K.J. Harrison & Partners Inc Acquires Shares of 55,920 TFI International Inc. $TFII

Key Points

• K.J. Harrison & Partners bought 55,920 shares of TFI International worth approximately $8.0 million, making the stock 1.1% of its portfolio; institutional investors collectively own 73.3% of TFI.
• TFI International beat quarterly expectations with EPS of $1.85 versus the $1.59 consensus and revenue of $2.29 billion versus $2.23 billion. The company issued Q3 2026 EPS guidance of $1.70–$1.80.
• The company declared a quarterly dividend of $0.47 per share, or $1.88 annualized, yielding about 1.3%. Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $175.76 price target.

K.J. Harrison & Partners Inc purchased a new stake in shares of TFI International Inc. (NYSE:TFII - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 55,920 shares of the company's stock, valued at approximately $8,034,000. TFI International comprises 1.1% of K.J. Harrison & Partners Inc's holdings, making the stock its 24th biggest holding. K.J. Harrison & Partners Inc owned approximately 0.07% of TFI International as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Geode Capital Management LLC lifted 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 worth $76,293,000 after acquiring an additional 38,200 shares during the period. Legato Capital Management LLC boosted its stake in TFI International by 234.2% during the fourth quarter. Legato Capital Management LLC now owns 16,106 shares of the company's stock worth $1,665,000 after acquiring an additional 11,287 shares in the last quarter. Caldwell Investment Management Ltd. bought a new stake in shares of TFI International in the 4th quarter worth approximately $1,484,000. Alberta Investment Management Corp bought a new stake in TFI International in the second quarter worth $2,978,000. Finally, Bank of New York Mellon Corp grew its position in TFI International by 75.3% during the 1st quarter. Bank of New York Mellon Corp now owns 115,057 shares of the company's stock valued at $12,499,000 after purchasing an additional 49,411 shares during the last quarter. Hedge funds and other institutional investors own 73.30% of the company's stock.

TFI International Trading Down 0.6%

Shares of TFII stock opened at $145.71 on Tuesday. The stock's 50 day simple moving average is $146.39 and its two-hundred day simple moving average is $132.95. 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 $11.98 billion, a PE ratio of 35.80, a price-to-earnings-growth ratio of 0.91 and a beta of 1.62. 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 (EPS) for the quarter, topping analysts' consensus estimates of $1.59 by $0.26. The company had revenue of $2.29 billion during 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. Research analysts predict that TFI International Inc. will post 6.06 earnings per share 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 paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, September 30th. TFI International's dividend payout ratio (DPR) is currently 46.19%.

Analysts Set New Price Targets

Several brokerages have commented on TFII. The Goldman Sachs Group increased their target price on TFI International from $145.00 to $168.00 and gave the company a "buy" rating in a research note on Tuesday, June 23rd. Zacks Research upgraded shares of TFI International from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 23rd. Bank of America upped their price target on TFI International from $178.00 to $187.00 and gave the stock a "buy" rating in a research report on Tuesday, July 28th. Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of TFI International in a research note on Tuesday, July 28th. Finally, Wall Street Zen upgraded TFI International from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 1st. 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's stock. Based on data from MarketBeat.com, TFI International presently has an average rating of "Moderate Buy" and a consensus target price of $175.76.

TFI International Company 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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