Barington Companies Management LLC Sells 143,900 Shares of TriMas Corporation $TRS

Barington Companies Management LLC decreased its holdings in shares of TriMas Corporation (NASDAQ:TRS) by 52.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 131,100 shares of the industrial products company’s stock after selling 143,900 shares during the quarter. TriMas comprises about 3.0% of Barington Companies Management LLC’s investment portfolio, making the stock its 9th biggest position. Barington Companies Management LLC owned about 0.32% of TriMas worth $4,647,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Covestor Ltd boosted its holdings in TriMas by 20,525.0% in the fourth quarter. Covestor Ltd now owns 825 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 821 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in TriMas in the fourth quarter valued at $29,000. Ball & Co Wealth Management Inc. acquired a new position in TriMas in the fourth quarter valued at $35,000. Quarry LP acquired a new position in TriMas in the third quarter valued at $36,000. Finally, Aster Capital Management DIFC Ltd acquired a new position in TriMas in the third quarter valued at $48,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on TRS shares. BWS Financial reissued a “buy” rating and issued a $45.00 price objective on shares of TriMas in a research report on Monday, March 2nd. Weiss Ratings cut TriMas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Zacks Research upgraded TriMas from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, KeyCorp restated an “overweight” rating and set a $38.00 price objective on shares of TriMas in a research note on Thursday, February 26th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.50.

TriMas Stock Up 0.7%

NASDAQ:TRS opened at $41.32 on Friday. The firm has a market capitalization of $1.48 billion, a PE ratio of 1.72 and a beta of 0.60. The stock has a 50 day moving average of $38.99 and a 200-day moving average of $36.67. TriMas Corporation has a 52 week low of $26.16 and a 52 week high of $43.72. The company has a current ratio of 4.85, a quick ratio of 4.50 and a debt-to-equity ratio of 0.27.

TriMas (NASDAQ:TRS) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.24). The business had revenue of $168.28 million for the quarter, compared to analyst estimates of $158.24 million. TriMas had a return on equity of 8.38% and a net margin of 93.79%.The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.46 earnings per share. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. Analysts predict that TriMas Corporation will post 1.67 EPS for the current year.

TriMas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were given a dividend of $0.04 per share. The ex-dividend date was Thursday, May 7th. This represents a $0.16 annualized dividend and a dividend yield of 0.4%. TriMas’s payout ratio is currently 0.66%.

TriMas Company Profile

TriMas Corporation is a diversified industrial company headquartered in Bloomfield Hills, Michigan. Established in 1980, TriMas has built a global reputation for designing and manufacturing specialized products that serve a wide array of end markets. The company operates through multiple segments, each focused on high-demand niches where engineered solutions and rigorous quality standards are essential.

The Packaging segment supplies closures, dispensing systems and related components for the personal care, household chemicals, food and beverage, and pharmaceutical markets.