Public Employees Retirement System of Ohio Takes $1.94 Million Position in TFI International Inc. $TFII

Key Points

• Public Employees Retirement System of Ohio purchased 13,514 shares of TFI International worth approximately $1.94 million, while institutional investors overall own 73.3% of the company.
• TFI International exceeded quarterly expectations, reporting $1.85 in EPS versus the $1.59 consensus and revenue of $2.29 billion versus $2.23 billion expected. The company guided for third-quarter EPS of $1.70–$1.80.
• Analysts maintain a positive outlook, with a consensus “Moderate Buy” rating and an average price target of $175.76, compared with the stock’s reported price of $137.18; TFI also declared a quarterly dividend of $0.47 per share.

Public Employees Retirement System of Ohio bought 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 Form 13F filing with the Securities and Exchange Commission. The fund bought 13,514 shares of the company's stock, valued at approximately $1,944,000.

Other institutional investors have also recently made changes to their positions in the company. United Services Automobile Association bought a new position in shares of TFI International in the first quarter worth $217,000. Marshall Wace LLP bought a new stake in shares of TFI International during the 2nd quarter valued at $294,000. BNP Paribas Financial Markets raised its stake 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 purchasing an additional 64,108 shares during the period. Russell Investments Group Ltd. lifted its holdings in TFI International by 34.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 27,623 shares of the company's stock worth $2,432,000 after purchasing an additional 7,150 shares in the last quarter. Finally, Twin Tree Management LP lifted its holdings in TFI International by 6.5% during the 3rd quarter. Twin Tree Management LP now owns 16,527 shares of the company's stock worth $1,455,000 after purchasing an additional 1,013 shares in the last quarter. Hedge funds and other institutional investors own 73.30% of the company's stock.

TFI International Price Performance

Shares of NYSE TFII opened at $137.18 on Monday. The firm has a market capitalization of $11.27 billion, a P/E ratio of 33.71, a P/E/G ratio of 0.85 and a beta of 1.62. 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's 50-day simple moving average is $142.32 and its two-hundred day simple moving average is $134.70. TFI International Inc. has a twelve month low of $80.63 and a twelve month high of $167.69.

TFI International (NYSE:TFII - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $2.29 billion for 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. As a group, equities analysts anticipate that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Announces Dividend

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 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 currently 46.19%.

Analysts Set New Price Targets

A number of research firms have weighed in on TFII. Zacks Research raised TFI International from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 23rd. Wall Street Zen raised shares of TFI International from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 1st. BMO Capital Markets restated a "market perform" rating and issued a $170.00 price objective (up from $140.00) on shares of TFI International in a research report on Tuesday, June 9th. 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 research note on Tuesday, July 28th. Finally, National Bank Financial upped their target price on shares of TFI International from $160.00 to $161.00 and gave the stock an "outperform" rating in a report on Tuesday, July 28th. One equities research 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.

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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