Baird Financial Group Inc. Purchases New Position in TFI International Inc. $TFII

Key Points

• Baird Financial Group purchased 141,124 shares of TFI International during the second quarter, valued at approximately $20.3 million. Institutional investors collectively own 73.3% of the company.
• TFI International reported quarterly earnings of $1.85 per share, exceeding analyst estimates of $1.59, while revenue reached $2.29 billion versus expectations of $2.23 billion. The company issued third-quarter 2026 EPS guidance of $1.70–$1.80.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $175.76, compared with the stock’s reported price of $131.09. TFI also declared a quarterly dividend of $0.47 per share, yielding approximately 1.4% annually.

Baird Financial Group Inc. purchased a new stake in TFI International Inc. (NYSE:TFII - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 141,124 shares of the company's stock, valued at approximately $20,261,000. Baird Financial Group Inc. owned approximately 0.17% of TFI International as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TFII. Caisse de depot et placement du Quebec bought a new position in TFI International in the 2nd quarter valued at $910,995,000. Jupiter Topco LLC bought a new position in shares of TFI International in the second quarter valued at about $515,259,000. Maple Rock Capital Partners Inc. lifted its position in TFI International by 4.2% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company's stock worth $203,641,000 after buying an additional 56,578 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in TFI International during the 2nd quarter worth about $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in TFI International during the 2nd quarter worth about $136,656,000. 73.30% of the stock is owned by institutional investors.

TFI International Stock Down 0.0%

NYSE TFII opened at $131.09 on Friday. 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 1-year low of $80.63 and a 1-year high of $167.69. The company has a market cap of $10.77 billion, a price-to-earnings ratio of 32.21, a PEG ratio of 0.81 and a beta of 1.62. The company has a 50 day moving average of $141.46 and a 200-day moving average of $135.10.

TFI International (NYSE:TFII - Get Free Report) last issued its earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, beating analysts' consensus estimates of $1.59 by $0.26. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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. On average, equities research analysts expect that TFI International Inc. will post 6.06 earnings per share for the current fiscal year.

TFI International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 30th. TFI International's dividend payout ratio is currently 46.19%.

Analysts Set New Price Targets

TFII has been the subject of a number of research analyst reports. Royal Bank Of Canada boosted their target price on shares of TFI International from $158.00 to $171.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 28th. UBS Group increased their price target on shares of TFI International from $154.00 to $159.00 and gave the company a "neutral" rating in a research note on Tuesday, July 28th. Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of TFI International in a report on Tuesday, July 28th. Wall Street Zen upgraded shares of TFI International from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 1st. Finally, Morgan Stanley upped their target price on shares of TFI International from $175.00 to $190.00 and gave the company an "overweight" rating in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $175.76.

TFI International Company Profile

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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