Turtle Creek Asset Management Inc. Sells 292,300 Shares of TFI International Inc. $TFII

Turtle Creek Asset Management Inc. trimmed its holdings in shares of TFI International Inc. (NYSE:TFII) by 21.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,082,942 shares of the company’s stock after selling 292,300 shares during the quarter. TFI International accounts for about 4.4% of Turtle Creek Asset Management Inc.’s holdings, making the stock its 12th largest position. Turtle Creek Asset Management Inc.’s holdings in TFI International were worth $117,640,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of TFII. United Services Automobile Association bought a new position in TFI International in the 1st quarter valued at $217,000. Marshall Wace LLP bought a new stake in shares of TFI International during the 2nd quarter worth $294,000. BNP Paribas Financial Markets boosted its holdings in shares of TFI International by 104.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 125,737 shares of the company’s stock worth $11,275,000 after buying an additional 64,108 shares during the last quarter. Russell Investments Group Ltd. grew its position in TFI International by 34.9% during the third quarter. Russell Investments Group Ltd. now owns 27,623 shares of the company’s stock valued at $2,432,000 after buying an additional 7,150 shares during the period. Finally, Twin Tree Management LP grew its position in TFI International by 6.5% during the third quarter. Twin Tree Management LP now owns 16,527 shares of the company’s stock valued at $1,455,000 after buying an additional 1,013 shares during the period. 73.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TFII has been the topic of several research reports. Citigroup lowered their price objective on shares of TFI International from $182.00 to $180.00 and set a “buy” rating on the stock in a research report on Tuesday. Morgan Stanley raised their price target on shares of TFI International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Bank of America lifted their price target on shares of TFI International from $178.00 to $187.00 and gave the stock a “buy” rating in a report on Tuesday. Zacks Research upgraded TFI International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. Finally, TD Cowen increased their price objective on TFI International from $154.00 to $158.00 and gave the company a “buy” rating in a report on Tuesday. 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 MarketBeat, TFI International has a consensus rating of “Moderate Buy” and an average price target of $175.76.

TFI International Trading Down 4.6%

Shares of TFI International stock opened at $141.02 on Thursday. The stock has a market capitalization of $11.59 billion, a P/E ratio of 34.65, a P/E/G ratio of 1.24 and a beta of 1.64. TFI International Inc. has a 52-week low of $80.63 and a 52-week high of $167.69. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.06 and a current ratio of 1.09. The stock’s 50-day simple moving average is $149.95 and its 200 day simple moving average is $130.20.

TFI International (NYSE:TFII) last issued its earnings results on Monday, July 27th. The company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.26. The firm had revenue of $2.29 billion during 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. As a group, research analysts anticipate that TFI International Inc. will post 5.68 EPS for the current year.

TFI International Announces Dividend

The firm also recently declared 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. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, September 30th. TFI International’s dividend payout ratio is presently 52.37%.

Trending Headlines about TFI International

Here are the key news stories impacting TFI International this week:

• Positive Sentiment: Q2 earnings beat expectations: TFI reported adjusted earnings of $1.85 per share versus the $1.59 consensus estimate, while revenue of $2.29 billion exceeded the $2.23 billion forecast. The company issued third-quarter EPS guidance of $1.70–$1.80. TFI International Reports Q2 Earnings
• Positive Sentiment: Analysts remain constructive: JPMorgan raised its target to $175 and maintained an overweight rating; RBC increased its target to $171 with an outperform rating; National Bank raised its target to $161; and Stifel lifted its target to $160. Scotia also raised its target to $263 and maintained a sector-outperform rating. Analysts Are Bullish on TFI International
• Positive Sentiment: Dividend declared: TFI announced a quarterly dividend of $0.47 per share, payable October 15 to shareholders of record September 30. The dividend provides ongoing shareholder returns, although the yield is approximately 1.3%.
• Neutral Sentiment: Mixed target revision: Citigroup reduced its target from $182 to $180 but retained a buy rating, still implying substantial potential upside based on the cited price.
• Negative Sentiment: Valuation remains a concern: A GuruFocus analysis estimated TFII’s GF Value at $131.72 versus a referenced share price of $145.87, suggesting the stock may have been trading above estimated fair value. The recent decline may therefore reflect valuation pressure after the stock approached its 52-week high. A Look at TFI International After Decline

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.