HighPoint Advisor Group LLC Increases Holdings in Waste Management, Inc. $WM

Posted by Nicole Kennedy on Feb 5th, 2026

HighPoint Advisor Group LLC raised its stake in Waste Management, Inc. (NYSE:WM – Free Report) by 6.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,569 shares of the business services provider’s stock after buying an additional 3,036 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Waste Management were worth $11,167,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of WM. Cornerstone Planning Group LLC boosted its holdings in Waste Management by 101.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 133 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 67 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in shares of Waste Management during the 2nd quarter valued at approximately $40,000. Steigerwald Gordon & Koch Inc. acquired a new position in Waste Management in the third quarter valued at approximately $41,000. Wealth Watch Advisors INC acquired a new stake in Waste Management during the second quarter worth $43,000. Finally, Halbert Hargrove Global Advisors LLC raised its position in Waste Management by 47.0% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 244 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 78 shares during the period. Institutional investors and hedge funds own 80.40% of the company’s stock.

Waste Management Price Performance

Waste Management stock opened at $226.44 on Thursday. The company’s 50 day moving average is $219.83 and its two-hundred day moving average is $219.19. The firm has a market cap of $91.23 billion, a PE ratio of 33.80, a price-to-earnings-growth ratio of 2.38 and a beta of 0.58. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 2.22. Waste Management, Inc. has a 52-week low of $194.11 and a 52-week high of $242.58.

Waste Management (NYSE:WM – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The business services provider reported $1.93 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.02). The company had revenue of $6.31 billion for the quarter, compared to analysts’ expectations of $6.39 billion. Waste Management had a return on equity of 32.45% and a net margin of 10.74%.The firm’s revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.70 EPS. On average, research analysts expect that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Waste Management Dividend Announcement

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

Insider Buying and Selling at Waste Management

In other Waste Management news, SVP Rafael Carrasco sold 1,380 shares of the stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $217.06, for a total value of $299,542.80. Following the sale, the senior vice president directly owned 15,540 shares of the company’s stock, valued at approximately $3,373,112.40. This represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Charles C. Boettcher sold 689 shares of the business’s stock in a transaction on Friday, January 30th. The stock was sold at an average price of $219.32, for a total transaction of $151,111.48. Following the transaction, the executive vice president owned 56,159 shares of the company’s stock, valued at approximately $12,316,791.88. The trade was a 1.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 6,806 shares of company stock valued at $1,490,204. 0.18% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. CIBC lowered their price target on Waste Management from $235.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Citigroup reduced their price target on shares of Waste Management from $270.00 to $263.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. UBS Group raised shares of Waste Management from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $225.00 to $260.00 in a research report on Friday, January 9th. Sanford C. Bernstein lifted their target price on shares of Waste Management from $255.00 to $260.00 and gave the company an “outperform” rating in a report on Monday, January 5th. Finally, Morgan Stanley decreased their price target on 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. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $253.55.

View Our Latest Stock Analysis on Waste Management

Key Waste Management News

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

Waste Management Company 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.