TriMas (NASDAQ:TRS) Lowered to "Sell" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded TriMas from “Hold” to “Sell,” contrasting with the broader analyst consensus of “Moderate Buy” and a $41.50 average price target.
• TriMas reported quarterly EPS of $0.52, beating estimates of $0.49, but revenue of $174.58 million fell short of expectations and declined 36.5% year over year.
• Shares opened at $38.94, while director Herbert K. Parker sold 15,000 shares worth approximately $675,450 under a pre-arranged trading plan; institutional investors own 99.42% of the stock.

TriMas (NASDAQ:TRS - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Saturday.

A number of other research analysts have also weighed in on the company. BWS Financial reissued a "buy" rating and set a $45.00 target price on shares of TriMas in a report on Monday, August 3rd. Zacks Research raised TriMas from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 5th. Finally, Weiss Ratings raised shares of TriMas from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, June 23rd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $41.50.

TriMas Trading Up 0.6%

Shares of NASDAQ:TRS opened at $38.94 on Friday. TriMas has a 52-week low of $30.43 and a 52-week high of $45.42. The company has a market capitalization of $1.40 billion, a P/E ratio of 1.62 and a beta of 0.60. The company has a 50-day simple moving average of $41.22 and a 200 day simple moving average of $38.77. The company has a debt-to-equity ratio of 0.28, a quick ratio of 5.03 and a current ratio of 5.44.

TriMas (NASDAQ:TRS - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.03. The business had revenue of $174.58 million during the quarter, compared to analysts' expectations of $178.44 million. TriMas had a return on equity of 6.41% and a net margin of 104.22%.TriMas's quarterly revenue was down 36.5% on a year-over-year basis. During the same quarter last year, the company posted $0.61 earnings per share. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS. Sell-side analysts forecast that TriMas will post 1.67 earnings per share for the current year.

Insider Activity at TriMas

In other news, Director Herbert K. Parker sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $45.03, for a total value of $675,450.00. Following 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 17.50% of the company's stock.

Institutional Trading of TriMas

Institutional investors have recently added to or reduced their stakes in the company. AdvisorNet Financial Inc bought a new position in TriMas during the 1st quarter worth $28,000. Covestor Ltd lifted its holdings in shares of TriMas by 20,525.0% during the fourth quarter. Covestor Ltd now owns 825 shares of the industrial products company's stock worth $29,000 after buying an additional 821 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of TriMas in the fourth quarter valued at about $29,000. Rockefeller Capital Management L.P. boosted its position in shares of TriMas by 1,958.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,029 shares of the industrial products company's stock valued at $36,000 after acquiring an additional 979 shares during the period. Finally, Quarry LP acquired a new position in shares of TriMas in the third quarter valued at about $36,000. 99.42% of the stock is currently owned by institutional investors.

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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