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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/13/2025 | $45.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 5/22/2023 | $40.00 | Buy | BWS Financial |
| 10/28/2022 | Outperform → Mkt Perform | William Blair |
TriMas (NASDAQ:TRS) announced today that it has entered into a definitive agreement to sell its Aerospace segment for an all-cash purchase price of approximately $1.45 billion to an affiliate of Tinicum L.P. (the "Transaction"). Funds managed by Blackstone will be a minority investor in the Transaction. The purchase price represents an enterprise value multiple of approximately 18x last twelve months (LTM) third quarter 2025 adjusted EBITDA(1). "As previously communicated, the TriMas Board of Directors has been actively evaluating strategic options to optimize our business portfolio and unlock greater value for our shareholders," commented Herbert Parker, TriMas' Board of Directors Chair.
Aerospace Sales Up 45.8%; Company Raises 2025 Full-Year Earnings Outlook Third quarter diluted EPS of $0.23, with adjusted diluted EPS of $0.61, up 41.9% Third quarter operating profit of $16.6 million, with adjusted operating profit of $30.3 million, up 33.9% Consolidated sales growth of 17.4%, with organic growth, net of currency impact, of 16.1% TriMas (NASDAQ:TRS) today announced financial results for the third quarter ended September 30, 2025. The Company reported third quarter 2025 net income of $9.3 million, or $0.23 per diluted share, compared to $2.5 million, or $0.06 per diluted share, in third quarter 2024. Adjusting for Special Items(1), third quarter 2025 adjusted n
TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on November 13, 2025, to shareholders of record as of the close of business on November 6, 2025. About TriMas TriMas designs and manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. TriMas is publicly traded on the NASDAQ under the ticker
4 - TRIMAS CORP (0000842633) (Issuer)
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KeyBanc Capital Markets upgraded Trimas from Sector Weight to Overweight and set a new price target of $45.00
BWS Financial initiated coverage of Trimas with a rating of Buy and set a new price target of $40.00
William Blair downgraded Trimas from Outperform to Mkt Perform
4 - TRIMAS CORP (0000842633) (Issuer)
4 - TRIMAS CORP (0000842633) (Issuer)
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Experienced Packaging Industry Leader with a Track Record of Enhancing Shareholder Value TriMas (NASDAQ:TRS) today announced that Thomas J. Snyder has been appointed President and Chief Executive Officer, and to the TriMas Board of Directors, effective June 23, 2025. Mr. Snyder is succeeding Thomas Amato, the current President and Chief Executive Officer of the Company. Mr. Snyder brings nearly 35 years of experience in the packaging industry, having served in several leadership positions at Silgan Holdings Inc., a global manufacturer of packaging solutions for consumer goods products. Most recently, he served as President of Silgan Containers LLC, from October 2007, managing close to $
TriMas (NASDAQ:TRS) today announced that its Board of Directors has appointed Shawn Sedaghat as a new independent director, effective February 10, 2025. Mr. Sedaghat will serve as a Class III director, and will also serve on the Governance and Nominating Committee. Mr. Sedaghat has more than four decades of global business experience focused on the packaging industry and working with key consumer products companies. With the addition of Mr. Sedaghat, the TriMas Board of Directors now comprises nine directors, eight of whom are independent. TriMas takes a proactive approach to board refreshment and regularly reviews the Board's composition to ensure it has the right mix of expertise and expe
Believes Now is the Optimal Time Given the Contemplated CEO Transition NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Barington Capital Group, L.P., which together with its affiliates collectively owns approximately 1.5% of TriMas Corporation (NASDAQ:TRS), announced today that it has sent a letter to Herbert K. Parker, the Chairman of the Board of Directors of TriMas, urging the Board to immediately retain a financial advisor to pursue strategic alternatives for the Company. The full text of Barington's letter to Mr. Parker is available at https://barington.com/trimas About Barington Capital Group, L.P. Barington Capital Group, L.P. is a fundamental, value-oriented activist investment firm establ
TriMas (NASDAQ:TRS) announced today that it has entered into a definitive agreement to sell its Aerospace segment for an all-cash purchase price of approximately $1.45 billion to an affiliate of Tinicum L.P. (the "Transaction"). Funds managed by Blackstone will be a minority investor in the Transaction. The purchase price represents an enterprise value multiple of approximately 18x last twelve months (LTM) third quarter 2025 adjusted EBITDA(1). "As previously communicated, the TriMas Board of Directors has been actively evaluating strategic options to optimize our business portfolio and unlock greater value for our shareholders," commented Herbert Parker, TriMas' Board of Directors Chair.
Aerospace Sales Up 45.8%; Company Raises 2025 Full-Year Earnings Outlook Third quarter diluted EPS of $0.23, with adjusted diluted EPS of $0.61, up 41.9% Third quarter operating profit of $16.6 million, with adjusted operating profit of $30.3 million, up 33.9% Consolidated sales growth of 17.4%, with organic growth, net of currency impact, of 16.1% TriMas (NASDAQ:TRS) today announced financial results for the third quarter ended September 30, 2025. The Company reported third quarter 2025 net income of $9.3 million, or $0.23 per diluted share, compared to $2.5 million, or $0.06 per diluted share, in third quarter 2024. Adjusting for Special Items(1), third quarter 2025 adjusted n
TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on November 13, 2025, to shareholders of record as of the close of business on November 6, 2025. About TriMas TriMas designs and manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. TriMas is publicly traded on the NASDAQ under the ticker
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