Zacks Research Has Bullish Estimate for TriMas Q2 Earnings

Key Points

• Zacks Research raised its Q2 2026 earnings estimate for TriMas Corporation from $0.51 to $0.60 per share, while the consensus estimate for the full year is $1.69 per share.
• TriMas reported a 14.2% year-over-year increase in revenue for the last quarter, totaling $274.76 million, and exceeded analysts' estimates of $251.18 million.
• The company recently declared a quarterly dividend of $0.04 per share, representing an annualized dividend of $0.16 and a yield of 0.4%.

TriMas Corporation (NASDAQ:TRS - Free Report) - Equities researchers at Zacks Research boosted their Q2 2026 earnings estimates for TriMas in a research report issued to clients and investors on Tuesday, August 12th. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $0.60 per share for the quarter, up from their previous estimate of $0.51. The consensus estimate for TriMas' current full-year earnings is $1.69 per share. Zacks Research also issued estimates for TriMas' Q3 2026 earnings at $0.55 EPS, FY2026 earnings at $2.00 EPS, Q1 2027 earnings at $0.49 EPS and Q2 2027 earnings at $0.56 EPS.

Other equities research analysts have also issued reports about the company. KeyCorp set a $45.00 target price on TriMas and gave the stock an "overweight" rating in a report on Tuesday. Wall Street Zen upgraded TriMas from a "hold" rating to a "buy" rating in a report on Sunday, June 1st. Finally, BWS Financial restated a "buy" rating and issued a $45.00 target price (up from $40.00) on shares of TriMas in a report on Wednesday, July 30th.

TriMas Stock Down 1.2%

NASDAQ:TRS traded down $0.47 on Thursday, hitting $37.01. 33,407 shares of the company's stock traded hands, compared to its average volume of 417,210. The company has a market cap of $1.50 billion, a PE ratio of 40.56 and a beta of 0.66. 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 has a 1 year low of $19.33 and a 1 year high of $37.49. The firm has a 50-day moving average price of $30.44 and a 200-day moving average price of $25.89.

TriMas (NASDAQ:TRS - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.61 earnings per share for the quarter, topping 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 analysts' expectations of $251.18 million. During the same quarter last year, the business posted $0.43 EPS. TriMas's revenue was up 14.2% on a year-over-year basis.

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 issued a dividend of $0.04 per share. The ex-dividend date was Tuesday, August 5th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. TriMas's payout ratio is 17.58%.

Insider Buying and Selling

In other TriMas news, Director Shawn Sedaghat purchased 410,172 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was bought at an average cost of $25.43 per share, for a total transaction of $10,430,673.96. Following the completion of the acquisition, the director directly owned 1,810,821 shares in the company, valued at $46,049,178.03. This represents a 29.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Adrianne Shapira purchased 4,000 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were acquired at an average price of $25.82 per share, with a total value of $103,280.00. Following the completion of the acquisition, the director owned 8,476 shares of the company's stock, valued at approximately $218,850.32. The trade was a 89.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 848,232 shares of company stock valued at $21,644,995. Corporate insiders own 14.20% of the company's stock.

Institutional Trading of TriMas

A number of institutional investors and hedge funds have recently modified their holdings of TRS. Wells Fargo & Company MN increased its position in shares of TriMas by 21.1% during the fourth quarter. Wells Fargo & Company MN now owns 37,729 shares of the industrial products company's stock valued at $928,000 after purchasing an additional 6,573 shares during the period. Raymond James Financial Inc. bought a new stake in TriMas in the fourth quarter valued at $6,698,000. Sterling Capital Management LLC grew its position in TriMas by 815.5% in the fourth quarter. Sterling Capital Management LLC now owns 1,300 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 1,158 shares during the period. Barclays PLC grew its position in TriMas by 51.4% in the fourth quarter. Barclays PLC now owns 104,163 shares of the industrial products company's stock valued at $2,560,000 after acquiring an additional 35,371 shares during the period. Finally, Advisory Research Inc. grew its position in TriMas by 41.2% in the fourth quarter. Advisory Research Inc. now owns 754,089 shares of the industrial products company's stock valued at $18,543,000 after acquiring an additional 220,000 shares during the period. 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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