Alberta Investment Management Corp Purchases Shares of 20,710 TFI International Inc. $TFII

Key Points

• Alberta Investment Management Corp. purchased 20,710 shares of TFI International worth approximately $2.98 million, while institutional investors collectively own 73.3% of the company.
• Analysts maintain a favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $175.76; several firms recently raised their targets.
• TFI International beat quarterly earnings and revenue estimates, reporting EPS of $1.85 versus the expected $1.59. The company also announced a quarterly dividend of $0.47 per share, equivalent to a 1.3% yield.

Alberta Investment Management Corp purchased a new stake in TFI International Inc. (NYSE:TFII - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 20,710 shares of the company's stock, valued at approximately $2,978,000.

A number of other institutional investors have also made changes to their positions in TFII. United Services Automobile Association bought a new stake in TFI International during the 1st quarter valued at approximately $217,000. Marshall Wace LLP bought a new position in TFI International in the 2nd quarter worth approximately $294,000. BNP Paribas Financial Markets lifted its holdings in shares of TFI International by 104.0% during the second quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company's stock worth $11,275,000 after buying an additional 64,108 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of TFI International by 34.9% during the third quarter. Russell Investments Group Ltd. now owns 27,623 shares of the company's stock worth $2,432,000 after buying an additional 7,150 shares during the last quarter. Finally, Twin Tree Management LP boosted its position in shares of TFI International by 6.5% in the third quarter. Twin Tree Management LP now owns 16,527 shares of the company's stock valued at $1,455,000 after acquiring an additional 1,013 shares during the period. 73.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TFII has been the topic of a number of research reports. TD Cowen boosted their target price on shares of TFI International from $154.00 to $158.00 and gave the stock a "buy" rating in a research report on Tuesday, July 28th. Morgan Stanley raised their price target on shares of TFI International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research report on Monday, July 6th. Susquehanna boosted their price objective on shares of TFI International from $182.00 to $185.00 and gave the stock a "positive" rating in a report on Tuesday, July 14th. Weiss Ratings restated a "hold (c)" rating on shares of TFI International in a report on Wednesday, June 24th. Finally, The Goldman Sachs Group upped their price objective on shares of TFI International from $145.00 to $168.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $175.76.

TFI International Stock Down 0.6%

Shares of NYSE TFII opened at $145.71 on Tuesday. The stock has a market cap of $11.98 billion, a PE ratio of 35.80, a PEG ratio of 0.91 and a beta of 1.62. The business has a fifty day moving average of $146.39 and a two-hundred day moving average of $132.95. TFI International Inc. has a 52-week low of $80.63 and a 52-week high of $167.69. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.09.

TFI International (NYSE:TFII - Get Free Report) last posted its earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.26. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International had a net margin of 4.14% and a return on equity of 14.87%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, equities research analysts expect that TFI International Inc. will post 6.06 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 30th. TFI International's payout ratio is presently 46.19%.

TFI International Profile

TFI International Inc NYSE: TFII is a leading North American transport and logistics company headquartered in Montreal, Quebec. The company operates through a network of subsidiaries that provide truckload, less-than-truckload (LTL), specialized freight, package and courier, and logistics services. By integrating these operations, TFI delivers comprehensive end-to-end solutions, including long-haul and regional transportation, expedited delivery, warehousing, and cross-border freight movement.

Originally founded in 1957 as a regional trucking outfit in Cabano, Quebec, TFI International has expanded significantly through a disciplined acquisition strategy.

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