TriMas’ (TRS) Buy Rating Reiterated at BWS Financial

BWS Financial reiterated their buy rating on shares of TriMas (NASDAQ:TRS) in a research note published on Monday,Benzinga reports. The firm currently has a $45.00 target price on the industrial products company’s stock.

A number of other brokerages also recently commented on TRS. Weiss Ratings upgraded TriMas from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Zacks Research upgraded TriMas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, TriMas currently has an average rating of “Moderate Buy” and a consensus price target of $41.50.

TriMas Price Performance

Shares of TRS opened at $40.91 on Monday. TriMas has a 52 week low of $30.43 and a 52 week high of $45.42. The company has a current ratio of 5.44, a quick ratio of 4.50 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 1.70 and a beta of 0.60. The stock has a 50 day moving average of $41.27 and a 200-day moving average of $38.54.

TriMas (NASDAQ:TRS) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.03. TriMas had a return on equity of 6.41% and a net margin of 104.22%.The business had revenue of $174.58 million for the quarter, compared to analyst estimates of $178.44 million. During the same period in the prior year, the company posted $0.61 EPS. The business’s revenue was down 36.5% compared to the same quarter last year. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, analysts forecast that TriMas will post 1.67 EPS for the current year.

TriMas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, August 6th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, August 6th. TriMas’s dividend payout ratio (DPR) is currently 0.67%.

Insiders Place Their Bets

In other TriMas news, Director Herbert K. Parker sold 15,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $45.03, for a total transaction of $675,450.00. Following the completion of the transaction, the director owned 57,762 shares in the company, valued at approximately $2,601,022.86. The trade was a 20.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership boosted its stake in TriMas by 56.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 357,387 shares of the industrial products company’s stock valued at $12,844,000 after purchasing an additional 128,811 shares in the last quarter. Punch & Associates Investment Management Inc. bought a new stake in shares of TriMas in the 1st quarter worth $8,795,000. Tudor Investment Corp ET AL acquired a new stake in shares of TriMas in the third quarter valued at $9,419,000. Sei Investments Co. lifted its holdings in shares of TriMas by 26.7% in the first quarter. Sei Investments Co. now owns 215,508 shares of the industrial products company’s stock valued at $7,745,000 after buying an additional 45,444 shares during the period. Finally, Kestrel Investment Management Corp bought a new position in TriMas during the first quarter valued at about $5,375,000. 99.42% of the stock is owned by institutional investors and hedge funds.

About TriMas

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.