Kennedy Capital Management LLC Trims Stock Position in TriMas Corporation $TRS

Kennedy Capital Management LLC lowered its stake in shares of TriMas Corporation (NASDAQ:TRS) by 12.9% in the fourth quarter, according to its most recent 13F filing with the SEC. 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’s holdings in TriMas were worth $24,059,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Alta Fox Capital Management LLC raised its stake in shares of TriMas by 67.6% during the 4th quarter. Alta Fox Capital Management LLC now owns 563,375 shares of the industrial products company’s stock valued at $19,972,000 after buying an additional 227,231 shares during the last quarter. Quinn Opportunity Partners LLC raised its stake in shares of TriMas by 13.0% during the 4th quarter. Quinn Opportunity Partners LLC now owns 87,183 shares of the industrial products company’s stock valued at $3,091,000 after buying an additional 10,000 shares during the last quarter. Steel Partners Holdings L.P. purchased a new position in shares of TriMas during the 4th quarter valued at about $1,917,000. Advisory Research Inc. raised its stake 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 buying an additional 345,425 shares during the last quarter. Finally, Permian Investment Partners LP purchased a new position in shares of TriMas during the 4th quarter valued at about $29,192,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

TriMas Price Performance

NASDAQ:TRS opened at $41.32 on Friday. TriMas Corporation has a 52 week low of $26.16 and a 52 week high of $43.72. 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 stock has a market capitalization of $1.48 billion, a PE ratio of 1.72 and a beta of 0.60. The stock’s 50-day moving average price is $38.99 and its 200-day moving average price is $36.67.

TriMas (NASDAQ:TRS) last posted 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). TriMas had a net margin of 93.79% and a return on equity of 8.38%. The business had revenue of $168.28 million for the quarter, compared to analyst estimates of $158.24 million. During the same quarter last year, the business earned $0.46 earnings per share. TriMas’s revenue was up 10.3% on a year-over-year basis. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. As a group, equities analysts expect that TriMas Corporation will post 1.67 EPS for the current fiscal year.

TriMas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.4%. The ex-dividend date was Thursday, May 7th. TriMas’s payout ratio is presently 0.66%.

Wall Street Analyst Weigh In

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

About TriMas

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.