26,561 Shares in TFI International Inc. $TFII Purchased by Engineers Gate Manager LP

Engineers Gate Manager LP bought a new stake in shares of TFI International Inc. (NYSE:TFII) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 26,561 shares of the company’s stock, valued at approximately $3,813,000.

A number of other large investors also recently added to or reduced their stakes in the business. Caisse de depot et placement du Quebec purchased a new stake in TFI International during the 2nd quarter valued at approximately $910,995,000. Jupiter Topco LLC purchased a new position in shares of TFI International in the second quarter worth $515,259,000. The Manufacturers Life Insurance Company bought a new position in shares of TFI International during the 2nd quarter valued at about $189,264,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of TFI International in the second quarter worth about $136,656,000. Finally, Canada Pension Plan Investment Board bought a new position in TFI International during the second quarter valued at approximately $61,329,000. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Price Performance

NYSE:TFII opened at $131.09 on Friday. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of 32.21, a PEG ratio of 0.81 and a beta of 1.62. 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 business has a 50 day simple moving average of $141.46 and a 200-day simple moving average of $135.10. TFI International Inc. has a 1 year low of $80.63 and a 1 year high of $167.69.

TFI International (NYSE:TFII) last released its earnings results 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. 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 the consensus estimate of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Equities analysts forecast that TFI International Inc. will post 6.06 EPS for the current year.

TFI International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders 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 dividend on an annualized basis and a yield of 1.4%. TFI International’s payout ratio is 46.19%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on TFII shares. Citigroup reduced their price objective on TFI International from $182.00 to $180.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. TD Cowen raised their target price on shares of TFI International from $154.00 to $158.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Stephens boosted their price target on shares of TFI International from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Morgan Stanley upped their price target on shares of TFI International from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, TD lifted their price objective on shares of TFI International from $153.00 to $154.00 and gave the stock a “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 assigned a Hold rating to the company. Based on data from MarketBeat, TFI International has a consensus rating of “Moderate Buy” and an average price target of $175.76.

TFI International Profile

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides freight transportation, package and courier delivery, and logistics services through a network of operating businesses serving customers across Canada, the United States and Mexico.

Its operations include less-than-truckload and truckload transportation, final-mile delivery, specialized services, and supply chain management. TFI International also offers brokerage, warehousing and other logistics solutions designed to support the movement and distribution of commercial and industrial goods.

The company traces its history to 1957 and was formerly known as TransForce Inc In 2021, it acquired UPS Freight, which was subsequently rebranded as TForce Freight and expanded TFI International’s presence in the U.S.