141,124 Shares in TFI International Inc. $TFII Acquired by Baird Financial Group Inc.

Baird Financial Group Inc. acquired a new stake in TFI International Inc. (NYSE:TFII) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 141,124 shares of the company’s stock, valued at approximately $20,261,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP purchased a new stake in shares of TFI International in the 2nd quarter worth about $46,000. State of Wyoming bought a new stake in TFI International in the 2nd quarter worth approximately $56,000. Versant Capital Management Inc grew its position in TFI International by 47.3% during 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 purchased a new stake in shares of TFI International in the 2nd quarter worth $91,000. Finally, Oslo Pensjonsforsikring AS bought a new position in shares of TFI International in the first quarter worth about $184,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.

TFI International Stock Down 0.0%

TFI International stock opened at $131.09 on Friday. The company has a market capitalization of $10.77 billion, a PE ratio of 32.21, a price-to-earnings-growth ratio of 0.81 and a beta of 1.62. TFI International Inc. has a fifty-two week low of $80.63 and a fifty-two week high of $167.69. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.09. The firm has a 50 day moving average price of $141.46 and a 200 day moving average price of $135.10.

TFI International (NYSE:TFII) last released its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, topping 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 business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. Research analysts expect that TFI International Inc. will post 6.06 earnings per share for the current year.

TFI International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Wednesday, September 30th. TFI International’s payout ratio is 46.19%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TFI International in a report on Wednesday, June 24th. TD Cowen boosted their price objective on TFI International from $154.00 to $158.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Susquehanna boosted their price objective on TFI International from $182.00 to $185.00 and gave the company a “positive” rating in a report on Tuesday, July 14th. Royal Bank Of Canada boosted their price objective on shares of TFI International from $158.00 to $171.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 28th. Finally, 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 research note on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $175.76.

TFI International Company Profile

TFI International Inc is a North American transportation and logistics company headquartered in Saint-Laurent, Quebec. The company provides freight transportation, package and courier delivery, and logistics services through a network of operating businesses serving customers across Canada, the United States and Mexico.

Its operations include less-than-truckload and truckload transportation, final-mile delivery, specialized services, and supply chain management. TFI International also offers brokerage, warehousing and other logistics solutions designed to support the movement and distribution of commercial and industrial goods.

The company traces its history to 1957 and was formerly known as TransForce Inc In 2021, it acquired UPS Freight, which was subsequently rebranded as TForce Freight and expanded TFI International’s presence in the U.S.