TriMas Corporation - Common Stock (TRS)
20.66
-0.80 (-3.73%)
NASDAQ · Last Trade: Apr 10th, 1:14 PM EDT
Detailed Quote
| Previous Close | 21.46 |
|---|---|
| Open | 20.81 |
| Bid | 20.66 |
| Ask | 20.75 |
| Day's Range | 20.44 - 21.29 |
| 52 Week Range | 19.33 - 28.51 |
| Volume | 61,526 |
| Market Cap | 886.67M |
| PE Ratio (TTM) | 35.02 |
| EPS (TTM) | 0.6 |
| Dividend & Yield | 0.1600 (0.77%) |
| 1 Month Average Volume | 399,756 |
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About TriMas Corporation - Common Stock (TRS)
Trimas Corporation is a diversified global manufacturer that designs, produces, and markets an extensive range of products across various sectors, including aerospace, automotive, consumer goods, and industrial markets. The company operates through different segments, focusing on engineered products, closures, and packaging, with a commitment to innovation and quality. Trimas aims to deliver value to its customers through advanced engineering solutions, efficient manufacturing processes, and a strong emphasis on sustainability, positioning itself as a key player in its industry to meet the evolving needs of its clientele. Read More
News & Press Releases
TriMas (NASDAQ: TRS) announced today that it will host its first quarter 2025 earnings conference call on Tuesday, April 29, 2025. The conference call will begin at 10 a.m. Eastern Time and will follow the Company’s release of first quarter 2025 earnings results at 8 a.m. that day.
By TriMas · Via Business Wire · April 7, 2025
TriMas (NASDAQ: TRS) today announced that Scott Mell, its Chief Financial Officer (CFO), will be leaving the Company effective March 20, 2025, to pursue another opportunity. In light of this transition, Teresa Finley, a current TriMas Board member, has been appointed interim CFO.
By TriMas · Via Business Wire · March 20, 2025
TriMas (NASDAQ: TRS) today announced that its TriMas Packaging group has been honored with the prestigious Gold Supplier Award from Grupo Boticário, a leading multinational beauty company headquartered in Brazil. The award was presented during Grupo Boticário’s 28th Annual Supplier Conference in Curitiba, Brazil, recognizing TriMas Packaging’s exceptional performance in innovation, sustainability, quality, customer service, technical support and on-time delivery. This recognition follows the Silver Award earned last year, highlighting the company’s ongoing commitment to excellence.
By TriMas · Via Business Wire · March 10, 2025
TriMas (NASDAQ: TRS) today announced financial results for the fourth quarter and full year ended December 31, 2024.
By TriMas · Via Business Wire · February 27, 2025
TriMas (NASDAQ: TRS) today announced that TriMas Aerospace’s Monogram Aerospace Fasteners™, Allfast Fastening Systems® and Mac Fasteners™ brands have been awarded a multi-year global contract with Airbus, expanding the Company’s existing contract scope across all fastener business units and further strengthening TriMas Aerospace’s position across the global Airbus supply chain.
By TriMas · Via Business Wire · February 24, 2025
TriMas (NASDAQ: TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 7, 2025, to shareholders of record as of the close of business on February 28, 2025.
By TriMas · Via Business Wire · February 20, 2025
TriMas (NASDAQ: TRS) today announced that it has completed the previously announced acquisition of the aerospace business of GMT Gummi-Metall-Technik GmbH (“GMT”). Based in Germany, GMT’s aerospace division (“GMT Aerospace”) develops and manufactures a wide range of tie-rods and rubber-metal anti-vibration systems for commercial and military aerospace applications. GMT Aerospace is now part of the TriMas Aerospace group.
By TriMas · Via Business Wire · February 17, 2025
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 experience to oversee the Company’s strategy and execution, as demonstrated by the appointment of a new independent Chairman, Herbert K. Parker, in 2024, and the appointment of three new directors since 2020.
By TriMas · Via Business Wire · February 11, 2025
TriMas (NASDAQ: TRS), a leading global provider of engineered products that goes to market through its leading brands within its TriMas Packaging, TriMas Aerospace and Specialty Products groups, today announced that the Company is taking continued actions toward the goal of streamlining and optimizing the business portfolio. The TriMas Board of Directors regularly reviews the Company’s strategic priorities and remains open-minded to opportunities to enhance shareholder value.
By TriMas · Via Business Wire · February 10, 2025
TriMas (NASDAQ: TRS) announced today that it will host its fourth quarter and full year 2024 earnings conference call on Thursday, February 27, 2025. The conference call will begin at 10 a.m. Eastern Time and will follow the Company’s release of fourth quarter and full year 2024 earnings results at 8 a.m. that day.
By TriMas · Via Business Wire · February 7, 2025
TriMas (NASDAQ: TRS) today announced the successful completion of the previously announced sale of its Arrow Engine business, thereby exiting its direct presence in the oil and gas market sector. The sale was finalized with IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC), and a provider of electrical and mechanical apparatus services, custom steel fabrication and custom-engineered solutions, including generator enclosures and bus systems to customers both in the United States and abroad. The transaction closed on January 31, 2025.
By TriMas · Via Business Wire · January 31, 2025
TriMas (NASDAQ: TRS) today announced that its TriMas Packaging group has retained the Gold level rating for its Environment, Social and Governance (ESG) initiatives. This achievement places TriMas Packaging’s U.S.-based sites, assessed under the name Rieke LLC, in the top 5% of more than 130,000 companies assessed by EcoVadis globally, highlighting the company’s commitment to sustainable and responsible business practices.
By TriMas · Via Business Wire · January 29, 2025
TriMas Packaging, the largest operating group of TriMas (NASDAQ: TRS), is excited to announce its participation in two upcoming trade shows, where the Company will showcase its diverse portfolio of innovative and sustainable dispensing and closure product solutions.
By TriMas Packaging · Via Business Wire · January 21, 2025
TriMas Packaging, the largest operating group of TriMas (NASDAQ: TRS), today announced that it has added to its breadth of commercially available, fully recyclable, all-plastic dispensers with the launch of a new foaming pump under its patented Singolo™ product line.
By TriMas · Via Business Wire · January 14, 2025
TriMas (NASDAQ: TRS) today announced that the Board of Directors and Thomas Amato have agreed that Mr. Amato will transition from the role of President and Chief Executive Officer. The Board has initiated a comprehensive search process with the assistance of Spencer Stuart, a nationally-recognized executive search firm, to identify a successor. To ensure a smooth leadership transition, Mr. Amato will remain with the Company through June 30, 2025, and will remain President and Chief Executive Officer until the earlier of his departure or the appointment of a permanent successor. In connection with this announcement, Mr. Amato will not stand for re-election to the Company’s Board of Directors at the 2025 Annual Shareholders meeting.
By TriMas · Via Business Wire · January 6, 2025
Via Benzinga · November 27, 2024
TriMas (NASDAQ: TRS) today announced the launch of its new, state-of-the-art, 225,000 square foot facility for its TriMas Packaging group in Haining, China. This milestone follows last year’s decision to rationalize two manufacturing facilities into one new facility. TriMas exited both its Hangzhou, China, and older Haining, China facilities, consolidating them into a single, new facility in Haining with advanced capabilities to better serve customers across China and the wider Asian markets.
By TriMas · Via Business Wire · November 25, 2024
TriMas (NASDAQ: TRS) today announced the winner of its 2024 TriMas Kaizen Challenge. The winning project was submitted by a dedicated team at Allfast Fastening Systems, part of the TriMas Aerospace group and based in the City of Industry, California. Allfast’s Kaizen project focused on improving aerospace customers’ quoting experiences by streamlining the ordering process and implementing a new interactive customer portal.
By TriMas · Via Business Wire · November 25, 2024
TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2024.
By TriMas · Via Business Wire · November 4, 2024
TriMas Packaging, the largest operating group within TriMas (NASDAQ: TRS), will showcase its latest beauty and cosmetic packaging innovations at Beautyworld Middle East 2024, held at the Dubai World Trade Centre, Booth #3-H19, from October 28th to 30th. As the region’s premier international trade fair for beauty and wellness products, fragrances and beauty accessories—and one of the leading beauty shows worldwide—Beautyworld Middle East provides TriMas Packaging, and its market-leading brands, consisting of Rieke®, Aarts Packaging, Affaba & Ferrari™, Taplast™ and Rapak®, the perfect platform to present their latest advancements and sustainable solutions for the beauty, cosmetic and personal care markets.
By TriMas · Via Business Wire · October 23, 2024
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 12, 2024, to shareholders of record as of the close of business on November 5, 2024.
By TriMas · Via Business Wire · October 22, 2024
TriMas (NASDAQ: TRS) announced today that it will host its third quarter 2024 earnings conference call on Monday, November 4, 2024. The conference call will begin at 10 a.m. Eastern Time and will follow the Company’s release of third quarter 2024 earnings results at 8 a.m. that day.
By TriMas · Via Business Wire · October 8, 2024
TriMas Packaging, the largest division of TriMas (NASDAQ: TRS), will exhibit at LUXE PACK Monaco 2024, at the Grimaldi Forum in the Ravel Hall, at Booth #RD10, from September 30th to October 2nd. As the premier trade show for luxury packaging, LUXE PACK features global packaging manufacturers and their most creative innovations and technologies. TriMas Packaging, and its market-leading brands, consisting of Rieke®, Aarts Packaging, Affaba & Ferrari™, Taplast™ and Rapak®, will be showcasing its latest innovations in packaging design and sustainable product solutions, tailored for the luxury and masstige beauty, cosmetic and personal care end markets.
By TriMas · Via Business Wire · September 16, 2024