Dixon Mitchell Investment Counsel Inc. Trims Stake in TFI International Inc. $TFII

Dixon Mitchell Investment Counsel Inc. lowered its stake in shares of TFI International Inc. (NYSE:TFII) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 905,699 shares of the company’s stock after selling 6,340 shares during the quarter. TFI International comprises 3.1% of Dixon Mitchell Investment Counsel Inc.’s portfolio, making the stock its 13th largest position. Dixon Mitchell Investment Counsel Inc.’s holdings in TFI International were worth $94,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Baillie Gifford & Co. increased its position in shares of TFI International by 1.0% during the fourth quarter. Baillie Gifford & Co. now owns 1,029,871 shares of the company’s stock valued at $106,590,000 after buying an additional 10,693 shares during the period. Geode Capital Management LLC increased its position in shares of TFI International by 5.5% during the fourth quarter. Geode Capital Management LLC now owns 733,510 shares of the company’s stock valued at $76,293,000 after buying an additional 38,200 shares during the period. BNP Paribas Financial Markets boosted its stake in TFI International by 104.0% during the second quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company’s stock worth $11,275,000 after acquiring an additional 64,108 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in TFI International by 34.9% during the third quarter. Russell Investments Group Ltd. now owns 27,623 shares of the company’s stock worth $2,432,000 after acquiring an additional 7,150 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its stake in TFI International by 0.5% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company’s stock worth $2,498,000 after acquiring an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 73.30% of the company’s stock.

Analyst Upgrades and Downgrades

TFII has been the topic of several research reports. JPMorgan Chase & Co. boosted their price objective on shares of TFI International from $131.00 to $156.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 28th. BMO Capital Markets reissued a “market perform” rating and set a $170.00 price objective (up from $140.00) on shares of TFI International in a research note on Tuesday. Canadian Imperial Bank of Commerce boosted their price objective on shares of TFI International from $134.00 to $162.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Stifel Nicolaus boosted their price objective on shares of TFI International from $117.00 to $136.00 and gave the stock a “hold” rating in a research note on Tuesday, April 28th. Finally, Morgan Stanley boosted their price objective on shares of TFI International from $160.00 to $175.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 28th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $150.43.

TFI International Trading Up 0.9%

Shares of NYSE TFII opened at $160.29 on Friday. The firm’s 50 day moving average price is $140.24 and its 200-day moving average price is $119.23. The company has a market cap of $13.17 billion, a PE ratio of 44.65, a P/E/G ratio of 1.43 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. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.06 and a current ratio of 1.07.

TFI International (NYSE:TFII) last issued its earnings results on Monday, April 27th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.10. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.89 billion. TFI International had a net margin of 3.79% and a return on equity of 13.43%. TFI International has set its Q2 2026 guidance at 1.500-1.600 EPS. On average, equities research analysts expect that TFI International Inc. will post 5.36 EPS for the current fiscal year.

TFI International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, March 31st. TFI International’s dividend payout ratio is currently 52.37%.

TFI International 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.