Andra AP fonden Sells 15,900 Shares of TFI International Inc. $TFII

Key Points

• Andra AP fonden cut its TFI International stake by 75.7% in the second quarter, selling 15,900 shares and retaining 5,116 shares valued at approximately $735,000.
• TFI International reported quarterly EPS of $1.85, exceeding the $1.59 consensus estimate, while revenue reached $2.29 billion. The company issued third-quarter EPS guidance of $1.70–$1.80.
• The company declared a quarterly dividend of $0.47 per share, equivalent to a $1.88 annualized payout and a 1.5% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $175.76.

Andra AP fonden decreased its position in TFI International Inc. (NYSE:TFII - Free Report) by 75.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,116 shares of the company's stock after selling 15,900 shares during the quarter. Andra AP fonden's holdings in TFI International were worth $735,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Caisse de depot et placement du Quebec acquired a new position in TFI International during the 2nd quarter worth $910,995,000. Jupiter Topco LLC acquired a new stake in shares of TFI International in the second quarter valued at about $515,259,000. The Manufacturers Life Insurance Company acquired a new stake in shares of TFI International in the second quarter valued at about $189,264,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of TFI International in the second quarter worth about $136,656,000. Finally, Canada Pension Plan Investment Board bought a new position in shares of TFI International in the second quarter worth about $61,329,000. 73.30% of the stock is currently owned by institutional investors and hedge funds.

TFI International Price Performance

Shares of TFII stock opened at $121.82 on Friday. The stock has a 50 day moving average of $137.66 and a two-hundred day moving average of $135.85. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. TFI International Inc. has a 12 month low of $80.63 and a 12 month high of $167.69. The company has a market capitalization of $10.01 billion, a P/E ratio of 29.93, a P/E/G ratio of 0.77 and a beta of 1.62.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International had a return on equity of 14.87% and a net margin of 4.14%.TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, equities analysts expect that TFI International Inc. will post 6.06 EPS for the current year.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, September 30th. TFI International's payout ratio is 46.19%.

Analyst Ratings Changes

Several analysts recently weighed in on TFII shares. Susquehanna increased their target price on TFI International from $182.00 to $185.00 and gave the company a "positive" rating in a research note on Tuesday, July 14th. UBS Group lifted their price target on TFI International from $154.00 to $159.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 28th. Canadian Imperial Bank of Commerce reiterated an "outperform" rating on shares of TFI International in a report on Tuesday, July 28th. TD Cowen increased their price objective on TFI International from $154.00 to $158.00 and gave the company a "buy" rating in a research report on Tuesday, July 28th. Finally, Scotiabank restated an "outperform" rating on shares of TFI International in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, TFI International currently has a consensus rating of "Moderate Buy" and a consensus price target of $175.76.

About TFI International

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides freight transportation, package and courier delivery, and logistics services through a network of operating businesses serving customers across Canada, the United States and Mexico.

Its operations include less-than-truckload and truckload transportation, final-mile delivery, specialized services, and supply chain management. TFI International also offers brokerage, warehousing and other logistics solutions designed to support the movement and distribution of commercial and industrial goods.

The company traces its history to 1957 and was formerly known as TransForce Inc In 2021, it acquired UPS Freight, which was subsequently rebranded as TForce Freight and expanded TFI International's presence in the U.S.

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