Hsbc Holdings PLC Buys New Position in GFL Environmental Inc. $GFL

Hsbc Holdings PLC bought a new position in shares of GFL Environmental Inc. (NYSE:GFL) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 14,550 shares of the company’s stock, valued at approximately $602,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC bought a new position in shares of GFL Environmental during the 1st quarter valued at about $32,000. Leonteq Securities AG raised its holdings in shares of GFL Environmental by 21.1% in the 1st quarter. Leonteq Securities AG now owns 8,440 shares of the company’s stock worth $352,000 after purchasing an additional 1,469 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in GFL Environmental during the first quarter valued at approximately $635,000. USS Investment Management Ltd lifted its stake in GFL Environmental by 5.0% during the first quarter. USS Investment Management Ltd now owns 56,297 shares of the company’s stock valued at $2,338,000 after purchasing an additional 2,694 shares during the last quarter. Finally, MQS Management LLC boosted its holdings in GFL Environmental by 8.8% during the first quarter. MQS Management LLC now owns 7,815 shares of the company’s stock worth $326,000 after buying an additional 634 shares in the last quarter. 64.70% of the stock is currently owned by institutional investors.

GFL Environmental Stock Performance

Shares of GFL stock opened at $41.65 on Friday. 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. The company has a market capitalization of $14.94 billion, a price-to-earnings ratio of -78.58, a P/E/G ratio of 3.05 and a beta of 0.70. The stock’s fifty day simple moving average is $37.27 and its 200-day simple moving average is $40.07.

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 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 business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the firm posted $0.26 earnings per share. The firm’s quarterly revenue was up 16.3% on a year-over-year basis. On average, sell-side analysts predict that GFL Environmental Inc. will post 0.56 earnings per share for the current fiscal year.

GFL Environmental Dividend Announcement

The firm also recently announced 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. The ex-dividend date 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%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Zacks Research cut GFL Environmental from a “strong-buy” rating to a “hold” rating in a report on Friday, May 22nd. JPMorgan Chase & Co. lifted their target price on GFL Environmental from $40.00 to $41.00 and gave the stock an “underweight” rating in a report on Thursday, July 16th. Weiss Ratings raised GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of GFL Environmental in a research report on Wednesday, May 13th. Finally, Citigroup set a $51.00 price objective on GFL Environmental and gave the stock a “buy” rating in a report on Monday, July 6th. Twelve equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $54.89.

GFL Environmental News Summary

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.