Kentucky Retirement Systems Boosts Position in Waste Management, Inc. $WM

Kentucky Retirement Systems increased its holdings in Waste Management, Inc. (NYSE:WM) by 55.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,025 shares of the business services provider’s stock after acquiring an additional 12,798 shares during the quarter. Kentucky Retirement Systems’ holdings in Waste Management were worth $8,278,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in Waste Management by 51.1% in the fourth quarter. Brighton Jones LLC now owns 6,861 shares of the business services provider’s stock worth $1,384,000 after buying an additional 2,320 shares in the last quarter. Sprott Inc. bought a new stake in Waste Management during the 1st quarter valued at approximately $325,000. Sei Investments Co. grew its holdings in shares of Waste Management by 8.0% during the 2nd quarter. Sei Investments Co. now owns 272,438 shares of the business services provider’s stock worth $62,339,000 after acquiring an additional 20,122 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of Waste Management by 68.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 366,416 shares of the business services provider’s stock worth $83,843,000 after acquiring an additional 148,590 shares in the last quarter. Finally, Glenview Trust co raised its position in shares of Waste Management by 5.1% in the 2nd quarter. Glenview Trust co now owns 3,338 shares of the business services provider’s stock worth $764,000 after acquiring an additional 162 shares in the last quarter. Institutional investors own 80.40% of the company’s stock.

Waste Management Stock Performance

Waste Management stock opened at $237.12 on Thursday. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $248.13. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 2.22. The company has a market capitalization of $95.22 billion, a P/E ratio of 33.59, a PEG ratio of 2.91 and a beta of 0.44. The stock’s 50 day moving average is $225.18 and its 200 day moving average is $227.56.

Waste Management (NYSE:WM) last released its earnings results on Tuesday, July 28th. The business services provider reported $2.02 EPS for the quarter, topping the consensus estimate of $1.98 by $0.04. Waste Management had a return on equity of 31.74% and a net margin of 11.11%.The business had revenue of $6.68 billion for the quarter, compared to the consensus estimate of $6.71 billion. During the same period in the previous year, the company posted $1.92 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities research analysts predict that Waste Management, Inc. will post 8.16 earnings per share for the current fiscal year.

Waste Management Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were paid a $0.945 dividend. The ex-dividend date was Friday, June 5th. This represents a $3.78 dividend on an annualized basis and a yield of 1.6%. Waste Management’s payout ratio is presently 54.70%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Barclays lifted their price target on Waste Management from $266.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Scotiabank raised their price objective on Waste Management from $250.00 to $260.00 and gave the company a “sector perform” rating in a research report on Thursday, July 16th. Robert W. Baird upped their target price on shares of Waste Management from $248.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Wells Fargo & Company decreased their price target on shares of Waste Management from $273.00 to $268.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Waste Management from $265.00 to $270.00 and gave the company an “overweight” rating in a research report on Friday, April 10th. Fourteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $257.22.

Trending Headlines about Waste Management

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

• Positive Sentiment: WM reported second-quarter adjusted earnings of $2.02 per share, above the roughly $1.98-$1.99 consensus and up from $1.92 a year earlier. Pricing actions and efficiency improvements supported profitability and margins. WM Earnings Beat on Pricing in Q2, Revenues Miss Estimates
• Positive Sentiment: Revenue increased 4% year over year to $6.684 billion, while adjusted operating results and operating EBITDA also improved from the prior-year period. The earnings call highlighted pricing as an important driver of performance. WM Announces Second Quarter 2026 Earnings
• Neutral Sentiment: Management’s second-quarter results were broadly resilient, but investors are focused on whether pricing and cost controls can continue to offset weaker volumes. The full earnings call provides additional context on demand, margins and the company’s outlook. Waste Management Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly revenue of $6.684 billion was slightly below the approximately $6.71 billion analyst estimate, with softer collection volumes offsetting pricing gains. That raises concerns about underlying volume growth. Waste Management Posts Q2 Sales in Line With Estimates
• Negative Sentiment: WM forecast fiscal 2026 revenue of approximately $26.3 billion to $26.5 billion, implying a midpoint modestly below the $26.5 billion consensus. The cautious outlook likely limited the benefit of the earnings beat. Waste Management Posts Q2 Sales in Line With Estimates
• Negative Sentiment: Erste Group marginally reduced its fiscal 2026 EPS estimate to $8.15 from $8.16, signaling limited near-term expectations for earnings upside. Waste Management Analyst Estimate Update

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.