Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of TFI International Inc. (NYSE:TFII - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 950,314 shares of the company's stock, valued at approximately $136,656,000. Connor Clark & Lunn Investment Management Ltd. owned about 1.16% of TFI International as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP purchased a new position in TFI International in the 2nd quarter valued at about $46,000. State of Wyoming purchased a new stake in shares of TFI International during the second quarter worth about $56,000. Versant Capital Management Inc grew its stake in TFI International by 47.3% in the 2nd quarter. Versant Capital Management Inc now owns 408 shares of the company's stock worth $59,000 after acquiring an additional 131 shares during the period. Tacita Capital Inc purchased a new stake in shares of TFI International in the second quarter valued at $91,000. Finally, Oslo Pensjonsforsikring AS purchased a new stake in TFI International in the 1st quarter valued at about $184,000. Hedge funds and other institutional investors own 73.30% of the company's stock.
TFI International Trading Up 0.1%
NYSE TFII opened at $141.51 on Monday. The firm has a market capitalization of $11.63 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 0.88 and a beta of 1.62. 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 Inc. has a one year low of $80.63 and a one year high of $167.69. The company's 50 day moving average price is $144.95 and its 200 day moving average price is $133.82.
TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.26. TFI International had a net margin of 4.14% and a return on equity of 14.87%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. On average, sell-side analysts predict 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. Investors of record on Wednesday, September 30th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 30th. TFI International's dividend payout ratio is 46.19%.
Analysts Set New Price Targets
Several brokerages have recently weighed in on TFII. Scotia increased their price objective on shares of TFI International from $260.00 to $263.00 and gave the stock a "sector outperform" rating in a report on Tuesday, July 28th. Bank of America upped their price target on shares of TFI International from $178.00 to $187.00 and gave the stock a "buy" rating in a research report on Tuesday, July 28th. Susquehanna lifted their price target on shares of TFI International from $182.00 to $185.00 and gave the company a "positive" rating in a report on Tuesday, July 14th. Canadian Imperial Bank of Commerce reiterated an "outperform" rating on shares of TFI International in a report on Tuesday, July 28th. Finally, Scotiabank reissued an "outperform" rating on shares of TFI International in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $175.76.
Get Our Latest Stock Analysis on TFI International
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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