Waste Management, Inc. $WM Shares Sold by Vestor Capital LLC

Vestor Capital LLC trimmed its stake in Waste Management, Inc. (NYSE:WM) by 91.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 395 shares of the business services provider’s stock after selling 4,005 shares during the quarter. Vestor Capital LLC’s holdings in Waste Management were worth $91,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of WM. PBU The Pension Fund of Early Childhood & Youth Educators bought a new stake in shares of Waste Management during the fourth quarter valued at about $10,206,000. KLP Kapitalforvaltning AS grew its position in Waste Management by 18.5% in the 4th quarter. KLP Kapitalforvaltning AS now owns 236,153 shares of the business services provider’s stock valued at $51,885,000 after buying an additional 36,900 shares in the last quarter. Principal Financial Group Inc. grew its position in Waste Management by 3.1% in the 1st quarter. Principal Financial Group Inc. now owns 460,317 shares of the business services provider’s stock valued at $105,776,000 after buying an additional 14,003 shares in the last quarter. LBP AM SA increased its stake in Waste Management by 24.1% during the 4th quarter. LBP AM SA now owns 46,640 shares of the business services provider’s stock valued at $10,247,000 after buying an additional 9,071 shares during the period. Finally, Cohen Capital Management Inc. bought a new stake in shares of Waste Management during the 4th quarter worth about $3,252,000. Institutional investors own 80.40% of the company’s stock.

Key Stories Impacting Waste Management

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

• Positive Sentiment: Analysts raised price targets. Barclays increased its target from $270 to $277 and maintained an Overweight rating, while Stifel Nicolaus raised its target from $252 to $261 and reiterated Buy. These targets imply substantial upside and reinforce the bullish case for WM. Barclays and Stifel analyst actions
• Positive Sentiment: RBC also lifted its price target from $240 to $244, citing a more favorable valuation outlook, although it retained a Sector Perform rating. RBC raises Waste Management price target
• Positive Sentiment: Second-quarter profitability was better than expected. WM reported adjusted earnings of $2.02 per share, above the $1.98 consensus estimate, while revenue rose 4% year over year to $6.68 billion. Management highlighted margin expansion, technology investments and progress integrating its healthcare-services operations. WM Q2 earnings call highlights
• Neutral Sentiment: Scotiabank maintained its Hold rating. The decision suggests analysts see balanced upside and downside risks following the earnings report. Scotiabank maintains Hold rating
• Negative Sentiment: Revenue expectations and operating volumes remain concerns. WM’s full-year revenue outlook of approximately $26.38 billion was slightly below analysts’ expectations, and softer collection volumes could offset margin gains and integration benefits. WM Q2 business review
• Negative Sentiment: Erste Group issued a bearish FY2026 earnings forecast, adding a cautious counterpoint to the more optimistic target increases from other firms. Erste Group bearish forecast

Wall Street Analyst Weigh In

WM has been the subject of several recent analyst reports. Oppenheimer decreased their price objective on shares of Waste Management from $264.00 to $263.00 and set an “outperform” rating for the company in a report on Wednesday, July 8th. JPMorgan Chase & Co. boosted their target price on Waste Management from $265.00 to $270.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. Scotiabank upped their target price on Waste Management from $250.00 to $260.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 16th. TD Cowen increased their price target on Waste Management from $270.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings downgraded Waste Management from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Fourteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $258.33.

Waste Management Stock Performance

Shares of WM opened at $226.89 on Friday. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.91 and a quick ratio of 0.89. The firm’s 50 day moving average is $225.52 and its 200-day moving average is $227.60. Waste Management, Inc. has a 12-month low of $194.11 and a 12-month high of $248.13. The stock has a market capitalization of $90.69 billion, a P/E ratio of 32.14, a P/E/G ratio of 2.75 and a beta of 0.44.

Waste Management (NYSE:WM) last released its earnings results on Tuesday, July 28th. The business services provider reported $2.02 EPS for the quarter, beating the consensus estimate of $1.98 by $0.04. The business had revenue of $6.68 billion during the quarter, compared to analyst estimates of $6.71 billion. Waste Management had a net margin of 11.11% and a return on equity of 31.68%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.92 earnings per share. Equities research analysts anticipate that Waste Management, Inc. will post 8.14 EPS for the current fiscal year.

Waste Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were given a dividend of $0.945 per share. This represents a $3.78 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, June 5th. Waste Management’s dividend payout ratio is 53.54%.

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.