TD Waterhouse Canada Inc. Has $34.21 Million Holdings in TFI International Inc. $TFII

TD Waterhouse Canada Inc. lifted its holdings in shares of TFI International Inc. (NYSE:TFII) by 10.4% during the 2nd quarter, Holdings Channel reports. The firm owned 250,009 shares of the company’s stock after purchasing an additional 23,597 shares during the period. TD Waterhouse Canada Inc.’s holdings in TFI International were worth $34,207,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

Several brokerages have commented on TFII. Scotiabank restated an “outperform” rating on shares of TFI International in a research report on Tuesday, July 28th. UBS Group upped their price objective on shares of TFI International from $154.00 to $159.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 28th. The Goldman Sachs Group raised their target price on shares of TFI International from $145.00 to $168.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. National Bank Financial upped 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. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $170.00 price target (up from $140.00) on shares of TFI International in a research note on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $175.76.

TFI International Stock Up 3.3%

Shares of NYSE TFII opened at $137.18 on Friday. The company has a 50 day simple moving average of $142.32 and a 200 day simple moving average of $134.60. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.08. TFI International Inc. has a 1 year low of $80.63 and a 1 year high of $167.69. The firm has a market cap of $11.27 billion, a PE ratio of 33.71, a price-to-earnings-growth ratio of 0.82 and a beta of 1.62.

TFI International (NYSE:TFII) last posted 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. 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 for the quarter, compared to analyst estimates of $2.23 billion. TFI International has set its Q3 2026 guidance at 1.700-1.800 EPS. On average, research analysts forecast 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. Investors 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 1.4%. TFI International’s payout ratio is currently 46.19%.

TFI International Company 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.