Alberta Investment Management Corp Acquires Shares of 468,400 TriMas Corporation $TRS

Alberta Investment Management Corp bought a new stake in TriMas Corporation (NASDAQ:TRS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 468,400 shares of the industrial products company’s stock, valued at approximately $16,605,000.

A number of other institutional investors have also recently made changes to their positions in TRS. Los Angeles Capital Management LLC bought a new position in shares of TriMas during the 4th quarter worth $29,000. Covestor Ltd increased its holdings in TriMas by 20,525.0% in the 4th quarter. Covestor Ltd now owns 825 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 821 shares during the last quarter. Quarry LP bought a new stake in TriMas in the 3rd quarter valued at about $36,000. Ball & Co Wealth Management Inc. bought a new stake in TriMas in the 4th quarter valued at about $35,000. Finally, Aster Capital Management DIFC Ltd purchased a new stake in TriMas during the third quarter valued at about $48,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

TRS has been the subject of several recent research reports. Weiss Ratings downgraded shares of TriMas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. KeyCorp restated an “overweight” rating and set a $38.00 price target on shares of TriMas in a research note on Thursday, February 26th. Zacks Research raised shares of TriMas from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, BWS Financial reiterated a “buy” rating and issued a $45.00 price objective on shares of TriMas in a research note on Monday, March 2nd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, TriMas has a consensus rating of “Moderate Buy” and a consensus price target of $41.50.

TriMas Stock Up 2.7%

TRS stock opened at $43.77 on Friday. The stock has a 50-day simple moving average of $39.54 and a two-hundred day simple moving average of $36.95. TriMas Corporation has a twelve month low of $26.91 and a twelve month high of $44.10. The firm has a market capitalization of $1.57 billion, a PE ratio of 1.82 and a beta of 0.60. The company has a quick ratio of 4.50, a current ratio of 4.85 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 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.24). The firm had revenue of $168.28 million for the quarter, compared to analysts’ expectations of $158.24 million. TriMas had a net margin of 93.79% and a return on equity of 8.38%. TriMas’s revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 EPS. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. On average, equities analysts predict that TriMas Corporation will post 1.67 EPS for the current fiscal year.

TriMas Dividend Announcement

The company also recently declared 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. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, May 7th. TriMas’s payout ratio is 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.