Deutsche Bank AG Buys Shares of 149,744 TFI International Inc. $TFII

Key Points

• Deutsche Bank acquired 149,744 shares of TFI International in the second quarter, worth approximately $21.5 million, while institutional investors collectively own 73.3% of the company.
• Analyst sentiment remains positive, with TFI holding a consensus “Moderate Buy” rating and an average price target of $175.76; several firms recently raised their targets.
• TFI beat quarterly expectations, reporting $1.85 in EPS versus the $1.59 consensus and $2.29 billion in revenue. The company also announced a quarterly dividend of $0.47 per share, yielding about 1.3% annually.

Deutsche Bank AG acquired a new stake in TFI International Inc. (NYSE:TFII - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 149,744 shares of the company's stock, valued at approximately $21,499,000. Deutsche Bank AG owned 0.18% of TFI International as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC grew its stake in TFI International by 5.5% in the fourth quarter. Geode Capital Management LLC now owns 733,510 shares of the company's stock valued at $76,293,000 after purchasing an additional 38,200 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of TFI International by 104.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company's stock valued at $11,275,000 after buying an additional 64,108 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of TFI International in the 2nd quarter valued at approximately $17,781,000. Russell Investments Group Ltd. grew its stake in shares of 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 in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased its holdings in TFI International by 0.5% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company's stock worth $2,498,000 after buying an additional 121 shares during the last quarter. Institutional investors and hedge funds own 73.30% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TFII. Scotiabank restated an "outperform" rating on shares of TFI International in a report on Tuesday, July 28th. UBS Group increased their price objective on TFI International from $154.00 to $159.00 and gave the company a "neutral" rating in a report on Tuesday, July 28th. BMO Capital Markets reissued a "market perform" rating and issued a $170.00 price objective (up from $140.00) on shares of TFI International in a research note on Tuesday, June 9th. Susquehanna upped their target price on TFI International from $182.00 to $185.00 and gave the stock a "positive" rating in a research report on Tuesday, July 14th. Finally, Scotia increased their price target on TFI International from $260.00 to $263.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 28th. 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 company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $175.76.

TFI International Price Performance

NYSE:TFII opened at $141.51 on Friday. The company has a 50-day moving average of $144.95 and a 200-day moving average of $133.67. The company has a market capitalization of $11.63 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 0.86 and a beta of 1.62. 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, beating analysts' consensus estimates of $1.59 by $0.26. The business had revenue of $2.29 billion for the quarter, compared to analysts' expectations 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 anticipate that TFI International Inc. will post 6.06 earnings per share for the current fiscal year.

TFI International Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, September 30th. TFI International's dividend payout ratio (DPR) is 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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