Entropy Technologies LP reduced its holdings in GFL Environmental Inc. (NYSE:GFL – Free Report) by 73.3% during the first quarter, Holdings Channel.com reports. The fund owned 10,466 shares of the company’s stock after selling 28,738 shares during the quarter. Entropy Technologies LP’s holdings in GFL Environmental were worth $437,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of GFL. Aster Capital Management DIFC Ltd bought a new stake in shares of GFL Environmental during the 4th quarter valued at about $25,000. Whipplewood Advisors LLC bought a new position in shares of GFL Environmental in the first quarter worth approximately $32,000. Sunbelt Securities Inc. purchased a new stake in GFL Environmental in the third quarter valued at approximately $33,000. EverSource Wealth Advisors LLC raised 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 raised its stake in GFL Environmental by 45.2% in the third quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company’s stock valued at $46,000 after purchasing an additional 304 shares in the last quarter. Hedge funds and other institutional investors own 64.70% of the company’s stock.
GFL Environmental Stock Performance
Shares of NYSE GFL opened at $40.36 on Thursday. The stock’s 50-day moving average is $37.16 and its 200 day moving average is $40.08. The stock has a market cap of $14.48 billion, a price-to-earnings ratio of 126.14, a P/E/G ratio of 2.97 and a beta of 0.70. GFL Environmental Inc. has a 1-year low of $33.33 and a 1-year high of $51.51. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 1.32.
GFL Environmental Dividend Announcement
The firm 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 $0.0169 dividend. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, July 13th. GFL Environmental’s payout ratio is presently 21.88%.
Key GFL Environmental News
Here are the key news stories impacting GFL Environmental this week:
- Positive Sentiment: GFL reported second-quarter revenue growth of 16.3% year over year, while adjusted EBITDA rose 14.8% to $591.2 million. Organic revenue growth accelerated to 6.4%, and the adjusted EBITDA margin expanded by 125 basis points excluding mergers and acquisitions, commodity prices and diesel costs. GFL Environmental Reports Second Quarter 2026 Results and Raises Full Year 2026 Guidance
- Positive Sentiment: The company raised its full-year 2026 guidance for the second time this year, projecting mid-to-high-teens growth across key financial metrics. Year-to-date acquisitions are expected to contribute approximately $435 million to $460 million in annualized revenue, supporting the growth outlook. GFL Environmental Reports Second Quarter 2026 Results and Raises Full Year 2026 Guidance
- Positive Sentiment: A report said at least six private-equity groups expressed interest in GFL, raising the possibility of strategic or takeover-related value for shareholders, although no transaction was announced. GFL Environmental gains on report of interest from at least six PE groups
- Neutral Sentiment: Operating cash flow increased 30.6% year over year to $293.7 million, but capital expenditures totaled $202.4 million and total liabilities rose 25.9% to $9.8 billion, highlighting both improved cash generation and elevated leverage.
- Negative Sentiment: Reported earnings were $0.14 per share, below the $0.17 consensus estimate and down from $0.26 a year earlier. GFL also posted a $162.6 million net loss from continuing operations, indicating that higher costs and below-the-line items continue to pressure GAAP profitability. GFL Environmental Inc. Q2 Earnings Miss Estimates
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. Weiss Ratings lowered shares of GFL Environmental from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, July 14th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of GFL Environmental in a report on Wednesday, May 13th. Citigroup set a $51.00 price objective on shares of GFL Environmental and gave the company a “buy” rating in a research report on Monday, July 6th. Scotiabank dropped their price objective on shares of GFL Environmental from $56.00 to $52.00 and set a “sector outperform” rating for the company in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. upped their target price on shares of GFL Environmental from $40.00 to $41.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. Twelve analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, GFL Environmental has an average rating of “Moderate Buy” and an average price target of $54.89.
Check Out Our Latest Analysis on GFL
GFL Environmental Company Profile
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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