Fred Alger Management Adds $37M in GFL Environmental Inc. ($GFL)

Key Points

  • Fred Alger Management changed its GFL Environmental Inc. ($GFL) stake by 19.80% last quarter, boosting to 6,017,527 shares worth $221.38 million.
  • $GFL last traded around $36.79.

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Fred Alger Management increased its position in GFL Environmental Inc. ($GFL) by 19.80% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,017,527 shares of GFL Environmental Inc. after buying 994,511 shares during the quarter. Fred Alger Management's holdings in GFL Environmental Inc. were worth $221.38 million as of its most recent filing.

GFL Environmental Inc. Stock Down 14.1%

Shares of GFL Environmental Inc. ($GFL) traded around $36.79 on Sunday, down 14.1% for the day.

Last price$36.79
Market cap$15.26B
Forward P/E46.63
Beta0.49
52-week low$33.33
52-week high$50.01
50-day MA$39.80
200-day MA$41.01
Current ratio0.75
Quick ratio0.64
Debt-to-equity1.34

GFL Environmental Inc. Earnings

EPS (ttm)-$0.41
Revenue (ttm)$6.97B
Revenue growth16.30%
Net margin-2.87%
Return on equity-2.25%
Next earningsNov 4, 2026

GFL Environmental Inc. Dividend

Annual dividend$0.07
Dividend yield16%
Payout ratio16.69%
Ex-dividend dateJul 13, 2026

Analysts Set New Price Targets

Average target$51.62
High target$65.92
Low target$41.15
Analysts covering12

About GFL Environmental Inc.

GFL Environmental Inc. provides non-hazardous solid waste management services in Canada and the United States. It offers solid waste management services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, commercial, and industrial customers. The company was incorporated in 2007 and is headquartered in Miami Beach, Florida.

ExchangeNYSE
SectorIndustrials
IndustryWaste Management
HeadquartersMiami Beach, FL
CEOMr. Patrick Dovigi
Employees15,500

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