Bank of New York Mellon Corp raised its holdings in TFI International Inc. (NYSE:TFII – Free Report) by 75.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,057 shares of the company’s stock after buying an additional 49,411 shares during the period. Bank of New York Mellon Corp’s holdings in TFI International were worth $12,499,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of TFII. SG Americas Securities LLC bought a new stake in TFI International in the 4th quarter valued at about $112,000. Flow Traders U.S. LLC bought a new stake in TFI International during the third quarter worth about $207,000. Ferguson Wellman Capital Management Inc. acquired a new stake in TFI International during the first quarter worth about $276,000. United Services Automobile Association acquired a new stake in TFI International during the first quarter worth about $217,000. Finally, Marshall Wace LLP bought a new position in TFI International in the 2nd quarter valued at about $294,000. Institutional investors and hedge funds own 73.30% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on TFII. UBS Group boosted their target price on TFI International from $154.00 to $159.00 and gave the stock a “neutral” rating in a research note on Tuesday. Stephens lifted their price target on shares of TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Wednesday. BMO Capital Markets reiterated a “market perform” rating and set a $170.00 price objective (up from $140.00) on shares of TFI International in a research report on Tuesday, June 9th. JPMorgan Chase & Co. increased their price objective on shares of TFI International from $164.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Zacks Research raised shares of TFI International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, TFI International has a consensus rating of “Moderate Buy” and a consensus price target of $175.76.
TFI International Trading Up 0.6%
Shares of TFII stock opened at $135.14 on Friday. The company has a 50 day moving average of $149.47 and a 200-day moving average of $130.40. The company has a quick ratio of 1.06, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. TFI International Inc. has a 12-month low of $80.63 and a 12-month high of $167.69. The firm has a market cap of $11.11 billion, a P/E ratio of 33.20, a PEG ratio of 0.83 and a beta of 1.64.
TFI International (NYSE:TFII – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.26. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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 anticipate that TFI International Inc. will post 6.06 earnings per share for the current year.
TFI International Dividend Announcement
The business also recently announced 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. The ex-dividend date of this dividend 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 presently 46.19%.
TFI International Company Profile
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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