UBS Group AG Sells 216,442 Shares of TriMas Corporation $TRS

UBS Group AG lessened its position in TriMas Corporation (NASDAQ:TRS) by 75.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,024 shares of the industrial products company’s stock after selling 216,442 shares during the quarter. UBS Group AG’s holdings in TriMas were worth $2,553,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TRS. Capital International Investors bought a new stake in shares of TriMas in the 3rd quarter worth about $111,673,000. Blue Grotto Capital LLC bought a new stake in shares of TriMas in the 3rd quarter worth about $11,925,000. Alpha Wave Global LP lifted its holdings in shares of TriMas by 363.7% in the 3rd quarter. Alpha Wave Global LP now owns 342,342 shares of the industrial products company’s stock worth $13,228,000 after acquiring an additional 268,510 shares during the last quarter. Two Sigma Investments LP lifted its holdings in shares of TriMas by 151.3% in the 3rd quarter. Two Sigma Investments LP now owns 427,032 shares of the industrial products company’s stock worth $16,501,000 after acquiring an additional 257,131 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new stake in shares of TriMas in the 3rd quarter worth about $9,419,000. Institutional investors own 99.42% of the company’s stock.

TriMas Trading Up 2.5%

TRS stock opened at $41.13 on Wednesday. The company has a market capitalization of $1.47 billion, a PE ratio of 1.71 and a beta of 0.58. TriMas Corporation has a 12 month low of $25.58 and a 12 month high of $43.72. The firm’s 50-day moving average is $37.74 and its 200 day moving average is $35.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.85 and a quick ratio of 4.50.

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

TriMas Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts recently commented on TRS shares. BWS Financial reaffirmed a “buy” rating and issued a $45.00 price target on shares of TriMas in a research note on Monday, March 2nd. KeyCorp reaffirmed an “overweight” rating and issued 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 “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. 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 analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $41.50.

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.