Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of GFL Environmental Inc. (NYSE:GFL - Free Report) by 43.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 110,886 shares of the company's stock after buying an additional 33,327 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in GFL Environmental were worth $4,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. acquired a new stake in GFL Environmental during the 3rd quarter worth about $33,000. EverSource Wealth Advisors LLC lifted its position in GFL Environmental by 43.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company's stock worth $37,000 after acquiring an additional 219 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in GFL Environmental by 45.2% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 976 shares of the company's stock worth $46,000 after acquiring an additional 304 shares during the period. Jones Financial Companies Lllp lifted its position in GFL Environmental by 21.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,606 shares of the company's stock worth $75,000 after acquiring an additional 289 shares during the period. Finally, Danske Bank A S acquired a new stake in GFL Environmental during the 3rd quarter worth about $82,000. 64.70% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
GFL has been the subject of a number of research reports. Weiss Ratings cut GFL Environmental from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, February 9th. Wolfe Research initiated coverage on GFL Environmental in a research report on Friday, March 13th. They set an "outperform" rating for the company. Citigroup lowered their price target on GFL Environmental from $55.00 to $51.00 and set a "buy" rating for the company in a research report on Tuesday, April 14th. Royal Bank Of Canada lifted their price target on GFL Environmental from $59.00 to $60.00 and gave the stock an "outperform" rating in a research report on Thursday, February 12th. Finally, JPMorgan Chase & Co. cut GFL Environmental from a "neutral" rating to an "underweight" rating and lowered their price target for the stock from $49.00 to $42.00 in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $55.44.
Check Out Our Latest Report on GFL
GFL Environmental Stock Performance
Shares of GFL stock opened at $40.47 on Friday. The stock has a market cap of $14.48 billion, a PE ratio of 5.95, a price-to-earnings-growth ratio of 3.56 and a beta of 0.84. The business has a 50-day simple moving average of $42.25 and a 200-day simple moving average of $43.39. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.05. GFL Environmental Inc. has a 52-week low of $36.96 and a 52-week high of $52.00.
GFL Environmental (NYSE:GFL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.12. The business had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.67 billion. GFL Environmental had a return on equity of 3.66% and a net margin of 56.61%.The company's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.58) EPS. On average, equities analysts expect that GFL Environmental Inc. will post 0.55 EPS for the current year.
GFL Environmental Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Monday, April 13th will be issued a $0.0169 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, April 13th. This is a positive change from GFL Environmental's previous quarterly dividend of $0.02. GFL Environmental's payout ratio is currently 1.03%.
GFL Environmental Company Profile
(
Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider GFL Environmental, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GFL Environmental wasn't on the list.
While GFL Environmental currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Spring 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
