TFI International (NYSE:TFII – Free Report) had its target price decreased by JPMorgan Chase & Co. from $175.00 to $168.00 in a research report released on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.
A number of other equities research analysts have also commented on TFII. National Bank Financial upped their target price on TFI International from $160.00 to $161.00 and gave the company an “outperform” rating in a research report on Tuesday, July 28th. 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 report on Monday, July 6th. Bank of America raised their price objective on shares of TFI International from $178.00 to $187.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. UBS Group upped their price target on TFI International from $154.00 to $159.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. Finally, Susquehanna reduced their target price on TFI International from $185.00 to $164.00 and set a “positive” rating for the company in a research note on Friday. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $171.71.
Read Our Latest Stock Analysis on TFI International
TFI International Trading Down 3.4%
TFI International (NYSE:TFII – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.26. The business had revenue of $2.29 billion during 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. On average, research analysts predict that TFI International will post 6.06 earnings per share for the current fiscal year.
TFI International Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors 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 1.6%. TFI International’s dividend payout ratio (DPR) is presently 46.19%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of TFII. Allworth Financial LP acquired a new stake in TFI International during the second quarter worth about $46,000. State of Wyoming acquired a new position in TFI International in the 2nd quarter valued at about $56,000. Versant Capital Management Inc grew its stake in shares of TFI International by 47.3% in 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 during the period. Tacita Capital Inc acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $91,000. Finally, Oslo Pensjonsforsikring AS purchased a new stake in shares of TFI International during the 1st quarter valued at approximately $184,000. Institutional investors and hedge funds own 73.30% of the company’s stock.
TFI International Company Profile
TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.
The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.
TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.
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