BWS Financial initiated coverage on Trimas with a new price target
$TRS
Industrial Specialties
Industrials
BWS Financial initiated coverage of Trimas with a rating of Buy and set a new price target of $40.00
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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) today announced the appointment of Paul Swart as Chief Financial Officer, effective December 15, 2025. Paul will report to Thomas Snyder, TriMas President and Chief Executive Officer, and will succeed Teresa Finley, Interim Chief Financial Officer and TriMas Board Member. Paul brings more than 25 years of strategic leadership and financial oversight experience, including two decades in key operational and corporate finance and accounting roles at TriMas prior to his recent tenure at RealTruck. Most recently, he served in the roles of Senior Vice President of Finance and Chief Accounting Officer at RealTruck, where he led all aspects of accounting, financial reporting, t
TriMas (NASDAQ:TRS) today announced that its Board of Directors has increased the Company's common stock share repurchase authorization to a total of up to $150 million, adding to the $65.4 million remaining under the previous authorization. "Increasing our share repurchase authorization reinforces our long-term commitment to returning capital to shareholders and the Board's confidence in TriMas' future," said Thomas Snyder, TriMas President and Chief Executive Officer. "While market factors influence our equity market valuation, we believe our current stock price does not fully reflect the underlying value and growth potential of our businesses. We will continue to monitor market conditi
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.
8-K - TRIMAS CORP (0000842633) (Filer)
10-Q - TRIMAS CORP (0000842633) (Filer)
8-K - TRIMAS CORP (0000842633) (Filer)
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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)
4 - TRIMAS CORP (0000842633) (Issuer)
TriMas (NASDAQ:TRS) today announced the appointment of Paul Swart as Chief Financial Officer, effective December 15, 2025. Paul will report to Thomas Snyder, TriMas President and Chief Executive Officer, and will succeed Teresa Finley, Interim Chief Financial Officer and TriMas Board Member. Paul brings more than 25 years of strategic leadership and financial oversight experience, including two decades in key operational and corporate finance and accounting roles at TriMas prior to his recent tenure at RealTruck. Most recently, he served in the roles of Senior Vice President of Finance and Chief Accounting Officer at RealTruck, where he led all aspects of accounting, financial reporting, t
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
TriMas (NASDAQ:TRS) today announced that its Board of Directors has increased the Company's common stock share repurchase authorization to a total of up to $150 million, adding to the $65.4 million remaining under the previous authorization. "Increasing our share repurchase authorization reinforces our long-term commitment to returning capital to shareholders and the Board's confidence in TriMas' future," said Thomas Snyder, TriMas President and Chief Executive Officer. "While market factors influence our equity market valuation, we believe our current stock price does not fully reflect the underlying value and growth potential of our businesses. We will continue to monitor market conditi
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
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