TriMas (NASDAQ:TRS) Updates FY 2026 Earnings Guidance

by · The Cerbat Gem

TriMas (NASDAQ:TRSGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.500-1.70 for the period, compared to the consensus earnings per share 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.

TriMas Trading Up 2.6%

Shares of TRS traded up $0.94 during trading hours on Thursday, hitting $37.02. 820,145 shares of the stock traded hands, compared to its average volume of 402,123. The company has a current ratio of 2.52, a quick ratio of 1.93 and a debt-to-equity ratio of 0.66. TriMas has a 1-year low of $23.65 and a 1-year high of $42.00. The firm has a market capitalization of $1.36 billion, a PE ratio of 12.46 and a beta of 0.61. The business has a fifty day moving average of $36.83 and a 200-day moving average of $35.56.

TriMas (NASDAQ:TRSGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $168.28 million during the quarter, compared to the consensus estimate of $158.24 million. TriMas had a return on equity of 12.04% and a net margin of 11.53%.The firm’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 earnings per share. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. Analysts expect that TriMas will post 1.59 EPS for the current year.

TriMas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Thursday, May 7th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, May 7th. TriMas’s dividend payout ratio is currently 5.39%.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on TRS

Institutional Investors Weigh In On TriMas

Hedge funds have recently modified their holdings of the business. Prelude Capital Management LLC acquired a new stake in shares of TriMas during the third quarter worth about $394,000. Captrust Financial Advisors acquired a new stake in shares of TriMas during the second quarter worth about $355,000. Beartown Capital Management LLC acquired a new stake in shares of TriMas during the fourth quarter worth about $354,000. Simplex Trading LLC raised its position in shares of TriMas by 264.7% during the fourth quarter. Simplex Trading LLC now owns 9,846 shares of the industrial products company’s stock worth $349,000 after purchasing an additional 7,146 shares during the period. Finally, Man Group plc acquired a new stake in shares of TriMas during the second quarter worth about $294,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

TriMas Company Profile

(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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