Zacks Research Analysts Reduce Earnings Estimates for TriMas

Key Points

• Zacks Research Analysts have lowered their Q1 2027 earnings per share estimates for TriMas Corporation from $0.57 to $0.52.
• Despite the earnings estimate revision, TriMas has a current "Strong-Buy" rating from Zacks and a consensus target price of $45.00.
• The company recently announced a quarterly dividend of $0.04 per share, reflecting an annualized yield of 0.4%.

TriMas Corporation (NASDAQ:TRS - Free Report) - Investment analysts at Zacks Research lowered their Q1 2027 earnings per share (EPS) estimates for TriMas in a note issued to investors on Thursday, September 4th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.52 for the quarter, down from their prior estimate of $0.57. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for TriMas' current full-year earnings is $1.69 per share.

A number of other research firms have also commented on TRS. Wall Street Zen raised TriMas from a "hold" rating to a "buy" rating in a research note on Sunday, June 1st. KeyCorp set a $45.00 price objective on TriMas and gave the stock an "overweight" rating in a research note on Tuesday, August 12th. Finally, BWS Financial reaffirmed a "buy" rating and issued a $45.00 price objective (up from $40.00) on shares of TriMas in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $45.00.

TriMas Stock Performance

Shares of TRS stock opened at $38.73 on Monday. The business's 50-day moving average price is $34.14 and its 200-day moving average price is $27.57. TriMas has a 12 month low of $19.33 and a 12 month high of $39.71. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 42.56 and a beta of 0.65. The company has a current ratio of 2.59, a quick ratio of 1.44 and a debt-to-equity ratio of 0.59.

TriMas (NASDAQ:TRS - Get Free Report) last announced its quarterly 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. TriMas had a return on equity of 11.49% and a net margin of 3.83%.The firm had revenue of $274.76 million for the quarter, compared to analyst estimates of $251.18 million. During the same period last year, the firm posted $0.43 earnings per share. The business's revenue for the quarter was up 14.2% on a year-over-year basis. TriMas has set its FY 2025 guidance at 1.950-2.100 EPS.

TriMas Announces Dividend

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

Institutional Investors Weigh In On TriMas

Hedge funds have recently added to or reduced their stakes in the business. Deutsche Bank AG increased its holdings in TriMas by 45.6% in the fourth quarter. Deutsche Bank AG now owns 36,305 shares of the industrial products company's stock worth $893,000 after purchasing an additional 11,363 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of TriMas by 3,802.9% during the first quarter. GAMMA Investing LLC now owns 14,948 shares of the industrial products company's stock valued at $350,000 after acquiring an additional 14,565 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of TriMas by 3.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,106 shares of the industrial products company's stock valued at $568,000 after acquiring an additional 834 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of TriMas by 44.5% during the first quarter. Envestnet Asset Management Inc. now owns 22,765 shares of the industrial products company's stock valued at $533,000 after acquiring an additional 7,016 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of TriMas by 9.1% during the first quarter. American Century Companies Inc. now owns 86,017 shares of the industrial products company's stock valued at $2,015,000 after acquiring an additional 7,141 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors.

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.

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