Zacks Research Weighs in on TriMas’ Q3 Earnings (NASDAQ:TRS)

TriMas Corporation (NASDAQ:TRSFree Report) – Investment analysts at Zacks Research decreased their Q3 2027 earnings per share estimates for shares of TriMas in a research report issued on Friday, June 19th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $0.64 for the quarter, down from their previous forecast of $0.66. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for TriMas’ current full-year earnings is $1.67 per share.

TriMas (NASDAQ:TRSGet Free Report) 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). TriMas had a return on equity of 8.38% and a net margin of 93.79%.The firm had revenue of $168.28 million for the quarter, compared to analyst estimates of $158.24 million. During the same period last year, the company posted $0.46 earnings per share. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS.

A number of other equities analysts have also weighed in on TRS. KeyCorp reaffirmed an “overweight” rating and set a $38.00 target price on shares of TriMas in a research report on Thursday, February 26th. BWS Financial reissued a “buy” rating and issued a $45.00 price target on shares of TriMas in a research report on Monday, March 2nd. Finally, Weiss Ratings lowered shares of TriMas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, TriMas has an average rating of “Moderate Buy” and a consensus target price of $41.50.

Check Out Our Latest Analysis on TriMas

TriMas Trading Down 2.8%

Shares of TriMas stock opened at $43.10 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 4.50 and a current ratio of 4.85. TriMas has a 52 week low of $27.53 and a 52 week high of $44.87. The stock has a 50 day moving average price of $39.86 and a two-hundred day moving average price of $37.15. The stock has a market capitalization of $1.54 billion, a PE ratio of 1.79 and a beta of 0.60.

Institutional Trading of TriMas

Several institutional investors and hedge funds have recently modified their holdings of the stock. AdvisorNet Financial Inc purchased a new position in shares of TriMas during the first quarter valued at approximately $28,000. Covestor Ltd raised its position in 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 last quarter. Los Angeles Capital Management LLC purchased a new stake in TriMas in the 4th quarter valued at $29,000. Ball & Co Wealth Management Inc. bought a new position in TriMas during the 4th quarter valued at $35,000. Finally, Rockefeller Capital Management L.P. lifted its stake in 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 acquiring an additional 979 shares in the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

TriMas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Shareholders 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 yield of 0.4%. TriMas’s payout ratio is 0.66%.

TriMas Company Profile

(Get Free Report)

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.

Featured Stories

Earnings History and Estimates for TriMas (NASDAQ:TRS)

Receive News & Ratings for TriMas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriMas and related companies with MarketBeat.com's FREE daily email newsletter.