JPMorgan Chase & Co. Cuts TFI International (NYSE:TFII) Price Target to $168.00

TFI International (NYSE:TFII) had its price target cut by JPMorgan Chase & Co. from $175.00 to $168.00 in a research report released on Monday,Benzinga reports. They currently have an overweight rating on the stock.

Several other analysts also recently commented on the company. TD Cowen upped their price objective on TFI International from $154.00 to $158.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. BMO Capital Markets reiterated a “market perform” rating and issued a $170.00 target price (up from $140.00) on shares of TFI International in a research note on Tuesday, June 9th. Stephens boosted their target price on TFI International from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Stifel Nicolaus upped their price target on TFI International from $150.00 to $160.00 and gave the stock a “hold” rating in a research note on Tuesday, July 28th. Finally, Bank of America increased their price target on TFI International from $178.00 to $187.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $169.59.

TFI International Trading Down 1.3%

Shares of TFI International stock opened at $112.43 on Monday. TFI International has a 1 year low of $80.63 and a 1 year 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 company has a market capitalization of $9.24 billion, a P/E ratio of 27.62, a PEG ratio of 0.71 and a beta of 1.63. The company’s fifty day moving average is $131.95 and its two-hundred day moving average is $136.74.

TFI International (NYSE:TFII) last announced its earnings results on Monday, July 27th. The company reported $1.85 EPS for the quarter, beating 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 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. Analysts forecast that TFI International will post 6.06 earnings per share for the current year.

TFI International Announces Dividend

The firm also recently announced 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 1.7%. The ex-dividend date of this dividend is Wednesday, September 30th. TFI International’s dividend payout ratio is 46.19%.

Institutional Trading of TFI International

Hedge funds have recently modified their holdings of the business. Engineers Gate Manager LP purchased a new stake in shares of TFI International in the second quarter valued at approximately $3,813,000. Cidel Asset Management Inc. raised its position in TFI International by 2.1% in the second quarter. Cidel Asset Management Inc. now owns 49,098 shares of the company’s stock worth $7,065,000 after acquiring an additional 1,020 shares in the last quarter. Baird Financial Group Inc. purchased a new position in TFI International in the second quarter worth $20,261,000. Nykredit A S acquired a new stake in TFI International in the second quarter valued at $2,125,000. Finally, Amundi lifted its holdings in TFI International by 2.6% in the second quarter. Amundi now owns 70,051 shares of the company’s stock valued at $10,057,000 after acquiring an additional 1,798 shares during the period. 73.30% of the stock is owned by institutional investors and hedge funds.

About TFI International

TFI International Inc is a transportation and logistics company headquartered in Saint-Laurent, Quebec. Through its operating companies, TFI International provides freight transportation, logistics and related services across North America, with operations serving Canada, the United States and Mexico.

The company’s principal activities include less-than-truckload and truckload transportation, package and courier delivery, last-mile services, specialized transportation and logistics. Its specialized operations support industries and customers requiring services such as expedited delivery, freight brokerage, final-mile distribution, household moving and handling of specialized or regulated cargo.

TFI International traces its roots to 1957 and was previously known as TransForce Inc The company adopted the TFI International name in 2016 as part of a broader effort to reflect the scope of its transportation and logistics operations.