TFI International Inc. $TFII Stock: QV Investors Inc. Cuts Holdings

Key Points

• QV Investors cut its TFI International stake by 20.5% in the third quarter, selling 64,794 shares and retaining 251,232 shares worth about $30.2 million. Institutional investors collectively own 73.3% of TFII.
• TFII shares opened at $111.42, well below their 50-day and 200-day moving averages, while the company reported quarterly EPS of $1.85, beating estimates of $1.59, and revenue of $2.29 billion.
• The company pays a quarterly dividend of $0.47, equivalent to an annualized $1.88 and a 1.7% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $167.94, despite several recent target cuts and rating downgrades.

QV Investors Inc. trimmed its holdings in TFI International Inc. (NYSE:TFII - Free Report) by 20.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,232 shares of the company's stock after selling 64,794 shares during the quarter. TFI International comprises approximately 2.2% of QV Investors Inc.'s portfolio, making the stock its 20th largest holding. QV Investors Inc. owned approximately 0.31% of TFI International worth $30,199,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of TFII. Value Partners Investments Inc. boosted its holdings in shares of TFI International by 4.7% during the 3rd quarter. Value Partners Investments Inc. now owns 18,857 shares of the company's stock worth $2,268,000 after purchasing an additional 838 shares during the last quarter. Financial & Tax Architects LLC increased its holdings in shares of TFI International by 31.4% in the third quarter. Financial & Tax Architects LLC now owns 4,677 shares of the company's stock valued at $561,000 after purchasing an additional 1,117 shares during the last quarter. Triasima Portfolio Management inc. increased its holdings in shares of TFI International by 11.0% in the third quarter. Triasima Portfolio Management inc. now owns 80,742 shares of the company's stock valued at $9,706,000 after purchasing an additional 7,991 shares during the last quarter. Engineers Gate Manager LP purchased a new position in TFI International during the second quarter worth approximately $3,813,000. Finally, Cidel Asset Management Inc. lifted its position in TFI International by 2.1% during the second quarter. Cidel Asset Management Inc. now owns 49,098 shares of the company's stock worth $7,065,000 after buying an additional 1,020 shares in the last quarter. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Stock Down 0.2%

Shares of NYSE:TFII opened at $111.42 on Wednesday. The business has a 50-day moving average price of $127.44 and a 200 day moving average price of $137.23. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of 27.38, a PEG ratio of 0.70 and a beta of 1.63. TFI International Inc. has a 12-month low of $80.63 and a 12-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 analysts' consensus estimates of $1.59 by $0.26. The company had revenue of $2.29 billion for the quarter, compared to analysts' expectations 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. Sell-side analysts expect that TFI International Inc. will post 6.01 EPS for the current year.

TFI International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, September 30th. TFI International's payout ratio is 46.19%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on TFII shares. Zacks Research lowered TFI International from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 28th. Canadian Imperial Bank of Commerce dropped their target price on TFI International from $175.00 to $158.00 and set an "outperformer" rating for the company in a report on Monday, October 5th. BMO Capital Markets reaffirmed a "market perform" rating on shares of TFI International in a research note on Wednesday, October 7th. Stifel Nicolaus reduced their price target on TFI International from $160.00 to $132.00 and set a "hold" rating on the stock in a report on Thursday, October 8th. Finally, The Goldman Sachs Group lifted their price target on TFI International from $145.00 to $168.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $167.94.

About TFI International

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.

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