Sei Investments Co. grew its holdings in shares of TriMas Corporation (NASDAQ:TRS – Free Report) by 26.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 215,508 shares of the industrial products company’s stock after purchasing an additional 45,444 shares during the quarter. Sei Investments Co.’s holdings in TriMas were worth $7,745,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of TRS. Mariner LLC increased its stake in shares of TriMas by 2.2% in the 3rd quarter. Mariner LLC now owns 19,536 shares of the industrial products company’s stock valued at $755,000 after acquiring an additional 414 shares in the last quarter. Ellevest Inc. boosted its stake in TriMas by 11.6% during the fourth quarter. Ellevest Inc. now owns 6,418 shares of the industrial products company’s stock worth $228,000 after acquiring an additional 669 shares in the last quarter. AdvisorNet Financial Inc bought a new position in TriMas during the first quarter worth $28,000. Los Angeles Capital Management LLC acquired a new stake in TriMas in the fourth quarter worth $29,000. Finally, Covestor Ltd grew its holdings in TriMas by 20,525.0% in the fourth quarter. Covestor Ltd now owns 825 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 821 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.
TriMas Price Performance
Shares of NASDAQ:TRS opened at $39.93 on Monday. TriMas Corporation has a twelve month low of $30.43 and a twelve 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 quick ratio of 4.50, a current ratio of 4.85 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 1.66 and a beta of 0.60.
TriMas Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, August 6th will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 6th. TriMas’s dividend payout ratio (DPR) is currently 0.67%.
Key Stories Impacting TriMas
Here are the key news stories impacting TriMas this week:
- Positive Sentiment: TriMas reported second-quarter adjusted EPS of $0.52, exceeding the $0.49 analyst consensus. The earnings beat likely supported the stock’s upward move. TriMas Q2 Earnings Top Estimates
- Positive Sentiment: The company raised its fiscal 2026 adjusted EPS guidance to $1.60-$1.70, versus its previous outlook and roughly in line with the $1.67 analyst consensus. Management maintained its 3%-6% sales-growth target, signaling continued confidence in profitability and demand trends. TriMas Raises 2026 Adjusted EPS Outlook
- Positive Sentiment: Management’s earnings presentation and conference call provided additional detail on the quarterly performance, outlook and operating priorities, helping investors assess the company’s recovery and margin trajectory. TriMas 2026 Q2 Results Presentation
- Neutral Sentiment: TriMas issued fiscal 2026 revenue guidance of approximately $665.1 million-$684.5 million. The range encompasses current expectations, but its midpoint is modestly below the roughly $679.3 million consensus estimate. TriMas Earnings and Guidance Details
- Negative Sentiment: Second-quarter revenue was $174.6 million, below the $178.4 million consensus and down 36.5% from the prior-year period. EPS also declined from $0.61 a year earlier, indicating that the earnings beat was achieved despite ongoing top-line pressure. TriMas Q2 2026 Earnings Call Transcript
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on TRS shares. 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 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 given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.50.
Check Out Our Latest Stock Report on TRS
Insider Activity at TriMas
In related news, Director Herbert K. Parker sold 15,000 shares of the company’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 sale, the director owned 57,762 shares in the company, valued at $2,601,022.86. This represents a 20.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 17.50% of the stock is currently owned by insiders.
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.
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