Nicholas Investment Partners LP Takes Position in TFI International Inc. $TFII

Nicholas Investment Partners LP bought a new position in TFI International Inc. (NYSE:TFII) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 141,226 shares of the company’s stock, valued at approximately $20,276,000. TFI International comprises 1.1% of Nicholas Investment Partners LP’s holdings, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Legal & General Group Plc purchased a new position in TFI International during the second quarter valued at approximately $60,417,000. The Manufacturers Life Insurance Company purchased a new stake in TFI International in the 2nd quarter worth approximately $189,264,000. Hill City Capital LP acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $20,818,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of TFI International during the 2nd quarter worth approximately $136,656,000. Finally, Clear Harbor Asset Management LLC purchased a new position in shares of TFI International during the 2nd quarter valued at approximately $4,469,000. 73.30% of the stock is owned by institutional investors and hedge funds.

TFI International Price Performance

Shares of NYSE TFII opened at $135.73 on Tuesday. The firm has a market cap of $11.16 billion, a PE ratio of 33.35, a PEG ratio of 0.88 and a beta of 1.62. The firm has a fifty day moving average of $144.55 and a 200 day moving average of $133.94. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.09. TFI International Inc. has a one year low of $80.63 and a one year high of $167.69.

TFI International (NYSE:TFII) last posted its quarterly earnings data on Monday, July 27th. The company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.26. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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 predict that TFI International Inc. will post 6.06 EPS for the current fiscal year.

TFI International Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TFII shares. National Bank Financial increased their price target on shares of TFI International from $160.00 to $161.00 and gave the stock an “outperform” rating in a report on Tuesday, July 28th. TD Cowen lifted their price objective on shares of TFI International from $154.00 to $158.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. TD lifted their price objective on shares of TFI International from $153.00 to $154.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. The Goldman Sachs Group increased their target price on shares of TFI International from $145.00 to $168.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, Scotiabank restated an “outperform” rating on shares of TFI International in a research report on Tuesday, July 28th. 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.