Waste Management, Inc. $WM Stock Holdings Lessened by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its stake in Waste Management, Inc. (NYSE:WM) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,529,867 shares of the business services provider’s stock after selling 14,854 shares during the quarter. Bank of New York Mellon Corp owned 0.63% of Waste Management worth $558,670,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Waste Management by 0.8% in the second quarter. Vanguard Group Inc. now owns 37,662,207 shares of the business services provider’s stock worth $8,617,866,000 after acquiring an additional 292,868 shares during the last quarter. Geode Capital Management LLC increased its position in Waste Management by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 8,647,146 shares of the business services provider’s stock worth $1,972,856,000 after purchasing an additional 126,329 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Waste Management by 1.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,390,971 shares of the business services provider’s stock worth $1,232,131,000 after purchasing an additional 74,528 shares in the last quarter. Norges Bank bought a new stake in shares of Waste Management in the 2nd quarter valued at approximately $1,064,206,000. Finally, Amundi increased its holdings in Waste Management by 8.6% in the second quarter. Amundi now owns 3,596,281 shares of the business services provider’s stock worth $804,809,000 after buying an additional 284,733 shares during the last quarter. Institutional investors and hedge funds own 80.40% of the company’s stock.

Insiders Place Their Bets

In other Waste Management news, SVP Rafael Carrasco sold 1,380 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $217.06, for a total value of $299,542.80. Following the sale, the senior vice president directly owned 15,540 shares in the company, valued at $3,373,112.40. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.18% of the stock is currently owned by company insiders.

Waste Management Price Performance

NYSE WM opened at $231.40 on Thursday. The stock has a 50-day simple moving average of $219.02 and a 200 day simple moving average of $219.29. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $242.58. The stock has a market capitalization of $93.22 billion, a PE ratio of 36.44, a P/E/G ratio of 2.59 and a beta of 0.59. The company has a debt-to-equity ratio of 2.36, a quick ratio of 0.80 and a current ratio of 0.84.

Waste Management (NYSE:WM) last issued its quarterly earnings results on Wednesday, January 28th. The business services provider reported $1.93 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.02). Waste Management had a return on equity of 33.00% and a net margin of 10.35%.The business had revenue of $6.31 billion during the quarter, compared to the consensus estimate of $6.39 billion. During the same period in the prior year, the firm earned $1.70 earnings per share. The business’s quarterly revenue was up 7.1% on a year-over-year basis. Research analysts anticipate that Waste Management, Inc. will post 7.7 EPS for the current year.

Waste Management Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, December 5th. Waste Management’s dividend payout ratio is presently 51.97%.

Analysts Set New Price Targets

WM has been the subject of a number of analyst reports. CIBC reduced their target price on shares of Waste Management from $235.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Stifel Nicolaus decreased their price objective on shares of Waste Management from $252.00 to $236.00 and set a “buy” rating for the company in a report on Wednesday, October 29th. Citigroup cut their target price on Waste Management from $270.00 to $263.00 and set a “buy” rating on the stock in a report on Friday, January 16th. Truist Financial set a $260.00 price target on Waste Management in a research note on Wednesday, October 29th. Finally, Scotiabank reissued a “sector perform” rating and issued a $250.00 price objective (down from $254.00) on shares of Waste Management in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $251.19.

Key Waste Management News

Here are the key news stories impacting Waste Management this week:

• Positive Sentiment: Solid operating and cash‑flow trends: revenue rose ~7% YoY and WM posted double‑digit increases in gross and operating profit and higher cash from operations, supporting the long‑term growth story. Read More.
• Positive Sentiment: Analyst appetite and upside to consensus: multiple recent buy/overweight ratings and a median price target around $255 suggest buy‑side support into any post‑earnings weakness. Read More.
• Positive Sentiment: Shareholder actions and insider activity bolster confidence: recent dividend and buyback increases have helped sentiment, and there was at least one insider purchase noted. Read More.
• Neutral Sentiment: FY‑2026 revenue guidance roughly in line with expectations: company set revenue guidance at about $26.4–$26.6B but did not provide a clear EPS target in the release, leaving some forecasting work for analysts. Read More.
• Neutral Sentiment: Weather disruption is a short‑term operational headwind but also a stress test of network resilience — may affect near‑term volumes and collections timing rather than long‑term demand. Read More.
• Negative Sentiment: Earnings and revenue missed consensus: Q4 EPS of $1.93 missed the Zacks/consensus of ~$1.95 and revenue of ~$6.31B fell short of estimates, which pressured the shares after the print. Read More.
• Negative Sentiment: Some balance‑sheet / cash items drew attention: reported cash & equivalents declined materially year‑over‑year and different data feeds showed varying EPS comparisons, adding uncertainty to near‑term sentiment and prompting some selling. Read More.

About Waste Management

Waste Management, Inc (NYSE: WM) is a leading provider of integrated waste management and environmental services in North America. The company offers end-to-end solutions that span collection, transfer, disposal and recycling, along with landfill operations and related infrastructure. Headquartered in Houston, Texas, Waste Management serves a broad customer base that includes residential, commercial, industrial and municipal clients.

Core services include curbside and commercial waste collection, roll-off and temporary container services, materials recovery and recycling, and engineered landfill disposal.