TriMas CorpTRS
TRS
About: TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments namely: The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.
Employees: 3,400
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
4.6% more ownership
Funds ownership: 95.2% [Q3] → 99.8% (+4.6%) [Q4]
0% more capital invested
Capital invested by funds: $989M [Q3] → $993M (+$4.56M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
0% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 21
3% less funds holding
Funds holding: 149 [Q3] → 144 (-5) [Q4]
16% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 50
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$40
77%
upside
Avg. target
$40
77%
upside
High target
$40
77%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
BWS Financial Hamed Khorsand 60% 1-year accuracy 104 / 172 met price target | 77%upside $40 | Buy Maintained | 23 Jan 2025 |
Financial journalist opinion
Based on 11 articles about TRS published over the past 30 days
Positive
Zacks Investment Research
1 day ago
TriMas (TRS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
TriMas (TRS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 day ago
TriMas Declares Quarterly Dividend
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 7, 2025, to shareholders of record as of the close of business on February 28, 2025. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approxim.
Negative
Zacks Investment Research
3 days ago
2 Metal Fabrication Stocks to Watch Despite Ongoing Industry Weakness
The Zacks Metal Products - Procurement and Fabrication industry's prospects look bleak in the near term but TRS and NWPX seem poised to tide the challenges.
Neutral
Business Wire
4 days ago
TriMas Completes Acquisition of GMT Aerospace
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that it has completed the previously announced acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH (“GMT”). Based in Germany, GMT's aerospace division (“GMT Aerospace”) develops and manufactures a wide range of tie-rods and rubber-metal anti-vibration systems for commercial and military aerospace applications. GMT Aerospace is now part of the TriMas Aerospace group. “We are pleased to announce the.
Neutral
Business Wire
1 week ago
TriMas Announces Appointment of Shawn Sedaghat to Board of Directors
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that its Board of Directors has appointed Shawn Sedaghat as a new independent director, effective February 10, 2025. Mr. Sedaghat will serve as a Class III director, and will also serve on the Governance and Nominating Committee. Mr. Sedaghat has more than four decades of global business experience focused on the packaging industry and working with key consumer products companies. With the addition of Mr. Sedaghat, t.
Neutral
Business Wire
1 week ago
TriMas Announces Continued Review of Portfolio Actions to Maximize Shareholder Value
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS), a leading global provider of engineered products that goes to market through its leading brands within its TriMas Packaging, TriMas Aerospace and Specialty Products groups, today announced that the Company is taking continued actions toward the goal of streamlining and optimizing the business portfolio. The TriMas Board of Directors regularly reviews the Company's strategic priorities and remains open-minded to opportunities to enh.
Neutral
PRNewsWire
2 weeks ago
WOODWARD PARK PARTNERS ADVISES TRIMAS IN ITS SALE OF ARROW ENGINE TO IES INFRASTRUCTURE SOLUTIONS
BLOOMFIELD HILLS, Mich. , Feb. 7, 2025 /PRNewswire/ -- Woodward Park Partners is pleased to announce that IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC) has acquired Arrow Engine Company, a subsidiary of TriMas Corporation (NASDAQ: TRS).
Neutral
Business Wire
2 weeks ago
TriMas Announces Fourth Quarter and Full Year 2024 Earnings Conference Call Date
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its fourth quarter and full year 2024 earnings conference call on Thursday, February 27, 2025. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of fourth quarter and full year 2024 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (outside the U.S. and Can.
Neutral
Business Wire
3 weeks ago
TriMas Completes Sale of Its Arrow Engine Business
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the successful completion of the previously announced sale of its Arrow Engine business, thereby exiting its direct presence in the oil and gas market sector. The sale was finalized with IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC), and a provider of electrical and mechanical apparatus services, custom steel fabrication and custom-engineered solutions, including generator enclosur.
Positive
Seeking Alpha
3 weeks ago
TriMas Corporation: This Play Could Have A Strong Catalyst For Upside
TriMas Corporation is a potential special situation investment due to its diverse operations and recent financial underperformance, making it a candidate for significant change. Activist investor Barington Capital Group is pushing for a strategic review, including a potential sale, which could unlock shareholder value. Despite mixed financial results, the company's valuation suggests limited downside and significant upside, especially if management decides to restructure or sell parts of the business.
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