TFI International Inc. $TFII Stock Sold by Baskin Financial Services Inc.

Baskin Financial Services Inc. lowered its stake in shares of TFI International Inc. (NYSE:TFII) by 2.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 386,577 shares of the company’s stock after selling 10,499 shares during the quarter. TFI International accounts for 3.7% of Baskin Financial Services Inc.’s portfolio, making the stock its 9th biggest position. Baskin Financial Services Inc.’s holdings in TFI International were worth $46,326,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Nykredit A S purchased a new stake in shares of TFI International in the second quarter valued at about $3,031,000. Caisse de depot et placement du Quebec bought a new position in shares of TFI International during the second quarter valued at about $910,995,000. TD Waterhouse Canada Inc. lifted its position in shares of TFI International by 10.4% during the second quarter. TD Waterhouse Canada Inc. now owns 250,009 shares of the company’s stock valued at $34,207,000 after purchasing an additional 23,597 shares in the last quarter. Hill City Capital LP purchased a new position in TFI International during the second quarter worth about $20,817,650. Finally, BlackRock Inc. purchased a new position in TFI International during the second quarter worth about $14,341,000. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Stock Performance

Shares of NYSE TFII traded down $2.33 during mid-day trading on Monday, reaching $111.72. 101,128 shares of the company’s stock were exchanged, compared to its average volume of 367,825. The firm has a 50-day moving average price of $128.59 and a two-hundred day moving average price of $137.20. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.08. The firm has a market capitalization of $9.18 billion, a price-to-earnings ratio of 27.46, a price-to-earnings-growth ratio of 0.71 and a beta of 1.63. TFI International Inc. has a 52 week low of $80.63 and a 52 week high of $167.69.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.26. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates 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. Analysts predict that TFI International Inc. will post 6.01 EPS for the current year.

TFI International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Wednesday, September 30th. TFI International’s payout ratio is presently 46.19%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TFI International in a research report on Monday, September 21st. Canadian Imperial Bank of Commerce dropped their target price on shares of TFI International from $175.00 to $158.00 and set an “outperformer” rating on the stock in a research report on Monday, October 5th. Scotiabank restated an “outperform” rating on shares of TFI International in a research note on Thursday. Zacks Research lowered TFI International from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of TFI International in a report on Wednesday, October 7th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $167.94.

About TFI International

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.