BWS Financial reissued their buy rating on shares of TriMas (NASDAQ:TRS - Free Report) in a research report released on Wednesday morning, MarketBeat.com reports. BWS Financial currently has a $45.00 price objective on the industrial products company's stock, up from their prior price objective of $40.00. BWS Financial also issued estimates for TriMas' Q3 2025 earnings at $0.56 EPS, FY2025 earnings at $1.99 EPS, Q1 2026 earnings at $0.47 EPS and Q4 2026 earnings at $0.43 EPS.
Separately, Wall Street Zen raised shares of TriMas from a "hold" rating to a "buy" rating in a research note on Sunday, June 1st.
Read Our Latest Analysis on TriMas
TriMas Price Performance
TriMas stock traded down $0.81 during midday trading on Wednesday, reaching $34.92. The company had a trading volume of 510,743 shares, compared to its average volume of 405,933. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.59 and a quick ratio of 1.49. TriMas has a 12-month low of $19.33 and a 12-month high of $36.77. The company has a market capitalization of $1.42 billion, a P/E ratio of 38.37 and a beta of 0.66. The firm's fifty day simple moving average is $28.94 and its 200-day simple moving average is $25.27.
TriMas (NASDAQ:TRS - Get Free Report) last announced its earnings results on Tuesday, July 29th. The industrial products company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.11. The business had revenue of $274.76 million during the quarter, compared to analysts' expectations of $251.18 million. TriMas had a return on equity of 11.49% and a net margin of 3.83%. The business's revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.43 earnings per share. As a group, equities analysts anticipate that TriMas will post 1.69 EPS for the current year.
TriMas Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Stockholders of record on Tuesday, August 5th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, August 5th. TriMas's payout ratio is currently 17.58%.
Insider Activity at TriMas
In related news, Director Adrianne Shapira bought 4,000 shares of the business's stock in a transaction on Thursday, June 5th. The stock was acquired at an average cost of $25.82 per share, with a total value of $103,280.00. Following the purchase, the director directly owned 8,476 shares of the company's stock, valued at $218,850.32. The trade was a 89.37% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Shawn Sedaghat purchased 410,172 shares of the stock in a transaction dated Wednesday, May 21st. The shares were purchased at an average cost of $25.43 per share, for a total transaction of $10,430,673.96. Following the transaction, the director owned 1,810,821 shares in the company, valued at approximately $46,049,178.03. The trade was a 29.28% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 848,261 shares of company stock worth $21,645,007. Insiders own 14.20% of the company's stock.
Institutional Investors Weigh In On TriMas
Several hedge funds and other institutional investors have recently bought and sold shares of TRS. Sterling Capital Management LLC increased its holdings in shares of TriMas by 815.5% during the 4th quarter. Sterling Capital Management LLC now owns 1,300 shares of the industrial products company's stock worth $32,000 after buying an additional 1,158 shares during the last quarter. State of Wyoming acquired a new stake in TriMas during the fourth quarter worth $50,000. KLP Kapitalforvaltning AS acquired a new stake in TriMas during the fourth quarter worth $202,000. Apexium Financial LP purchased a new stake in TriMas in the second quarter valued at $243,000. Finally, Comerica Bank lifted its stake in shares of TriMas by 214.5% in the 1st quarter. Comerica Bank now owns 11,119 shares of the industrial products company's stock valued at $261,000 after purchasing an additional 7,584 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.
TriMas Company Profile
(
Get Free Report)
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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