BWS Financial Weighs in on TriMas' Q3 Earnings (NASDAQ:TRS)

Key Points

• BWS Financial has raised its Q3 2026 earnings per share estimate for TriMas to $0.67, while maintaining a "Buy" rating and a price target of $45.00.
• TriMas reported a Q2 earnings of $0.61 EPS, exceeding the consensus estimate of $0.50 EPS, and demonstrated a 14.2% revenue increase year-over-year.
• The company also declared a quarterly dividend of $0.04 per share, yielding 0.4%, and has a dividend payout ratio of 17.58%.

TriMas Corporation (NASDAQ:TRS - Free Report) - BWS Financial upped their Q3 2026 earnings per share (EPS) estimates for shares of TriMas in a research note issued to investors on Thursday, October 9th. BWS Financial analyst H. Khorsand now forecasts that the industrial products company will earn $0.67 per share for the quarter, up from their prior forecast of $0.64. BWS Financial currently has a "Buy" rating and a $45.00 price target on the stock. The consensus estimate for TriMas' current full-year earnings is $1.69 per share. BWS Financial also issued estimates for TriMas' Q4 2026 earnings at $0.47 EPS and FY2026 earnings at $2.30 EPS.

A number of other equities analysts have also issued reports on the company. KeyCorp set a $45.00 price target on TriMas and gave the stock an "overweight" rating in a report on Tuesday, August 12th. Weiss Ratings reiterated a "hold (c)" rating on shares of TriMas in a research note on Wednesday. Finally, Zacks Research upgraded TriMas from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $45.00.

TriMas Trading Down 2.2%

NASDAQ TRS opened at $36.53 on Friday. The firm's fifty day moving average is $37.84 and its two-hundred day moving average is $30.04. TriMas has a one year low of $19.33 and a one year high of $40.34. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.44 and a current ratio of 2.59. The firm has a market cap of $1.48 billion, a PE ratio of 40.14 and a beta of 0.62.

TriMas (NASDAQ:TRS - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.50 by $0.11. The company had revenue of $274.76 million for the quarter, compared to analyst estimates of $251.18 million. TriMas had a return on equity of 11.49% and a net margin of 3.83%.The firm's revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 earnings per share. TriMas has set its FY 2025 guidance at 1.950-2.100 EPS.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. State of Wyoming purchased a new stake in TriMas in the 2nd quarter valued at approximately $65,000. BNP Paribas Financial Markets lifted its position 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 acquiring an additional 868 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of TriMas by 280.5% during the second quarter. Tower Research Capital LLC TRC now owns 4,193 shares of the industrial products company's stock valued at $120,000 after acquiring an additional 3,091 shares during the last quarter. AE Wealth Management LLC purchased a new stake in TriMas during the 2nd quarter worth about $212,000. Finally, Tidal Investments LLC acquired a new position in TriMas in the 2nd quarter valued at about $220,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.

TriMas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Tuesday, August 5th were given a $0.04 dividend. The ex-dividend date was Tuesday, August 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.4%. TriMas's dividend payout ratio is currently 17.58%.

TriMas Company Profile

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.

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