National Bank Financial Estimates TSE:TIH Q2 Earnings

Toromont Industries Ltd. (TSE:TIH) – Stock analysts at National Bank Financial cut their Q2 2025 earnings per share (EPS) estimates for Toromont Industries in a research report issued to clients and investors on Monday, July 14th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings per share of $1.51 for the quarter, down from their previous forecast of $1.59. The consensus estimate for Toromont Industries’ current full-year earnings is $6.59 per share. National Bank Financial also issued estimates for Toromont Industries’ Q3 2025 earnings at $1.56 EPS.

Several other brokerages also recently weighed in on TIH. BMO Capital Markets reduced their target price on Toromont Industries from C$130.00 to C$128.00 and set an “outperform” rating for the company in a research note on Friday, May 2nd. Scotiabank decreased their target price on shares of Toromont Industries from C$133.50 to C$128.00 and set a “sector perform” rating on the stock in a research note on Friday, May 2nd. TD Securities lowered their price target on shares of Toromont Industries from C$143.00 to C$136.00 and set a “buy” rating on the stock in a research report on Monday, May 5th. CIBC lowered their price objective on Toromont Industries from C$130.00 to C$120.00 and set a “neutral” rating for the company in a research report on Friday, May 2nd. Finally, Raymond James Financial lowered their target price on shares of Toromont Industries from C$130.00 to C$122.00 and set a “market perform” rating for the company in a research note on Friday, May 2nd. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$129.63.

Toromont Industries Trading Up 0.5%

Shares of TSE:TIH opened at C$129.65 on Wednesday. The company has a current ratio of 2.37, a quick ratio of 1.38 and a debt-to-equity ratio of 23.04. The business has a 50 day moving average of C$120.78 and a two-hundred day moving average of C$117.58. Toromont Industries has a 12-month low of C$107.32 and a 12-month high of C$134.88. The company has a market capitalization of C$10.57 billion, a PE ratio of 21.05, a PEG ratio of 3.72 and a beta of 0.68.

Insider Buying and Selling at Toromont Industries

In related news, Director David Allan Malinauskas sold 250 shares of the stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of C$118.71, for a total transaction of C$29,677.50. Following the completion of the sale, the director directly owned 600 shares of the company’s stock, valued at C$71,226. This trade represents a 29.41% decrease in their ownership of the stock. Also, Senior Officer Jennifer Cochrane sold 5,000 shares of Toromont Industries stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of C$120.00, for a total transaction of C$600,000.00. Over the last 90 days, insiders sold 15,450 shares of company stock valued at $1,818,938. Company insiders own 0.27% of the company’s stock.

Toromont Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Thursday, July 3rd were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend was Friday, June 6th. Toromont Industries’s payout ratio is currently 31.18%.

About Toromont Industries

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.