Korea Investment CORP Buys New Stake in TFI International Inc. $TFII

Korea Investment CORP purchased a new stake in TFI International Inc. (NYSE:TFIIFree Report) in the second quarter, HoldingsChannel reports. The institutional investor purchased 60,337 shares of the company’s stock, valued at approximately $8,682,000.

Several other large investors also recently bought and sold shares of the stock. Allworth Financial LP purchased a new position in shares of TFI International during the second quarter worth about $46,000. State of Wyoming purchased a new stake in shares of TFI International in the 2nd quarter valued at about $56,000. Versant Capital Management Inc boosted its position in shares of TFI International by 47.3% in the 2nd quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock valued at $59,000 after purchasing an additional 131 shares during the period. Tacita Capital Inc acquired a new stake in shares of TFI International in the 2nd quarter valued at about $91,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in TFI International during the 1st quarter worth approximately $184,000. Institutional investors and hedge funds own 73.30% of the company’s stock.

TFI International Stock Performance

Shares of TFII stock opened at $135.73 on Tuesday. The stock’s 50-day moving average price is $144.55 and its 200 day moving average price is $133.94. 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 has a market capitalization of $11.16 billion, a PE ratio of 33.35, a price-to-earnings-growth ratio of 0.88 and a beta of 1.62. TFI International Inc. has a 52-week low of $80.63 and a 52-week high of $167.69.

TFI International (NYSE:TFIIGet Free Report) last posted its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, equities research analysts forecast that TFI International Inc. will post 6.06 EPS for the current year.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 30th. TFI International’s dividend payout ratio is 46.19%.

Analyst Upgrades and Downgrades

Several research analysts have commented on TFII shares. Stephens lifted their price target on TFI International from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. National Bank Financial increased their price objective on TFI International from $160.00 to $161.00 and gave the company an “outperform” rating in a report on Tuesday, July 28th. TD Cowen lifted their target price on shares of TFI International from $154.00 to $158.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Susquehanna upped their price target on shares of TFI International from $182.00 to $185.00 and gave the company a “positive” rating in a research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. increased their price target on shares of TFI International from $164.00 to $175.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $175.76.

Check Out Our Latest Stock Report on TFI International

About TFI International

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for TFI International (NYSE:TFII)

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