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Torm ( (TRMD) ) just unveiled an update.
On March 9, 2026, TORM plc reported that Oaktree Capital Group Holdings GP, LLC had notified the company that its affiliate OCM Njord Holdings S.à r.l. owns 23,839,575 TORM shares. This stake represents 23.39% of TORM’s total share capital and voting rights, confirming Oaktree as a major shareholder and underscoring the continued presence of a significant institutional investor in the tanker owner’s shareholder base.
The disclosure was made in accordance with section 30 of the Danish Capital Markets Act and filed with the U.S. Securities and Exchange Commission on Form 6-K. The sizeable holding may be closely watched by investors as it reflects concentrated ownership in TORM, which can influence corporate governance dynamics and future strategic decisions for the London-headquartered shipping group.
The most recent analyst rating on (TRMD) stock is a Buy with a DKK34.00 price target. To see the full list of analyst forecasts on Torm stock, see the TRMD Stock Forecast page.
More about Torm
TORM plc is one of the world’s leading carriers of refined oil products, operating a global fleet of product tanker vessels. Founded in 1889, the company emphasizes safety, environmental responsibility and customer service, and its shares are listed on both Nasdaq Copenhagen and Nasdaq New York under the ticker TRMD/ TRMD A.
YTD Price Performance: 45.39%
Average Trading Volume: 231,575
Current Market Cap: DKK18.6B
For detailed information about TRMD stock, go to TipRanks’ Stock Analysis page.