TriMas (NASDAQ:TRS) Rating Lowered to Sell at Wall Street Zen

TriMas (NASDAQ:TRS) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Other equities analysts also recently issued research reports about the company. BWS Financial reiterated a “buy” rating and set a $45.00 price objective on shares of TriMas in a research report on Monday, August 3rd. Zacks Research upgraded TriMas from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings raised TriMas from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $41.50.

TriMas Price Performance

TriMas stock opened at $38.94 on Friday. The company has a fifty day simple moving average of $41.22 and a 200-day simple moving average of $38.80. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 1.62 and a beta of 0.60. The company has a quick ratio of 5.03, a current ratio of 5.44 and a debt-to-equity ratio of 0.28. TriMas has a 52-week low of $30.43 and a 52-week high of $45.42.

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

Insider Buying and Selling at TriMas

In related news, Director Herbert K. Parker sold 15,000 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 57,762 shares of the company’s stock, valued at approximately $2,601,022.86. This trade represents a 20.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 17.50% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Ancora Advisors LLC purchased a new position in TriMas during the second quarter worth about $2,041,000. Bank of New York Mellon Corp acquired a new stake in shares of TriMas during the second quarter valued at about $16,478,000. Next Capital Management LLC purchased a new stake in shares of TriMas in the 2nd quarter valued at approximately $518,000. Bank of America Corp DE raised its stake in shares of TriMas by 1.7% in the 1st quarter. Bank of America Corp DE now owns 3,845,726 shares of the industrial products company’s stock valued at $138,215,000 after acquiring an additional 62,802 shares during the period. Finally, Quantinno Capital Management LP lifted its holdings in shares of TriMas by 10.4% in the 1st quarter. Quantinno Capital Management LP now owns 14,303 shares of the industrial products company’s stock worth $514,000 after acquiring an additional 1,345 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

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.