Stephens upgraded shares of TFI International (NYSE:TFII – Free Report) to a strong-buy rating in a report published on Wednesday,Zacks.com reports.
Other equities research analysts have also issued reports about the stock. Bank of America raised shares of TFI International from a “neutral” rating to a “buy” rating and raised their price target for the company from $122.00 to $161.00 in a report on Tuesday, April 28th. Susquehanna boosted their price objective on shares of TFI International from $134.00 to $182.00 and gave the stock a “positive” rating in a report on Tuesday, June 2nd. TD Cowen upped their price objective on shares of TFI International from $130.00 to $153.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Weiss Ratings restated a “hold (c)” rating on shares of TFI International in a research note on Wednesday, June 24th. Finally, Canadian Imperial Bank of Commerce lifted their target price on TFI International from $162.00 to $172.00 and gave the stock an “outperformer” rating in a research report on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $158.47.
Check Out Our Latest Stock Report on TFII
TFI International Stock Up 1.2%
TFI International (NYSE:TFII – Get Free Report) last issued its earnings results on Monday, April 27th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.10. TFI International had a return on equity of 13.43% and a net margin of 3.79%.The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.89 billion. TFI International has set its Q2 2026 guidance at 1.500-1.600 EPS. Analysts forecast that TFI International will post 5.4 earnings per share for the current year.
TFI International Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.47 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.88 annualized dividend and a yield of 1.3%. TFI International’s dividend payout ratio is 52.37%.
Institutional Investors Weigh In On TFI International
Hedge funds and other institutional investors have recently modified their holdings of the stock. PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in shares of TFI International by 13.9% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 17,210 shares of the company’s stock valued at $2,476,000 after buying an additional 2,100 shares during the period. Versant Capital Management Inc boosted its position in shares of TFI International by 47.3% during 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 in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of TFI International by 9.0% in the 1st quarter. Public Employees Retirement System of Ohio now owns 12,980 shares of the company’s stock worth $1,408,000 after purchasing an additional 1,077 shares during the last quarter. Oslo Pensjonsforsikring AS bought a new stake in shares of TFI International in the 1st quarter worth approximately $184,000. Finally, Bank of New York Mellon Corp lifted its stake in TFI International by 75.3% during the first quarter. Bank of New York Mellon Corp now owns 115,057 shares of the company’s stock valued at $12,499,000 after purchasing an additional 49,411 shares during the last quarter. 73.30% of the stock is currently owned by institutional investors.
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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