Waste Management, Inc. $WM Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board increased its stake in Waste Management, Inc. (NYSE:WM) by 21.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,032 shares of the business services provider’s stock after purchasing an additional 4,885 shares during the quarter. Public Sector Pension Investment Board’s holdings in Waste Management were worth $6,190,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Waste Management by 51.1% in the fourth quarter. Brighton Jones LLC now owns 6,861 shares of the business services provider’s stock valued at $1,384,000 after buying an additional 2,320 shares in the last quarter. Sprott Inc. purchased a new stake in shares of Waste Management during the first quarter worth $325,000. Avidian Wealth Enterprises LLC lifted its holdings in shares of Waste Management by 4.2% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 3,039 shares of the business services provider’s stock valued at $695,000 after buying an additional 123 shares during the last quarter. Phoenix Financial Ltd. grew its position in Waste Management by 158.9% in the second quarter. Phoenix Financial Ltd. now owns 4,657 shares of the business services provider’s stock worth $1,065,000 after acquiring an additional 2,858 shares in the last quarter. Finally, Whittier Trust Co. boosted its holdings in Waste Management by 2.4% in the second quarter. Whittier Trust Co. now owns 14,261 shares of the business services provider’s stock worth $3,263,000 after purchasing an additional 335 shares in the last quarter. Institutional investors own 80.40% of the company’s stock.

Insider Activity

In other news, CAO John A. Carroll sold 1,021 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $234.71, for a total value of $239,638.91. Following the completion of the transaction, the chief accounting officer owned 8,309 shares in the company, valued at $1,950,205.39. This trade represents a 10.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Rafael Carrasco sold 7,352 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $234.50, for a total value of $1,724,044.00. Following the sale, the senior vice president owned 15,540 shares in the company, valued at $3,644,130. The trade was a 32.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 62,746 shares of company stock worth $14,470,494. 0.18% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on WM shares. Truist Financial set a $260.00 price target on shares of Waste Management in a research report on Wednesday, October 29th. Oppenheimer boosted their price target on shares of Waste Management from $263.00 to $264.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Weiss Ratings upgraded Waste Management from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. Morgan Stanley decreased their price objective on shares of Waste Management from $232.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Finally, UBS Group upgraded shares of Waste Management from a “neutral” rating to a “buy” rating and upped their price target for the stock from $225.00 to $260.00 in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $253.55.

More Waste Management News

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

• Positive Sentiment: Long-term market tailwind: an industry report forecasts the global smart waste-management market growing to about $13.31 billion by 2035 — a structural demand driver for WM’s technology, routing and recycling services. Smart Waste Management Market Size to Worth $13.31 Billion by 2035
• Positive Sentiment: Strong institutional support and favorable analyst coverage: large holders (Vanguard, State Street, etc.) have recently increased positions and several analysts maintain buy/outperform views with targets above the current price, which provides a cushion for shares. WM Profile & Analyst Coverage
• Neutral Sentiment: Sector context — Republic Services (RSG) posted mixed results and cautious guidance; sector peers’ guidance and cash-flow dynamics can influence sentiment for WM even when WM’s business is steady. Can RSG Stock Turn Guidance Into Gains in 2026?
• Negative Sentiment: Insider selling — SVP Rafael Carrasco sold 7,352 shares (avg. ~$234.50), reducing his stake by ~32%; disclosed in an SEC filing and flagged by insider-trade services. Insider sales are being read as near-term negative signal by some investors. Rafael Carrasco Sells 7,352 Shares
• Negative Sentiment: Insider selling — VP Donald J. Smith sold 12,194 shares (avg. ~$233.48), cutting his holding substantially; another near-term negative catalyst for trader sentiment. Donald Smith Sells 12,194 Shares
• Negative Sentiment: Broader insider profit-taking: coverage notes multiple insiders have been locking in gains, which can amplify short-term selling pressure and investor caution. Top Waste Management Insiders Quietly Lock In Massive Profits
• Negative Sentiment: Recent quarterly results were slightly below expectations (Q4 EPS $1.93 vs. $1.95 consensus; revenue below street estimates), which likely cements near-term caution despite solid year-over-year revenue growth. WM Earnings & Performance

Waste Management Trading Down 0.5%

NYSE WM opened at $234.14 on Thursday. The firm has a market cap of $94.44 billion, a P/E ratio of 34.95, a P/E/G ratio of 2.49 and a beta of 0.58. Waste Management, Inc. has a one year low of $194.11 and a one year high of $242.58. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.89 and a quick ratio of 0.85. The stock’s 50-day moving average is $223.44 and its 200-day moving average is $219.36.

Waste Management (NYSE:WM) last issued its quarterly earnings data on Wednesday, January 28th. The business services provider reported $1.93 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $6.39 billion. During the same quarter in the previous year, the business earned $1.70 earnings per share. The company’s revenue was up 7.1% on a year-over-year basis. Sell-side analysts anticipate that Waste Management, Inc. will post 7.7 earnings per share for the current fiscal year.

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.