Schroder Investment Management Group grew its stake in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 9.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 334,378 shares of the business services provider’s stock after acquiring an additional 29,965 shares during the period. Schroder Investment Management Group’s holdings in Waste Management were worth $73,373,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. SNS Financial Group LLC grew its holdings in Waste Management by 8.4% during the third quarter. SNS Financial Group LLC now owns 1,330 shares of the business services provider’s stock valued at $294,000 after purchasing an additional 103 shares during the period. Rathbones Group PLC raised its stake in shares of Waste Management by 5.4% in the third quarter. Rathbones Group PLC now owns 411,118 shares of the business services provider’s stock valued at $90,787,000 after buying an additional 21,073 shares during the period. Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of Waste Management by 2.6% in the third quarter. Meiji Yasuda Asset Management Co Ltd. now owns 21,249 shares of the business services provider’s stock valued at $4,692,000 after buying an additional 532 shares during the period. Korea Investment CORP grew its stake in shares of Waste Management by 83.6% during the 3rd quarter. Korea Investment CORP now owns 359,995 shares of the business services provider’s stock worth $79,498,000 after acquiring an additional 163,907 shares during the period. Finally, Ameriflex Group Inc. bought a new position in shares of Waste Management during the 3rd quarter worth $317,000. Hedge funds and other institutional investors own 80.40% of the company’s stock.
Waste Management News Summary
Here are the key news stories impacting Waste Management this week:
- Positive Sentiment: IBD upgraded Waste Management’s relative strength rating, highlighting a breakout in price momentum — a technical positive that can attract momentum buyers. This Waste Management Giant Breaks Out, Keeps Rising, Gets Stock Rating Upgrade
- Positive Sentiment: Company recently raised its quarterly dividend (to $0.945), signaling strong cash generation and returning capital to shareholders — supportive for longer-term income investors. Waste Management MarketBeat profile
- Positive Sentiment: Multiple analysts have lifted price targets and reiterated Buy/Outperform ratings in recent weeks, raising the consensus target above the current price and providing fundamental support. Analyst coverage and target changes
- Neutral Sentiment: Waste Management executives and external partners will present at industry events (e.g., panels on nuclear waste/disposal technologies), which could surface long-term growth & new-service opportunities but are not immediate catalysts. Deep Isolation presentation at Waste Management 2026
- Neutral Sentiment: Positive evergreen coverage (e.g., Motley Fool piece) frames WM as a defensive industrial/income name — supportive for buy-and-hold investors but less relevant to intraday moves. 1 Magnificent Industrial Stock to Buy and Hold Forever
- Negative Sentiment: Significant insider selling by senior executives (COO John J. Morris sold thousands of shares in multiple filings and other officers also trimmed positions). Large, concentrated insider sales are a common reason for short-term selling pressure and investor concern. Top Waste Management Executive Quietly Cashes In on a Major Stock Sale SEC filing: insider sale
- Negative Sentiment: Today’s stock move is also framed by market coverage noting WM fell more than the broader market; that outsized drop may reflect short-term profit-taking after the recent run-up and the visible insider sales. Waste Management (WM) Suffers a Larger Drop Than the General Market Zacks: WM suffers larger drop
Wall Street Analyst Weigh In
Waste Management Trading Down 4.6%
Shares of Waste Management stock opened at $235.21 on Wednesday. The company’s 50-day moving average price is $228.70 and its 200-day moving average price is $220.05. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 2.22. Waste Management, Inc. has a 12-month low of $194.11 and a 12-month high of $248.13. The company has a market cap of $94.87 billion, a price-to-earnings ratio of 35.11, a PEG ratio of 2.60 and a beta of 0.57.
Waste Management (NYSE:WM – Get Free Report) last issued 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 net margin of 10.74% and a return on equity of 32.45%. The firm had revenue of $6.31 billion for the quarter, compared to analysts’ expectations of $6.39 billion. During the same period in the prior year, the firm posted $1.70 EPS. Waste Management’s revenue was up 7.1% on a year-over-year basis. On average, equities analysts expect that Waste Management, Inc. will post 7.7 earnings per share for the current fiscal year.
Waste Management Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a $0.945 dividend. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from Waste Management’s previous quarterly dividend of $0.83. This represents a $3.78 annualized dividend and a dividend yield of 1.6%. Waste Management’s payout ratio is currently 49.25%.
Insider Buying and Selling
In related news, SVP Tara J. Hemmer sold 4,818 shares of Waste Management stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $241.83, for a total transaction of $1,165,136.94. Following the completion of the sale, the senior vice president owned 78,918 shares of the company’s stock, valued at approximately $19,084,739.94. This trade represents a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Johnson Varkey sold 121 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $245.27, for a total value of $29,677.67. Following the transaction, the senior vice president owned 9,293 shares of the company’s stock, valued at approximately $2,279,294.11. The trade was a 1.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 98,042 shares of company stock valued at $23,039,777 in the last ninety days. 0.18% of the stock is owned by insiders.
Waste Management 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.
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