GFL Environmental (NYSE:GFL) Stock Sees Heavy Call Option Buying

GFL Environmental Inc. (NYSE:GFL) saw unusually large options trading on Thursday. Traders purchased 41,322 call options on the stock. This represents an increase of 87% compared to the typical volume of 22,071 call options.

GFL Environmental Stock Down 3.3%

GFL Environmental stock opened at $41.94 on Thursday. The company has a 50 day moving average of $43.29 and a 200-day moving average of $40.91. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.03. GFL Environmental has a twelve month low of $33.33 and a twelve month high of $46.76. The stock has a market capitalization of $18.29 billion, a PE ratio of -53.44, a price-to-earnings-growth ratio of 3.18 and a beta of 0.68.

GFL Environmental (NYSE:GFL) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $1.49 billion. GFL Environmental had a negative net margin of 4.93% and a positive return on equity of 3.84%. On average, equities research analysts anticipate that GFL Environmental will post 0.56 EPS for the current fiscal year.

GFL Environmental Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th were issued a dividend of $0.0169 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Wednesday, October 14th. GFL Environmental’s dividend payout ratio is -8.86%.

Institutional Trading of GFL Environmental

Several hedge funds and other institutional investors have recently modified their holdings of the company. Westpac Banking Corp acquired a new stake in shares of GFL Environmental in the 3rd quarter valued at about $95,000. Independent Advisor Alliance bought a new stake in shares of GFL Environmental in the third quarter valued at about $217,000. Voya Investment Management LLC boosted its position in shares of GFL Environmental by 31.4% during the third quarter. Voya Investment Management LLC now owns 35,194 shares of the company’s stock worth $1,472,000 after buying an additional 8,411 shares during the period. Public Sector Pension Investment Board boosted its position in shares of GFL Environmental by 28.0% during the third quarter. Public Sector Pension Investment Board now owns 21,073 shares of the company’s stock worth $904,000 after buying an additional 4,606 shares during the period. Finally, Global Retirement Partners LLC boosted its position in shares of GFL Environmental by 9.8% during the third quarter. Global Retirement Partners LLC now owns 6,881 shares of the company’s stock worth $288,000 after buying an additional 614 shares during the period. Institutional investors and hedge funds own 64.70% of the company’s stock.

Wall Street Analyst Weigh In

GFL has been the subject of a number of recent analyst reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of GFL Environmental in a research note on Thursday, October 15th. JPMorgan Chase & Co. reduced their price objective on shares of GFL Environmental from $42.00 to $40.00 and set an “underweight” rating on the stock in a research note on Wednesday. Jefferies Financial Group reissued a “buy” rating on shares of GFL Environmental in a research note on Friday, October 30th. Scotiabank boosted their price objective on shares of GFL Environmental from $55.00 to $56.00 and gave the company a “sector outperform” rating in a report on Friday, October 30th. Finally, Weiss Ratings raised shares of GFL Environmental from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 26th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $57.11.

About GFL Environmental

GFL Environmental is a North American waste management company focused on providing solid waste collection, recycling, processing and disposal services. Its operations serve residential, commercial, industrial and municipal customers in Canada and the United States. Founded in 2007, the company expanded through acquisitions and growth in its waste management operations. GFL is headquartered in Vaughan, Ontario. In 2025, GFL completed the sale of its Environmental Services business, which included liquid waste management and soil remediation operations.