TriMas Co. (NASDAQ:TRS – Free Report) – Equities researchers at BWS Financial lowered their Q4 2025 earnings estimates for shares of TriMas in a report issued on Wednesday, April 30th. BWS Financial analyst H. Khorsand now anticipates that the industrial products company will post earnings per share of $0.33 for the quarter, down from their previous estimate of $0.34. BWS Financial has a “Buy” rating and a $40.00 price target on the stock. The consensus estimate for TriMas’ current full-year earnings is $1.69 per share.
TriMas (NASDAQ:TRS – Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03. The business had revenue of $241.67 million during the quarter, compared to analyst estimates of $235.41 million. TriMas had a return on equity of 9.21% and a net margin of 2.93%. TriMas’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.37 earnings per share.
TriMas Price Performance
TriMas Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Tuesday, May 6th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Tuesday, May 6th. This represents a $0.16 annualized dividend and a yield of 0.65%. TriMas’s payout ratio is 20.78%.
Insider Transactions at TriMas
In related news, Director Jeffrey A. Fielkow acquired 2,500 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was acquired at an average cost of $20.78 per share, for a total transaction of $51,950.00. Following the acquisition, the director now owns 11,013 shares of the company’s stock, valued at $228,850.14. This trade represents a 29.37 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Scott A. Mell sold 2,218 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $22.54, for a total value of $49,993.72. Following the transaction, the chief financial officer now owns 26,288 shares in the company, valued at $592,531.52. This trade represents a 7.78 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 929,634 shares of company stock worth $22,278,549. Company insiders own 14.20% of the company’s stock.
Hedge Funds Weigh In On TriMas
Several institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC raised its holdings in TriMas by 341.3% in the 3rd quarter. Barclays PLC now owns 68,792 shares of the industrial products company’s stock worth $1,755,000 after acquiring an additional 53,203 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of TriMas by 3.3% in the third quarter. JPMorgan Chase & Co. now owns 38,461 shares of the industrial products company’s stock worth $982,000 after acquiring an additional 1,227 shares during the period. Charles Schwab Investment Management Inc. lifted its position in TriMas by 3.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 605,502 shares of the industrial products company’s stock valued at $14,889,000 after purchasing an additional 22,656 shares during the period. Bank of New York Mellon Corp lifted its position in TriMas by 4.7% during the fourth quarter. Bank of New York Mellon Corp now owns 246,097 shares of the industrial products company’s stock valued at $6,052,000 after purchasing an additional 11,125 shares during the period. Finally, First Eagle Investment Management LLC grew its position in TriMas by 1.8% in the 4th quarter. First Eagle Investment Management LLC now owns 257,506 shares of the industrial products company’s stock worth $6,332,000 after purchasing an additional 4,500 shares during the period. 99.42% of the stock is currently owned by institutional investors.
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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