Q3 EPS Forecast for Toromont Industries Lifted by Analyst

Key Points

• Analysts at National Bank Financial have increased Toromont Industries' Q3 2025 EPS forecast to $1.61, up from $1.56.
• CIBC and BMO Capital Markets raised their target prices for Toromont Industries, now set at C$148.00 and C$147.00 respectively.
• The company has announced a quarterly dividend of $0.52, representing an annual yield of 1.5%, payable on October 3rd.

Toromont Industries Ltd. (TSE:TIH - Free Report) - Research analysts at National Bank Financial boosted their Q3 2025 EPS estimates for Toromont Industries in a report released on Wednesday, July 30th. National Bank Financial analyst M. Sytchev now expects that the company will earn $1.61 per share for the quarter, up from their prior forecast of $1.56. The consensus estimate for Toromont Industries' current full-year earnings is $6.59 per share.

A number of other analysts have also issued reports on the company. CIBC raised their price target on Toromont Industries from C$129.00 to C$148.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. National Bankshares boosted their target price on Toromont Industries from C$130.00 to C$140.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Raymond James Financial upped their price target on Toromont Industries from C$122.00 to C$125.00 and gave the stock a "market perform" rating in a research note on Thursday, July 31st. Scotiabank upped their price target on Toromont Industries from C$132.00 to C$140.00 and gave the company a "sector perform" rating in a report on Thursday, July 31st. Finally, Canaccord Genuity Group decreased their price objective on Toromont Industries from C$134.00 to C$131.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of C$140.50.

Toromont Industries Trading Down 1.5%

TSE:TIH traded down C$2.14 on Monday, reaching C$141.50. 51,934 shares of the company's stock were exchanged, compared to its average volume of 148,278. The firm has a market capitalization of C$11.54 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 3.72 and a beta of 0.68. Toromont Industries has a 52-week low of C$107.32 and a 52-week high of C$143.75. The company has a quick ratio of 1.38, a current ratio of 2.37 and a debt-to-equity ratio of 23.04. The business has a fifty day moving average of C$126.19 and a 200-day moving average of C$119.79.

Toromont Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Friday, September 5th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 1.5%. Toromont Industries's dividend payout ratio is currently 31.18%.

Insider Buying and Selling at Toromont Industries

In related news, Senior Officer Jennifer Cochrane sold 5,000 shares of the business's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of C$116.00, for a total value of C$580,000.00. Also, Director David Allan Malinauskas sold 250 shares of the company's stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of C$118.71, for a total value of C$29,677.50. Following the completion of the transaction, the director owned 600 shares of the company's stock, valued at approximately C$71,226. This represents a 29.41% decrease in their position. In the last three months, insiders have sold 15,450 shares of company stock valued at $1,818,938. 0.27% of the stock is owned by company insiders.

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.