Jupiter Topco LLC Invests $515.26 Million in TFI International Inc. $TFII

Key Points

• Jupiter Topco LLC acquired 3.59 million TFI International shares worth approximately $515.3 million, giving it a 4.37% stake. Institutional investors collectively own 73.3% of the company.
• TFI International beat quarterly expectations with $1.85 in EPS versus a $1.59 consensus and revenue of $2.29 billion. The company issued third-quarter EPS guidance of $1.70–$1.80.
• Shares recently traded at $134.34, down 1.1%, while analysts maintain a “Moderate Buy” consensus with an average price target of $175.76. TFI also declared a quarterly dividend of $0.47 per share, yielding 1.4% annually.

Jupiter Topco LLC bought a new stake in TFI International Inc. (NYSE:TFII - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,588,905 shares of the company's stock, valued at approximately $515,259,000. Jupiter Topco LLC owned about 4.37% of TFI International at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TFII. Allworth Financial LP bought a new stake in TFI International in the 2nd quarter valued at $46,000. State of Wyoming acquired a new position in TFI International in the 2nd quarter valued at $56,000. Versant Capital Management Inc increased its position in TFI International by 47.3% during the 2nd quarter. Versant Capital Management Inc now owns 408 shares of the company's stock worth $59,000 after buying an additional 131 shares during the period. Tacita Capital Inc bought a new position in TFI International during the 2nd quarter worth $91,000. Finally, Oslo Pensjonsforsikring AS acquired a new stake in shares of TFI International during the first quarter worth $184,000. Institutional investors own 73.30% of the company's stock.

TFI International Trading Down 1.1%

TFII opened at $134.34 on Wednesday. TFI International Inc. has a twelve month low of $80.63 and a twelve month high of $167.69. The company has a 50-day simple moving average of $144.18 and a 200 day simple moving average of $134.02. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $11.04 billion, a price-to-earnings ratio of 33.01, a P/E/G ratio of 0.84 and a beta of 1.62.

TFI International (NYSE:TFII - Get Free Report) last released its earnings results on Monday, July 27th. The company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.59 by $0.26. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates 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. Analysts predict that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Dividend Announcement

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

Analyst Ratings Changes

TFII has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of TFI International in a research report on Wednesday, June 24th. Royal Bank Of Canada boosted their price objective on shares of TFI International from $158.00 to $171.00 and gave the company an "outperform" rating in a report on Tuesday, July 28th. National Bank Financial increased their target price on shares of TFI International from $160.00 to $161.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. raised their target price 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. Finally, Scotiabank reiterated an "outperform" rating on shares of TFI International in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, TFI International currently has an average rating of "Moderate Buy" and a consensus price target of $175.76.

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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