
TriMas Corporation (NASDAQ:TRS – Free Report) – Stock analysts at Zacks Research decreased their Q2 2027 EPS estimates for TriMas in a research report issued to clients and investors on Wednesday, July 22nd. Zacks Research analyst Team now anticipates that the industrial products company will earn $0.58 per share for the quarter, down from their previous forecast of $0.62. Zacks Research has a “Hold” rating on the stock. The consensus estimate for TriMas’ current full-year earnings is $1.67 per share. Zacks Research also issued estimates for TriMas’ Q4 2027 earnings at $0.50 EPS and Q2 2028 earnings at $0.57 EPS.
TriMas (NASDAQ:TRS – Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $168.28 million during the quarter, compared to analyst estimates of $158.24 million. During the same quarter in the previous year, the business earned $0.46 EPS. TriMas’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.
Check Out Our Latest Analysis on TRS
TriMas Stock Performance
Shares of TRS stock opened at $40.22 on Friday. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 1.67 and a beta of 0.59. The stock has a 50 day simple moving average of $41.16 and a 200-day simple moving average of $38.23. TriMas has a 12-month low of $30.43 and a 12-month high of $45.42. The company has a current ratio of 4.85, a quick ratio of 4.50 and a debt-to-equity ratio of 0.27.
TriMas Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, August 6th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. TriMas’s payout ratio is currently 0.66%.
Insider Buying and Selling
In other TriMas news, Director Herbert K. Parker sold 15,000 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $45.03, for a total transaction of $675,450.00. Following the transaction, the director directly owned 57,762 shares in the company, valued at approximately $2,601,022.86. This represents a 20.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 17.50% of the company’s stock.
Institutional Investors Weigh In On TriMas
A number of hedge funds and other institutional investors have recently modified their holdings of TRS. Bank of America Corp DE boosted its stake in shares of TriMas by 1.7% during the 1st quarter. Bank of America Corp DE now owns 3,845,726 shares of the industrial products company’s stock worth $138,215,000 after acquiring an additional 62,802 shares in the last quarter. Quantinno Capital Management LP increased its stake in TriMas by 10.4% in the 1st quarter. Quantinno Capital Management LP now owns 14,303 shares of the industrial products company’s stock valued at $514,000 after purchasing an additional 1,345 shares in the last quarter. Lazard Asset Management LLC increased its stake in TriMas by 43.5% in the 1st quarter. Lazard Asset Management LLC now owns 157,984 shares of the industrial products company’s stock valued at $5,678,000 after purchasing an additional 47,885 shares in the last quarter. Punch & Associates Investment Management Inc. purchased a new position in TriMas in the 1st quarter valued at approximately $8,795,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in TriMas during the first quarter worth $7,015,000. 99.42% of the stock is currently owned by institutional investors and hedge funds.
Key TriMas News
Here are the key news stories impacting TriMas this week:
- Positive Sentiment: Zacks Research raised its Q1 2027 EPS estimate to $0.51 from $0.40, suggesting improved near-term earnings expectations for TriMas. TriMas (TRS) to Release Quarterly Earnings on Thursday
- Positive Sentiment: TriMas announced a quarterly dividend of $0.04 per share, which may support investor interest, though the yield is modest at about 0.4%. Quarterly dividend announcement
- Neutral Sentiment: TriMas is expected to report quarterly earnings on Thursday, which keeps attention on results and guidance ahead of the release.
- Neutral Sentiment: Zacks also left its overall rating unchanged at “Hold,” indicating the firm sees limited conviction despite some estimate increases.
- Negative Sentiment: Zacks Research trimmed several forward EPS estimates, including Q2 2027 to $0.58 from $0.62, Q3 2027 to $0.59 from $0.64, Q4 2027 to $0.50 from $0.52, and Q2 2028 to $0.57 from $0.59, which may weigh on sentiment.
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.
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