TFI International (NYSE:TFII – Free Report) had its target price raised by National Bank Financial from $160.00 to $161.00 in a research report sent to investors on Tuesday morning,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.
A number of other research firms have also issued reports on TFII. JPMorgan Chase & Co. raised their target price on TFI International from $164.00 to $175.00 and gave the company an “overweight” rating in a report on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of TFI International in a research report on Wednesday, June 24th. Stephens raised TFI International to a “strong-buy” rating in a research report on Wednesday, July 8th. Susquehanna raised their price objective on shares of TFI International from $182.00 to $185.00 and gave the stock a “positive” rating in a research note on Tuesday, July 14th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $170.00 target price (up from $140.00) on shares of TFI International in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $175.76.
Read Our Latest Stock Analysis on TFII
TFI International Stock Down 4.6%
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, 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 company had revenue of $2.29 billion for 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. As a group, analysts forecast that TFI International will post 5.96 earnings per share for the current year.
TFI International Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.47 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.4%. TFI International’s payout ratio is currently 46.19%.
Institutional Investors Weigh In On TFI International
A number of institutional investors have recently bought and sold shares of TFII. BNP Paribas Financial Markets raised its stake in shares of TFI International by 104.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company’s stock valued at $11,275,000 after buying an additional 64,108 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of 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 acquiring an additional 49,411 shares in the last quarter. Geode Capital Management LLC increased 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 valued at $76,293,000 after acquiring an additional 38,200 shares during the period. Caldwell Investment Management Ltd. acquired a new position in TFI International in the fourth quarter worth about $1,484,000. Finally, Legato Capital Management LLC lifted 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 purchasing an additional 11,287 shares during the period. Institutional investors and hedge funds own 73.30% of the company’s stock.
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.
Further Reading
- Five stocks we like better than TFI International
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for TFI International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TFI International and related companies with MarketBeat.com's FREE daily email newsletter.
