TFI International Inc. (NYSE: TFII) reported solid second-quarter 2026 results, with revenue rising 12.4% year over year to $2.9 billion. Gross profit increased 11.4% to $470.4 million, while operating profit climbed 29.5% to $220.4 million, reflecting stronger profitability across the business.
Net income attributable to common shareholders jumped 38.7% to $136.2 million, and diluted earnings per share increased 41% to $1.65. The company also generated $255.6 million in cash from operating activities, underscoring continued cash generation in the quarter.
On the balance sheet, cash and cash equivalents rose sharply to $205.4 million, compared with the prior year period, while total liabilities increased 5% to $4.8 billion. Capital spending on property, plant and equipment came in at $74.6 million, down from a year earlier.
- Revenue: $2.9 billion, up 12.4%
- Operating profit: $220.4 million, up 29.5%
- Net income: $136.2 million, up 38.7%
- Diluted EPS: $1.65, up 41%
- Cash from operations: $255.6 million
The shares rose 3.5% after the market close following the earnings release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
TFI International Inc. Hedge Fund Activity
We have seen 120 institutional investors add shares of TFI International Inc. stock to their portfolio, and 90 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MAPLE ROCK CAPITAL PARTNERS INC. added 1,361,831 shares (+inf%) to their portfolio in Q1 2026, for an estimated $147,935,701
- FIL LTD removed 1,256,638 shares (-20.8%) from their portfolio in Q1 2026, for an estimated $136,508,585
- UBS GROUP AG removed 1,220,903 shares (-96.8%) from their portfolio in Q1 2026, for an estimated $132,626,692
- ROYAL BANK OF CANADA added 1,071,712 shares (+53.6%) to their portfolio in Q1 2026, for an estimated $116,420,074
- 1832 ASSET MANAGEMENT L.P. removed 638,272 shares (-13.8%) from their portfolio in Q1 2026, for an estimated $69,335,487
- CLEARBRIDGE INVESTMENTS, LLC added 630,632 shares (+inf%) to their portfolio in Q1 2026, for an estimated $68,505,554
- MANUFACTURERS LIFE INSURANCE COMPANY, THE added 506,421 shares (+33.0%) to their portfolio in Q1 2026, for an estimated $55,012,513
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
TFI International Inc. Price Targets
Multiple analysts have issued price targets for $TFII recently. We have seen 13 analysts offer price targets for $TFII in the last 6 months, with a median target of $161.0.
Here are some recent targets:
- Ariel Rosa from Citigroup set a target price of $182.0 on 07/09/2026
- Thomas Wadewitz from UBS set a target price of $154.0 on 07/07/2026
- Ravi Shanker from Morgan Stanley set a target price of $190.0 on 07/06/2026
- Kevin Chiang from CIBC set a target price of $172.0 on 06/30/2026
- Jordan Alliger from Goldman Sachs set a target price of $168.0 on 06/23/2026
- Bascome Majors from Susquehanna set a target price of $182.0 on 06/02/2026
- Walter Spracklin from RBC Capital set a target price of $158.0 on 04/28/2026
