TriMas (NASDAQ:TRS) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of TriMas (NASDAQ:TRS) from a hold rating to a sell rating in a report issued on Saturday morning.

A number of other analysts have also recently weighed in on TRS. Zacks Research raised shares of TriMas from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. BWS Financial reissued a “buy” rating and set a $45.00 target price on shares of TriMas in a research note on Monday, August 3rd. Finally, Weiss Ratings upgraded shares of TriMas from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, TriMas has a consensus rating of “Moderate Buy” and a consensus target price of $41.50.

TriMas Trading Up 0.5%

NASDAQ:TRS opened at $39.14 on Friday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 1.63 and a beta of 0.60. The business has a 50 day simple moving average of $41.20 and a 200 day simple moving average of $38.83. The company has a debt-to-equity ratio of 0.28, a current ratio of 5.44 and a quick ratio of 5.03. TriMas has a 12-month low of $30.43 and a 12-month high of $45.42.

TriMas (NASDAQ:TRS) last issued its earnings results on Thursday, July 30th. The industrial products company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.03. TriMas had a return on equity of 6.41% and a net margin of 104.22%.The firm had revenue of $174.58 million for the quarter, compared to analyst estimates of $178.44 million. During the same period last year, the company earned $0.61 earnings per share. The firm’s revenue for the quarter was down 36.5% on a year-over-year basis. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS. Equities research analysts predict that TriMas will post 1.67 EPS for the current year.

TriMas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $0.16 annualized dividend and a yield of 0.4%. TriMas’s dividend payout ratio (DPR) is presently 0.67%.

Insider Activity 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 transaction of $675,450.00. Following the sale, the director directly owned 57,762 shares in the company, valued at approximately $2,601,022.86. The trade was a 20.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 17.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE lifted its position in TriMas by 1.7% in the first quarter. Bank of America Corp DE now owns 3,845,726 shares of the industrial products company’s stock worth $138,215,000 after purchasing an additional 62,802 shares during the period. Dimensional Fund Advisors LP boosted its stake in TriMas by 4.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,259,891 shares of the industrial products company’s stock valued at $81,220,000 after purchasing an additional 91,003 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of TriMas during the 4th quarter valued at $55,036,000. Advisory Research Inc. increased its position in shares of TriMas by 46.0% during the 4th quarter. Advisory Research Inc. now owns 1,096,013 shares of the industrial products company’s stock valued at $38,854,000 after purchasing an additional 345,425 shares during the period. Finally, Nuveen LLC raised its stake in shares of TriMas by 4.3% in the 4th quarter. Nuveen LLC now owns 844,050 shares of the industrial products company’s stock worth $29,922,000 after buying an additional 35,080 shares in 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.