Freedom Day Solutions LLC purchased a new stake in shares of Waste Management, Inc. (NYSE:WM – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 2,245 shares of the business services provider’s stock, valued at approximately $500,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC lifted its stake in Waste Management by 2.8% in the second quarter. Avidian Wealth Enterprises LLC now owns 6,279 shares of the business services provider’s stock worth $1,400,000 after purchasing an additional 171 shares during the last quarter. Trinity Legacy Partners LLC grew its stake in shares of Waste Management by 6.4% during the second quarter. Trinity Legacy Partners LLC now owns 35,908 shares of the business services provider’s stock valued at $8,699,000 after buying an additional 2,153 shares during the last quarter. Benjamin Edwards Inc. grew its stake in shares of Waste Management by 26.8% during the second quarter. Benjamin Edwards Inc. now owns 97,682 shares of the business services provider’s stock valued at $21,775,000 after buying an additional 20,675 shares during the last quarter. Vest Financial LLC raised its holdings in shares of Waste Management by 1.6% in the second quarter. Vest Financial LLC now owns 39,647 shares of the business services provider’s stock worth $8,837,000 after buying an additional 639 shares during the period. Finally, Nilsine Partners LLC lifted its stake in shares of Waste Management by 2.9% during the 2nd quarter. Nilsine Partners LLC now owns 2,468 shares of the business services provider’s stock worth $550,000 after acquiring an additional 69 shares during the last quarter. 80.40% of the stock is owned by hedge funds and other institutional investors.
Waste Management Trading Up 0.2%
WM opened at $224.73 on Friday. The stock’s fifty day moving average is $227.62 and its two-hundred day moving average is $227.88. The company has a market capitalization of $89.83 billion, a P/E ratio of 31.83, a PEG ratio of 2.76 and a beta of 0.44. Waste Management, Inc. has a 52 week low of $194.11 and a 52 week high of $248.13. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 2.24.
Analyst Ratings Changes
WM has been the subject of a number of recent analyst reports. Wells Fargo & Company dropped their price objective on Waste Management from $273.00 to $268.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Weiss Ratings upgraded Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 7th. Stifel Nicolaus boosted their target price on shares of Waste Management from $252.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. UBS Group upped their price target on shares of Waste Management from $265.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Finally, TD Cowen lifted their price objective on shares of Waste Management from $270.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $258.89.
Get Our Latest Stock Report on Waste Management
Key Waste Management News
Here are the key news stories impacting Waste Management this week:
- Positive Sentiment: Higher margins, pricing gains and stronger cash flow could help WM sustain earnings momentum even as operating conditions soften. Technology-driven efficiencies, including benefits from the Stericycle integration, and the company’s consistent dividend also support the long-term investment case. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
- Positive Sentiment: WM’s recent earnings performance exceeded analysts’ EPS expectations, while revenue continued to grow year over year. These results reinforce the potential for margin expansion and disciplined pricing to offset slower volume growth.
- Neutral Sentiment: WM has lagged the broader market rally, prompting some investors to view the stock as a potential opportunity for defensive, income-oriented portfolios. However, the investment case depends on continued execution rather than a clear near-term catalyst. Waste Management Fell Behind the Rally. Is It an Opportunity?
- Negative Sentiment: WM lowered its 2026 revenue outlook because of softer volumes. Investors are watching whether margin improvements, pricing and cash flow can fully offset weaker demand. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
- Negative Sentiment: A premium earnings multiple, substantial debt and weak liquidity metrics increase downside risk if growth or integration benefits disappoint. With shares trading near their moving averages and valuation still rich, investors may demand continued earnings execution. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
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.
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