TriMas (NASDAQ:TRS) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

TriMas (NASDAQ:TRS) issued its earnings results on Thursday. The industrial products company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.01), Briefing.com reports. The company had revenue of $155.49 million during the quarter, compared to analyst estimates of $192.96 million. TriMas had a net margin of 4.35% and a return on equity of 12.39%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.43 EPS.

Here are the key takeaways from TriMas’ conference call:

• TriMas is selling TriMas Aerospace for about $1.45 billion (≈$1.2 billion net after-tax proceeds) with the deal expected to close in mid‑to‑late March, leaving a more focused two‑segment company and reporting Aerospace as discontinued operations.
• 2025 results beat expectations: adjusted EPS was $2.09 (up 27% YoY), total company net sales rose ~12.7% to just over $1 billion, and adjusted segment operating profit increased >30% to $149 million, driven by sales growth and operational execution.
• Management has deployed capital aggressively and signaled shareholder returns: it repurchased >3 million shares for ≈$100 million, increased the remaining buyback authorization to $150 million, and intends to use Aerospace proceeds to pay down revolver borrowings and fund buybacks, M&A, and growth initiatives.
• Companywide transformation underway — a Lean Six Sigma‑based operational excellence program, a January realignment, and a restructured commercial model are expected to deliver >$10 million of cost reductions in 2026 and >$15 million on an annualized basis, supporting management’s target of 3%–6% sales growth and >300 bps of operating margin improvement in 2026.
• Near‑term headwinds include a Q1 2026 guidance caveat that Q1 will be the lowest quarter for margins and EPS, packaging had Q4 margin pressure from mix and seasonality, and net leverage rose to 2.6x after using revolver borrowings to fund repurchases (to be partly paid down with sale proceeds).

TriMas Stock Performance

Shares of TRS stock traded up $1.15 during mid-day trading on Thursday, hitting $38.00. The stock had a trading volume of 606,355 shares, compared to its average volume of 374,884. The firm has a market cap of $1.54 billion, a PE ratio of 35.19 and a beta of 0.57. The company’s 50-day simple moving average is $35.54 and its 200-day simple moving average is $35.97. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.68 and a quick ratio of 1.42. TriMas has a fifty-two week low of $19.33 and a fifty-two week high of $42.00.

TriMas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 27th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Friday, February 27th. TriMas’s dividend payout ratio (DPR) is 14.81%.

Institutional Investors Weigh In On TriMas

A number of institutional investors have recently added to or reduced their stakes in the business. Los Angeles Capital Management LLC purchased a new position in shares of TriMas during the 4th quarter worth approximately $29,000. Quarry LP acquired a new position in TriMas during the third quarter worth $36,000. Kemnay Advisory Services Inc. purchased a new position in TriMas in the fourth quarter worth $51,000. State of Wyoming purchased a new position in TriMas in the second quarter worth $65,000. Finally, BNP Paribas Financial Markets lifted its holdings in TriMas by 35.4% in the second quarter. BNP Paribas Financial Markets now owns 3,319 shares of the industrial products company’s stock valued at $95,000 after acquiring an additional 868 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on TRS. BWS Financial restated a “buy” rating and issued a $45.00 price objective on shares of TriMas in a research note on Friday, December 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of TriMas in a report on Monday, December 29th. Wall Street Zen downgraded TriMas from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. KeyCorp reaffirmed an “overweight” rating and set a $38.00 price target on shares of TriMas in a research report on Thursday. Finally, Zacks Research downgraded TriMas from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.50.

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.