Envestnet Asset Management Inc. Purchases 144,860 Shares of Waste Management, Inc. $WM

Envestnet Asset Management Inc. increased its position in shares of Waste Management, Inc. (NYSE:WM) by 16.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,001,706 shares of the business services provider’s stock after acquiring an additional 144,860 shares during the period. Envestnet Asset Management Inc. owned approximately 0.25% of Waste Management worth $221,207,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Peregrine Asset Advisers Inc. increased its holdings in shares of Waste Management by 372.5% in the third quarter. Peregrine Asset Advisers Inc. now owns 5,046 shares of the business services provider’s stock worth $1,114,000 after purchasing an additional 3,978 shares during the period. Telos Capital Management Inc. grew its position in Waste Management by 10.1% during the third quarter. Telos Capital Management Inc. now owns 17,007 shares of the business services provider’s stock worth $3,756,000 after buying an additional 1,558 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its stake in Waste Management by 9.4% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 14,849 shares of the business services provider’s stock worth $3,279,000 after acquiring an additional 1,272 shares during the last quarter. Alta Capital Management LLC increased its stake in Waste Management by 226.0% in the 3rd quarter. Alta Capital Management LLC now owns 130,070 shares of the business services provider’s stock worth $28,724,000 after acquiring an additional 90,170 shares during the last quarter. Finally, Westside Investment Management Inc. raised its holdings in shares of Waste Management by 42.8% in the 3rd quarter. Westside Investment Management Inc. now owns 427 shares of the business services provider’s stock valued at $94,000 after acquiring an additional 128 shares in the last quarter. 80.40% of the stock is owned by institutional investors.

Waste Management Stock Performance

Waste Management stock opened at $226.45 on Friday. The firm has a fifty day simple moving average of $220.01 and a two-hundred day simple moving average of $219.24. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 2.22. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $242.58. The company has a market capitalization of $91.23 billion, a PE ratio of 33.80, a P/E/G ratio of 2.40 and a beta of 0.58.

Waste Management (NYSE:WM) last released its quarterly earnings data 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 32.45% and a net margin of 10.74%.The company had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.39 billion. During the same quarter in the prior year, the firm posted $1.70 EPS. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. Research analysts expect that Waste Management, Inc. will post 7.7 EPS for the current year.

Waste Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were paid a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, December 5th. Waste Management’s dividend payout ratio is 49.25%.

Insider Transactions at Waste Management

In related news, SVP Tara J. Hemmer sold 690 shares of Waste Management stock in a transaction on Friday, January 30th. The shares were sold at an average price of $219.71, for a total value of $151,599.90. Following the transaction, the senior vice president directly owned 83,736 shares of the company’s stock, valued at $18,397,636.56. The trade was a 0.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO John J. Morris sold 690 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $219.49, for a total transaction of $151,448.10. Following the sale, the chief operating officer directly owned 106,635 shares of the company’s stock, valued at $23,405,316.15. The trade was a 0.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,806 shares of company stock valued at $1,490,204. 0.18% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Waste Management in a research report on Monday, December 29th. JPMorgan Chase & Co. increased their price target on shares of Waste Management from $255.00 to $265.00 and gave the stock an “overweight” rating in a report on Monday, December 1st. Royal Bank Of Canada upped their target price on shares of Waste Management from $223.00 to $235.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. DZ Bank initiated coverage on Waste Management in a research note on Tuesday, November 25th. They issued a “buy” rating and a $250.00 target price on the stock. Finally, Citigroup dropped their price target on Waste Management from $270.00 to $263.00 and set a “buy” rating for the company in a research note on Friday, January 16th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Waste Management presently has an average rating of “Moderate Buy” and an average price target of $253.55.

Key Stories Impacting Waste Management

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

• Positive Sentiment: 24/7 Wall St. publishes a multi‑year price forecast highlighting Waste Management’s market expansion opportunities and growth in its renewable‑energy business (biogas, landfill‑to‑energy). The note frames WM as positioned to benefit from decarbonization and new revenue streams through 2030, which supports longer‑term growth expectations. Waste Management (NYSE: WM) Stock Price Prediction and Forecast 2026-2030 (Feb 2026)
• Neutral Sentiment: Pop‑culture / brand visibility: a Newsweek item about Travis Kelce sharing a viral moment at the WM Phoenix Open raises brand recognition but is unlikely to move fundamentals or the stock materially. Travis Kelce Shares Viral Moment With Scottie Scheffler at WM Phoenix Open
• Neutral Sentiment: Macro context — energy sector strength and commodity moves (coverage of oil, gas draws and seasonal demand) can affect WM via fuel costs and renewable energy economics. The recent MarketBeat coverage on energy’s run is background for investors but not WM‑specific; watch diesel/fuel trends and renewable incentives for operational margin impact.
• Negative Sentiment: Cluster of insider sales reported: several executives/officers filed small sales (roughly 400–700 shares each) in filings aggregated by AmericanBankingNews. While the sizes are modest and likely routine, multiple concurrent sales can generate short‑term concern among investors. John Morris Sells 690 Shares of Waste Management (NYSE:WM) Stock

Waste Management Company Profile

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.