Jefferies Financial Group Inc. Makes New $55.04 Million Investment in TriMas Corporation $TRS

Jefferies Financial Group Inc. bought a new position in shares of TriMas Corporation (NASDAQ:TRS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,552,499 shares of the industrial products company’s stock, valued at approximately $55,036,000. Jefferies Financial Group Inc. owned 3.82% of TriMas at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TRS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in TriMas by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,120 shares of the industrial products company’s stock worth $565,000 after buying an additional 1,014 shares during the period. Jane Street Group LLC acquired a new position in TriMas during the first quarter worth about $868,000. Jump Financial LLC grew its position in TriMas by 80.3% during the second quarter. Jump Financial LLC now owns 72,240 shares of the industrial products company’s stock worth $2,067,000 after buying an additional 32,172 shares during the period. Sei Investments Co. grew its position in TriMas by 16.7% during the second quarter. Sei Investments Co. now owns 101,420 shares of the industrial products company’s stock worth $2,902,000 after buying an additional 14,512 shares during the period. Finally, Squarepoint Ops LLC lifted its holdings in shares of TriMas by 83.3% in the second quarter. Squarepoint Ops LLC now owns 162,775 shares of the industrial products company’s stock valued at $4,657,000 after purchasing an additional 73,960 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

TriMas Stock Up 2.6%

TRS stock opened at $40.12 on Friday. The company’s 50 day simple moving average is $37.52 and its 200-day simple moving average is $35.81. The firm has a market capitalization of $1.44 billion, a PE ratio of 1.67 and a beta of 0.58. TriMas Corporation has a 12 month low of $25.35 and a 12 month high of $43.72. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.85 and a quick ratio of 4.50.

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

TriMas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors 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 annualized dividend and a dividend yield of 0.4%. TriMas’s dividend payout ratio is presently 0.66%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TRS shares. BWS Financial reiterated a “buy” rating and issued a $45.00 price target on shares of TriMas in a research report on Monday, March 2nd. Zacks Research upgraded shares of TriMas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. Weiss Ratings upgraded shares of TriMas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Finally, KeyCorp reiterated an “overweight” rating and issued a $38.00 price target on shares of TriMas in a research report on Thursday, February 26th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently 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.