Caisse de depot et placement du Quebec Acquires Shares of 6,331,000 TFI International Inc. $TFII

Caisse de depot et placement du Quebec bought a new stake in shares of TFI International Inc. (NYSE:TFII) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,331,000 shares of the company’s stock, valued at approximately $910,995,000. TFI International accounts for 1.3% of Caisse de depot et placement du Quebec’s holdings, making the stock its 12th largest position. Caisse de depot et placement du Quebec owned about 0.08% of TFI International as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of TFI International by 0.5% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company’s stock worth $2,498,000 after acquiring an additional 121 shares during the last quarter. Versant Capital Management Inc boosted its position in TFI International by 47.3% during the second quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock valued at $59,000 after purchasing an additional 131 shares during the last quarter. Allworth Financial LP acquired a new stake in TFI International during the second quarter valued at $46,000. State of Wyoming purchased a new position in TFI International in the second quarter valued at about $56,000. Finally, Tacita Capital Inc acquired a new stake in shares of TFI International during the 2nd quarter valued at about $91,000. 73.30% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TFII has been the topic of a number of research reports. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of TFI International in a report on Tuesday, July 28th. Susquehanna lifted their target price on shares of TFI International from $182.00 to $185.00 and gave the company a “positive” rating in a research note on Tuesday, July 14th. Stifel Nicolaus increased their price target on shares of TFI International from $150.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, July 28th. The Goldman Sachs Group raised their price target on shares of TFI International from $145.00 to $168.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Finally, Zacks Research raised shares of TFI International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. One research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $175.76.

TFI International Stock Down 1.1%

TFI International stock opened at $134.34 on Wednesday. The firm has a market cap of $11.04 billion, a price-to-earnings ratio of 33.01, a P/E/G ratio of 0.84 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. TFI International Inc. has a fifty-two week low of $80.63 and a fifty-two week high of $167.69. The firm has a fifty day moving average price of $144.18 and a two-hundred day moving average price of $134.02.

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, beating the consensus estimate of $1.59 by $0.26. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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. As a group, analysts forecast that TFI International Inc. will post 6.06 earnings per share for the current year.

TFI International Dividend Announcement

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