TFI International Inc. $TFII is QV Investors Inc.'s 8th Largest Position

Key Points

• QV Investors reduced its TFI International stake by 21.2% in the second quarter, selling 85,269 shares. Despite the reduction, TFII remains the fund’s eighth-largest holding, representing 3.5% of its portfolio and valued at approximately $45.5 million.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $175.76, compared with the stock’s recent price of $133.32.
• TFI International exceeded quarterly earnings expectations, reporting $1.85 in EPS versus the $1.59 consensus and $2.29 billion in revenue. The company also declared a quarterly dividend of $0.47 per share, equivalent to a 1.4% annualized yield.

QV Investors Inc. lessened its position in shares of TFI International Inc. (NYSE:TFII - Free Report) by 21.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 316,026 shares of the company's stock after selling 85,269 shares during the quarter. TFI International comprises 3.5% of QV Investors Inc.'s investment portfolio, making the stock its 8th biggest holding. QV Investors Inc. owned about 0.38% of TFI International worth $45,475,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of TFI International in a research note on Tuesday, July 28th. TD Cowen upped their price objective on TFI International from $154.00 to $158.00 and gave the company a "buy" rating in a research note on Tuesday, July 28th. Bank of America raised their price objective on shares of TFI International from $178.00 to $187.00 and gave the stock a "buy" rating in a report on Tuesday, July 28th. BMO Capital Markets reiterated a "market perform" rating and set a $170.00 price target (up from $140.00) on shares of TFI International in a research report on Tuesday, June 9th. Finally, Citigroup dropped their price target on shares of TFI International from $182.00 to $180.00 and set a "buy" rating for the company in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, TFI International presently has a consensus rating of "Moderate Buy" and a consensus target price of $175.76.

TFI International Price Performance

Shares of TFII stock opened at $133.32 on Monday. The business has a fifty day simple moving average of $143.58 and a 200 day simple moving average of $134.31. The company has a market cap of $10.96 billion, a P/E ratio of 32.76, a P/E/G ratio of 0.83 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. 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 posted 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. TFI International had a return on equity of 14.87% and a net margin of 4.14%.The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. On average, sell-side analysts forecast that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.47 per share. 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 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.

Want to see what other hedge funds are holding TFII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TFI International Inc. (NYSE:TFII - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source