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

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

TriMas Stock Up 4.1%

NASDAQ:TRS traded up $1.51 during mid-day trading on Friday, reaching $38.53. The company’s stock had a trading volume of 764,238 shares, compared to its average volume of 412,833. TriMas has a 1 year low of $23.65 and a 1 year high of $42.00. The stock has a fifty day moving average of $36.83 and a 200-day moving average of $35.56. The firm has a market capitalization of $1.41 billion, a PE ratio of 12.97 and a beta of 0.61. The company has a quick ratio of 1.93, a current ratio of 2.52 and a debt-to-equity ratio of 0.66.

TriMas (NASDAQ:TRS) last released its quarterly earnings data 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 return on equity of 10.54% and a net margin of 93.79%.The business had revenue of $168.28 million during the quarter, compared to analysts’ expectations of $158.24 million. During the same period last year, the company earned $0.46 earnings per share. The firm’s revenue was up 10.3% compared to the same quarter last year. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. Equities research analysts forecast that TriMas will post 1.59 earnings per share for the current year.

TriMas Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 0.4%. TriMas’s dividend payout ratio is 5.39%.

Institutional Trading of TriMas

Several hedge funds have recently modified their holdings of the company. Invesco Ltd. lifted its position in shares of TriMas by 2.5% during the fourth quarter. Invesco Ltd. now owns 76,578 shares of the industrial products company’s stock valued at $2,715,000 after buying an additional 1,854 shares during the last quarter. Beartown Capital Management LLC purchased a new stake in shares of TriMas during the fourth quarter valued at about $354,000. XTX Topco Ltd lifted its position in shares of TriMas by 308.7% during the fourth quarter. XTX Topco Ltd now owns 82,214 shares of the industrial products company’s stock valued at $2,914,000 after buying an additional 62,100 shares during the last quarter. Voloridge Investment Management LLC lifted its position in shares of TriMas by 11.3% during the fourth quarter. Voloridge Investment Management LLC now owns 74,590 shares of the industrial products company’s stock valued at $2,644,000 after buying an additional 7,600 shares during the last quarter. Finally, Twinbeech Capital LP purchased a new stake in shares of TriMas during the fourth quarter valued at about $1,267,000. 99.42% of the stock is owned by hedge funds and other institutional investors.

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.