Waste Management, Inc. $WM Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its holdings in Waste Management, Inc. (NYSE:WM) by 8.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,915 shares of the business services provider’s stock after selling 5,020 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Waste Management were worth $12,789,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of WM. Syntegra Private Wealth Group LLC grew its stake in Waste Management by 2.0% in the 2nd quarter. Syntegra Private Wealth Group LLC now owns 2,291 shares of the business services provider’s stock valued at $524,000 after acquiring an additional 44 shares during the period. Harbour Trust & Investment Management Co grew its position in shares of Waste Management by 1.1% in the second quarter. Harbour Trust & Investment Management Co now owns 4,120 shares of the business services provider’s stock valued at $943,000 after purchasing an additional 45 shares during the period. InTrack Investment Management Inc lifted its stake in Waste Management by 0.8% in the 2nd quarter. InTrack Investment Management Inc now owns 5,856 shares of the business services provider’s stock valued at $1,340,000 after buying an additional 49 shares in the last quarter. GW Henssler & Associates Ltd. increased its stake in Waste Management by 1.0% during the 2nd quarter. GW Henssler & Associates Ltd. now owns 5,089 shares of the business services provider’s stock worth $1,164,000 after buying an additional 49 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC raised its holdings in shares of Waste Management by 1.3% during the third quarter. Gladstone Institutional Advisory LLC now owns 3,853 shares of the business services provider’s stock valued at $851,000 after acquiring an additional 49 shares during the last quarter. 80.40% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Waste Management news, COO John J. Morris sold 690 shares of the stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $219.49, for a total transaction of $151,448.10. Following the completion of the transaction, the chief operating officer owned 106,635 shares of the company’s stock, valued at $23,405,316.15. This trade represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Donald J. Smith sold 690 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $219.59, for a total transaction of $151,517.10. Following the completion of the sale, the vice president directly owned 13,376 shares in the company, valued at $2,937,235.84. This trade represents a 4.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,806 shares of company stock valued at $1,490,204 over the last three months. Company insiders own 0.18% of the company’s stock.

Waste Management Stock Up 0.6%

Shares of NYSE WM opened at $226.44 on Thursday. The company has a market capitalization of $91.23 billion, a P/E ratio of 33.80, a P/E/G ratio of 2.38 and a beta of 0.58. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.89 and a quick ratio of 0.80. The company has a 50 day simple moving average of $219.83 and a 200-day simple moving average of $219.19. Waste Management, Inc. has a 1 year low of $194.11 and a 1 year high of $242.58.

Waste Management (NYSE:WM) last issued its quarterly earnings data on Wednesday, January 28th. The business services provider reported $1.93 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.02). Waste Management had a return on equity of 32.45% and a net margin of 10.74%.The business had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.39 billion. During the same quarter in the previous year, the company posted $1.70 earnings per share. The company’s revenue was up 7.1% on a year-over-year basis. On average, equities research analysts predict that Waste Management, Inc. will post 7.7 earnings per share for the current year.

Waste Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, December 5th. Waste Management’s payout ratio is 49.25%.

Trending Headlines about Waste Management

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

• Positive Sentiment: Analysts raised price targets and reiterated buy/overweight views, boosting investor confidence in WM’s medium‑term outlook; several published targets cited in recent coverage range into the mid‑$200s. Waste Management (NYSE:WM) Price Target Raised to $270.00
• Positive Sentiment: Earnings‑call highlights emphasize healthy cash flow, margin resilience and growth in renewable natural gas (RNG) initiatives — operational drivers that support earnings upgrades and the higher targets. Waste Management Earnings Call Highlights Cash, Margins, RNG
• Neutral Sentiment: High‑visibility sponsorships and events (WM Phoenix Open) are generating media attention and brand exposure; useful for marketing but unlikely to move fundamentals materially. What Waste Management Phoenix Open is doing differently for 2026
• Neutral Sentiment: Operational work such as winter‑storm collection recovery in Jackson underscores steady municipal and service demand but is routine for WM’s service footprint. City of Jackson, Waste Management to begin winter storm trash collection recovery efforts
• Negative Sentiment: A cluster of insider sales (multiple executives and senior VPs disclosed small single‑day sales on Jan. 30) could be perceived negatively by some investors even though the transactions look like routine monetizations and only trimmed stakes modestly. Representative SEC disclosure. SEC Filing — Johnson Varkey Sale

Wall Street Analyst Weigh In

Several brokerages have issued reports on WM. Morgan Stanley lowered their target price on shares of Waste Management from $232.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. DZ Bank began coverage on shares of Waste Management in a research report on Tuesday, November 25th. They set a “buy” rating and a $250.00 price target on the stock. Robert W. Baird upgraded shares of Waste Management from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $238.00 to $242.00 in a report on Tuesday, November 4th. UBS Group upgraded Waste Management from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $225.00 to $260.00 in a report on Friday, January 9th. Finally, Oppenheimer increased their price target on Waste Management from $263.00 to $264.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Waste Management currently has an average rating of “Moderate Buy” and a consensus target price of $253.55.

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.