Clear Harbor Asset Management LLC Acquires Shares of 31,056 TFI International Inc. $TFII

Clear Harbor Asset Management LLC bought a new position in shares of TFI International Inc. (NYSE:TFII) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 31,056 shares of the company’s stock, valued at approximately $4,469,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. United Services Automobile Association bought a new position in shares of TFI International in the 1st quarter worth $217,000. Marshall Wace LLP acquired a new position in TFI International in the second quarter valued at about $294,000. BNP Paribas Financial Markets grew its position in shares of TFI International by 104.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company’s stock worth $11,275,000 after buying an additional 64,108 shares during the period. Russell Investments Group Ltd. grew its position in shares of TFI International by 34.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 27,623 shares of the company’s stock worth $2,432,000 after buying an additional 7,150 shares during the period. Finally, Twin Tree Management LP increased its stake in shares of TFI International by 6.5% in the 3rd quarter. Twin Tree Management LP now owns 16,527 shares of the company’s stock valued at $1,455,000 after acquiring an additional 1,013 shares during the last quarter. Institutional investors own 73.30% of the company’s stock.

Analyst Ratings Changes

TFII has been the topic of a number of analyst reports. Citigroup cut their price target on shares of TFI International from $182.00 to $180.00 and set a “buy” rating on the stock in a research report on Tuesday, July 28th. Royal Bank Of Canada upped their target price on shares of TFI International from $158.00 to $171.00 and gave the company an “outperform” rating in a research note on Tuesday, July 28th. Stephens increased their target price on shares of TFI International from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Scotiabank reiterated an “outperform” rating on shares of TFI International in a report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. raised their price target on TFI International from $164.00 to $175.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, TFI International presently has a consensus rating of “Moderate Buy” and an average target price of $175.76.

TFI International Trading Up 1.4%

TFII opened at $141.51 on Friday. The stock has a market capitalization of $11.63 billion, a P/E ratio of 34.77, a P/E/G ratio of 0.88 and a beta of 1.62. 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 firm’s fifty day simple moving average is $144.95 and its 200 day simple moving average is $133.67.

TFI International (NYSE:TFII) last released its earnings results on Monday, July 27th. The company reported $1.85 earnings per share (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 firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, research analysts anticipate that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.47 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.3%. TFI International’s dividend payout ratio (DPR) is presently 46.19%.

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.