TFI International (NYSE:TFII – Free Report) had its price target raised by Royal Bank Of Canada from $158.00 to $171.00 in a research note released on Tuesday, Marketbeat reports. They currently have an outperform rating on the stock.
A number of other brokerages have also commented on TFII. Wall Street Zen raised TFI International from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. 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 report on Tuesday, June 9th. Citigroup decreased their price objective on shares of TFI International from $188.00 to $182.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Stifel Nicolaus raised their target price on shares of TFI International from $150.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday. Finally, Stephens raised shares of TFI International to a “strong-buy” rating in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, TFI International presently has an average rating of “Moderate Buy” and a consensus target price of $175.76.
TFI International Trading Down 4.6%
TFI International (NYSE:TFII – Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share 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 firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. On average, analysts forecast that TFI International will post 5.96 earnings per share for the current year.
TFI International Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors 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 payout ratio is currently 46.19%.
Hedge Funds Weigh In On TFI International
A number of institutional investors have recently added to or reduced their stakes in TFII. Baillie Gifford & Co. lifted its position in 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 grew its position in shares of TFI International by 5.5% in the 4th quarter. Geode Capital Management LLC now owns 733,510 shares of the company’s stock worth $76,293,000 after buying an additional 38,200 shares during the period. Legato Capital Management LLC grew its position in shares of TFI International by 234.2% in the 4th quarter. Legato Capital Management LLC now owns 16,106 shares of the company’s stock worth $1,665,000 after buying an additional 11,287 shares during the period. Caldwell Investment Management Ltd. bought a new position in shares of TFI International in the 4th quarter worth about $1,484,000. Finally, Flow Traders U.S. LLC bought a new position in shares of TFI International in the 3rd quarter worth about $207,000. Institutional investors own 73.30% of the company’s stock.
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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