Machina Capital S.A.S. grew its stake in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 37.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,136 shares of the business services provider’s stock after acquiring an additional 7,078 shares during the period. Waste Management accounts for 1.0% of Machina Capital S.A.S.’s holdings, making the stock its 11th largest position. Machina Capital S.A.S.’s holdings in Waste Management were worth $5,772,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in WM. Cornerstone Planning Group LLC boosted its stake in Waste Management by 101.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 133 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 67 shares during the period. Loomis Sayles & Co. L P bought a new stake in shares of Waste Management in the second quarter valued at about $40,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Waste Management in the third quarter valued at about $41,000. Wealth Watch Advisors INC bought a new position in Waste Management during the second quarter worth about $43,000. Finally, Halbert Hargrove Global Advisors LLC increased its position in Waste Management by 47.0% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 244 shares of the business services provider’s stock worth $54,000 after acquiring an additional 78 shares during the period. Institutional investors and hedge funds own 80.40% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on WM shares. Oppenheimer upped their price target on shares of Waste Management from $263.00 to $264.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Royal Bank Of Canada boosted their price objective on Waste Management from $223.00 to $235.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Barclays dropped their target price on Waste Management from $266.00 to $265.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Wells Fargo & Company boosted their price target on Waste Management from $246.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Finally, Truist Financial set a $260.00 price objective on Waste Management in a research note on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Waste Management presently has an average rating of “Moderate Buy” and a consensus price target of $253.55.
Insider Buying and Selling at Waste Management
In other news, SVP Rafael Carrasco sold 1,380 shares of Waste Management stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $217.06, for a total value of $299,542.80. Following the completion of the transaction, the senior vice president directly owned 15,540 shares of the company’s stock, valued at approximately $3,373,112.40. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Charles C. Boettcher sold 689 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $219.32, for a total value of $151,111.48. Following the sale, the executive vice president owned 56,159 shares in the company, valued at approximately $12,316,791.88. The trade was a 1.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,806 shares of company stock valued at $1,490,204 over the last three months. 0.18% of the stock is currently owned by corporate insiders.
Waste Management News Summary
Here are the key news stories impacting Waste Management this week:
- Positive Sentiment: Analysts have raised price targets on WM across multiple reports (new targets run roughly from low‑$235s up to $270), reflecting stronger confidence in the company’s outlook and supporting buying interest. Read More.
- Positive Sentiment: Post‑earnings commentary highlights healthy cash flow, margin resilience and RNG (renewable natural gas) initiatives — operational positives that underpin higher analyst targets and medium‑term earnings potential. Read More.
- Positive Sentiment: Operational win / responsiveness: Waste Management is partnering with the City of Jackson for winter‑storm trash collection recovery efforts, showing local operations and emergency response capability that can support near‑term revenue and community relations. Read More.
- Neutral Sentiment: Brand/sponsorship exposure at the WM Phoenix Open (Pro‑Am draws, Birds Nest concerts and other event coverage) boosts visibility and marketing value but is unlikely to move fundamentals materially in the short term. Read More. Read More.
- Neutral Sentiment: Local and event safety coverage: reporting on what the Phoenix Open is doing differently this year (and how police are handling impaired driving around the event) is primarily reputational and operations‑related — monitor headlines but expect limited direct impact on earnings. Read More. Read More.
- Negative Sentiment: Cluster of insider sales disclosed for Jan. 30 — multiple senior executives (CFO, COO, several SVPs/VPs and others) reported modest reductions in holdings. These look like routine monetizations (not departures) but the concentration of filings may create short‑term investor caution. Representative filings: Read More. and Read More.
Waste Management Trading Up 0.9%
Shares of WM stock opened at $225.11 on Wednesday. Waste Management, Inc. has a 1-year low of $194.11 and a 1-year high of $242.58. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 2.22. The stock has a market cap of $90.69 billion, a price-to-earnings ratio of 33.60, a PEG ratio of 2.35 and a beta of 0.58. The stock has a 50-day moving average of $219.66 and a 200-day moving average of $219.14.
Waste Management (NYSE:WM – Get Free Report) last announced its 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). The company had revenue of $6.31 billion during the quarter, compared to the consensus estimate of $6.39 billion. Waste Management had a net margin of 10.74% and a return on equity of 32.45%. The business’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.70 earnings per share. On average, equities research analysts forecast that Waste Management, Inc. will post 7.7 earnings per share for the current year.
Waste Management Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were given a dividend of $0.825 per share. The ex-dividend date was Friday, December 5th. This represents a $3.30 annualized dividend and a dividend yield of 1.5%. Waste Management’s dividend payout ratio is 49.25%.
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.
Read More
- Five stocks we like better than Waste Management
- Your Bank Account Is No Longer Safe
- [No Brainer Gold Play]: “Show me a better investment.”
- This $15 Stock Could Go Down as the #1 Stock of 2026
- What a Former CIA Agent Knows About the Coming Collapse
- Ray Dalio Says Buy Gold. I Say Get Paid Every Month From It
Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM – Free Report).
Receive News & Ratings for Waste Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waste Management and related companies with MarketBeat.com's FREE daily email newsletter.
