TriMas (NASDAQ:TRS) Sets New 1-Year High – Should You Buy?

TriMas Corporation (NASDAQ:TRS) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $43.76 and last traded at $43.7940, with a volume of 328566 shares trading hands. The stock had previously closed at $42.62.

Analyst Ratings Changes

TRS has been the subject of several research reports. Weiss Ratings cut TriMas from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. BWS Financial reissued a “buy” rating and issued a $45.00 price target on shares of TriMas in a report on Monday, March 2nd. KeyCorp restated an “overweight” rating and issued a $38.00 price objective on shares of TriMas in a research note on Thursday, February 26th. Finally, Zacks Research raised shares of TriMas from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, TriMas has an average rating of “Moderate Buy” and a consensus target price of $41.50.

TriMas Stock Performance

The company has a market capitalization of $1.57 billion, a P/E ratio of 1.82 and a beta of 0.60. The firm has a 50 day moving average price of $39.65 and a two-hundred day moving average price of $36.99. The company has a debt-to-equity ratio of 0.27, a quick ratio of 4.50 and a current ratio of 4.85.

TriMas (NASDAQ:TRS) last posted its earnings results on Thursday, April 30th. The industrial products company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.24). The company had revenue of $168.28 million for the quarter, compared to the consensus estimate of $158.24 million. TriMas had a return on equity of 8.38% and a net margin of 93.79%.TriMas’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.46 EPS. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. On average, research analysts expect that TriMas Corporation will post 1.67 earnings per share for the current fiscal year.

TriMas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.4%. The ex-dividend date was Thursday, May 7th. TriMas’s dividend payout ratio is currently 0.66%.

Institutional Investors Weigh In On TriMas

Institutional investors and hedge funds have recently made changes to their positions in the company. AdvisorNet Financial Inc bought a new stake in shares of TriMas in the 1st quarter worth about $28,000. Los Angeles Capital Management LLC bought a new position in TriMas during the 4th quarter valued at about $29,000. Covestor Ltd boosted its position in TriMas by 20,525.0% in the fourth quarter. Covestor Ltd now owns 825 shares of the industrial products company’s stock valued at $29,000 after buying an additional 821 shares in the last quarter. Quarry LP acquired a new position in TriMas in the third quarter valued at about $36,000. Finally, Ball & Co Wealth Management Inc. acquired a new position in TriMas in the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

TriMas Company Profile

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.