• $3.1B
    Market Cap
  • 82.83%
    1-Year Change
  • Oil & Gas Midstream
    Industry

Key Performance

More
  • Earnings Score: N/A
  • Momentum Score: 94
  • True Yield: N/A
  • Financial Health Score: N/A
TradeSmith Loading

Latest Research & News

3 Stocks That Just Announced Big Dividend Increases

Three companies have announced significant dividend increases, attracting income-focused investors amid geopolitical tensions and stable interest rates. HSBC announced a 350% dividend increase with a yield over 4%, Crown Holdings increased its dividend by 34.62% to 1.22% yield, and Torm A/S boosted its dividend by 34.62% to a 9.6% yield. These moves come as investors seek equity dividends due to lower fixed income returns.

03/12/2026, 11:37 AM • Investing

TORM plc -Major Shareholder Announcement

Oaktree Capital Group Holdings GP, LLC has informed TORM plc that OCM Njord Holdings S.à r.l. holds 23,839,575 shares, representing 23.39% of TORM's total share capital and voting rights. This major shareholder announcement is made in accordance with Danish Capital Markets Act section 30.

03/09/2026, 4:22 AM • Benzinga

Dry Bulk, Gas (LNG/LPG), and Tanker Shipping Industry Leaders Presenting at the 20th Annual Capital Link International Shipping Forum - Monday, March 9, 2026, New York City

Senior executives from leading dry bulk, gas (LNG/LPG), and tanker shipping companies will present at the 20th Annual Capital Link International Shipping Forum on March 9, 2026, in New York City. The event features panel discussions on shipping market trends, energy transition, global trade, ship finance, and strategic innovation, with participation from 23 major shipping companies and keynote remarks from U.S. Department of Energy and Greek maritime officials.

02/18/2026, 10:00 AM • GlobeNewswire

TORM plc: Major Shareholder Announcement

Oaktree Capital Management completed its acquisition of TORM shares to Hafnia Limited on December 22, 2025. Following the transaction, Oaktree holds 26.4 million A shares and Hafnia holds 14.2 million A shares out of 101.3 million total A shares. TORM's board will now determine the 'threshold date' to assess whether Oaktree has ceased to beneficially own at least one-third of issued shares, which would trigger the cessation of B director office, C share voting rights, and certain limitations on company actions.

12/23/2025, 3:10 AM • Benzinga

Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons

TORM plc released a report detailing securities transactions by directors, executive officers, and their associated persons, with a focus on transparency and regulatory compliance.

11/14/2025, 4:52 AM • Benzinga

TORM plc capital increase in connection with delivery of one LR2 vessel and exercise of Restricted Share Units as part of TORM's incentive program

TORM plc increased its share capital by 2,395,426 shares following the delivery of an LR2 vessel and exercise of Restricted Share Units as part of its incentive program, with new shares subject to a 40-day lock-up period.

11/12/2025, 4:03 AM • Benzinga

Announcement from TORM

Hafnia Limited announced that Oaktree Capital Management will sell approximately 14.1 million A shares in TORM, representing 14.45% of TORM's issued share capital at USD 22 per share, subject to definitive agreement and regulatory approvals.

09/03/2025, 9:52 AM • Benzinga

Why Torm Stock Popped Today

Torm reported strong Q2 2025 financial results, beating analyst expectations with $315.2 million revenue and $0.60 EPS. The company raised its full-year guidance for time charter equivalent earnings and EBITDA, though its dividend remains variable.

08/14/2025, 11:21 AM • The Motley Fool

Peers

Statistics

More
Day Range
$29.50
$30.46
$30.27
1-Year Range
$16.66
$34.87
$30.27
Latest Close$30.27
Change
+$0.86 (+2.84%)
Volume670,767
Market Cap$3.1B
Shares Outstanding102.4M
P/E (TTM)10.62
Diluted EPS (TTM)$2.85
Enterprise Value$2.9B

Information as of 06/22/2026

Company Profile

$3.1B
Market Cap
$286.0M
Net Income
Sector: Energy
Industry: Oil & Gas Midstream
120 Cannon Street, London, United Kingdom, EC4N 6AS
44 981 8726

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom and internationally. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, diesel, naphtha, and gas oil, as well as dirty petroleum products, such as residual fuels and crude oil. The Marine Engineering segment engages in developing and producing advanced and green marine equipment. TORM plc was founded in 1889 and is based in London, the United Kingdom.

Key Executives

  • Jacob Balslev Meldgaard
  • Andreas G. Jørgensen
  • Rasmus Johannes Skaun Hoffmann
  • Morten Agdrup
  • Mikael Bo Larsen

Current Ownership Distribution

  • Institutions1.1B (97.24%)
  • Mutual Funds30.5M (2.73%)
  • Insiders370,125 (0.03%)
  • Other0 (0.00%)