Man Group plc Purchases Shares of 36,800 TFI International Inc. $TFII

Man Group plc acquired a new stake in TFI International Inc. (NYSE:TFII) in the second quarter, HoldingsChannel reports. The fund acquired 36,800 shares of the company’s stock, valued at approximately $5,295,000.

Several other institutional investors also recently modified their holdings of the company. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of TFI International by 0.5% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 24,172 shares of the company’s stock valued at $2,498,000 after purchasing an additional 121 shares during the period. Versant Capital Management Inc grew its holdings in TFI International by 47.3% during the second quarter. Versant Capital Management Inc now owns 408 shares of the company’s stock worth $59,000 after purchasing an additional 131 shares during the period. Allworth Financial LP bought a new position in TFI International during the second quarter worth about $46,000. State of Wyoming acquired a new position in TFI International during the second quarter worth approximately $56,000. Finally, Tacita Capital Inc acquired a new position in TFI International during the second quarter worth approximately $91,000. 73.30% of the stock is currently owned by institutional investors and hedge funds.

TFI International Trading Up 0.0%

Shares of TFII stock opened at $133.32 on Monday. The firm has a 50 day moving average price of $143.58 and a two-hundred day moving average price of $134.31. The company has a quick ratio of 1.08, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $10.96 billion, a PE ratio of 32.76, a price-to-earnings-growth ratio of 0.83 and a beta of 1.62. TFI International Inc. has a 12-month low of $80.63 and a 12-month high of $167.69.

TFI International (NYSE:TFII) last posted its earnings results on Monday, July 27th. The company reported $1.85 EPS 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 company 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, analysts predict that TFI International Inc. will post 6.06 earnings per share for the current year.

TFI International Announces Dividend

The company also recently declared 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 is Wednesday, September 30th. This represents a $1.88 annualized dividend and a yield of 1.4%. TFI International’s payout ratio is 46.19%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TFII. UBS Group raised their price objective on TFI International from $154.00 to $159.00 and gave the company a “neutral” rating in a research report on Tuesday, July 28th. TD boosted their target price on TFI International from $153.00 to $154.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Bank of America increased their price target on TFI International from $178.00 to $187.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Wall Street Zen raised TFI International from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Finally, Stifel Nicolaus raised their price target on TFI International from $150.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday, July 28th. One research 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $175.76.

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.