Zacks Research upgraded shares of TFI International (NYSE:TFII – Free Report) from a hold rating to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.
Several other research analysts also recently commented on the stock. Royal Bank Of Canada raised their price target on shares of TFI International from $137.00 to $158.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Bank of America raised shares of TFI International from a “neutral” rating to a “buy” rating and lifted their price target for the company from $122.00 to $161.00 in a research note on Tuesday, April 28th. Canadian Imperial Bank of Commerce increased their price objective on TFI International from $134.00 to $162.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Stifel Nicolaus lifted their target price on TFI International from $117.00 to $136.00 and gave the company a “hold” rating in a research report on Tuesday, April 28th. Finally, Wall Street Zen raised TFI International from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.86.
Read Our Latest Stock Analysis on TFI International
TFI International Price Performance
TFI International (NYSE:TFII – Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.10. TFI International had a net margin of 3.79% and a return on equity of 13.43%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.89 billion. TFI International has set its Q2 2026 guidance at 1.500-1.600 EPS. As a group, equities research analysts forecast that TFI International will post 5.36 EPS for the current year.
TFI International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.47 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.3%. TFI International’s dividend payout ratio (DPR) is currently 52.37%.
Hedge Funds Weigh In On TFI International
Several institutional investors and hedge funds have recently added to or reduced their stakes in TFII. Public Employees Retirement System of Ohio lifted its position in shares of TFI International by 9.0% during the first quarter. Public Employees Retirement System of Ohio now owns 12,980 shares of the company’s stock valued at $1,408,000 after buying an additional 1,077 shares during the last quarter. Oslo Pensjonsforsikring AS acquired a new stake in TFI International in the first quarter valued at approximately $184,000. Bank of New York Mellon Corp grew its holdings in TFI International by 75.3% in the first quarter. Bank of New York Mellon Corp now owns 115,057 shares of the company’s stock worth $12,499,000 after purchasing an additional 49,411 shares during the last quarter. Ferguson Wellman Capital Management Inc. acquired a new position in shares of TFI International during the first quarter worth $276,000. Finally, New York State Common Retirement Fund purchased a new stake in shares of TFI International during the 4th quarter valued at $782,000. Hedge funds and other institutional investors own 73.30% of the company’s stock.
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.
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