TFI International Inc. $TFII Stake Decreased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. cut its stake in shares of TFI International Inc. (NYSE:TFII) by 7.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 230,802 shares of the company’s stock after selling 19,207 shares during the period. TD Waterhouse Canada Inc.’s holdings in TFI International were worth $27,116,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TFII. Caisse de depot et placement du Quebec purchased a new stake in shares of TFI International in the 2nd quarter valued at approximately $910,995,000. Jupiter Topco LLC purchased a new position in shares of TFI International during the 2nd quarter worth approximately $515,259,000. Maple Rock Capital Partners Inc. boosted its position in shares of TFI International by 4.2% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company’s stock worth $203,641,000 after purchasing an additional 56,578 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in TFI International in the 2nd quarter valued at approximately $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in TFI International in the 2nd quarter valued at approximately $136,656,000. 73.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. TD Cowen boosted their target price on TFI International from $154.00 to $158.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. TD upped their price target on TFI International from $153.00 to $154.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Morgan Stanley raised 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. Stifel Nicolaus lowered their price target on TFI International from $160.00 to $132.00 and set a “hold” rating for the company in a research report on Thursday, October 8th. Finally, Citigroup reaffirmed a “cautious” rating on shares of TFI International in a research note on Wednesday, October 7th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $167.94.

TFI International Stock Performance

NYSE TFII opened at $113.88 on Friday. 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 company has a market cap of $9.36 billion, a P/E ratio of 27.98, a P/E/G ratio of 0.71 and a beta of 1.63. The stock has a 50-day moving average of $128.59 and a two-hundred day moving average of $136.98. TFI International Inc. has a 1-year low of $80.63 and a 1-year high of $167.69.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.26. The business had revenue of $2.29 billion for 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, analysts anticipate that TFI International Inc. will post 6.01 EPS for the current year.

TFI International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a $0.47 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.7%. TFI International’s payout ratio is 46.19%.

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.