Man Group plc Invests $5.29 Million in TFI International Inc. $TFII

Key Points

• Man Group acquired a new $5.29 million stake in TFI International during the second quarter by purchasing 36,800 shares. Institutional investors and hedge funds collectively own 73.3% of the company.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and a $175.76 price target. Recent targets include $175 from JPMorgan and $263 from Scotiabank.
• TFI International exceeded quarterly expectations, reporting $1.85 in EPS versus a $1.59 estimate and $2.29 billion in revenue. The company also declared a quarterly dividend of $0.47 per share, representing a 1.4% annualized yield.

Man Group plc bought a new stake in shares of TFI International Inc. (NYSE:TFII - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,800 shares of the company's stock, valued at approximately $5,295,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP acquired a new position in shares of TFI International during the 2nd quarter worth about $46,000. State of Wyoming acquired a new stake in TFI International during the second quarter worth $56,000. Versant Capital Management Inc increased its stake in TFI International by 47.3% in the second quarter. Versant Capital Management Inc now owns 408 shares of the company's stock valued at $59,000 after acquiring an additional 131 shares during the period. Tacita Capital Inc bought a new stake in shares of TFI International in the 2nd quarter valued at approximately $91,000. Finally, Oslo Pensjonsforsikring AS bought a new stake in TFI International in the first quarter valued at $184,000. Institutional investors and hedge funds own 73.30% of the company's stock.

Analysts Set New Price Targets

TFII has been the subject of a number of research reports. Zacks Research upgraded TFI International from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 23rd. Scotiabank reiterated an "outperform" rating on shares of TFI International in a research report on Tuesday, July 28th. Scotia increased their price target on shares of TFI International from $260.00 to $263.00 and gave the company a "sector outperform" rating in a research report on Tuesday, July 28th. TD raised their price objective on TFI International from $153.00 to $154.00 and gave the stock a "buy" rating in a research note on Wednesday, July 8th. Finally, 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. 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. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $175.76.

TFI International Trading Up 0.0%

Shares of NYSE:TFII opened at $133.32 on Monday. The company's 50-day moving average price is $143.58 and its two-hundred day moving average price is $134.31. TFI International Inc. has a one year low of $80.63 and a one year high of $167.69. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.08. The stock has a market capitalization of $10.96 billion, a PE ratio of 32.76, a price-to-earnings-growth ratio of 0.83 and a beta of 1.62.

TFI International (NYSE:TFII - Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.26. The company had revenue of $2.29 billion during the quarter, compared to analysts' expectations 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. On average, equities analysts forecast that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders 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 is Wednesday, September 30th. TFI International's dividend payout ratio (DPR) is currently 46.19%.

About TFI International

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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