Trimas Corp Stock Price, News & Analysis

TriMas (NASDAQ: TRS) has declared a quarterly cash dividend of $0.04 per share, payable on August 12, 2025, to shareholders of record as of August 5, 2025. The company operates through three main segments: TriMas Packaging, TriMas Aerospace, and Specialty Products.

TriMas employs approximately 3,900 people across 13 countries, serving consumer products, aerospace, and industrial markets. The company maintains strong brand presence in its served markets and operates under the TriMas Business Model, with headquarters in Bloomfield Hills, Michigan.

TriMas (NASDAQ: TRS), a manufacturer of products for consumer products, aerospace, and industrial markets, has scheduled its second quarter 2025 earnings conference call for Tuesday, July 29, 2025, at 10 a.m. Eastern Time. The earnings results will be released at 8 a.m. the same day.

The company will provide access to the call via telephone and webcast, with an accompanying slide presentation available on their website. A replay will be accessible from July 29 at 3 p.m. through August 12 at 3 p.m. Eastern Time.

TriMas operates through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups, employing approximately 3,900 people across 13 countries.

TriMas (NASDAQ: TRS) has granted inducement awards to its new President and CEO Thomas Snyder, consisting of premium-priced stock options for 900,000 shares and 152,439 restricted stock units (RSUs). The stock options are divided into five tranches with premium exercise prices ranging from $30 to $50 per share, vesting over five years. The RSUs will vest ratably over three years.

The grants, made outside the company's 2023 Equity and Incentive Compensation Plan, include provisions for accelerated vesting under certain conditions and were approved under Nasdaq Rule 5635(c)(4) as employment inducements.

TriMas Aerospace (NASDAQ: TRS) announces its participation in the 2025 International Paris Air Show from June 16-22 at Le Bourget, Paris. The company will showcase new products, highlight its recent acquisition of GMT Aerospace (now TriMas Aerospace Germany), and introduce Norris Cylinder's aerospace offerings. The exhibition will feature TriMas' advanced fastening systems and precision-machined components for commercial and military applications through its brands including Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, and RSA Engineered Products. The acquisition of GMT Aerospace expands TriMas' European manufacturing presence and enhances its portfolio with engineered tie-rods and anti-vibration systems. Additionally, Norris Cylinder's compressed gas solutions will be presented to expand aerospace market opportunities.

TriMas (NASDAQ: TRS) has appointed Thomas J. Snyder as its new President and Chief Executive Officer, effective June 23, 2025. Snyder, who brings nearly 35 years of packaging industry experience, will succeed Thomas Amato. Most recently, Snyder served as President of Silgan Containers LLC, where he managed approximately $3 billion in sales and drove significant growth in sales, earnings, and cash flow. His extensive experience includes various leadership positions at Silgan Holdings Inc., including Executive Vice President and Vice President of Sales and Marketing. Snyder holds an M.B.A. from Pepperdine University and a B.S. in Packaging from Michigan State University. TriMas, headquartered in Bloomfield Hills, Michigan, manufactures products for consumer products, aerospace, and industrial markets through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups.

TriMas Packaging (NASDAQ: TRS), the largest division of TriMas, announces its participation in two major beauty trade shows in May 2025. At LUXE PACK New York (May 7-8), the company will showcase its fully recyclable Singolo™ product line featuring 2cc dispensers, foaming dispensers, and Pro-Line pumps. At the China Beauty Expo (May 12-14), TriMas will display its comprehensive beauty and personal care portfolio, including high-dosage lotion pumps, foaming pumps, and eco-conscious solutions. The company, which operates through market-leading brands like Rieke®, Rapak®, and Taplast™, serves various markets including beauty, food and beverage, and pharmaceutical sectors through its 22 global locations with 2,200 employees.

TriMas reported strong Q1 2025 financial results with diluted EPS of $0.30 and adjusted diluted EPS of $0.46, marking a 24.3% increase. The company achieved consolidated sales growth of 6.4%, reaching $241.7 million, driven by impressive 32.5% growth in its Aerospace segment.

Key highlights include:

• Operating profit of $21.8 million, with adjusted operating profit of $24.4 million (up 50.2%)
• Net income of $12.4 million compared to $5.1 million in Q1 2024
• Strong performance in Packaging and Aerospace segments offsetting lower demand in Specialty Products
• Successful acquisition of GMT Aerospace and divestiture of Arrow Engine

The company maintains its full-year 2025 guidance for adjusted diluted EPS between $1.70 to $1.85. TriMas ended Q1 with $32.7 million cash on hand and $240.1 million in available borrowing capacity, demonstrating solid financial position despite market challenges.

TriMas (NASDAQ: TRS) has announced a quarterly cash dividend of $0.04 per share, payable on May 13, 2025, to shareholders of record as of May 6, 2025.

The company operates through three main segments: TriMas Packaging, TriMas Aerospace, and Specialty Products, serving consumer products, aerospace, and industrial markets. With approximately 3,900 employees across 13 countries, TriMas provides innovative product solutions through its market-leading businesses.

TriMas (NASDAQ: TRS) has scheduled its first quarter 2025 earnings conference call for Tuesday, April 29, 2025, at 10 a.m. Eastern Time. The company will release its Q1 2025 earnings results at 8 a.m. on the same day.

The conference call will be accessible via phone and simultaneous webcast on the company's website with an accompanying slide presentation. A replay will be available from April 29 at 3 p.m. through May 13 at 3 p.m. Eastern Time.

TriMas operates through three main segments: TriMas Packaging, TriMas Aerospace, and Specialty Products. The company employs approximately 3,900 people across 13 countries, serving consumer products, aerospace, and industrial markets.