Jackson Creek Investment Advisors LLC Buys New Position in TriMas Corporation $TRS

Jackson Creek Investment Advisors LLC bought a new stake in TriMas Corporation (NASDAQ:TRS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,034 shares of the industrial products company’s stock, valued at approximately $462,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of TRS. Covestor Ltd lifted its holdings in TriMas by 20,525.0% in the 4th quarter. Covestor Ltd now owns 825 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 821 shares during the last quarter. Ball & Co Wealth Management Inc. acquired a new stake in TriMas in the 4th quarter valued at about $35,000. Quarry LP acquired a new stake in TriMas in the 3rd quarter valued at about $36,000. Aster Capital Management DIFC Ltd acquired a new stake in TriMas in the 3rd quarter valued at about $48,000. Finally, State of Wyoming acquired a new stake in TriMas in the 2nd quarter valued at about $65,000. 99.42% of the stock is owned by institutional investors and hedge funds.

TriMas Price Performance

TRS stock opened at $41.16 on Thursday. The company has a current ratio of 4.85, a quick ratio of 4.50 and a debt-to-equity ratio of 0.27. TriMas Corporation has a one year low of $25.58 and a one year high of $43.72. The firm has a market capitalization of $1.47 billion, a PE ratio of 1.71 and a beta of 0.58. The firm has a 50-day moving average of $37.85 and a two-hundred day moving average of $35.97.

TriMas (NASDAQ:TRS) last posted its quarterly earnings data 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 firm had revenue of $168.28 million for the quarter, compared to analysts’ expectations of $158.24 million. During the same period in the prior year, the company posted $0.46 earnings per share. TriMas’s quarterly revenue was up 10.3% compared to the same quarter last year. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. On average, analysts forecast that TriMas Corporation will post 1.67 earnings per share for the current year.

TriMas Announces Dividend

The company 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 of this dividend was Thursday, May 7th. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. TriMas’s dividend payout ratio is currently 0.66%.

Analysts Set New Price Targets

A number of brokerages have weighed in on TRS. KeyCorp reissued an “overweight” rating and issued a $38.00 price target on shares of TriMas in a report on Thursday, February 26th. Weiss Ratings raised shares of TriMas from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Zacks Research raised shares of TriMas from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, BWS Financial reissued a “buy” rating and issued a $45.00 price target on shares of TriMas in a report on Monday, March 2nd. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.