419,869 Shares in TFI International Inc. $TFII Bought by Legal & General Group Plc

Legal & General Group Plc bought a new position in TFI International Inc. (NYSE:TFII) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 419,869 shares of the company’s stock, valued at approximately $60,417,000.

Several other large investors have also recently bought and sold shares of TFII. Allworth Financial LP acquired a new stake in shares of TFI International during the second quarter valued at about $46,000. State of Wyoming bought a new stake in shares of TFI International during the second quarter worth about $56,000. Versant Capital Management Inc increased its stake in shares of TFI International by 47.3% in the second 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 position in shares of TFI International in the second quarter valued at approximately $91,000. Finally, Oslo Pensjonsforsikring AS acquired a new position in shares of TFI International in the first quarter valued at approximately $184,000. 73.30% of the stock is currently owned by institutional investors.

TFI International Price Performance

Shares of TFII opened at $133.32 on Friday. TFI International Inc. has a 1 year low of $80.63 and a 1 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 capitalization of $10.96 billion, a price-to-earnings ratio of 32.76, a price-to-earnings-growth ratio of 0.84 and a beta of 1.62. The business has a 50-day moving average of $143.58 and a 200-day moving average of $134.22.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Monday, July 27th. The company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. As a group, equities research analysts anticipate 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. Shareholders of record on Wednesday, September 30th will be issued 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 dividend payout ratio (DPR) is presently 46.19%.

Wall Street Analyst Weigh In

TFII has been the topic of several recent research reports. Stephens lifted their target price on shares of TFI International from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Citigroup decreased their price target on shares of TFI International from $182.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Morgan Stanley raised their price target on shares of TFI International from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. The Goldman Sachs Group lifted their price target on shares of TFI International from $145.00 to $168.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $170.00 price target (up from $140.00) on shares of TFI International in a report on Tuesday, June 9th. One investment 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.