Mar. 20 at 10:52 AM
$TRS TriMas Corporation (TRS) has seen key developments as of March 20, 2025. In Q4 2024, reported on February 27, net sales rose 8.8% to
$228.1M from
$209.6M, driven by Aerospace (up 5%) and Packaging growth, though operating profit dipped to
$8.6M from
$11.6M. Full-year sales hit
$925M, up 3.5%, but operating profit fell to
$47.2M from
$65.4M. Leadership is transitioning, with CEO Thomas Amato exiting by June 2025; a successor search is underway. Activist Barington Capital (1.5% stake) pushed for a strategic review in January, suggesting a potential sale, and TriMas sold Arrow Engine in February, exiting oil and gas. Insider buying in March (e.g., Director Parker’s
$304K purchase) signals confidence. X chatter reflects optimism for a
$40 target amid takeover speculation, though some flag risks from a labor strike’s
$2.3M impact in Q3. Web data shows a 16% three-month stock drop, yet analysts forecast 9.7% revenue growth in 2025.