Research Analysts’ Weekly Ratings Updates for Toromont Industries (TIH)

Toromont Industries (TSE: TIH) has recently received a number of price target changes and ratings updates:

• 2/18/2026 – Toromont Industries had its price target raised by Scotiabank from C$181.00 to C$208.00.
• 2/17/2026 – Toromont Industries had its price target raised by TD Securities from C$195.00 to C$228.00. They now have a “buy” rating on the stock.
• 2/13/2026 – Toromont Industries had its price target raised by Canaccord Genuity Group Inc. from C$172.00 to C$200.00.
• 2/12/2026 – Toromont Industries had its price target raised by Royal Bank Of Canada from C$180.00 to C$207.00.
• 2/12/2026 – Toromont Industries had its price target raised by Raymond James Financial, Inc. from C$172.00 to C$180.00.
• 2/12/2026 – Toromont Industries had its price target raised by BMO Capital Markets from C$196.00 to C$210.00.
• 2/6/2026 – Toromont Industries had its price target raised by Canadian Imperial Bank of Commerce from C$172.00 to C$180.00.
• 2/4/2026 – Toromont Industries had its price target raised by TD Securities from C$180.00 to C$195.00.

Toromont Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Monday, January 5th were given a $0.52 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $2.08 annualized dividend and a dividend yield of 1.0%. Toromont Industries’s dividend payout ratio is currently 34.27%.

Insider Activity at Toromont Industries

In related news, insider Jennifer Cochrane sold 5,000 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was 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 ownership of the stock. 0.27% of the stock is currently owned by insiders.

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.