BTC Capital Management Inc. Boosts Stake in Waste Management, Inc. $WM

BTC Capital Management Inc. lifted its position in Waste Management, Inc. (NYSE:WM) by 117.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,290 shares of the business services provider’s stock after purchasing an additional 28,207 shares during the quarter. BTC Capital Management Inc.’s holdings in Waste Management were worth $11,547,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in WM. MidWestOne Financial Group Inc. boosted its holdings in shares of Waste Management by 2.4% in the third quarter. MidWestOne Financial Group Inc. now owns 3,991 shares of the business services provider’s stock valued at $881,000 after acquiring an additional 95 shares during the period. Ameritas Advisory Services LLC boosted its stake in Waste Management by 47.3% during the 3rd quarter. Ameritas Advisory Services LLC now owns 10,282 shares of the business services provider’s stock worth $2,270,000 after purchasing an additional 3,300 shares during the period. IMA Advisory Services Inc. boosted its stake in Waste Management by 15.3% during the 3rd quarter. IMA Advisory Services Inc. now owns 489 shares of the business services provider’s stock worth $108,000 after purchasing an additional 65 shares during the period. Assetmark Inc. grew its position in Waste Management by 6.5% during the 3rd quarter. Assetmark Inc. now owns 3,977 shares of the business services provider’s stock worth $878,000 after purchasing an additional 244 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its stake in Waste Management by 21.1% in the third quarter. Public Sector Pension Investment Board now owns 28,032 shares of the business services provider’s stock valued at $6,190,000 after purchasing an additional 4,885 shares during the period. Institutional investors and hedge funds own 80.40% of the company’s stock.

Insider Buying and Selling at Waste Management

In related news, VP Donald J. Smith sold 690 shares of Waste Management stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $219.59, for a total transaction of $151,517.10. Following the completion of the transaction, the vice president directly owned 13,376 shares in the company, valued at $2,937,235.84. The trade was a 4.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Rafael Carrasco sold 1,380 shares of the 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 owned 15,540 shares in the company, valued at approximately $3,373,112.40. This trade represents a 8.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 44,580 shares of company stock worth $10,198,938. 0.18% of the stock is currently owned by insiders.

More Waste Management News

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

• Positive Sentiment: Independent valuation suggests WM is materially undervalued — a Yahoo Finance analysis estimates intrinsic value implying roughly a 22% upside versus the current price; that type of third‑party valuation can attract value-focused buyers. An Intrinsic Calculation For Waste Management, Inc. (NYSE:WM) Suggests It’s 22% Undervalued
• Positive Sentiment: Private‑equity M&A activity in the waste sector — Platinum Equity’s sale of Urbaser to Blackstone/EQT for $6.6B — highlights strong deal appetite and could re‑rate sector multiples if buyers pay premiums for scale and stable cash flows. Platinum Equity to sell waste management firm Urbaser to Blackstone, EQT for $6.6 billion
• Neutral Sentiment: Recent quarterly results showed revenue growth but a slight EPS miss vs. consensus (reported $1.93 vs. $1.95) and mixed analyst moves; consensus remains a Moderate Buy with a mid‑$250s price target—supportive longer‑term but not a catalyst by itself. MarketBeat coverage summarizing earnings and analyst commentary
• Negative Sentiment: Significant insider selling by senior executives — recent filings show the CEO sold multi‑million dollars of stock (reports: ~$1.32M and ~$7.00M) — which can spook some investors even when sales are pre‑planned or for diversification. Waste Management (NYSE:WM) CEO Sells $1,317,344.22 in Stock Waste Management (NYSE:WM) CEO Sells $7,000,640.40 in Stock
• Negative Sentiment: Additional insider disposals include CAO John Carroll selling 1,021 shares (SEC filing) and another director sale; smaller on an absolute basis but contributes to near‑term negative optics. John Carroll Sells 1,021 Shares of Waste Management (NYSE:WM) Stock James Fish, Jr. Sells 657 Shares of Waste Management (NYSE:WM) Stock

Waste Management Stock Up 1.3%

WM opened at $234.07 on Friday. Waste Management, Inc. has a one year low of $194.11 and a one year high of $242.58. The company has a market cap of $94.41 billion, a price-to-earnings ratio of 34.94, a PEG ratio of 2.44 and a beta of 0.58. The business’s fifty day moving average is $221.94 and its two-hundred day moving average is $219.38. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.80 and a current ratio of 0.89.

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 business 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 earned $1.70 earnings per share. Waste Management’s quarterly revenue was up 7.1% on a year-over-year basis. Analysts anticipate that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Scotiabank reissued a “sector perform” rating and set a $250.00 price target (down previously from $254.00) on shares of Waste Management in a report on Wednesday, January 21st. The Goldman Sachs Group began coverage on Waste Management in a research note on Monday, November 24th. They issued a “buy” rating and a $256.00 target price on the stock. Canadian Imperial Bank of Commerce cut their price target on Waste Management from $235.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Oppenheimer lifted their price objective on shares of Waste Management from $263.00 to $264.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Finally, Sanford C. Bernstein upped their price objective on shares of Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $253.55.

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.