TriMas Corporation $TRS is Alta Fox Capital Management LLC’s 7th Largest Position

Alta Fox Capital Management LLC boosted its position in TriMas Corporation (NASDAQ:TRS) by 67.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 563,375 shares of the industrial products company’s stock after purchasing an additional 227,231 shares during the period. TriMas comprises approximately 4.3% of Alta Fox Capital Management LLC’s investment portfolio, making the stock its 7th largest position. Alta Fox Capital Management LLC’s holdings in TriMas were worth $19,972,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of TRS. Los Angeles Capital Management LLC purchased a new stake in shares of TriMas during the fourth quarter valued at approximately $29,000. Covestor Ltd boosted its stake in shares of TriMas by 20,525.0% during the fourth quarter. Covestor Ltd now owns 825 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 821 shares during the period. Quarry LP purchased a new stake in shares of TriMas during the third quarter valued at approximately $36,000. Ball & Co Wealth Management Inc. purchased a new stake in shares of TriMas during the fourth quarter valued at approximately $35,000. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of TriMas during the third quarter valued at approximately $48,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

TriMas Price Performance

Shares of TriMas stock opened at $41.32 on Friday. 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 company has a market cap of $1.48 billion, a PE ratio of 1.72 and a beta of 0.60. The business has a 50 day moving average of $38.99 and a 200 day moving average of $36.67. TriMas Corporation has a 52 week low of $26.16 and a 52 week high of $43.72.

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

TriMas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were 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 was Thursday, May 7th. TriMas’s dividend payout ratio is currently 0.66%.

Analyst Upgrades and Downgrades

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

TriMas 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.