UBS Group AG Sells 216,442 Shares of TriMas Corporation $TRS

UBS Group AG decreased its stake in shares of TriMas Corporation (NASDAQ:TRS) by 75.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 72,024 shares of the industrial products company’s stock after selling 216,442 shares during the quarter. UBS Group AG owned about 0.18% of TriMas worth $2,553,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of TriMas by 31.3% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 11,418 shares of the industrial products company’s stock worth $405,000 after acquiring an additional 2,725 shares during the last quarter. CWM LLC boosted its position in shares of TriMas by 222.0% during the fourth quarter. CWM LLC now owns 2,502 shares of the industrial products company’s stock worth $89,000 after acquiring an additional 1,725 shares during the last quarter. Ball & Co Wealth Management Inc. bought a new position in shares of TriMas during the fourth quarter worth $35,000. Allspring Global Investments Holdings LLC boosted its position in shares of TriMas by 3.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,562,028 shares of the industrial products company’s stock worth $92,976,000 after acquiring an additional 73,638 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of TriMas by 505.8% during the fourth quarter. SG Americas Securities LLC now owns 84,639 shares of the industrial products company’s stock worth $3,000,000 after acquiring an additional 70,667 shares during the last quarter. Institutional investors own 99.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TRS shares. Zacks Research upgraded shares of TriMas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. KeyCorp reiterated an “overweight” rating and set a $38.00 price objective on shares of TriMas in a research report on Thursday, February 26th. BWS Financial reiterated a “buy” rating and set a $45.00 price objective on shares of TriMas in a research report on Monday, March 2nd. Finally, Weiss Ratings upgraded shares of TriMas from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.50.

TriMas Price Performance

TRS stock opened at $41.13 on Wednesday. TriMas Corporation has a 52 week low of $25.58 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 company has a fifty day simple moving average of $37.74 and a two-hundred day simple moving average of $35.91. The firm has a market capitalization of $1.47 billion, a P/E ratio of 1.71 and a beta of 0.58.

TriMas (NASDAQ:TRS) last released its quarterly earnings data 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). 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 the consensus estimate of $158.24 million. During the same quarter last year, the business earned $0.46 EPS. TriMas’s revenue for the quarter was up 10.3% compared to the same quarter last year. TriMas has set its FY 2026 guidance at 1.500-1.70 EPS. Analysts anticipate that TriMas Corporation will post 1.67 earnings per share for the current fiscal year.

TriMas Announces Dividend

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

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.