GFL Environmental Inc. $GFL Shares Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company increased its position in GFL Environmental Inc. (NYSE:GFL) by 68.7% in the 1st quarter, Holdings Channel reports. The firm owned 1,158,643 shares of the company’s stock after buying an additional 471,935 shares during the period. The Manufacturers Life Insurance Company’s holdings in GFL Environmental were worth $48,309,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in GFL. Advent International L.P. grew its stake in GFL Environmental by 117.1% during the 1st quarter. Advent International L.P. now owns 823,010 shares of the company’s stock worth $34,336,000 after buying an additional 443,918 shares during the last quarter. OMERS ADMINISTRATION Corp purchased a new stake in GFL Environmental in the first quarter valued at approximately $851,000. Lombard Odier Asset Management Switzerland SA purchased a new stake in GFL Environmental in the first quarter valued at approximately $201,000. Renaissance Technologies LLC boosted its holdings in shares of GFL Environmental by 249.8% in the first quarter. Renaissance Technologies LLC now owns 458,847 shares of the company’s stock valued at $19,143,000 after acquiring an additional 327,686 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of GFL Environmental by 13.6% in the first quarter. Sei Investments Co. now owns 500,055 shares of the company’s stock valued at $20,863,000 after acquiring an additional 59,859 shares during the period. 64.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Weiss Ratings raised shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday. Citigroup set a $51.00 price target on shares of GFL Environmental and gave the stock a “buy” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. raised their price objective 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. Scotiabank dropped 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 note on Monday, May 4th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of GFL Environmental in a research note on Wednesday, May 13th. Twelve research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.89.

GFL Environmental Trading Up 3.5%

Shares of GFL stock opened at $41.65 on Friday. The business’s 50 day moving average is $37.27 and its two-hundred day moving average is $40.07. GFL Environmental Inc. has a twelve month low of $33.33 and a twelve month high of $51.51. The company has a market capitalization of $14.94 billion, a P/E ratio of -78.58, a price-to-earnings-growth ratio of 3.05 and a beta of 0.70. 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 (NYSE:GFL) last released its earnings results on Wednesday, July 29th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the firm posted $0.26 EPS. The company’s revenue for the quarter was up 16.3% on a year-over-year basis. Equities analysts forecast that GFL Environmental Inc. will post 0.56 EPS for the current year.

GFL Environmental Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 13th will be given a $0.0169 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, July 13th. GFL Environmental’s dividend payout ratio (DPR) is -11.32%.

Trending Headlines about 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 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.