Midwest Professional Planners LTD. Purchases 35,612 Shares of Torm Plc $TRMD

Posted by Stanley Muller on May 20th, 2026

Midwest Professional Planners LTD. boosted its position in shares of Torm Plc (NASDAQ:TRMD – Free Report) by 64.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 91,010 shares of the company’s stock after purchasing an additional 35,612 shares during the period. Midwest Professional Planners LTD. owned about 0.10% of Torm worth $1,782,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TRMD. Quarry LP bought a new position in Torm during the 3rd quarter valued at about $35,000. Tower Research Capital LLC TRC bought a new position in Torm during the 2nd quarter valued at about $46,000. Wexford Capital LP bought a new position in Torm during the 3rd quarter valued at about $120,000. Invesco Ltd. bought a new position in Torm during the 2nd quarter valued at about $190,000. Finally, PharVision Advisers LLC bought a new position in Torm during the 3rd quarter valued at about $214,000. 73.89% of the stock is owned by institutional investors.

Torm Trading Down 2.5%

Shares of NASDAQ TRMD opened at $31.68 on Wednesday. Torm Plc has a 1-year low of $15.79 and a 1-year high of $35.33. The company has a market cap of $3.23 billion, a PE ratio of 9.32 and a beta of 0.14. The company has a current ratio of 1.40, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average of $29.65 and a two-hundred day moving average of $25.38.

Torm (NASDAQ:TRMD – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported $1.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.15). Torm had a return on equity of 15.81% and a net margin of 24.45%.The company had revenue of $402.00 million during the quarter, compared to the consensus estimate of $297.43 million.

Torm Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 28th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date of this dividend is Thursday, May 28th. Torm’s payout ratio is 60.00%.

Wall Street Analysts Forecast Growth

TRMD has been the subject of several analyst reports. Wall Street Zen raised shares of Torm from a “buy” rating to a “strong-buy” rating in a report on Saturday. Pareto Securities downgraded shares of Torm from a “hold” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Torm in a research note on Friday, April 17th. Finally, Evercore set a $35.00 target price on shares of Torm in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

Check Out Our Latest Stock Report on TRMD

Torm Profile

(Free Report)

Torm A/S (NASDAQ: TRMD) is an international shipping company specializing in the transportation of refined petroleum products. The firm owns and operates a modern fleet of product tankers, including both Handysize and MR vessels, which are designed to carry a broad range of clean petroleum cargoes such as gasoline, jet fuel and diesel. Torm’s core business revolves around voyage and time-charter contracts with major oil companies, trading houses and other energy sector clients around the world.

The company’s fleet is deployed on global trade routes, with particular focus on major refining and consumption regions in Europe, North America and Asia.