Toromont Industries (OTCMKTS:TMTNF) Sets New 1-Year High – What’s Next?

Posted by Stacy Sanders on Jan 16th, 2026

Toromont Industries Ltd. (OTCMKTS:TMTNF – Get Free Report)’s stock price reached a new 52-week high on Friday . The stock traded as high as $126.43 and last traded at $126.43, with a volume of 100 shares changing hands. The stock had previously closed at $122.93.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. CIBC reaffirmed a “neutral” rating on shares of Toromont Industries in a research report on Monday, October 20th. BMO Capital Markets reiterated an “outperform” rating on shares of Toromont Industries in a research report on Friday, October 31st. TD Securities restated a “buy” rating on shares of Toromont Industries in a research report on Monday, November 3rd. National Bankshares reaffirmed an “outperform” rating on shares of Toromont Industries in a report on Monday, November 3rd. Finally, Scotiabank restated a “sector perform” rating on shares of Toromont Industries in a research report on Friday, October 17th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on Toromont Industries

Toromont Industries Stock Up 3.8%

The stock’s fifty day simple moving average is $118.45 and its 200-day simple moving average is $109.60.

Toromont Industries Company Profile

(Get Free Report)

Toromont Industries Ltd. is a Canadian diversified industrial equipment and services company. Through its Toromont CAT division, it serves as a major dealer for Caterpillar machinery, offering sales, rentals, parts and service support for a wide range of heavy-duty equipment. Products include earth-moving, paving and compaction machinery, material handling equipment and power generation systems tailored to the needs of construction, mining, forestry, marine and energy sectors.

The company’s CIMCO Refrigeration business provides design-build, installation and maintenance of industrial and commercial refrigeration systems.