TriMas Corporation (NASDAQ:TRS – Free Report) – Investment analysts at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for TriMas in a report issued on Wednesday, June 25th. Zacks Research analyst M. Das now anticipates that the industrial products company will earn $0.53 per share for the quarter, down from their prior forecast 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.
TRS has been the topic of several other research reports. Wall Street Zen upgraded TriMas from a “hold” rating to a “buy” rating in a research report on Sunday, June 1st. BWS Financial restated a “buy” rating and issued a $40.00 price objective on shares of TriMas in a research report on Wednesday, April 30th.
TriMas Trading Up 0.5%
TriMas stock opened at $28.38 on Friday. The company has a current ratio of 2.82, a quick ratio of 1.49 and a debt-to-equity ratio of 0.63. TriMas has a 12 month low of $19.33 and a 12 month high of $28.77. The stock’s 50 day simple moving average is $25.36 and its two-hundred day simple moving average is $24.12. The firm has a market cap of $1.15 billion, a PE ratio of 36.86 and a beta of 0.61.
TriMas (NASDAQ:TRS – Get Free Report) last issued its earnings results on Tuesday, April 29th. The industrial products company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. TriMas had a return on equity of 10.54% and a net margin of 3.36%. The firm had revenue of $241.67 million for the quarter, compared to analyst estimates of $235.41 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share. TriMas’s revenue for the quarter was up 6.4% on a year-over-year basis.
TriMas Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Tuesday, May 6th were given a $0.04 dividend. The ex-dividend date of this dividend was Tuesday, May 6th. This represents a $0.16 annualized dividend and a yield of 0.56%. TriMas’s dividend payout ratio is presently 20.78%.
Insiders Place Their Bets
In other TriMas news, Director Adrianne Shapira bought 4,000 shares of the firm’s stock in a transaction dated Thursday, June 5th. The shares were purchased at an average price of $25.82 per share, for a total transaction of $103,280.00. Following the transaction, the director now directly owns 8,476 shares of the company’s stock, valued at approximately $218,850.32. This represents a 89.37% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Shawn Sedaghat bought 410,172 shares of the firm’s stock in a transaction dated Wednesday, May 21st. The shares were acquired at an average price of $25.43 per share, for a total transaction of $10,430,673.96. Following the transaction, the director now directly owns 1,810,821 shares in the company, valued at approximately $46,049,178.03. This represents a 29.28% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 971,649 shares of company stock worth $24,585,343. Corporate insiders own 14.20% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Sterling Capital Management LLC lifted its position 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 valued at $32,000 after buying an additional 1,158 shares in the last quarter. State of Wyoming acquired a new position in TriMas in the 4th quarter valued at $50,000. KLP Kapitalforvaltning AS acquired a new position in TriMas in the 4th quarter valued at $202,000. Comerica Bank raised its stake in 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. Finally, ProShare Advisors LLC acquired a new position in TriMas in the 4th quarter valued at $281,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.
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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