Canada Pension Plan Investment Board Makes New $61.33 Million Investment in TFI International Inc. $TFII

Canada Pension Plan Investment Board acquired a new stake in shares of TFI International Inc. (NYSE:TFII) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 426,489 shares of the company’s stock, valued at approximately $61,329,000.

A number of other institutional investors have also recently made changes to their positions in TFII. Allworth Financial LP bought a new stake in shares of TFI International in the second quarter worth about $46,000. State of Wyoming bought a new position in TFI International during the second quarter valued at approximately $56,000. Versant Capital Management Inc grew its holdings in TFI International by 47.3% during the 2nd quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock valued at $59,000 after buying an additional 131 shares in the last quarter. Tacita Capital Inc purchased a new position in TFI International during the 2nd quarter valued at approximately $91,000. Finally, Oslo Pensjonsforsikring AS bought a new stake in TFI International in the 1st quarter worth approximately $184,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TFII. National Bank Financial upped their price objective on TFI International from $160.00 to $161.00 and gave the stock an “outperform” rating in a report on Tuesday, July 28th. Stephens raised their target price on shares of TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Stifel Nicolaus boosted their price target on shares of TFI International from $150.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. boosted their price target on shares of TFI International from $164.00 to $175.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Finally, Bank of America upped their price target on shares of TFI International from $178.00 to $187.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, TFI International currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.76.

TFI International Trading Up 0.9%

TFII opened at $136.41 on Friday. The stock has a 50-day moving average of $143.82 and a 200 day moving average of $134.23. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. TFI International Inc. has a 12 month low of $80.63 and a 12 month high of $167.69. The firm has a market cap of $11.21 billion, a P/E ratio of 33.52, a P/E/G ratio of 0.84 and a beta of 1.62.

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. As a group, research analysts forecast that TFI International Inc. will post 6.06 EPS for the current year.

TFI International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 30th. TFI International’s dividend payout ratio (DPR) is 46.19%.

TFI International Company 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.