TFI International Inc. $TFII Stock Sold by Cidel Asset Management Inc.

Cidel Asset Management Inc. cut its holdings in shares of TFI International Inc. (NYSE:TFII) by 90.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,549 shares of the company’s stock after selling 44,549 shares during the period. Cidel Asset Management Inc.’s holdings in TFI International were worth $547,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Laurel Wealth Advisors LLC acquired a new position in shares of TFI International in the third quarter worth approximately $36,000. Guardian Partners Inc. lifted its stake in shares of TFI International by 1.1% in the 3rd quarter. Guardian Partners Inc. now owns 37,960 shares of the company’s stock valued at $4,563,000 after purchasing an additional 412 shares during the period. Value Partners Investments Inc. lifted its stake in TFI International by 4.7% in the third quarter. Value Partners Investments Inc. now owns 18,857 shares of the company’s stock valued at $2,268,000 after buying an additional 838 shares during the period. Financial & Tax Architects LLC boosted its holdings in shares of TFI International by 31.4% during the 3rd quarter. Financial & Tax Architects LLC now owns 4,677 shares of the company’s stock worth $561,000 after buying an additional 1,117 shares in the last quarter. Finally, Triasima Portfolio Management inc. raised its holdings in shares of TFI International by 11.0% during the third quarter. Triasima Portfolio Management inc. now owns 80,742 shares of the company’s stock valued at $9,706,000 after purchasing an additional 7,991 shares during the period. 73.30% of the stock is owned by institutional investors.

Key Stories Impacting TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: TFI reported third-quarter revenue of approximately $2.23 billion, in line with analyst expectations, while adjusted earnings and net income improved from the prior year. Net income rose to $105.7 million from $84.7 million, and reported EPS increased to $1.67 from $1.20. TFI International Reports Higher Q3 Adjusted Earnings And Revenue
• Positive Sentiment: The company’s Truckload segment performed strongly, helping offset challenges elsewhere in the portfolio. First look: TFI Truckload sparkles, but OR at LTL slips
• Positive Sentiment: TFI approved its quarterly dividend, payable January 15, 2027, supporting the stock’s income appeal. TFI International Approves Quarterly Dividend
• Neutral Sentiment: Management’s results showed divergent segment performance: Truckload improved, but the less-than-truckload operation’s operating ratio weakened, limiting the benefit of higher revenue. Segment performance analysis
• Negative Sentiment: Reported EPS of $1.67 missed the $1.75 consensus estimate, despite revenue matching expectations. The shortfall was attributed in part to high fuel costs, which compressed margins and drove the post-earnings selloff. High fuel costs drive earnings miss
• Negative Sentiment: Analysts, including Scotiabank, reduced earnings estimates, reinforcing concerns about near-term profitability and cost pressures. Scotiabank cuts TFII earnings estimates

Wall Street Analyst Weigh In

Several analysts recently issued reports on TFII shares. Stifel Nicolaus reduced their price target on shares of TFI International from $160.00 to $132.00 and set a “hold” rating for the company in a research report on Thursday, October 8th. Bank of America upped their price target on TFI International from $178.00 to $187.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. TD Cowen lifted their price objective on shares of TFI International from $154.00 to $158.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. National Bank Financial lowered their target price on shares of TFI International from $161.00 to $148.00 and set an “outperform” rating for the company in a report on Tuesday, October 6th. Finally, Susquehanna dropped their target price on shares of TFI International from $185.00 to $164.00 and set a “positive” rating on the stock in a research report on Friday, October 2nd. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $167.94.

TFI International Stock Down 0.4%

Shares of NYSE TFII opened at $92.96 on Monday. The stock has a market capitalization of $7.64 billion, a PE ratio of 21.47, a P/E/G ratio of 0.59 and a beta of 1.68. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.10. The business’s fifty day moving average price is $122.28 and its 200-day moving average price is $129.26. TFI International Inc. has a one year low of $80.63 and a one year high of $167.69.

TFI International (NYSE:TFII) last posted its quarterly earnings results on Thursday, October 29th. The company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($0.08). TFI International had a net margin of 4.26% and a return on equity of 16.05%. The business had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.23 billion. On average, equities research analysts anticipate that TFI International Inc. will post 5.95 EPS for the current year.

TFI International Company Profile

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.