Kestrel Investment Management Corp Takes Position in TriMas Corporation $TRS

Kestrel Investment Management Corp bought a new position in shares of TriMas Corporation (NASDAQ:TRS) in the 1st quarter, HoldingsChannel reports. The fund bought 149,550 shares of the industrial products company’s stock, valued at approximately $5,375,000. TriMas comprises approximately 3.2% of Kestrel Investment Management Corp’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds have also added to or reduced their stakes in the stock. AdvisorNet Financial Inc purchased a new stake in TriMas in the 1st quarter valued at $28,000. Covestor Ltd increased its position 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 acquiring an additional 821 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of TriMas during the fourth quarter valued at approximately $29,000. Ball & Co Wealth Management Inc. bought a new stake in TriMas during the fourth quarter worth $35,000. Finally, Rockefeller Capital Management L.P. lifted its holdings in TriMas by 1,958.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,029 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 979 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

Insider Transactions at TriMas

In other TriMas news, Director Herbert K. Parker sold 15,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $45.03, for a total value of $675,450.00. Following the transaction, the director owned 57,762 shares in the company, valued at approximately $2,601,022.86. The trade was a 20.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.50% of the stock is currently owned by company insiders.

TriMas Stock Performance

NASDAQ TRS opened at $40.90 on Friday. The company has a 50-day simple moving average of $41.24 and a two-hundred day simple moving average of $38.07. TriMas Corporation has a 12-month low of $29.40 and a 12-month high of $45.42. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 1.70 and a beta of 0.59. The company has a quick ratio of 4.50, a current ratio of 4.85 and a debt-to-equity ratio of 0.27.

TriMas (NASDAQ:TRS) last released its 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 net margin of 93.79% and a return on equity of 8.38%. The company had revenue of $168.28 million during the quarter, compared to the consensus estimate of $158.24 million. During the same period last year, the firm posted $0.46 EPS. The company’s revenue 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, equities analysts forecast that TriMas Corporation will post 1.67 EPS for the current year.

TriMas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, May 7th. TriMas’s payout ratio is presently 0.66%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TRS. Weiss Ratings upgraded TriMas from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Zacks Research upgraded 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 assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $41.50.

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.