TriMas (NASDAQ:TRS) Given Buy Rating at BWS Financial

TriMas (NASDAQ:TRSGet Free Report)‘s stock had its “buy” rating restated by analysts at BWS Financial in a note issued to investors on Monday,Benzinga reports. They presently have a $45.00 price objective on the industrial products company’s stock. BWS Financial’s target price would suggest a potential upside of 11.84% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the stock. Weiss Ratings raised shares of TriMas from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Zacks Research raised shares of TriMas from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $41.50.

Check Out Our Latest Stock Analysis on TriMas

TriMas Price Performance

TRS stock traded up $0.30 during mid-day trading on Monday, reaching $40.23. 54,471 shares of the company’s stock were exchanged, compared to its average volume of 475,887. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.85 and a quick ratio of 4.50. TriMas has a 12-month low of $30.43 and a 12-month high of $45.42. The stock’s 50 day moving average is $41.28 and its 200 day moving average is $38.42. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 1.67 and a beta of 0.60.

TriMas (NASDAQ:TRSGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. The business had revenue of $174.58 million during the quarter, compared to analysts’ expectations of $178.44 million. TriMas had a return on equity of 7.22% and a net margin of 104.22%.The business’s revenue was down 36.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.61 earnings per share. TriMas has set its FY 2026 guidance at 1.600-1.700 EPS. On average, research analysts expect that TriMas will post 1.67 EPS for the current year.

Insiders Place Their Bets

In related news, Director Herbert K. Parker sold 15,000 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $45.03, for a total transaction of $675,450.00. Following the completion of the sale, the director directly owned 57,762 shares in the company, valued at $2,601,022.86. This represents a 20.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TRS. Bank of America Corp DE increased its position in 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 purchasing an additional 62,802 shares in the last quarter. Quantinno Capital Management LP grew its stake in shares of TriMas by 10.4% during the first quarter. Quantinno Capital Management LP now owns 14,303 shares of the industrial products company’s stock worth $514,000 after buying an additional 1,345 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of TriMas by 43.5% during the first quarter. Lazard Asset Management LLC now owns 157,984 shares of the industrial products company’s stock worth $5,678,000 after buying an additional 47,885 shares in the last quarter. Punch & Associates Investment Management Inc. acquired a new position in shares of TriMas during the first quarter worth $8,795,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of TriMas during the 1st quarter valued at $7,015,000. Institutional investors own 99.42% of the company’s stock.

About TriMas

(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.

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