Jefferies Financial Group Inc. Acquires New Position in TriMas Corporation $TRS

Jefferies Financial Group Inc. acquired a new stake in shares of TriMas Corporation (NASDAQ:TRS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,552,499 shares of the industrial products company’s stock, valued at approximately $55,036,000.

Several other institutional investors and hedge funds have also modified their holdings of TRS. Covestor Ltd lifted its stake 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. Ball & Co Wealth Management Inc. purchased a new position in shares of TriMas during the fourth quarter valued at approximately $35,000. Quarry LP purchased a new position in shares of TriMas during the third quarter valued at approximately $36,000. Aster Capital Management DIFC Ltd purchased a new position in shares of TriMas during the third quarter valued at approximately $48,000. Finally, State of Alaska Department of Revenue purchased a new position in shares of TriMas during the third quarter valued at approximately $65,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

TriMas Stock Performance

NASDAQ:TRS opened at $40.12 on Friday. The company has a quick ratio of 4.50, a current ratio of 4.85 and a debt-to-equity ratio of 0.27. The company has a market cap of $1.44 billion, a P/E ratio of 1.67 and a beta of 0.58. TriMas Corporation has a fifty-two week low of $25.35 and a fifty-two week high of $43.72. The firm’s 50 day moving average is $37.52 and its two-hundred day moving average is $35.81.

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

TriMas Dividend Announcement

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

Wall Street Analysts Forecast Growth

TRS has been the topic of a number of recent analyst reports. BWS Financial reaffirmed a “buy” rating and set a $45.00 price target on shares of TriMas in a research note on Monday, March 2nd. KeyCorp reaffirmed an “overweight” rating and set a $38.00 price target on shares of TriMas in a research note on Thursday, February 26th. Weiss Ratings raised shares of TriMas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Finally, Zacks Research raised shares of TriMas from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, TriMas presently has a consensus rating of “Moderate Buy” and an average price target of $41.50.

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.