TFI International Inc. $TFII Stock Sold by Baskin Financial Services Inc.

Baskin Financial Services Inc. reduced its holdings in shares of TFI International Inc. (NYSE:TFII) by 2.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 386,577 shares of the company’s stock after selling 10,499 shares during the period. TFI International accounts for approximately 3.7% of Baskin Financial Services Inc.’s investment portfolio, making the stock its 9th biggest holding. Baskin Financial Services Inc. owned approximately 0.47% of TFI International worth $46,326,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Caisse de depot et placement du Quebec bought a new stake in shares of TFI International during the 2nd quarter valued at about $910,995,000. Jupiter Topco LLC bought a new stake in TFI International in the second quarter worth approximately $515,259,000. Maple Rock Capital Partners Inc. increased its holdings in TFI International by 4.2% in the second quarter. Maple Rock Capital Partners Inc. now owns 1,418,409 shares of the company’s stock worth $203,641,000 after purchasing an additional 56,578 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in TFI International in the second quarter worth approximately $189,264,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in TFI International in the second quarter valued at approximately $136,656,000. 73.30% of the stock is owned by institutional investors.

TFI International Stock Down 2.0%

NYSE TFII traded down $2.33 during mid-day trading on Monday, hitting $111.72. The company’s stock had a trading volume of 101,128 shares, compared to its average volume of 367,825. The firm has a market capitalization of $9.18 billion, a price-to-earnings ratio of 27.46, a PEG ratio of 0.71 and a beta of 1.63. The company’s 50 day simple moving average is $128.59 and its 200 day simple moving average is $137.20. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83. TFI International Inc. has a twelve month low of $80.63 and a twelve month high of $167.69.

TFI International (NYSE:TFII) last released its quarterly earnings data 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 firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.23 billion. TFI International had a net margin of 4.14% and a return on equity of 14.87%. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Analysts anticipate that TFI International Inc. will post 6.01 earnings per share for the current year.

TFI International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.47 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.88 annualized dividend and a yield of 1.7%. TFI International’s dividend payout ratio (DPR) is presently 46.19%.

Wall Street Analyst Weigh In

TFII has been the topic of a number of research analyst reports. Susquehanna cut their price target on TFI International from $185.00 to $164.00 and set a “positive” rating on the stock in a report on Friday, October 2nd. Wall Street Zen lowered shares of TFI International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 10th. Morgan Stanley lifted 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. UBS Group lifted their price target on shares of TFI International from $154.00 to $159.00 and gave the company a “neutral” rating in a research note on Tuesday, July 28th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of TFI International from $175.00 to $168.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $167.94.

TFI International Company Profile

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides a broad range of freight and supply chain services through a network of operating companies in Canada and the United States.

Its business activities include package and courier delivery, less-than-truckload and truckload transportation, freight brokerage, logistics, warehousing, and specialized services. TFI International also serves niche transportation markets, including waste management, environmental services, and other specialized freight requirements.

The company traces its origins to 1957 and has expanded through organic growth and acquisitions.