Kennedy Capital Management LLC Decreases Position in TriMas Corporation $TRS

Kennedy Capital Management LLC lessened its holdings in shares of TriMas Corporation (NASDAQ:TRS) by 12.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 678,672 shares of the industrial products company’s stock after selling 100,307 shares during the period. Kennedy Capital Management LLC owned approximately 1.67% of TriMas worth $24,059,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Bank of America Corp DE lifted its holdings in shares of TriMas by 4.1% during the 3rd quarter. Bank of America Corp DE now owns 3,810,233 shares of the industrial products company’s stock valued at $147,227,000 after purchasing an additional 150,232 shares during the last quarter. Capital International Investors purchased a new stake in shares of TriMas during the 3rd quarter valued at $111,673,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of TriMas by 3.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,562,028 shares of the industrial products company’s stock valued at $92,976,000 after purchasing an additional 73,638 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of TriMas during the 4th quarter valued at $55,036,000. Finally, Advisory Research Inc. lifted its holdings in shares of TriMas by 46.0% during the 4th quarter. Advisory Research Inc. now owns 1,096,013 shares of the industrial products company’s stock valued at $38,854,000 after purchasing an additional 345,425 shares during the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on TRS shares. Weiss Ratings lowered TriMas from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. KeyCorp restated an “overweight” rating and issued a $38.00 target price on shares of TriMas in a research note on Thursday, February 26th. Zacks Research upgraded TriMas from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, BWS Financial restated a “buy” rating and issued a $45.00 target price on shares of TriMas in a research note on Monday, March 2nd. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.50.

TriMas Stock Performance

Shares of TRS stock opened at $41.32 on Friday. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 1.72 and a beta of 0.60. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.85 and a quick ratio of 4.50. The business has a fifty day moving average of $38.99 and a 200 day moving average of $36.67. TriMas Corporation has a 1 year low of $26.16 and a 1 year high of $43.72.

TriMas (NASDAQ:TRS) last issued its earnings results on Thursday, April 30th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.24). The firm had revenue of $168.28 million during the quarter, compared to analysts’ expectations of $158.24 million. TriMas had a return on equity of 8.38% and a net margin of 93.79%.The business’s revenue was up 10.3% on a year-over-year basis. 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. As a group, research analysts expect that TriMas Corporation will post 1.67 earnings per share for the current year.

TriMas Announces Dividend

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. The ex-dividend date was Thursday, May 7th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.4%. TriMas’s dividend payout ratio (DPR) is presently 0.66%.

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.