Royal Bank of Canada Lowers Position in GFL Environmental Inc. $GFL

Royal Bank of Canada cut its stake in shares of GFL Environmental Inc. (NYSE:GFL) by 8.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 8,361,851 shares of the company’s stock after selling 722,876 shares during the quarter. Royal Bank of Canada’s holdings in GFL Environmental were worth $348,856,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its stake in shares of GFL Environmental by 684.5% in the 1st quarter. Jones Financial Companies Lllp now owns 2,573 shares of the company’s stock valued at $124,000 after acquiring an additional 2,245 shares during the period. Goldman Sachs Group Inc. boosted its holdings in GFL Environmental by 94.1% in the first quarter. Goldman Sachs Group Inc. now owns 714,438 shares of the company’s stock valued at $34,514,000 after purchasing an additional 346,394 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of GFL Environmental by 3.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 458,936 shares of the company’s stock worth $22,171,000 after buying an additional 14,252 shares in the last quarter. Invesco Ltd. grew its holdings in GFL Environmental by 22.7% during the 2nd quarter. Invesco Ltd. now owns 86,967 shares of the company’s stock worth $4,388,000 after acquiring an additional 16,096 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings 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 buying an additional 219 shares during the last quarter. Hedge funds and other institutional investors own 64.70% of the company’s stock.

Wall Street Analyst Weigh In

GFL has been the topic of a number of research reports. Scotiabank dropped their target price on shares of GFL Environmental from $56.00 to $52.00 and set a “sector outperform” rating on the stock in a report on Monday, May 4th. Weiss Ratings downgraded shares of GFL Environmental from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, July 14th. Citigroup set a $51.00 target price on GFL Environmental and gave the stock a “buy” rating in a research report on Monday, July 6th. Zacks Research cut shares of GFL Environmental from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 22nd. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of GFL Environmental in a research report on Wednesday, May 13th. Twelve equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $54.89.

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

GFL Environmental Trading Up 3.1%

GFL Environmental stock opened at $40.36 on Thursday. The company’s fifty day simple moving average is $37.16 and its 200-day simple moving average is $40.08. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.32. GFL Environmental Inc. has a 12 month low of $33.33 and a 12 month high of $51.51. The stock has a market cap of $14.48 billion, a P/E ratio of 126.14, a P/E/G ratio of 2.97 and a beta of 0.70.

GFL Environmental (NYSE:GFL) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.33 billion. GFL Environmental had a return on equity of 4.53% and a net margin of 3.09%.The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period last year, the business earned $0.26 earnings per share. As a group, sell-side analysts forecast that GFL Environmental Inc. will post 0.56 EPS for the current fiscal year.

GFL Environmental Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 13th will be given a $0.0169 dividend. 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 payout ratio is currently 21.88%.

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.