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TORM plc (TRMD)

USD29.06 -0.36 (-1.24%)
GB NASDAQ Energy Oil & Gas Midstream
Address Birchin Court EC3V 9DU
London, GB
CEO Jacob Balslev Meldgaard
Website torm.com
IPO 2018-02-23
CIK 1655891 ISIN GB00BZ3CNK81

Explore sections of this company profile

Also trades on London Stock Exchange · 0RG4.L (DKK) NASDAQ Copenhagen · TRMD-A.CO (DKK) NASDAQ Global Select · TRMD (USD)
Description

TORM plc operates as a global product tanker company, focusing on the marine transportation of refined petroleum products, such as gasoline, jet fuel, and naphtha, alongside crude oil. As of March 23, 2022, the company maintained an active fleet of approximately 85 vessels. Established in 1889, its main office is situated in London, United Kingdom.

News Sentiment (7d)
50 Neutral

Based on only 1 article — low confidence

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD29.06 -0.36 (-1.24%)
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Volume Profile
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Liquidity & share structure
Average Volume
918.1K
Beta
0.01
Float Shares
63.12M
Free Float %
61.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.49% -7.11% +5.71% +24.05% +40.11% +63.59% +76.96% +18.45% +248.15% +321.45% +321.45%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (3 ratings, all time) Buy
Price Targets & DCF
Current price
29.06
Low 35.00 +20.4%
Consensus 35.00 +20.4%
Median 35.00 +20.4%
High 35.00 +20.4%
DCF (Unlevered) 103.24 +255.2%
DCF (Levered) 52.18 +79.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 1 +1
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 1
35.00
+20.4%
Last Quarter 2
34.50
+18.7%
Last Year 3
30.67
+5.5%
All Time 4
34.25
+17.9%
Quality scores
Altman Z-Score
3.16
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Midstream: +6.6%
    -10.9% Q1'26: +20.3% (vs Q1'25)
  • EPS growth Oil & Gas Midstream: +17.6%
    -53.5% Q1'26: +88.7% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Midstream: +25.7%
    +18.9% Q1'26: -11.8% (vs Q1'25)
  • EBIT margin Oil & Gas Midstream: +30.0%
    +27.6% Q1'26: +34.1% (vs Q1'25)
  • ROIC Oil & Gas Midstream: +7.6%
    +12.2% Q1'26: +16.9% (vs Q1'25)
  • Share dilution Oil & Gas Midstream: +0.0%
    +4.0% Q1'26: +2.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Midstream: 2.41×
    1.67× Q1'26: 1.39× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.12) × ERP
WACC = 76% × Ke + 24% × Kd (7.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 103.24 Current price: 29.06
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
1 EPS Ana.
Dec 2027
5 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
540.40M
est: 655.82M (-17.6%)
680.14M
est: 680.12M (+0.0%)
656.99M
est: 662.25M (-0.8%)
635.37M
est: 355.15M (+78.9%)
692.61M
est: 430.80M (+60.8%)
747.36M
est: 581.99M (+28.4%)
619.53M
est: 375.64M (+64.9%)
1.44B
est: 960.74M (+50.2%)
1.52B
est: 1.13B (+34.5%)
1.56B
est: 1.15B (+35.9%)
1.39B
est: 902.57M (+54.0%)
1.41B
1.27B – 1.53B
+55.7% YoY
986.40M
898.05M – 1.09B
-29.8% YoY
840.76M
762.30M – 915.75M
-14.8% YoY
1.02B
926.60M – 1.11B
+21.6% YoY
EBITDA
209.25M
est: 288.38M (-27.4%)
14.42M
est: 299.06M (-95.2%)
170.32M
est: 291.20M (-41.5%)
119.61M
est: 156.17M (-23.4%)
316.23M
est: 189.43M (+66.9%)
258.55M
est: 255.91M (+1.0%)
132.49M
est: 165.17M (-19.8%)
744.40M
est: 422.45M (+76.2%)
857.40M
est: 497.02M (+72.5%)
871.80M
est: 525.18M (+66.0%)
605.53M
est: 413.08M (+46.6%)
643.29M
583.26M – 700.68M
+55.7% YoY
451.44M
411.01M – 500.57M
-29.8% YoY
384.79M
348.88M – 419.11M
-14.8% YoY
467.72M
424.07M – 509.44M
+21.6% YoY
EBIT
143.95M
est: 197.61M (-27.2%)
-112.13M
est: 204.93M (-154.7%)
48.59M
est: 199.55M (-75.7%)
2.48M
est: 107.01M (-97.7%)
206.11M
est: 129.81M (+58.8%)
136.63M
est: 175.37M (-22.1%)
1.64M
est: 113.19M (-98.6%)
605.40M
est: 289.49M (+109.1%)
708.10M
est: 340.59M (+107.9%)
679.80M
est: 367.06M (+85.2%)
382.97M
est: 288.71M (+32.7%)
449.61M
407.65M – 489.71M
+55.7% YoY
315.52M
287.26M – 349.86M
-29.8% YoY
268.93M
243.84M – 292.92M
-14.8% YoY
326.89M
296.39M – 356.05M
+21.6% YoY
Net Income
125.98M
est: 229.77M (-45.2%)
-142.49M
est: 60.41M (-335.9%)
2.41M
est: -4.40M (+154.7%)
-34.78M
est: -46.54M (+25.3%)
166.02M
est: 65.16M (+154.8%)
88.11M
est: 143.49M (-38.6%)
-42.09M
est: -50.40M (+16.5%)
562.80M
est: 625.91M (-10.1%)
648.30M
est: 716.05M (-9.5%)
612.50M
est: 609.56M (+0.5%)
296.02M
est: 268.98M (+10.1%)
714.27M
627.62M – 797.10M
+165.5% YoY
368.12M
323.46M – 410.81M
-48.5% YoY
227.43M
199.84M – 253.80M
-38.2% YoY
427.07M
375.26M – 476.59M
+87.8% YoY
SGA
19.49M
est: 40.01M (-51.3%)
41.41M
est: 41.50M (-0.2%)
45.01M
est: 40.41M (+11.4%)
47.83M
est: 21.67M (+120.7%)
47.72M
est: 26.29M (+81.6%)
50.77M
est: 35.51M (+43.0%)
51.54M
est: 22.92M (+124.9%)
55.00M
est: 58.62M (-6.2%)
82.90M
est: 68.97M (+20.2%)
95.60M
est: 74.01M (+29.2%)
118.60M
est: 58.21M (+103.7%)
90.65M
82.19M – 98.74M
+55.7% YoY
63.62M
57.92M – 70.54M
-29.8% YoY
54.22M
49.16M – 59.06M
-14.8% YoY
65.91M
59.76M – 71.79M
+21.6% YoY
EPS
2.40
est: 2.39 (+0.6%)
-2.27
est: 0.63 (-461.8%)
0.04
est: -0.05 (+187.5%)
-0.48
est: -0.48 (+0.7%)
2.25
est: 0.68 (+232.5%)
1.27
est: 1.49 (-14.8%)
-0.54
est: -0.52 (-3.2%)
7.03
est: 6.50 (+8.2%)
7.75
est: 7.44 (+4.2%)
6.54
est: 6.09 (+7.4%)
3.01
est: 2.69 (+12.0%)
7.14
6.27 – 7.96
+165.5% YoY
3.68
3.23 – 4.10
-48.5% YoY
2.27
2.00 – 2.54
-38.2% YoY
4.27
3.75 – 4.76
+87.8% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-04-22 Evercore ISI Group Outperform Outperform Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-14 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-13 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-12 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-05-11 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-05-08 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-05-07 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-05-06 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-05-05 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-05-04 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-05-01 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-04-30 A 4/5 4/5 4/5 5/5 2/5 4/5 4/5
2026-04-29 A 4/5 4/5 4/5 5/5 2/5 3/5 4/5
2026-04-28 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-04-27 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-04-24 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-23 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-22 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-21 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-20 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-17 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-16 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
12.72M
OE per share TTM
0.11
Owner's Yield
0.39%
Maintenance CapEx ratio
44.46%
Maint CapEx / Avg PPE
190.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
60
Total invested
120.76M
Insider transactions (90d)
7
Beneficial owners (>5%)
1
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 10.0 4.18M 5.60% 4.18M 4.18M HC Delaware 2019-02-14

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
60
-59 vs prev Q
New positions
18
Closed positions
74
Increased
38
Reduced
9
Put/Call ratio
52.14
Calls held
700.00
Puts held
36.5K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 OCEANIC INVESTMENT MANAGEMENT LTD 46.2K +46.2K (+100.0%) 905.30M +905.3M (+100.0%) 0.05% +0.047 pp 0.95% +0.948 pp USD19.58 +0.0% 1 qtrs NEW
2 OAKTREE CAPITAL MANAGEMENT LP 26.43M -14.2M (-34.9%) 527.29M -307.3M (-36.8%) 26.96% -14.530 pp 7.50% -4.885 pp USD6.59 +197.1% 30 qtrs
3 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 3.04M -821.0 (0.0%) 59.96M -2.7M (-4.3%) 3.11% -0.007 pp 0.04% -0.004 pp USD24.56 -20.3% 14 qtrs
4 VANGUARD GROUP INC 2.34M +11.5K (+0.5%) 46.63M -1.3M (-2.8%) 2.39% +0.007 pp 0.00% +0.000 pp USD23.18 -15.5% 27 qtrs
5 NORGES BANK 1.25M +1.2M (+100.0%) 24.83M +24.8M (+100.0%) 1.27% +1.271 pp 0.00% +0.003 pp USD19.58 +0.0% 1 qtrs NEW
6 FIL LTD 641.6K +— (+0.0%) 12.81M -373.6K (-2.8%) 0.65% -0.001 pp 0.01% -0.001 pp USD7.40 +164.6% 32 qtrs
7 RENAISSANCE TECHNOLOGIES LLC 536.4K +110.0K (+25.8%) 10.50M +1.7M (+19.5%) 0.55% +0.111 pp 0.02% +0.005 pp USD22.85 -14.3% 15 qtrs
8 MILLENNIUM MANAGEMENT LLC 252.8K +137.6K (+119.5%) 4.95M +2.6M (+108.5%) 0.26% +0.140 pp 0.00% +0.001 pp USD20.05 -2.3% 2 qtrs
9 245.9K +245.9K (+100.0%) 4.81M +4.8M (+100.0%) 0.25% +0.251 pp 2.34% +2.336 pp USD19.58 +0.0% 1 qtrs NEW
10 FOLKETRYGDFONDET 238.7K +151.6K (+174.0%) 4.67M +2.9M (+160.2%) 0.24% +0.155 pp 0.11% +0.067 pp USD19.96 -1.9% 2 qtrs
11 QUBE RESEARCH & TECHNOLOGIES LTD 216.9K +114.6K (+112.0%) 4.25M +2.1M (+101.3%) 0.22% +0.117 pp 0.00% +0.002 pp USD21.20 -7.6% 6 qtrs
12 BARCLAYS PLC 216.2K -168.1K (-43.7%) 4.23M -8.9M (-67.8%) 0.22% -0.172 pp 0.00% -0.002 pp USD20.48 -4.4% 32 qtrs
13 CASTLEKNIGHT MANAGEMENT LP 202.9K +— (+0.0%) 3.97M -211.0K (-5.0%) 0.21% 0.000 pp 0.09% +0.006 pp USD16.63 +17.7% 4 qtrs
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 199.6K -137.0K (-40.7%) 3.91M -3.0M (-43.7%) 0.20% -0.141 pp 0.00% 0.000 pp USD21.19 -7.6% 14 qtrs
15 UBS GROUP AG 161.6K -85.9K (-34.7%) 3.16M -1.9M (-38.0%) 0.16% -0.088 pp 0.00% 0.000 pp USD19.65 -0.4% 32 qtrs
16 DEUTSCHE BANK AG\ 148.8K +5.0K (+3.5%) 2.91M -52.2K (-1.8%) 0.15% +0.005 pp 0.00% +0.000 pp USD25.12 -22.1% 15 qtrs
17 GOLDMAN SACHS GROUP INC 132.3K -171.4K (-56.4%) 2.59M -3.7M (-58.6%) 0.14% -0.176 pp 0.00% 0.000 pp USD17.46 +12.1% 17 qtrs
18 VOLORIDGE INVESTMENT MANAGEMENT, LLC 128.8K +118.4K (+1,134.7%) 2.52M +2.3M (+1,072.4%) 0.13% +0.121 pp 0.01% +0.008 pp USD19.66 -0.4% 2 qtrs
19 MOORE CAPITAL MANAGEMENT, LP 125.0K +13.1K (+11.7%) 2.45M +140.9K (+6.1%) 0.13% +0.013 pp 0.04% +0.004 pp USD20.51 -4.5% 2 qtrs
20 POINT72 ASSET MANAGEMENT, L.P. 122.5K +122.5K (+100.0%) 2.40M +2.4M (+100.0%) 0.13% +0.125 pp 0.00% +0.003 pp USD19.58 +0.0% 1 qtrs NEW
21 SWISS NATIONAL BANK 116.4K +2.6K (+2.3%) 2.32M -16.5K (-0.7%) 0.12% +0.002 pp 0.00% +0.000 pp USD20.06 -2.4% 32 qtrs
22 TWO SIGMA INVESTMENTS, LP 113.2K +100.9K (+820.0%) 2.22M +2.0M (+773.6%) 0.12% +0.103 pp 0.00% +0.003 pp USD19.69 -0.6% 2 qtrs
23 D. E. SHAW & CO., INC. 104.2K +104.2K (+100.0%) 2.04M +2.0M (+100.0%) 0.11% +0.106 pp 0.00% +0.001 pp USD19.58 +0.0% 1 qtrs NEW
24 JANE STREET GROUP, LLC 101.0K +26.1K (+34.9%) 2.02M +478.3K (+31.1%) 0.10% +0.027 pp 0.00% +0.000 pp USD20.19 -3.0% 9 qtrs
25 GEODE CAPITAL MANAGEMENT, LLC 99.9K +10.0K (+11.1%) 1.96M +102.1K (+5.5%) 0.10% +0.010 pp 0.00% +0.000 pp USD17.79 +10.1% 23 qtrs
26 UNIVERSAL- BETEILIGUNGS- UND SERVICEGESELLSCHAFT MBH 91.3K +67.0K (+275.8%) 1.78M +1.3M (+256.3%) 0.09% +0.068 pp 0.00% +0.002 pp USD18.75 +4.4% 4 qtrs
27 MIDWEST PROFESSIONAL PLANNERS, LTD. 91.0K +35.6K (+64.3%) 1.78M +639.7K (+56.0%) 0.09% +0.036 pp 0.42% +0.143 pp USD26.64 -26.5% 8 qtrs
28 LEGAL & GENERAL GROUP PLC 88.2K +4.1K (+4.8%) 1.76M +29.4K (+1.7%) 0.09% +0.004 pp 0.00% +0.000 pp USD32.17 -39.1% 8 qtrs
29 CORIGLIANO INVESTMENT ADVISERS, LLC 76.7K -48.7K (-38.8%) 1.50M -1.1M (-41.9%) 0.08% -0.050 pp 0.53% -0.300 pp USD16.66 +17.5% 3 qtrs
30 DEKABANK DEUTSCHE GIROZENTRALE 38.0K +— (+0.0%) 1.45M +671.0K (+86.0%) 0.04% 0.000 pp 0.00% +0.001 pp USD27.82 -29.6% 10 qtrs
31 XTX TOPCO LTD 65.9K +65.9K (+100.0%) 1.29M +1.3M (+100.0%) 0.07% +0.067 pp 0.03% +0.034 pp USD19.58 +0.0% 1 qtrs NEW
32 SBI SECURITIES CO., LTD. 63.5K -3.3K (-5.0%) 1.24M -134.5K (-9.8%) 0.06% -0.004 pp 0.03% -0.003 pp USD18.89 +3.7% 5 qtrs
33 EXCHANGE TRADED CONCEPTS, LLC 61.3K +9.1K (+17.4%) 1.20M +123.9K (+11.5%) 0.06% +0.009 pp 0.01% +0.000 pp USD19.03 +2.9% 5 qtrs
34 PSI ADVISORS, LLC 59.7K +3.7K (+6.6%) 1.17M +14.3K (+1.2%) 0.06% +0.004 pp 0.29% -0.004 pp USD20.56 -4.8% 9 qtrs
35 MACKENZIE FINANCIAL CORP 54.3K +8.6K (+18.8%) 1.08M +142.8K (+15.2%) 0.06% +0.009 pp 0.00% +0.000 pp USD21.83 -10.3% 10 qtrs
36 CITADEL ADVISORS LLC 49.2K -40.8K (-45.3%) 963.3K -892.5K (-48.1%) 0.05% -0.042 pp 0.00% 0.000 pp USD17.32 +13.0% 14 qtrs
37 TWEEDY, BROWNE CO LLC 48.6K +8.6K (+21.5%) 951.5K +126.5K (+15.3%) 0.05% +0.009 pp 0.08% +0.005 pp USD18.88 +3.7% 3 qtrs
38 NUVEEN, LLC 46.7K +— (+0.0%) 932.4K -28.6K (-3.0%) 0.05% 0.000 pp 0.00% +0.000 pp USD16.48 +18.8% 4 qtrs
39 TWO SIGMA ADVISERS, LP 45.9K +15.8K (+52.5%) 898.7K +278.1K (+44.8%) 0.05% +0.016 pp 0.00% +0.001 pp USD26.95 -27.3% 20 qtrs
40 RAYMOND JAMES FINANCIAL INC 45.8K +4.6K (+11.1%) 897.1K +47.0K (+5.5%) 0.05% +0.005 pp 0.00% +0.000 pp USD18.71 +4.6% 3 qtrs
41 MORGAN STANLEY 45.7K -73.9K (-61.8%) 895.5K -1.6M (-63.7%) 0.05% -0.076 pp 0.00% 0.000 pp USD26.31 -25.6% 19 qtrs
42 MARINER, LLC 44.3K -351.0 (-0.8%) 867.9K -53.4K (-5.8%) 0.05% -0.001 pp 0.00% 0.000 pp USD20.95 -6.5% 14 qtrs
43 BANK OF AMERICA CORP /DE/ 42.1K -21.7K (-34.0%) 824.4K -491.8K (-37.4%) 0.04% -0.022 pp 0.00% +0.000 pp USD18.17 +7.8% 32 qtrs
44 BOOTHBAY FUND MANAGEMENT, LLC 40.5K -36.2K (-47.2%) 803.1K -775.4K (-49.1%) 0.04% -0.037 pp 0.01% -0.011 pp USD20.62 -5.0% 2 qtrs
45 MAREX GROUP PLC 40.8K +40.8K (+100.0%) 798.4K +798.4K (+100.0%) 0.04% +0.042 pp 0.01% +0.005 pp USD19.58 +0.0% 1 qtrs NEW
46 MARSHALL WACE, LLP 37.6K +57.0 (+0.2%) 736.4K -37.9K (-4.9%) 0.04% +0.000 pp 0.00% 0.000 pp USD20.62 -5.0% 2 qtrs
47 ROYAL BANK OF CANADA 36.5K -51.7K (-58.6%) 714.0K -1.1M (-60.7%) 0.04% -0.053 pp 0.00% 0.000 pp USD17.44 +12.3% 13 qtrs
48 SQUAREPOINT OPS LLC 32.5K +32.5K (+100.0%) 636.5K +636.5K (+100.0%) 0.03% +0.033 pp 0.00% +0.001 pp USD19.58 +0.0% 4 qtrs
49 QUADRATURE CAPITAL LTD 32.5K +32.5K (+100.0%) 635.8K +635.8K (+100.0%) 0.03% +0.033 pp 0.01% +0.007 pp USD19.58 +0.0% 1 qtrs NEW
50 JUMP FINANCIAL, LLC 32.2K +32.2K (+100.0%) 630.2K +630.2K (+100.0%) 0.03% +0.033 pp 0.01% +0.008 pp USD19.58 +0.0% 1 qtrs NEW
51 KOVACK ADVISORS, INC. 31.8K +21.2K (+198.5%) 623.0K +403.3K (+183.5%) 0.03% +0.022 pp 0.03% +0.008 pp USD18.62 +5.2% 10 qtrs
52 VANGUARD PERSONALIZED INDEXING MANAGEMENT, LLC 31.4K +477.0 (+1.5%) 614.6K -22.8K (-3.6%) 0.03% +0.000 pp 0.01% -0.001 pp USD17.89 +9.4% 15 qtrs
53 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 30.8K -260.0 (-0.8%) 611.0K -28.6K (-4.5%) 0.03% 0.000 pp 0.00% 0.000 pp USD16.50 +18.7% 4 qtrs
54 PERSISTENT ASSET PARTNERS LTD 30.0K +30.0K (+100.0%) 598.6K +598.6K (+100.0%) 0.03% +0.031 pp 0.27% +0.269 pp USD19.58 +0.0% 1 qtrs NEW
55 SCHONFELD STRATEGIC ADVISORS LLC 28.2K +13.9K (+97.5%) 551.7K +257.5K (+87.5%) 0.03% +0.014 pp 0.00% +0.001 pp USD20.11 -2.6% 2 qtrs
56 LPL FINANCIAL LLC 27.8K +4.6K (+19.7%) 544.9K +65.6K (+13.7%) 0.03% +0.005 pp 0.00% +0.000 pp USD29.11 -32.7% 10 qtrs
57 MOODY ALDRICH PARTNERS LLC 27.3K +— (+0.0%) 544.1K -16.7K (-3.0%) 0.03% 0.000 pp 0.10% -0.005 pp USD20.62 -5.0% 2 qtrs
58 GLENORCHY CAPITAL LTD 27.7K +1.2K (+4.5%) 541.6K -4.0K (-0.7%) 0.03% +0.001 pp 0.03% -0.047 pp USD29.05 -32.6% 9 qtrs
59 COMMONS CAPITAL, LLC 27.0K +— (+0.0%) 528.7K -28.1K (-5.0%) 0.03% 0.000 pp 0.35% -0.008 pp USD16.66 +17.5% 3 qtrs
60 QUANTBOT TECHNOLOGIES LP 23.7K +23.7K (+100.0%) 464.5K +464.5K (+100.0%) 0.02% +0.024 pp 0.02% +0.015 pp USD19.58 +0.0% 1 qtrs NEW
61 STATE OF WYOMING 22.2K +9.9K (+80.3%) 434.9K +180.8K (+71.2%) 0.02% +0.010 pp 0.05% +0.019 pp USD20.16 -2.9% 2 qtrs
62 ATOMI FINANCIAL GROUP, INC. 21.5K -2.9K (-11.8%) 421.8K -81.7K (-16.2%) 0.02% -0.003 pp 0.01% -0.004 pp USD27.26 -28.2% 9 qtrs
63 JPMORGAN CHASE & CO 20.9K +20.9K (+100.0%) 408.6K +408.6K (+100.0%) 0.02% +0.021 pp 0.00% +0.000 pp USD19.58 +0.0% 18 qtrs
64 AQR CAPITAL MANAGEMENT LLC 18.2K +18.2K (+100.0%) 362.6K +362.6K (+100.0%) 0.02% +0.019 pp 0.00% +0.000 pp USD19.58 +0.0% 1 qtrs NEW
65 NEWEDGE ADVISORS, LLC 18.5K +351.0 (+1.9%) 361.4K -12.0K (-3.2%) 0.02% +0.000 pp 0.00% 0.000 pp USD23.20 -15.6% 10 qtrs
66 FOX RUN MANAGEMENT, L.L.C. 18.0K -23.4K (-56.4%) 353.4K -501.1K (-58.6%) 0.02% -0.024 pp 0.05% -0.079 pp USD20.03 -2.2% 5 qtrs
67 VIRTU FINANCIAL LLC 17.2K +1.1K (+6.7%) 336.0K +4.0K (+1.2%) 0.02% +0.001 pp 0.01% -0.006 pp USD17.30 +13.2% 10 qtrs
68 ZURCHER KANTONALBANK (ZURICH CANTONALBANK) 16.1K +1.7K (+12.1%) 320.7K +25.8K (+8.8%) 0.02% +0.002 pp 0.00% +0.000 pp USD19.13 +2.4% 17 qtrs
69 PRELUDE CAPITAL MANAGEMENT, LLC 15.3K -16.6K (-52.1%) 302.6K -354.0K (-53.9%) 0.02% -0.017 pp 0.02% -0.029 pp USD20.62 -5.0% 2 qtrs
70 INVESCO LTD. 15.1K +2.1K (+16.0%) 295.8K +27.4K (+10.2%) 0.02% +0.002 pp 0.00% +0.000 pp USD17.49 +11.9% 3 qtrs
71 PICTET ASSET MANAGEMENT HOLDING SA 14.7K +14.7K (+100.0%) 294.0K +294.0K (+100.0%) 0.02% +0.015 pp 0.00% +0.000 pp USD19.58 +0.0% 1 qtrs NEW
72 TD WATERHOUSE CANADA INC. 14.5K +1.2K (+9.0%) 283.7K +14.0 (+0.0%) 0.01% +0.001 pp 0.00% 0.000 pp USD28.83 -32.1% 13 qtrs
73 Y-INTERCEPT (HONG KONG) LTD 14.5K +14.5K (+100.0%) 283.1K +283.1K (+100.0%) 0.01% +0.015 pp 0.01% +0.006 pp USD19.58 +0.0% 1 qtrs NEW
74 AMUNDI 14.3K +14.3K (+100.0%) 279.3K +279.3K (+100.0%) 0.01% +0.015 pp 0.00% +0.000 pp USD19.58 +0.0% 1 qtrs NEW
75 CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. 14.0K -8.5K (-37.8%) 274.0K -189.0K (-40.8%) 0.01% -0.009 pp 0.00% -0.001 pp USD18.67 +4.9% 7 qtrs
76 WELLS FARGO & COMPANY/MN 13.7K -88.4K (-86.6%) 267.8K -1.8M (-87.3%) 0.01% -0.091 pp 0.00% 0.000 pp USD21.43 -8.6% 13 qtrs
77 MITSUBISHI UFJ TRUST & BANKING CORP 13.3K -3.7K (-21.9%) 261.8K -88.2K (-25.2%) 0.01% -0.004 pp 0.00% 0.000 pp USD19.29 +1.5% 7 qtrs
78 TREXQUANT INVESTMENT LP 13.3K +13.3K (+100.0%) 261.2K +261.2K (+100.0%) 0.01% +0.014 pp 0.00% +0.002 pp USD19.58 +0.0% 9 qtrs
79 CETERA INVESTMENT ADVISERS 12.8K +2.6K (+25.8%) 250.9K +40.9K (+19.5%) 0.01% +0.003 pp 0.00% +0.000 pp USD17.14 +14.2% 4 qtrs
80 SAVANT CAPITAL, LLC 10.4K +10.4K (+100.0%) 203.0K +203.0K (+100.0%) 0.01% +0.011 pp 0.00% +0.001 pp USD19.58 +0.0% 1 qtrs NEW
81 VIRTUS ETF ADVISERS LLC 9.9K +7.7K (+356.4%) 193.0K +148.5K (+333.4%) 0.01% +0.008 pp 0.09% +0.067 pp USD19.81 -1.2% 2 qtrs
82 FARTHER FINANCE ADVISORS, LLC 8.3K +8.0 (+0.1%) 162.8K -8.5K (-5.0%) 0.01% +0.000 pp 0.00% -0.001 pp USD38.24 -48.8% 7 qtrs
83 AQUATIC CAPITAL MANAGEMENT LLC 6.0K +6.0K (+100.0%) 117.2K +117.2K (+100.0%) 0.01% +0.006 pp 0.00% +0.003 pp USD19.58 +0.0% 8 qtrs
84 CITIGROUP INC 5.0K -9.3K (-65.2%) 99.0K -194.6K (-66.3%) 0.01% -0.010 pp 0.00% 0.000 pp USD25.51 -23.2% 16 qtrs
85 ADVISOR GROUP HOLDINGS, INC. 4.5K +12.0 (+0.3%) 89.0K -9.1K (-9.3%) 0.00% +0.000 pp 0.00% +0.000 pp USD23.26 -15.8% 14 qtrs
86 JONES FINANCIAL COMPANIES LLLP 2.9K -652.0 (-18.6%) 56.0K -18.9K (-25.2%) 0.00% -0.001 pp 0.00% +0.000 pp USD27.97 -30.0% 7 qtrs
87 WALLEYE TRADING LLC 2.0K -300.0 (-13.0%) 39.2K -8.3K (-17.4%) 0.00% 0.000 pp 0.00% +0.000 pp USD20.62 -5.0% 4 qtrs
88 TOWER RESEARCH CAPITAL LLC (TRC) 1.7K +1.5K (+748.2%) 32.4K +28.4K (+705.4%) 0.00% +0.002 pp 0.00% +0.001 pp USD19.24 +1.8% 18 qtrs
89 WALLEYE CAPITAL LLC 1.5K -19.9K (-93.0%) 29.4K -411.9K (-93.3%) 0.00% -0.020 pp 0.00% -0.002 pp USD20.62 -5.0% 2 qtrs
90 GLOBAL RETIREMENT PARTNERS, LLC 768.00 +— (+0.0%) 15.0K -799.0 (-5.0%) 0.00% +0.000 pp 0.00% 0.000 pp USD16.66 +17.5% 3 qtrs
91 RUSSELL INVESTMENTS GROUP, LTD. 647.00 -4.4K (-87.1%) 12.9K -90.0K (-87.5%) 0.00% -0.005 pp 0.00% 0.000 pp USD20.62 -5.0% 2 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Virtus U.S. Dividend ETF VUS 1.17% 208.6K 0.25%
2 Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF PDN 0.12% 422.1K 0.47%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
1
Sells
0
Shares acquired
225.2K
Shares disposed
Cash buys
Cash sales
Net activity
+225,200
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2029-01-01 Jensen Jesper Sondergaard Officer Restricted Stock Units 42,533 0.00 0 D
2029-01-01 Christensen Lars Officer Restricted Stock Units 42,533 0.00 0 D
2029-01-01 Balle Kim Officer Restricted Stock Units 42,533 0.00 0 D
2028-10-01 Jensen Jesper Sondergaard Officer Restricted Stock Units 127,500 0.01 1.3K 0 D
2028-10-01 Christensen Lars Officer Restricted Stock Units 127,500 0.01 1.3K 0 D
2028-10-01 Balle Kim Officer Restricted Stock Units 127,500 0.01 1.3K 0 D
2028-01-01 Meldgaard Jacob Balslev Director / Officer Restricted Stock Units 500,000 0.01 5.0K 0 D
2026-04-10 Meldgaard Jacob Balslev Director / Officer A-Award A Restricted Stock Units 225,200 0.00 1,265,600 D
2026-03-18 Trapp Par Goran Director 0 0.00 0
2026-03-18 Smith Simon Mackenzie Director 0 0.00 0
2026-03-18 Meldgaard Jacob Balslev Director / Officer Class A Common Shares 0 0.00 379,044 D
2026-03-18 Justad Annette Malm Director 0 0.00 0
2026-03-18 Boehringer Christopher Helmut Director Class A Common Shares 0 0.00 21,204 D
2026-03-18 Balle Kim Officer Class A Common Shares 0 0.00 510 D

Executive team

Top executives
EBIT / Employee
799.5K
Shares Outstanding
102.12M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-14 6-K
2026-05-06 3
2026-04-16 3
2026-04-15 6-K
2026-04-10 4
2026-04-09 3
2026-03-31 6-K
2026-03-27 3
2026-03-24 6-K
2026-03-19 3

Executive team

NameTitleCompensationGender
Jacob Balslev Meldgaard Chief Executive Officer & Executive Director 3M male
Jesper Sondergaard Jensen Senior Vice President & Head of Technical Division male
Joakim Nørholm Vasehus Head of Communications
Kim Balle Chief Financial Officer male
Lars Vang Christensen Senior Vice President & Head of Projects male
Liv Kjær Board Observer and Head of Agency & Process Excellence female
Mikael Bo Larsen Head of Investor Relations male
Morten Agdrup Vice President and Head of Corporate Finance & Strategy male
Andreas G. Jørgensen Head of Global Operation male
Rasmus Johannes Skaun Hoffmann Chief Engineer & Employee Representative Board Observer male
ESG Rating
B-
OIL & GAS MIDSTREAM
Rank: 53 out of 59
2026
E (Environmental)
33.0 / 59.2
Company / Sector avg.
S (Social)
62.6 / 68.4
Company / Sector avg.
G (Governance)
67.3 / 62.9
Company / Sector avg.
ESG Total
54.3 / 63.5
Company / Sector avg.
ESG Score History OIL & GAS MIDSTREAM
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits