Jupiter Topco LLC Acquires New Shares in TFI International Inc. $TFII

Jupiter Topco LLC bought a new stake in TFI International Inc. (NYSE:TFII) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,588,905 shares of the company’s stock, valued at approximately $515,259,000.

Several other institutional investors have also recently bought and sold shares of the business. The Manufacturers Life Insurance Company bought a new position in shares of TFI International in the second quarter worth about $189,264,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of TFI International in the 2nd quarter valued at approximately $136,656,000. Geode Capital Management LLC grew its holdings in shares of TFI International by 5.5% during the 4th quarter. Geode Capital Management LLC now owns 733,510 shares of the company’s stock valued at $76,293,000 after purchasing an additional 38,200 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in TFI International during the 2nd quarter worth approximately $61,329,000. Finally, Legal & General Group Plc bought a new position in TFI International in the 2nd quarter valued at approximately $60,417,000. Institutional investors and hedge funds own 73.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on TFII shares. Stifel Nicolaus raised their target price on shares of TFI International from $150.00 to $160.00 and gave the company a “hold” rating in a research report on Tuesday, July 28th. Royal Bank Of Canada upped their price target on shares of TFI International from $158.00 to $171.00 and gave the stock an “outperform” rating in a report on Tuesday, July 28th. National Bank Financial raised their price objective on TFI International from $160.00 to $161.00 and gave the company an “outperform” rating in a report on Tuesday, July 28th. UBS Group raised their price objective on TFI International from $154.00 to $159.00 and gave the company a “neutral” rating in a report on Tuesday, July 28th. Finally, Morgan Stanley boosted their price objective on TFI International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, TFI International currently has an average rating of “Moderate Buy” and a consensus target price of $175.76.

TFI International Stock Down 1.1%

NYSE:TFII opened at $134.34 on Wednesday. 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 company has a market cap of $11.04 billion, a PE ratio of 33.01, a P/E/G ratio of 0.84 and a beta of 1.62. The firm’s 50 day simple moving average is $144.18 and its 200 day simple moving average is $134.02.

TFI International (NYSE:TFII) last announced 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 firm 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. On average, research analysts anticipate that TFI International Inc. will post 6.06 earnings per share for the current year.

TFI International Announces Dividend

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