Canada Pension Plan Investment Board Takes $61.33 Million Position in TFI International Inc. $TFII

Canada Pension Plan Investment Board acquired a new position in TFI International Inc. (NYSE:TFII) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 426,489 shares of the company’s stock, valued at approximately $61,329,000. Canada Pension Plan Investment Board owned approximately 0.52% of TFI International at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Nicholas Investment Partners LP purchased a new position in TFI International during the second quarter valued at $20,276,000. Legal & General Group Plc purchased a new stake in TFI International in the second quarter worth about $60,417,000. The Manufacturers Life Insurance Company purchased a new stake in TFI International in the second quarter worth about $189,264,000. Hill City Capital LP bought a new position in shares of TFI International in the second quarter worth about $20,818,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of TFI International in the second quarter worth about $136,656,000. 73.30% of the stock is owned by institutional investors.

TFI International Stock Performance

NYSE:TFII opened at $136.41 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.08 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 stock has a 50-day moving average price of $143.82 and a 200 day moving average price of $134.23. The stock has a market capitalization of $11.21 billion, a P/E ratio of 33.52, a P/E/G ratio of 0.84 and a beta of 1.62.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Monday, July 27th. The company reported $1.85 EPS 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 for the quarter, compared to analysts’ expectations of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Equities research analysts forecast that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Announces Dividend

The business 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 annualized dividend and a dividend yield of 1.4%. TFI International’s dividend payout ratio (DPR) is presently 46.19%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on TFII shares. Wall Street Zen upgraded TFI International from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Stephens raised their target price on shares of TFI International from $195.00 to $205.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Susquehanna lifted their price target on shares of TFI International from $182.00 to $185.00 and gave the company a “positive” rating in a report on Tuesday, July 14th. Morgan Stanley upped their price target on shares of TFI International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $170.00 price target (up from $140.00) on shares of TFI International in a research report on Tuesday, June 9th. One investment 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.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $175.76.

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.