Man Group plc Invests $5.29 Million in TFI International Inc. $TFII

Man Group plc bought a new stake in shares of TFI International Inc. (NYSE:TFII) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,800 shares of the company’s stock, valued at approximately $5,295,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP acquired a new position in shares of TFI International during the 2nd quarter worth about $46,000. State of Wyoming acquired a new stake in TFI International during the second quarter worth $56,000. Versant Capital Management Inc increased its stake in TFI International by 47.3% in the second quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock valued at $59,000 after acquiring an additional 131 shares during the period. Tacita Capital Inc bought a new stake in shares of TFI International in the 2nd quarter valued at approximately $91,000. Finally, Oslo Pensjonsforsikring AS bought a new stake in TFI International in the first quarter valued at $184,000. Institutional investors and hedge funds own 73.30% of the company’s stock.

Analysts Set New Price Targets

TFII has been the subject of a number of research reports. Zacks Research upgraded TFI International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. Scotiabank reiterated an “outperform” rating on shares of TFI International in a research report on Tuesday, July 28th. Scotia increased their price target on shares of TFI International from $260.00 to $263.00 and gave the company a “sector outperform” rating in a research report on Tuesday, July 28th. TD raised their price objective on TFI International from $153.00 to $154.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. raised their target price on shares of TFI International from $164.00 to $175.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. 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 company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $175.76.

TFI International Trading Up 0.0%

Shares of NYSE:TFII opened at $133.32 on Monday. The company’s 50-day moving average price is $143.58 and its two-hundred day moving average price is $134.31. TFI International Inc. has a one year low of $80.63 and a one year high of $167.69. 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 stock has a market capitalization of $10.96 billion, a PE ratio of 32.76, a price-to-earnings-growth ratio of 0.83 and a beta of 1.62.

TFI International (NYSE:TFII) last announced its quarterly earnings data 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 analysts’ expectations of $2.23 billion. TFI International had a return on equity of 14.87% and a net margin of 4.14%.TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. On average, equities analysts forecast that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, September 30th. TFI International’s dividend payout ratio (DPR) is currently 46.19%.

About TFI International

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.