Hsbc Holdings PLC purchased a new stake in shares of GFL Environmental Inc. (NYSE:GFL – Free Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 14,550 shares of the company’s stock, valued at approximately $602,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Aster Capital Management DIFC Ltd purchased a new stake in shares of GFL Environmental during the fourth quarter worth $25,000. Whipplewood Advisors LLC acquired a new stake in GFL Environmental during the first quarter valued at $32,000. Sunbelt Securities Inc. purchased a new position in GFL Environmental in the third quarter valued at about $33,000. EverSource Wealth Advisors LLC grew its stake in GFL Environmental by 43.1% in the second quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company’s stock valued at $37,000 after purchasing an additional 219 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in GFL Environmental by 45.2% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company’s stock worth $46,000 after purchasing an additional 304 shares during the last quarter. 64.70% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting GFL Environmental
Here are the key news stories impacting GFL Environmental this week:
- Positive Sentiment: Potential go-private transaction: Reports say at least six private-equity groups are interested in acquiring GFL, creating takeover speculation and the possibility of a premium offer. The company acknowledged that multiple parties have expressed interest but said there is no assurance that a transaction will occur. GFL Environmental Lifts Outlook, Says Multiple Parties Are Interested in Go-Private Deal
- Positive Sentiment: Raised full-year outlook: GFL increased its 2026 guidance for the second time this year and now expects mid-to-high-teens growth across key financial metrics, before potential upside from its SECURE business. Management cited strong demand, acquisitions and improving operating trends. GFL Environmental Reports Second Quarter 2026 Results and Raises Full Year 2026 Guidance
- Positive Sentiment: Strong operating performance: Second-quarter revenue rose 16.3% year over year to approximately $1.37 billion, exceeding estimates. Adjusted EBITDA increased 14.8% to $591.2 million, adjusted free cash flow and operating cash flow improved, and organic revenue growth accelerated to 6.4%. GFL Environmental Second-Quarter Results
- Neutral Sentiment: Analyst valuation remains mixed: Recent price targets range from $40 to $74, with a reported median of $60, indicating upside potential but also substantial disagreement about GFL’s appropriate valuation and execution prospects.
- Negative Sentiment: EPS missed expectations: Reported quarterly EPS was $0.14, below the $0.17 consensus and down from $0.26 a year earlier. The company also recorded a significant net loss from continuing operations, while rising costs pressured operating profitability. GFL Environmental Q2 Earnings Miss Estimates
- Negative Sentiment: Balance-sheet risk persists: Total liabilities increased year over year, and GFL’s debt-heavy capital structure could limit financial flexibility. Investors may continue to focus on whether EBITDA and free-cash-flow growth can offset leverage and weaker reported net income.
GFL Environmental Trading Up 3.5%
GFL Environmental (NYSE:GFL – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.03). GFL Environmental had a negative net margin of 3.28% and a positive return on equity of 4.13%. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the business earned $0.26 earnings per share. GFL Environmental’s quarterly revenue was up 16.3% on a year-over-year basis. On average, analysts forecast that GFL Environmental Inc. will post 0.56 earnings per share for the current fiscal year.
GFL Environmental Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 13th will be issued a dividend of $0.0169 per share. The ex-dividend date of this dividend is Monday, July 13th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.2%. GFL Environmental’s dividend payout ratio is currently -11.32%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. Weiss Ratings raised GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday. Zacks Research cut GFL Environmental from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 22nd. JPMorgan Chase & Co. increased their price objective on GFL Environmental from $40.00 to $41.00 and gave the stock an “underweight” rating in a report on Thursday, July 16th. Scotiabank cut their price objective on shares of GFL Environmental from $56.00 to $52.00 and set a “sector outperform” rating on the stock in a research report on Monday, May 4th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of GFL Environmental in a research note on Wednesday, May 13th. Twelve equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, GFL Environmental presently has an average rating of “Moderate Buy” and an average target price of $54.89.
Check Out Our Latest Stock Analysis on GFL Environmental
About GFL Environmental
GFL Environmental Inc is a leading North American provider of diversified environmental services, offering comprehensive solutions across solid waste management, liquid waste management, soil remediation and infrastructure services. The company’s core business activities include residential, commercial and industrial waste collection, recycling, composting and landfill management. In addition to traditional waste services, GFL provides specialized liquid waste hauling, treatment and disposal services as well as environmental consulting to support industrial and municipal clients in meeting regulatory and sustainability goals.
Founded in 2007 by entrepreneur Patrick Dovigi, GFL Environmental has pursued an aggressive growth strategy driven by strategic acquisitions and organic expansion.
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