TriMas (NASDAQ:TRS) Issues FY 2026 Earnings Guidance

TriMas (NASDAQ:TRS) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.500-1.70 for the period, compared to the consensus EPS estimate of 1.580. The company issued revenue guidance of $665.1 million-$684.5 million, compared to the consensus revenue estimate of $674.3 million.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. BWS Financial restated a “buy” rating and set a $45.00 target price on shares of TriMas in a report on Monday, March 2nd. KeyCorp restated an “overweight” rating and set a $38.00 target price on shares of TriMas in a report on Thursday, February 26th. Weiss Ratings downgraded shares of TriMas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. Finally, Zacks Research downgraded shares of TriMas from a “hold” rating to a “strong sell” rating in a report on Thursday, March 5th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $41.50.

TriMas Price Performance

TRS stock traded up $1.52 during trading on Friday, hitting $38.54. The stock had a trading volume of 522,919 shares, compared to its average volume of 468,940. The company’s 50 day moving average price is $36.83 and its two-hundred day moving average price is $35.56. TriMas has a 1-year low of $23.65 and a 1-year high of $42.00. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 12.98 and a beta of 0.61. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.93 and a current ratio of 2.52.

TriMas (NASDAQ:TRS) last announced its earnings results on Thursday, April 30th. The industrial products company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.24). TriMas had a net margin of 11.53% and a return on equity of 12.04%. The firm had revenue of $168.28 million during the quarter, compared to analyst estimates of $158.24 million. During the same period in the previous year, the firm posted $0.46 EPS. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. On average, sell-side analysts forecast that TriMas will post 1.59 EPS for the current fiscal year.

TriMas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Thursday, May 7th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Thursday, May 7th. This represents a $0.16 annualized dividend and a yield of 0.4%. TriMas’s payout ratio is presently 5.39%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TRS. Mariner LLC boosted its stake in shares of TriMas by 2.2% during the 3rd quarter. Mariner LLC now owns 19,536 shares of the industrial products company’s stock valued at $755,000 after buying an additional 414 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of TriMas during the 4th quarter valued at approximately $29,000. BNP Paribas Financial Markets boosted its stake in shares of TriMas by 35.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,319 shares of the industrial products company’s stock valued at $95,000 after buying an additional 868 shares during the last quarter. Quarry LP purchased a new position in shares of TriMas during the 3rd quarter valued at approximately $36,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in shares of TriMas by 3.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 31,021 shares of the industrial products company’s stock valued at $1,100,000 after buying an additional 942 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.