BlackRock Inc. bought a new position in TFI International Inc. (NYSE:TFII - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 99,888 shares of the company's stock, valued at approximately $14,341,000. BlackRock Inc. owned approximately 0.12% of TFI International as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. United Services Automobile Association acquired a new stake in shares of TFI International in the 1st quarter worth about $217,000. Marshall Wace LLP purchased a new position in shares of TFI International during the second quarter valued at approximately $294,000. BNP Paribas Financial Markets grew its holdings in 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 in the last quarter. Russell Investments Group Ltd. raised its position in TFI International by 34.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 27,623 shares of the company's stock valued at $2,432,000 after buying an additional 7,150 shares during the last quarter. Finally, Twin Tree Management LP lifted its stake in TFI International by 6.5% during the 3rd 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 in the last quarter. Institutional investors and hedge funds own 73.30% of the company's stock.
Analyst Upgrades and Downgrades
TFII has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of TFI International from $164.00 to $175.00 and gave the stock an "overweight" rating in a report on Tuesday, July 28th. Bank of America increased their target price on shares of TFI International from $178.00 to $187.00 and gave the company a "buy" rating in a report on Tuesday, July 28th. Susquehanna boosted their price target 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. Wall Street Zen raised shares of TFI International from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 1st. Finally, UBS Group increased their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $175.76.
View Our Latest Analysis on TFII
TFI International Trading Up 3.1%
Shares of TFI International stock opened at $132.91 on Friday. TFI International Inc. has a 1 year low of $80.63 and a 1 year high of $167.69. The firm has a market cap of $10.92 billion, a PE ratio of 32.66, a P/E/G ratio of 0.80 and a beta of 1.62. The stock has a fifty day moving average price of $142.47 and a 200-day moving average price of $134.58. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.08.
TFI International (NYSE:TFII - Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.59 by $0.26. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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. Equities research analysts anticipate that TFI International Inc. will post 6.06 EPS for the current year.
TFI International Announces Dividend
The business also recently declared 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 of this dividend is Wednesday, September 30th. TFI International's payout ratio is 46.19%.
TFI International Company Profile
(
Free Report)
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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