TFI International Inc. $TFII Position Boosted by Triasima Portfolio Management inc.

Triasima Portfolio Management inc. increased its position in shares of TFI International Inc. (NYSE:TFII) by 11.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 80,742 shares of the company’s stock after buying an additional 7,991 shares during the period. TFI International accounts for 1.2% of Triasima Portfolio Management inc.’s holdings, making the stock its 25th biggest position. Triasima Portfolio Management inc. owned about 0.10% of TFI International worth $9,706,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Caisse de depot et placement du Quebec acquired a new stake in TFI International during the second quarter valued at $910,995,000. Jupiter Topco LLC acquired a new position in shares of TFI International in the second quarter worth about $515,259,000. Maple Rock Capital Partners Inc. raised its position in shares of TFI International by 4.2% in the second quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company’s stock worth $203,641,000 after acquiring an additional 56,578 shares during the period. The Manufacturers Life Insurance Company acquired a new position in shares of TFI International in the second quarter worth about $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of TFI International in the second quarter worth about $136,656,000. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Price Performance

Shares of NYSE TFII opened at $114.31 on Friday. The firm has a market cap of $9.40 billion, a PE ratio of 28.09, a PEG ratio of 0.70 and a beta of 1.63. The firm has a fifty day moving average of $129.13 and a 200 day moving average of $137.14. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.09. 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 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. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations 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. As a group, research analysts predict that TFI International Inc. will post 6.01 EPS for the current fiscal year.

TFI International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.6%. TFI International’s payout ratio is currently 46.19%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. dropped their target price on TFI International from $175.00 to $168.00 and set an “overweight” rating on the stock in a research report on Monday, October 5th. Zacks Research lowered TFI International from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Wall Street Zen cut TFI International from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 10th. Canadian Imperial Bank of Commerce reduced their price target on TFI International from $175.00 to $158.00 and set an “outperformer” rating for the company in a report on Monday, October 5th. Finally, Morgan Stanley increased their price target on TFI International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Fourteen investment 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $167.94.

TFI International Company Profile

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.