriMas in a report issued on Wednesday, April 30th. BWS Financial analyst H. Khorsand now expects that the industrial products company will post earnings of $0.50 per share for the quarter, up from their previous forecast of $0.48. BWS Financial has a "Buy" rating and a $40.00 price objective on the stock. The consensus estimate for TriMas' current full-year earnings is $1.69 per share. BWS Financial also issued estimates for TriMas' FY2025 earnings at $1.81 EPS.

TriMas (NASDAQ:TRS - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. TriMas had a net margin of 2.93% and a return on equity of 9.21%. The company had revenue of $241.67 million for the quarter, compared to analyst estimates of $235.41 million. During the same period in the prior year, the company posted $0.37 EPS. The firm's revenue for the quarter was up 6.4% on a year-over-year basis.

TriMas Trading Down 0.7 %

TRS stock traded down $0.18 during trading on Monday, hitting $24.42. The company had a trading volume of 213,643 shares, compared to its average volume of 319,797. TriMas has a 52-week low of $19.33 and a 52-week high of $28.51. The company has a 50 day simple moving average of $22.61 and a 200-day simple moving average of $24.23. The firm has a market capitalization of $992.72 million, a P/E ratio of 38.16 and a beta of 0.58. The company has a quick ratio of 1.44, a current ratio of 2.83 and a debt-to-equity ratio of 0.60.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Barclays PLC increased its holdings in TriMas by 341.3% in the 3rd quarter. Barclays PLC now owns 68,792 shares of the industrial products company's stock worth $1,755,000 after buying an additional 53,203 shares during the period. JPMorgan Chase & Co. increased its stake in shares of TriMas by 3.3% in the third quarter. JPMorgan Chase & Co. now owns 38,461 shares of the industrial products company's stock worth $982,000 after acquiring an additional 1,227 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of TriMas by 3.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 605,502 shares of the industrial products company's stock worth $14,889,000 after purchasing an additional 22,656 shares during the last quarter. Bank of New York Mellon Corp lifted its position in TriMas by 4.7% during the fourth quarter. Bank of New York Mellon Corp now owns 246,097 shares of the industrial products company's stock valued at $6,052,000 after purchasing an additional 11,125 shares during the period. Finally, First Eagle Investment Management LLC lifted its position in TriMas by 1.8% during the fourth quarter. First Eagle Investment Management LLC now owns 257,506 shares of the industrial products company's stock valued at $6,332,000 after purchasing an additional 4,500 shares during the period. 99.42% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at TriMas

In other TriMas news, Director Jeffrey A. Fielkow bought 2,500 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average cost of $20.78 per share, for a total transaction of $51,950.00. Following the purchase, the director now directly owns 11,013 shares in the company, valued at $228,850.14. This represents a 29.37 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Shawn Sedaghat acquired 123,388 shares of the business's stock in a transaction dated Wednesday, April 30th. The shares were bought at an average price of $23.83 per share, for a total transaction of $2,940,336.04. Following the acquisition, the director now owns 1,024,362 shares of the company's stock, valued at approximately $24,410,546.46. This represents a 13.69 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders purchased 929,634 shares of company stock valued at $22,278,549. Corporate insiders own 14.20% of the company's stock.

TriMas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Tuesday, May 6th will be issued a $0.04 dividend. The ex-dividend date is Tuesday, May 6th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.66%. TriMas's dividend payout ratio is presently 20.78%.

About TriMas

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. The company operates through Packaging, Aerospace, and Specialty Products segments. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands.