Torm (NASDAQ:TRMD) Sees Large Volume Increase – Should You Buy?

Posted by Geri Gentry on Oct 8th, 2026

Torm Plc (NASDAQ:TRMD – Get Free Report) shares saw unusually-strong trading volume on Thursday. Approximately 648,506 shares were traded during trading, a decline of 33% from the previous session’s volume of 968,866 shares. The stock last traded at $40.0830 and had previously closed at $38.92.

Analyst Ratings Changes

TRMD has been the topic of a number of analyst reports. Wall Street Zen raised Torm from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 19th. Evercore restated an “outperform” rating and set a $38.00 target price on shares of Torm in a research note on Wednesday, August 26th. Finally, Weiss Ratings cut shares of Torm from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Torm has an average rating of “Moderate Buy” and an average target price of $38.00.

Check Out Our Latest Analysis on Torm

Torm Stock Up 2.9%

The company has a quick ratio of 1.97, a current ratio of 2.27 and a debt-to-equity ratio of 0.33. The stock has a market cap of $4.09 billion, a PE ratio of 6.61 and a beta of 0.07. The firm has a fifty day moving average of $33.49 and a 200 day moving average of $31.01.

Torm (NASDAQ:TRMD – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $3.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.31 by ($0.06). The business had revenue of $662.80 million for the quarter, compared to analysts’ expectations of $499.01 million. Torm had a return on equity of 27.24% and a net margin of 35.51%.

Torm Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were paid a dividend of $2.40 per share. The ex-dividend date was Thursday, September 10th. This is a positive change from Torm’s previous quarterly dividend of $0.70. This represents a $9.60 annualized dividend and a yield of 24.0%. Torm’s dividend payout ratio (DPR) is presently 115.49%.

Insider Transactions at Torm

In other Torm news, CFO Kim Balle sold 20,000 shares of the stock in a transaction that occurred on Friday, September 18th. The shares were sold at an average price of $39.16, for a total value of $783,200.00. Following the transaction, the chief financial officer directly owned 23,043 shares in the company, valued at $902,363.88. This represents a 46.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 42,533 shares of company stock valued at $1,643,225 over the last three months. Corporate insiders own 0.37% of the company’s stock.

Institutional Trading of Torm

Several institutional investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Torm by 0.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,064,258 shares of the company’s stock valued at $86,032,000 after buying an additional 21,280 shares in the last quarter. Norges Bank purchased a new stake in Torm in the fourth quarter valued at $24,830,000. Sei Investments Co. purchased a new stake in Torm in the first quarter valued at $7,705,000. Marnell Management LLC acquired a new position in Torm in the fourth quarter valued at $4,815,000. Finally, Folketrygdfondet boosted its stake in Torm by 174.0% in the fourth quarter. Folketrygdfondet now owns 238,662 shares of the company’s stock valued at $4,673,000 after acquiring an additional 151,563 shares in the last quarter. Hedge funds and other institutional investors own 73.89% of the company’s stock.

Torm Company Profile

(Get Free Report)

TORM plc is a Denmark-based international shipping company that owns and operates product tankers. The company transports refined petroleum products, including gasoline, diesel, jet fuel and naphtha, as well as other clean petroleum and chemical products for customers worldwide.

TORM manages a fleet of tankers across several size classes, including medium-range and larger vessels. Its activities cover commercial and technical vessel management, chartering, and the transportation of liquid cargoes between major production, refining and consumption markets.

Founded in 1889, TORM has its roots in Denmark and has developed into a global product tanker operator serving routes across the Atlantic, Pacific, Middle East and Asia-Pacific regions.