Zacks Research Comments on TriMas' Q3 Earnings (NASDAQ:TRS)

TriMas Corporation (NASDAQ:TRS - Free Report) - Analysts at Zacks Research decreased their Q3 2026 earnings estimates for TriMas in a report issued on Wednesday, June 25th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings per share of $0.53 for the quarter, down from their prior estimate of $0.58. The consensus estimate for TriMas' current full-year earnings is $1.69 per share. Zacks Research also issued estimates for TriMas' Q4 2026 earnings at $0.41 EPS, FY2026 earnings at $1.92 EPS, Q1 2027 earnings at $0.48 EPS and FY2027 earnings at $1.96 EPS.

TriMas (NASDAQ:TRS - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. The company had revenue of $241.67 million during the quarter, compared to analyst estimates of $235.41 million. TriMas had a net margin of 3.36% and a return on equity of 10.54%. TriMas's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.37 EPS.

Other research analysts also recently issued reports about the stock. Wall Street Zen raised shares of TriMas from a "hold" rating to a "buy" rating in a report on Sunday, June 1st. BWS Financial reaffirmed a "buy" rating and set a $40.00 target price on shares of TriMas in a report on Wednesday, April 30th.

TriMas Stock Up 2.3%

TRS stock opened at $28.24 on Friday. TriMas has a fifty-two week low of $19.33 and a fifty-two week high of $28.51. The stock has a fifty day moving average of $25.21 and a 200-day moving average of $24.12. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 36.68 and a beta of 0.61. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.49 and a current ratio of 2.82.

TriMas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Tuesday, May 6th were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, May 6th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.57%. TriMas's dividend payout ratio (DPR) is presently 20.78%.

Insider Transactions at TriMas

In other TriMas news, Director Adrianne Shapira purchased 1,200 shares of TriMas stock in a transaction on Wednesday, June 4th. The shares were acquired at an average cost of $26.31 per share, for a total transaction of $31,572.00. Following the completion of the transaction, the director now directly owns 4,476 shares of the company's stock, valued at approximately $117,763.56. The trade was a 36.63% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Shawn Sedaghat purchased 254,400 shares of the stock in a transaction on Monday, May 19th. The stock was acquired at an average cost of $25.39 per share, with a total value of $6,459,216.00. Following the completion of the purchase, the director now directly owns 1,295,692 shares of the company's stock, valued at $32,897,619.88. The trade was a 24.43% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 971,649 shares of company stock valued at $24,585,343. 14.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On TriMas

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sterling Capital Management LLC raised its holdings in TriMas by 815.5% during the 4th quarter. Sterling Capital Management LLC now owns 1,300 shares of the industrial products company's stock valued at $32,000 after buying an additional 1,158 shares during the last quarter. State of Wyoming bought a new position in shares of TriMas during the fourth quarter valued at about $50,000. KLP Kapitalforvaltning AS bought a new position in shares of TriMas during the fourth quarter valued at about $202,000. Comerica Bank boosted its holdings in shares of TriMas by 214.5% during the first quarter. Comerica Bank now owns 11,119 shares of the industrial products company's stock worth $261,000 after purchasing an additional 7,584 shares during the period. Finally, ProShare Advisors LLC bought a new stake in shares of TriMas in the fourth quarter worth about $281,000. Institutional investors own 99.42% of the company's stock.

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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