K.J. Harrison & Partners Inc Makes New $8.03 Million Investment in TFI International Inc. $TFII

K.J. Harrison & Partners Inc acquired a new position in TFI International Inc. (NYSE:TFII) in the second quarter, HoldingsChannel reports. The fund acquired 55,920 shares of the company’s stock, valued at approximately $8,034,000. TFI International comprises 1.1% of K.J. Harrison & Partners Inc’s investment portfolio, making the stock its 24th biggest holding.

A number of other hedge funds also recently bought and sold shares of TFII. Deutsche Bank AG purchased a new stake in shares of TFI International during the 2nd quarter worth $21,499,000. Bank of New York Mellon Corp acquired a new stake in TFI International in the 2nd quarter worth approximately $17,781,000. BlackRock Inc. acquired a new stake in shares of TFI International during the second quarter worth $14,341,000. BNP Paribas Financial Markets lifted its position in TFI International by 104.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company’s stock worth $11,275,000 after acquiring an additional 64,108 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of TFI International by 5.5% during the fourth quarter. Geode Capital Management LLC now owns 733,510 shares of the company’s stock worth $76,293,000 after purchasing an additional 38,200 shares during the period. Hedge funds and other institutional investors own 73.30% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on TFII. Royal Bank Of Canada boosted their target price on shares of TFI International from $158.00 to $171.00 and gave the company an “outperform” rating in a research report on Tuesday, July 28th. Bank of America increased their target price on TFI International from $178.00 to $187.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Stifel Nicolaus raised their price target on shares of TFI International from $150.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, July 28th. TD Cowen lifted their target price on shares of TFI International from $154.00 to $158.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen upgraded TFI International from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given 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 $175.76.

TFI International Trading Down 0.6%

Shares of TFII stock opened at $145.71 on Tuesday. 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 firm has a market cap of $11.98 billion, a PE ratio of 35.80, a price-to-earnings-growth ratio of 0.91 and a beta of 1.62. The company has a 50-day moving average of $146.39 and a two-hundred day moving average of $132.95. TFI International Inc. has a 1-year low of $80.63 and a 1-year high of $167.69.

TFI International (NYSE:TFII) last posted 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 net margin of 4.14% and a return on equity of 14.87%. The firm had revenue of $2.29 billion during 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. On average, analysts predict that TFI International Inc. will post 6.06 EPS for the current year.

TFI International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.88 annualized dividend and a dividend yield of 1.3%. TFI International’s dividend payout ratio (DPR) 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.