Recent Investment Analysts’ Ratings Updates for Torm (TRMD)

Torm (NASDAQ: TRMD) has recently received a number of price target changes and ratings updates:

• 9/11/2026 – Torm was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 9/6/2026 – Torm was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 8/29/2026 – Torm was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 8/28/2026 – Torm was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 8/26/2026 – Torm had its “outperform” rating reaffirmed by Evercore Inc. They now have a $38.00 price target on the stock.
• 8/9/2026 – Torm was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 8/1/2026 – Torm was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 7/22/2026 – Torm had its “outperform” rating reaffirmed by Evercore Inc. They now have a $37.00 price target on the stock.

Torm Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be paid a $2.40 dividend. The ex-dividend date is Thursday, September 10th. This represents a $9.60 annualized dividend and a yield of 27.5%. This is a boost from Torm’s previous quarterly dividend of $0.70. Torm’s dividend payout ratio (DPR) is currently 115.32%.

TORM plc is an international product tanker company that transports refined oil products and other energy-related cargoes by sea. Its vessels carry products such as gasoline, jet fuel, diesel and other clean petroleum products between production, storage and consumption markets.

The company operates a fleet of product tankers across several size categories, including long-range, medium-range and Handysize vessels. TORM provides seaborne transportation services to oil companies, trading houses and other commercial customers, with operations serving major shipping routes and energy markets worldwide.

TORM traces its history to 1889 and is headquartered in Copenhagen, Denmark.