TORMTRMD
TRMD
About: TORM PLC operates as a shipping company. The company owns and operates product tankers. It is engaged in the transportation of refined oil products The company transports clean petroleum products including gasoline, jet fuel, naphtha, and diesel oil, as well as other clean products. Its segments include the Tanker segment, and Marine Engineering segment. The company derives maximum revenue from Tanker segment.
Employees: 479
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
107% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $5.2M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
5.49% less ownership
Funds ownership: 59.86% [Q4 2024] → 54.37% (-5.49%) [Q1 2025]
9% less funds holding
Funds holding: 116 [Q4 2024] → 106 (-10) [Q1 2025]
20% less capital invested
Capital invested by funds: $1.09B [Q4 2024] → $870M (-$220M) [Q1 2025]
21% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 28
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$23
23%
upside
Avg. target
$23
23%
upside
High target
$23
23%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Evercore ISI Group Jonathan Chappell | 23%upside $23 | Outperform Maintained | 22 Apr 2025 |
Financial journalist opinion
Based on 7 articles about TRMD published over the past 30 days
Neutral
PRNewsWire
1 week ago
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark , June 4, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD A) has increased its share capital by 11,236 A-shares (corresponding to a nominal value of USD 112.36) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share.
Neutral
PRNewsWire
1 week ago
TORM Acquires Full Ownership of ME Production to Accelerate Green Maritime Innovation
HELLERUP, Denmark , June 3, 2025 /PRNewswire/ -- TORM (Nasdaq: TRMD or TRMD A) expands its environmental and technical capabilities by acquiring full ownership of ME Production, a Danish specialist in advanced marine and energy equipment. Longstanding Partnership Becomes Full Ownership TORM A/S has acquired the remaining 25% ownership stake in ME Production (MEP) from founder and CEO Jens Peter Faldt.
Positive
The Motley Fool
1 week ago
Why Oil and Gas Stocks Rallied Today
Shares of major international oil and oil-related stocks such as TotalEnergies (TTE 2.68%), APA (APA 1.82%), and oil tanker company Torm plc (TRMD 4.00%) rallied on Monday, with the stocks up 2.6%, 4.4%, and 3.4%, respectively, as of 12:45 p.m. ET.
Neutral
PRNewsWire
3 weeks ago
TORM plc announces Capital Reduction and Cancellation of Treasury Shares
HELLERUP, Denmark , May 22, 2025 /PRNewswire/ -- TORM plc (Nasdaq: TRMD) (Nasdaq: TRMD A) (the Company) is pleased to announce that pursuant to an order issued by the High Court of Justice in England and Wales (the Court) dated 13 May 2025 confirming the reduction of the share premium account of TORM plc in the sum of USD180m (the Capital Reduction) (the Order), the Order and a statement of capital approved by the Court were duly registered by the Registrar of Companies on 15 May 2025. As part of the Order, the Court also approved the cancellation of 493,371 A-shares previously held as Treasury Shares (the Cancellation).
Neutral
PRNewsWire
3 weeks ago
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark , May 19, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD A) has increased its share capital by 151,581 A-shares (corresponding to a nominal value of USD 1,515.81) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share.
Neutral
PRNewsWire
3 weeks ago
Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons
HELLERUP, Denmark , May 19, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Exercise of restricted share units Price(s) and volume(s) Price(s) Volume(s) DKK 0.08/share 33,559 Aggregated information - Volume - Price 33,559 shares DKK 2,684.72 Date of the transaction 19 May 2025 Place of the transaction Outside a trading venue Contact: Mikael Bo Larsen, Head of Investor RelationsTel.: +45 5143 8002 About TORM TORM is one of the world's leading carriers of refined oil products.
Positive
Seeking Alpha
4 weeks ago
TORM plc: Navigating Macro Challenges, Solid Profits, Technical Optimism
I reiterate my buy rating on TORM, as shares remain materially undervalued despite ongoing macroeconomic and geopolitical uncertainty. TORM delivered solid Q1 results with stabilized freight rates, strong free cash flow, and a $0.40 dividend, supporting cautious optimism for 2025. Valuation remains attractive with a low P/E and high FCF yield, even after revising my intrinsic value lower due to weaker EPS outlook.
Positive
Seeking Alpha
1 month ago
TORM: Some Positive Developments And Cheap Valuation
TORM plc's stock is upgraded to "buy" due to stabilizing TCE rates, cooling trade tensions, and an aging fleet poised for retirement. The TCE rates, which were earlier declining continuously in 2024, have finally stabilized, indicating positive development for the shipping industry. European diesel demand rise and fleet dynamics favor TRMD, with vessel switching to dirty trade, reducing clean trade competition.
Neutral
Seeking Alpha
1 month ago
TORM plc (TRMD) Q1 2025 Earnings Call Transcript
TORM plc (NASDAQ:TRMD ) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants Jacob Meldgaard - Chief Executive Officer Kim Balle - Chief Financial Officer Conference Call Participants Jonathan Chappell - Evercore ISI Bendik Nyttingnes - Clarksons Securities Jaeyoung McGarry - Jefferies Operator Thank you for standing by. My name is Janice, and I will be your conference operator today.
Negative
Zacks Investment Research
1 month ago
TORM PLC (TRMD) Misses Q1 Earnings Estimates
TORM PLC (TRMD) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $2.26 per share a year ago.
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