Goldman Sachs Rates TFI International (TFII) buy

Goldman Sachs has reiterated its buy rating on TFI International Inc. (NYSE:TFII), setting a new price target of $168. Analyst Jordan Alliger reaffirmed the outlook on June 23, 2026, maintaining confidence in the company's prospects.

Other Institutional Activity in TFI International

Caisse de Dépôt et Placement du Québec increased its holdings by 70,900 shares, bringing its total to 7,156,534 shares valued at approximately $776.5 million. FIL Ltd reduced its position by 1,256,638 shares, now holding 4,782,544 shares worth about $520.6 million, marking a 20.8% decrease. 1832 Asset Management L.P. also trimmed its stake by 638,272 shares, ending with 3,980,503 shares valued at $432.4 million, down 13.8%. Janus Henderson Group PLC decreased its shares by 78,021 to a total of 3,702,480 shares, valued at $402.2 million, a 2.1% reduction. Meanwhile, Royal Bank of Canada significantly boosted its position by 1,071,712 shares, totaling 3,072,691 shares worth $333.8 million, reflecting a 53.6% increase.

TFI International Inc. Stock Up 18.7%

Shares of NYSE:TFII traded near $144.61 on Tuesday. TFI International has a market capitalization of about $12.07 billion, with a P/E ratio of 40.91 and a forward P/E of 20.71. The stock's beta is 1.463, indicating higher volatility compared to the broader market. It has a 52-week low of $80.63 and a high of $167.69. The 50-day moving average is $143.38, while the 200-day moving average stands at $111.89. The company's current ratio is 1.07, with a quick ratio of 0.99 and a debt-to-equity ratio of 119.57.

Recent Earnings

TFI International reported revenue of approximately $7.87 billion, with a slight revenue decline of 0.8%. The company's earnings per share (EPS) is $3.59, while the net margin is 3.79% and return on equity (ROE) is 11.26%. The next earnings report is scheduled for July 28, 2026.

Dividend

TFI International pays an annual dividend rate of $1.86, yielding 1.28%. The dividend payout ratio is 51.25%.

Analysts Set New Price Targets

On June 23, 2026, Goldman Sachs maintained its buy rating with a $168 price target for TFI International. Citigroup also maintained a buy rating with a higher target of $188 on June 15, 2026. Susquehanna kept its buy rating with a $182 target on June 2, 2026. The consensus among analysts is a buy recommendation, with an average target price of $158.45 based on 11 analyst opinions.

About TFI International

TFI International Inc., headquartered in Saint-Laurent, Quebec, provides transportation and logistics services across the U.S., Canada, and Mexico. The company operates through its Less-Than-Truckload, Truckload, and Logistics segments, offering a range of services from smaller load transportation to full truckload and logistics management. Founded in 1957, TFI International has grown into a major player in the trucking industry with over 26,000 employees.

Bottom Line

Goldman Sachs' reiteration of its buy rating on TFI International with a new price target of $168 reflects ongoing confidence in the company's performance. Shares traded at $144.61, highlighting the stock's active trading within its 52-week range. Institutional investors are adjusting their positions, with some increasing and others decreasing their stakes. Analysts generally view TFI International favorably, maintaining buy ratings with multiple firms setting higher price targets.