GFL Environmental (NYSE:GFL) Lowered to “Underweight” Rating by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of GFL Environmental (NYSE:GFL) from a neutral rating to an underweight rating in a report published on Tuesday, MarketBeat reports. The firm currently has $42.00 price target on the stock, down from their previous price target of $49.00.

Several other equities research analysts also recently commented on GFL. Weiss Ratings downgraded shares of GFL Environmental from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, February 9th. Citigroup dropped their price objective on shares of GFL Environmental from $58.00 to $56.00 and set a “buy” rating on the stock in a report on Friday, January 16th. Royal Bank Of Canada upped their price objective on shares of GFL Environmental from $59.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Barclays upped their price objective on shares of GFL Environmental from $62.00 to $63.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, Scotiabank dropped their price objective on shares of GFL Environmental from $57.00 to $56.00 and set a “sector outperform” rating on the stock in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.44.

GFL Environmental Price Performance

GFL opened at $38.67 on Tuesday. The firm has a market cap of $13.84 billion, a P/E ratio of 5.69, a PEG ratio of 3.09 and a beta of 0.84. The firm has a 50-day moving average of $42.77 and a 200 day moving average of $43.75. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.58 and a current ratio of 0.58. GFL Environmental has a fifty-two week low of $36.96 and a fifty-two week high of $52.00.

GFL Environmental (NYSE:GFL) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.12. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.67 billion. GFL Environmental had a net margin of 56.61% and a return on equity of 3.66%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.58) earnings per share. On average, research analysts expect that GFL Environmental will post 0.58 EPS for the current year.

GFL Environmental Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Monday, April 13th will be issued a $0.0169 dividend. 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. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.2%. GFL Environmental’s payout ratio is currently 1.03%.

Institutional Investors Weigh In On GFL Environmental

A number of institutional investors and hedge funds have recently modified their holdings of GFL. JPMorgan Chase & Co. raised its stake in GFL Environmental by 35.2% in the third quarter. JPMorgan Chase & Co. now owns 1,344,569 shares of the company’s stock valued at $63,706,000 after purchasing an additional 349,720 shares in the last quarter. Bank of Nova Scotia raised its stake in GFL Environmental by 17.1% in the third quarter. Bank of Nova Scotia now owns 357,808 shares of the company’s stock valued at $16,950,000 after purchasing an additional 52,121 shares in the last quarter. Generate Investment Management Ltd purchased a new stake in GFL Environmental in the third quarter valued at approximately $7,891,000. Nordea Investment Management AB raised its stake in GFL Environmental by 40.8% in the fourth quarter. Nordea Investment Management AB now owns 6,673,954 shares of the company’s stock valued at $290,083,000 after purchasing an additional 1,932,442 shares in the last quarter. Finally, Citigroup Inc. raised its stake in GFL Environmental by 214.7% in the third quarter. Citigroup Inc. now owns 114,849 shares of the company’s stock valued at $5,444,000 after purchasing an additional 78,349 shares in the last quarter. 64.70% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting GFL Environmental

Here are the key news stories impacting GFL Environmental this week:

• Positive Sentiment: GFL announced a definitive deal to buy SECURE Waste Infrastructure (enterprise value reported ~C$6.4B / ~$4.6B). Management says the deal is immediately accretive, lifts pro‑forma EBITDA margins and materially increases adjusted free‑cash‑flow conversion — arguments that support long‑term earnings and cash generation. Read More.
• Neutral Sentiment: Multiple outlets and filings provide deal context and valuation (market coverage from WSJ, Financial Post, Globe & Mail). These reports help investors assess strategic fit and timing but don’t change deal economics by themselves. Read More.
• Neutral Sentiment: Citigroup trimmed its price target from $55 to $51 but kept a “Buy” rating, signaling continued analyst confidence in the company’s growth thesis despite the lower target. Read More.
• Negative Sentiment: JPMorgan downgraded GFL from “Neutral” to “Underweight” and cut its target to $42 (from $49). The downgrade increases short‑term selling pressure and raises investor caution on valuation and deal execution. Read More.
• Negative Sentiment: Market reaction includes an intra‑day slide as investors digest that the acquisition consideration is ~80% GFL shares and ~20% cash. The stock‑heavy structure raises near‑term dilution concerns, potential share issuance, and uncertainties around leverage/integration — common catalysts for share weakness after large, stock‑financed M&A. Read More.

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.