TriMas (NASDAQ:TRS) Raised to “Hold” at Wall Street Zen

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

A number of other research analysts also recently commented on TRS. Weiss Ratings downgraded shares of TriMas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 18th. Zacks Research raised shares of TriMas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. Finally, BWS Financial restated a “buy” rating and issued a $45.00 target price on shares of TriMas in a research note on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $41.50.

TriMas Stock Performance

Shares of TRS opened at $39.53 on Friday. The business’s 50 day moving average is $40.73 and its two-hundred day moving average is $39.10. TriMas has a 52-week low of $30.43 and a 52-week high of $45.42. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 1.65 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 (NASDAQ:TRS) last released its earnings results on Thursday, July 30th. The industrial products company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. The company had revenue of $174.58 million during the quarter, compared to analysts’ expectations of $178.44 million. TriMas had a return on equity of 6.41% and a net margin of 104.22%.The business’s revenue was down 36.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.61 EPS. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS. Analysts forecast 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 company’s stock in a transaction that occurred 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 sale, the director directly owned 57,762 shares of the company’s stock, valued at approximately $2,601,022.86. This represents a 20.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 17.50% of the company’s stock.

Hedge Funds Weigh In On TriMas

A number of hedge funds have recently added to or reduced their stakes in the business. AdvisorNet Financial Inc acquired a new stake in shares of TriMas during the first quarter worth $28,000. Covestor Ltd boosted its holdings in shares of TriMas by 20,525.0% in the 4th 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. Los Angeles Capital Management LLC acquired a new position in shares of TriMas in the 4th quarter valued at about $29,000. Public Employees Retirement System of Ohio bought a new stake in shares of TriMas during the 2nd quarter valued at about $34,000. Finally, Rockefeller Capital Management L.P. grew its position in shares of TriMas by 1,958.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,029 shares of the industrial products company’s stock valued at $36,000 after buying an additional 979 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

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.