Royal Bank Of Canada Issues Positive Forecast for Toromont Industries (TSE:TIH) Stock Price

Toromont Industries (TSE:TIH) had its price objective raised by Royal Bank Of Canada from C$180.00 to C$207.00 in a research note issued to investors on Thursday,BayStreet.CA reports.

Several other analysts have also commented on TIH. Scotiabank increased their price objective on Toromont Industries from C$171.00 to C$175.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Raymond James Financial upped their target price on Toromont Industries from C$172.00 to C$180.00 in a research report on Thursday. CIBC World Markets raised their price target on Toromont Industries from C$172.00 to C$180.00 in a report on Saturday, February 7th. Canadian Imperial Bank of Commerce boosted their price target on Toromont Industries from C$172.00 to C$180.00 in a research note on Friday, February 6th. Finally, BMO Capital Markets increased their price objective on shares of Toromont Industries from C$196.00 to C$210.00 in a research report on Thursday. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$186.11.

Toromont Industries Stock Up 1.0%

TSE:TIH opened at C$197.33 on Thursday. The company’s 50-day simple moving average is C$172.43 and its 200-day simple moving average is C$159.56. The company has a debt-to-equity ratio of 23.04, a quick ratio of 1.38 and a current ratio of 2.37. Toromont Industries has a fifty-two week low of C$107.32 and a fifty-two week high of C$199.77. The stock has a market capitalization of C$16.07 billion, a P/E ratio of 32.62, a P/E/G ratio of 3.72 and a beta of 0.52.

Toromont Industries (TSE:TIH) last posted its earnings results on Tuesday, February 10th. The company reported C$1.92 EPS for the quarter. The company had revenue of C$1.42 billion during the quarter. Toromont Industries had a net margin of 10.09% and a return on equity of 17.74%. On average, equities analysts anticipate that Toromont Industries will post 6.5892495 earnings per share for the current fiscal year.

Toromont Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Monday, January 5th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $2.08 dividend on an annualized basis and a yield of 1.1%. Toromont Industries’s dividend payout ratio (DPR) is currently 33.72%.

Insider Buying and Selling

In other news, insider Jennifer Cochrane sold 5,000 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of C$165.00, for a total value of C$825,000.00. Following the sale, the insider directly owned 12,012 shares of the company’s stock, valued at C$1,981,980. This represents a 29.39% decrease in their position. Insiders own 0.27% of the company’s stock.

Toromont Industries News Summary

Here are the key news stories impacting Toromont Industries this week:

• Positive Sentiment: Q4 results beat and continued cash returns — Toromont reported C$1.92 EPS on C$1.42B revenue, a 10.1% net margin and 17.7% ROE; the company also marked its 37th consecutive dividend increase, supporting the investment thesis for income and steady cash flow. MarketBeat: Q4 Results
• Positive Sentiment: Analyst support from BMO — BMO Capital Markets raised its price target to C$210, implying roughly mid-single-digit to ~6.6% upside from the recent price, which bolsters buy-side sentiment. BayStreet.CA: BMO PT Raise
• Positive Sentiment: Analyst support from RBC — RBC raised its target to C$207, indicating modest upside and reinforcing analyst confidence after the quarter. BayStreet.CA: RBC PT Raise
• Neutral Sentiment: Investor analysis and context — Recent coverage reviews Toromont’s valuation after the Q4 beat and dividend raise; useful for investors assessing whether current multiples (P/E ~32.6) still make sense given growth expectations. Yahoo Finance: Valuation Note
• Neutral Sentiment: Earnings call detail — The full Q4 earnings call transcript is available for investors wanting management commentary on margins, backlog and guidance; useful but not new price-specific news. Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Raymond James still below market — Although Raymond James raised its target to C$180, that level implies roughly an 8–9% downside versus the recent share price, introducing a divergent view that could limit near-term upside if other analysts follow. BayStreet.CA: Raymond James PT

Toromont Industries Company Profile

Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates primarily in Canada and derives a smaller portion of sales from the United States of America.