we have laid the foundation for sustainable sales and earnings growth through a disciplined approach to investment and capital allocation. through selective organic growth strategies such as product innovation, market penetration and geographic expansion, and bolt-on acquisitions, we provide our customers with highly-engineered solutions in a variety of growing and markets. trimas is listed on nasdaq (ticker: trs) and has more than 50 facilities in 16 countries globally. trimas corporation is a diversified designer, manufacturer and distributor of engineered and applied products that serve a variety of industrial, commercial and consumer end markets worldwide. trimas provides its customers with outstanding products and services that reflect the company's commitment to market leadership, innovation and operational excellence.
Company profile
Ticker
TRS
Exchange
Website
CEO
Thomas Amato
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Aarts Packaging B.V. • Allfast Fastening Systems, LLC • Arrow Engine Company • Haining Rieke Packaging Systems Co., Ltd. • Intertech Medical, LLC • Intertech Plastics, LLC • Mac Fasteners, Inc. • Martinic Engineering, Inc. • Monogram Aerospace Fasteners, Inc. • Norris Cylinder Company ...
IRS number
382687639
TRS stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
15 May 24
10-Q
2024 Q1
Quarterly report
30 Apr 24
8-K
Trimas Reports First Quarter 2024 Results
30 Apr 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
8-K
Departure of Directors or Certain Officers
20 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Trimas Reports Fourth Quarter and Full Year 2023 Results
29 Feb 24
10-Q
2023 Q3
Quarterly report
26 Oct 23
Transcripts
TRS
Earnings call transcript
2024 Q1
30 Apr 24
TRS
Earnings call transcript
2023 Q4
29 Feb 24
TRS
Earnings call transcript
2023 Q3
26 Oct 23
TRS
Earnings call transcript
2023 Q2
27 Jul 23
TRS
Earnings call transcript
2023 Q1
27 Apr 23
TRS
Earnings call transcript
2022 Q4
23 Feb 23
TRS
Earnings call transcript
2022 Q3
30 Oct 22
TRS
Earnings call transcript
2022 Q2
30 Jul 22
TRS
Earnings call transcript
2022 Q1
30 Apr 22
TRS
Earnings call transcript
2021 Q4
1 Mar 22
Latest ownership filings
4
Daniel P Tredwell
15 May 24
4
Herbert K Parker
8 May 24
4
Herbert K Parker
3 May 24
4
JEFFREY M GREENE
3 May 24
144
Notice of proposed sale of securities
1 May 24
4
Teresa Finley
11 Apr 24
4
Jodi F. Robin
15 Mar 24
4
Jill S. Stress
15 Mar 24
4
THOMAS A AMATO
15 Mar 24
4
Jeffrey A Fielkow
15 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 34.66 mm | 34.66 mm | 34.66 mm | 34.66 mm | 34.66 mm | 34.66 mm |
Cash burn (monthly) | 2.41 mm | 3.81 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 18.39 mm | 29.00 mm | n/a | n/a | n/a | n/a |
Cash remaining | 16.27 mm | 5.66 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 6.7 | 1.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
8.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 16 |
Opened positions | 2 |
Closed positions | 120 |
Increased positions | 6 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 82.66 bn |
Total shares | 3.27 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Allspring Global Investments | 3.07 mm | $77.76 bn |
Raymond James & Associates | 65.58 k | $1.66 bn |
First Hawaiian Bank | 28.76 k | $728.49 mm |
Jackson Square Capital | 23.81 k | $603.03 mm |
Mirae Asset Global Investments | 18.40 k | $466.15 mm |
Diversified Trust | 16.31 k | $413.23 mm |
Sendero Wealth Management | 16.02 k | $405.81 mm |
Arizona State Retirement System | 11.58 k | $293.32 mm |
Next Capital Management | 11.50 k | $291.30 mm |
SG Americas Securities | 8.11 k | $205.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 May 24 | Daniel P Tredwell | Common Stock | Buy | Acquire P | No | No | 26.796 | 80.897 | 2.17 k | 50,841.968 |
8 May 24 | Herbert K Parker | Common Stock | Buy | Acquire P | No | No | 26.2662 | 6,000 | 157.60 k | 51,157 |
7 May 24 | Herbert K Parker | Common Stock | Buy | Acquire P | No | No | 26.01 | 6,000 | 156.06 k | 45,157 |
6 May 24 | Herbert K Parker | Common Stock | Buy | Acquire P | No | No | 26.5228 | 6,100 | 161.79 k | 39,157 |
3 May 24 | Herbert K Parker | Common Stock | Buy | Acquire P | No | No | 26.3412 | 1,500 | 39.51 k | 33,057 |
2 May 24 | Herbert K Parker | Common Stock | Buy | Acquire P | No | No | 26.3123 | 1,500 | 39.47 k | 31,557 |
1 May 24 | Greene Jeffrey M | Common Stock | Sell | Dispose S | No | No | 26.012 | 4,000 | 104.05 k | 16,488 |
1 May 24 | Herbert K Parker | Common Stock | Buy | Acquire P | No | No | 25.9794 | 1,000 | 25.98 k | 30,057 |
9 Apr 24 | Finley Teresa | Common Stock | Grant | Acquire A | No | No | 26.23 | 1,096 | 28.75 k | 36,407.301 |
News
Over $34M Bet On This Industrial Stock? Check Out These 4 Stocks Insiders Are Buying
9 May 24
BWS Financial Maintains Buy on TriMas, Maintains $40 Price Target
1 May 24
TriMas Announces Planned Retirement Of Board Chairman Samuel Valenti III; Selects Herbert Parker As Chair Elect
20 Mar 24
TriMas FY2024 Outlook: Adj EPS $1.95-2.15 vs $2.32 Est; Sales $938.228M-965.034M vs $1.06B Est
29 Feb 24
TriMas Q4 2023 Adj EPS $0.37 Misses $0.53 Estimate, Sales $209.56M Miss $246.44M Estimate
29 Feb 24