WT Wealth Management Buys 2,665 Shares of Waste Management, Inc. $WM

WT Wealth Management boosted its position in shares of Waste Management, Inc. (NYSE:WM) by 38.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,613 shares of the business services provider’s stock after acquiring an additional 2,665 shares during the period. WT Wealth Management’s holdings in Waste Management were worth $2,143,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Capital Management Associates Inc boosted its position in shares of Waste Management by 5.0% in the second quarter. Capital Management Associates Inc now owns 2,251 shares of the business services provider’s stock worth $502,000 after purchasing an additional 108 shares during the period. Atlatl Advisers LLC bought a new stake in shares of Waste Management during the 2nd quarter valued at $42,000. Townsend & Associates Inc lifted its stake in shares of Waste Management by 2.1% during the 2nd quarter. Townsend & Associates Inc now owns 77,656 shares of the business services provider’s stock valued at $18,564,000 after buying an additional 1,601 shares in the last quarter. Confluence Wealth Services Inc. boosted its holdings in Waste Management by 1.1% in the 2nd quarter. Confluence Wealth Services Inc. now owns 10,828 shares of the business services provider’s stock worth $2,413,000 after buying an additional 123 shares during the period. Finally, Exchange Traded Concepts LLC boosted its holdings in Waste Management by 38.8% in the 2nd quarter. Exchange Traded Concepts LLC now owns 15,943 shares of the business services provider’s stock worth $3,553,000 after buying an additional 4,458 shares during the period. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Key Headlines Impacting Waste Management

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

• Positive Sentiment: Stronger margins, pricing actions and cash flow are helping Waste Management offset pressure from softer collection volumes and support continued earnings growth. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Positive Sentiment: Technology-driven efficiency initiatives, contributions from the Stericycle acquisition and dependable dividend payments provide potential long-term growth and shareholder-return support. Here’s Why Investors Must Hold WM Stock in Their Portfolios Now
• Positive Sentiment: WM’s underperformance relative to the broader market may attract investors seeking a potentially favorable entry point in a defensive, cash-generating waste-services company. Waste Management (WM) Fell Behind the Rally. Is It an Opportunity?
• Neutral Sentiment: Industry trends point to ongoing equipment innovation, but the broad waste-management equipment market discussion offers limited new information specific to WM’s near-term results. Waste Management Equipment Market Future Trends and Innovations
• Negative Sentiment: Waste Management lowered its 2026 revenue outlook because of weaker volumes, increasing concern that margin gains may not fully compensate for slower underlying demand. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Negative Sentiment: WM’s elevated valuation leaves less room for execution problems, while substantial debt and weak liquidity could constrain financial flexibility and amplify downside risk. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?

Analysts Set New Price Targets

Several equities analysts have recently commented on WM shares. Citigroup boosted their price objective on Waste Management from $263.00 to $269.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Scotiabank increased 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. Royal Bank Of Canada boosted their price target on Waste Management from $240.00 to $244.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. Stifel Nicolaus upped their price target on Waste Management from $252.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Barclays increased their price objective on shares of Waste Management from $270.00 to $277.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Waste Management has a consensus rating of “Moderate Buy” and a consensus price target of $258.89.

Waste Management Stock Up 0.2%

Shares of NYSE:WM opened at $224.73 on Friday. The company has a market cap of $89.83 billion, a price-to-earnings ratio of 31.83, a PEG ratio of 2.75 and a beta of 0.44. Waste Management, Inc. has a 12 month low of $194.11 and a 12 month high of $248.13. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 2.24. The company has a 50-day moving average price of $227.62 and a 200 day moving average price of $227.88.

Waste Management (NYSE:WM) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.04. The business had revenue of $6.68 billion for the quarter, compared to analysts’ expectations of $6.71 billion. Waste Management had a net margin of 11.11% and a return on equity of 31.68%. The business’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.92 earnings per share. As a group, equities research analysts predict that Waste Management, Inc. will post 8.14 earnings per share for the current year.

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.