Korea Investment CORP Invests $8.68 Million in TFI International Inc. $TFII

Korea Investment CORP acquired a new stake in TFI International Inc. (NYSE:TFII) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 60,337 shares of the company’s stock, valued at approximately $8,682,000. Korea Investment CORP owned approximately 0.07% of TFI International at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allworth Financial LP purchased a new position in TFI International during the 2nd quarter valued at about $46,000. State of Wyoming acquired a new stake in shares of TFI International during the second quarter worth about $56,000. Versant Capital Management Inc lifted its position in shares of 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 in the last quarter. Tacita Capital Inc purchased a new position in shares of TFI International in the second quarter valued at approximately $91,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in shares of TFI International in the first quarter valued at approximately $184,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on TFII. Scotia increased their target price on shares of TFI International from $260.00 to $263.00 and gave the stock a “sector outperform” rating in a report on Tuesday, July 28th. BMO Capital Markets restated a “market perform” rating and issued a $170.00 price target (up from $140.00) on shares of TFI International in a research note on Tuesday, June 9th. Zacks Research raised TFI International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 23rd. Stephens increased their price objective on TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of TFI International in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $175.76.

TFI International Price Performance

TFI International stock opened at $135.73 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. The company has a fifty day simple moving average of $144.55 and a 200-day simple moving average of $133.94. The stock has a market cap of $11.16 billion, a P/E ratio of 33.35, a price-to-earnings-growth ratio of 0.88 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 quarterly earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.26. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations 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. Equities analysts expect that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.47 per share. 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 presently 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.