Illinois Municipal Retirement Fund Sells 5,161 Shares of Waste Management, Inc. $WM

Posted by Jessica Moore on Jul 23rd, 2026

Illinois Municipal Retirement Fund lessened its holdings in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 53.2% in the first quarter, Holdings Channel.com reports. The firm owned 4,538 shares of the business services provider’s stock after selling 5,161 shares during the period. Illinois Municipal Retirement Fund’s holdings in Waste Management were worth $1,043,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of WM. Journey Advisory Group LLC grew its stake in Waste Management by 0.7% in the 1st quarter. Journey Advisory Group LLC now owns 36,723 shares of the business services provider’s stock valued at $8,439,000 after buying an additional 261 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Waste Management by 15.2% during the first quarter. Geneos Wealth Management Inc. now owns 5,450 shares of the business services provider’s stock worth $1,252,000 after acquiring an additional 721 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Waste Management during the first quarter worth $103,000. MASTERINVEST Kapitalanlage GmbH boosted its holdings in shares of Waste Management by 22.9% in the first quarter. MASTERINVEST Kapitalanlage GmbH now owns 28,311 shares of the business services provider’s stock worth $6,506,000 after acquiring an additional 5,280 shares during the period. Finally, Hudson Canyon Capital Management grew its position in shares of Waste Management by 2.0% in the first quarter. Hudson Canyon Capital Management now owns 8,907 shares of the business services provider’s stock valued at $2,047,000 after purchasing an additional 176 shares in the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Waste Management Price Performance

NYSE:WM opened at $236.69 on Thursday. Waste Management, Inc. has a 52-week low of $194.11 and a 52-week high of $248.13. The stock has a fifty day moving average of $223.42 and a 200 day moving average of $226.86. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.89 and a current ratio of 0.93. The firm has a market capitalization of $95.05 billion, a price-to-earnings ratio of 34.25, a P/E/G ratio of 2.84 and a beta of 0.44.

Waste Management (NYSE:WM – Get Free Report) last announced its earnings results on Tuesday, April 28th. The business services provider reported $1.81 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.06. Waste Management had a return on equity of 31.90% and a net margin of 10.99%.The business had revenue of $6.23 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same period in the prior year, the company earned $1.67 EPS. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, research analysts expect that Waste Management, Inc. will post 8.15 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. Investors of record on Friday, June 5th were given a $0.945 dividend. This represents a $3.78 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Friday, June 5th. Waste Management’s dividend payout ratio is 54.70%.

Analyst Ratings Changes

A number of analysts recently issued reports on WM shares. Canadian Imperial Bank of Commerce raised Waste Management from a “hold” rating to an “outperformer” rating and set a $244.00 price objective on the stock in a report on Tuesday, July 7th. Royal Bank Of Canada lifted their target price on Waste Management from $235.00 to $240.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Scotiabank upped their price target 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. Barclays increased their price target on shares of Waste Management from $266.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Oppenheimer reduced their price objective on shares of Waste Management from $264.00 to $263.00 and set an “outperform” rating for the company in a research note on Wednesday, July 8th. Fifteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $256.74.

View Our Latest Analysis on Waste Management

Waste Management News Roundup

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

Positive Sentiment: A Seeking Alpha piece highlighted Waste Management as a defensive name with a positive outlook, suggesting investors may still view WM as a stable anchor in uncertain markets. Waste Management: Positive Outlook As Defensive Anchor Remains
Neutral Sentiment: Analysts said WM’s earnings are expected to grow, but also noted the stock may not have the setup for a clear earnings beat, which keeps expectations balanced ahead of the next report. Waste Management (WM) Earnings Expected to Grow: Should You Buy?
Neutral Sentiment: Another earnings preview from Zacks struck a similar tone, saying investors should be prepared for growth but not necessarily a strong upside surprise. Waste Management (WM) Earnings Expected to Grow: Should You Buy?
Negative Sentiment: WM fell as the broader market moved higher, indicating some near-term profit-taking or relative weakness versus the market. Waste Management (WM) Stock Sinks As Market Gains: What You Should Know
Negative Sentiment: A local report said Waste Management will end service in a Centre County township, which could slightly weigh on sentiment even if the business impact is limited. Waste Management to end service in a Centre County township

Waste Management Profile

(Free Report)

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.