TriMas (TRS) News Today

$27.66
-0.14 (-0.50%)
(As of 05/17/2024 ET)
First Eagle Investment Management LLC Takes Position in TriMas Co. (NASDAQ:TRS)
First Eagle Investment Management LLC bought a new position in shares of TriMas Co. (NASDAQ:TRS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 90,906 shares of the industrial products company'
ARGA Investment Management LP Acquires 34,198 Shares of TriMas Co. (NASDAQ:TRS)
ARGA Investment Management LP grew its holdings in shares of TriMas Co. (NASDAQ:TRS - Free Report) by 249.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,908 shares of the industrial products company
TriMas Co. (NASDAQ:TRS) to Post Q3 2024 Earnings of $0.60 Per Share, Zacks Research Forecasts
TriMas Co. (NASDAQ:TRS - Free Report) - Investment analysts at Zacks Research upped their Q3 2024 earnings estimates for TriMas in a research report issued to clients and investors on Tuesday, May 14th. Zacks Research analyst M. Das now forecasts that the industrial products company will earn $0.
TriMas Co. (NASDAQ:TRS) Short Interest Update
TriMas Co. (NASDAQ:TRS - Get Free Report) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 2,150,000 shares, a growth of 468.8% from the April 15th total of 378,000 shares. Currently, 5.4% of the shares of the company are sold short. Based on an average daily volume of 263,600 shares, the days-to-cover ratio is currently 8.2 days.
Herbert Parker Bought 55% More Shares In TriMas
Insider Buying: TriMas Co. (NASDAQ:TRS) Director Acquires 6,000 Shares of Stock
TriMas Co. (NASDAQ:TRS - Get Free Report) Director Herbert K. Parker bought 6,000 shares of TriMas stock in a transaction dated Wednesday, May 8th. The stock was acquired at an average cost of $26.27 per share, with a total value of $157,620.00. Following the completion of the acquisition, the director now directly owns 51,157 shares of the company's stock, valued at approximately $1,343,894.39. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
TriMas Co. (NASDAQ:TRS) Director Purchases $25,980.00 in Stock
TriMas Co. (NASDAQ:TRS - Get Free Report) Director Herbert K. Parker purchased 1,000 shares of the business's stock in a transaction on Wednesday, May 1st. The stock was purchased at an average cost of $25.98 per share, with a total value of $25,980.00. Following the completion of the acquisition, the director now owns 30,057 shares in the company, valued at $780,880.86. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
TriMas Co. (NASDAQ:TRS) Expected to Post Q3 2024 Earnings of $0.63 Per Share
TriMas Co. (NASDAQ:TRS - Free Report) - Equities researchers at BWS Financial reduced their Q3 2024 earnings per share (EPS) estimates for TriMas in a research note issued on Wednesday, May 1st. BWS Financial analyst H. Khorsand now anticipates that the industrial products company will post earni
TriMas (NASDAQ:TRS) Receives Buy Rating from BWS Financial
BWS Financial reissued a "buy" rating and issued a $40.00 price objective on shares of TriMas in a research note on Wednesday.
TriMas (NASDAQ:TRS) Posts Earnings Results, Beats Estimates By $0.09 EPS
TriMas (NASDAQ:TRS - Get Free Report) announced its quarterly earnings data on Tuesday. The industrial products company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.09. The business had revenue of $227.10 million for the quarter, compared to analyst estimates of $220.60 million. TriMas had a return on equity of 8.85% and a net margin of 4.52%. The company's revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.30 earnings per share.
Q1 2024 TriMas Corp Earnings Call
TriMas Corp. Q1 Profit Beats Estimates
TriMas (NASDAQ:TRS) Releases FY 2024 Earnings Guidance
TriMas (NASDAQ:TRS) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.950-2.150 for the period, compared to the consensus estimate of 2.000. The company also issued revenue guidance of $938.2 millionillion-$965.0 millionillion, compared to the consensus estimate of $950.4 millionillion.
TriMas Reports First Quarter 2024 Results
What Wall Street expects from TriMas's earnings
Trimas Corporation
TriMas Co. (NASDAQ:TRS) Sees Significant Increase in Short Interest
TriMas Co. (NASDAQ:TRS - Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 378,000 shares, a growth of 51.9% from the March 31st total of 248,800 shares. Approximately 0.9% of the company's stock are short sold. Based on an average trading volume of 249,200 shares, the short-interest ratio is currently 1.5 days.
Q3 2024 EPS Estimates for TriMas Co. (NASDAQ:TRS) Increased by Analyst
TriMas Co. (NASDAQ:TRS - Free Report) - Zacks Research boosted their Q3 2024 earnings per share estimates for shares of TriMas in a note issued to investors on Tuesday, April 23rd. Zacks Research analyst M. Das now anticipates that the industrial products company will post earnings of $0.59 per s
TriMas Co. (NASDAQ:TRS) Declares Quarterly Dividend of $0.04
TriMas Co. (NASDAQ:TRS) announced a quarterly dividend on Tuesday, April 23rd. Shareholders of record on Tuesday, May 7th will be given a dividend of 0.04 per share by the industrial products company on Tuesday, May 14th. This represents a $0.16 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Monday, May 6th.
Research Analysts Issue Forecasts for TriMas Co.'s Q1 2024 Earnings (NASDAQ:TRS)
TriMas Co. (NASDAQ:TRS - Free Report) - Equities research analysts at Zacks Research dropped their Q1 2024 earnings per share estimates for TriMas in a research note issued on Tuesday, April 23rd. Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings
TriMas Declares Quarterly Dividend
Allspring Global Investments Holdings LLC Raises Position in TriMas Co. (NASDAQ:TRS)
Allspring Global Investments Holdings LLC grew its position in TriMas Co. (NASDAQ:TRS - Free Report) by 16.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,069,777 shares of the industrial products company's stock after buying an additional 422,717 share
TriMas Announces Update to Board of Directors
Wellington Management Group LLP Sells 108,102 Shares of TriMas Co. (NASDAQ:TRS)
Wellington Management Group LLP trimmed its position in TriMas Co. (NASDAQ:TRS - Free Report) by 4.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 2,359,190 shares of the industrial products company's stock after selling 108,102 shares du
TriMas Co. (NASDAQ:TRS) Sees Significant Growth in Short Interest
TriMas Co. (NASDAQ:TRS - Get Free Report) saw a large growth in short interest in February. As of February 29th, there was short interest totalling 156,600 shares, a growth of 24.6% from the February 14th total of 125,700 shares. Approximately 0.4% of the company's stock are sold short. Based on an average trading volume of 254,200 shares, the short-interest ratio is currently 0.6 days.
Jeffrey A. Fielkow Buys 1,000 Shares of TriMas Co. (NASDAQ:TRS) Stock
TriMas Co. (NASDAQ:TRS - Get Free Report) Director Jeffrey A. Fielkow acquired 1,000 shares of the company's stock in a transaction that occurred on Monday, March 4th. The stock was purchased at an average cost of $23.86 per share, with a total value of $23,860.00. Following the completion of the purchase, the director now directly owns 4,445 shares in the company, valued at $106,057.70. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.
TriMas Co. (NASDAQ:TRS) Short Interest Down 16.1% in February
TriMas Co. (NASDAQ:TRS - Get Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 125,700 shares, a decrease of 16.1% from the January 31st total of 149,800 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 229,200 shares, the days-to-cover ratio is currently 0.5 days.
TriMas Full Year 2023 Earnings: Misses Expectations
TriMas (NASDAQ:TRS) Announces Earnings Results
TriMas (NASDAQ:TRS - Get Free Report) posted its quarterly earnings results on Thursday. The industrial products company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($0.17). TriMas had a net margin of 5.78% and a return on equity of 10.57%. The firm had revenue of $209.60 million for the quarter, compared to analysts' expectations of $246.44 million. During the same period last year, the firm posted $0.62 EPS. TriMas's revenue was up 3.1% on a year-over-year basis.
TriMas (NASDAQ:TRS) Issues FY 2024 Earnings Guidance
TriMas (NASDAQ:TRS) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.950-2.150 for the period, compared to the consensus estimate of 2.320. The company also issued revenue guidance of $938.2 millionillion-$965.0 millionillion, compared to the consensus estimate of $1.1 billionillion.
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This page (NASDAQ:TRS) was last updated on 5/19/2024 by MarketBeat.com Staff

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