Alta Fox Capital Management LLC Increases Stock Holdings in TriMas Corporation $TRS

Alta Fox Capital Management LLC boosted its position in TriMas Corporation (NASDAQ:TRS) by 67.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 563,375 shares of the industrial products company’s stock after acquiring an additional 227,231 shares during the period. TriMas accounts for approximately 4.3% of Alta Fox Capital Management LLC’s portfolio, making the stock its 7th largest holding. Alta Fox Capital Management LLC owned approximately 1.39% of TriMas worth $19,972,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mariner LLC raised its stake in TriMas by 2.2% in the 3rd quarter. Mariner LLC now owns 19,536 shares of the industrial products company’s stock valued at $755,000 after acquiring an additional 414 shares during the period. Ellevest Inc. raised its stake in TriMas by 11.6% in the 4th quarter. Ellevest Inc. now owns 6,418 shares of the industrial products company’s stock valued at $228,000 after acquiring an additional 669 shares during the period. Los Angeles Capital Management LLC bought a new stake in TriMas in the 4th quarter valued at about $29,000. Covestor Ltd increased its position in shares of TriMas by 20,525.0% during the fourth quarter. Covestor Ltd now owns 825 shares of the industrial products company’s stock valued at $29,000 after buying an additional 821 shares during the period. Finally, BNP Paribas Financial Markets increased its position in shares of TriMas by 35.4% during the second quarter. BNP Paribas Financial Markets now owns 3,319 shares of the industrial products company’s stock valued at $95,000 after buying an additional 868 shares during the period. 99.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. KeyCorp reiterated an “overweight” rating and set a $38.00 price target on shares of TriMas in a research report on Thursday, February 26th. Weiss Ratings cut TriMas from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. BWS Financial reiterated a “buy” rating and set a $45.00 price target on shares of TriMas in a research report on Monday, March 2nd. Finally, Zacks Research upgraded TriMas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $41.50.

TriMas Stock Up 0.7%

TRS stock opened at $41.32 on Friday. The company has a current ratio of 4.85, a quick ratio of 4.50 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average is $38.99 and its 200 day moving average is $36.67. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 1.72 and a beta of 0.60. TriMas Corporation has a 1-year low of $26.16 and a 1-year high of $43.72.

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

TriMas Announces Dividend

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

TriMas 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.