Shell Asset Management Co. Sells 11,562 Shares of Waste Management, Inc. $WM

Shell Asset Management Co. decreased its holdings in shares of Waste Management, Inc. (NYSE:WM) by 66.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,842 shares of the business services provider’s stock after selling 11,562 shares during the period. Shell Asset Management Co.’s holdings in Waste Management were worth $1,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cornercap Investment Counsel Inc. bought a new stake in shares of Waste Management during the third quarter worth $1,583,000. Lockheed Martin Investment Management Co. purchased a new position in Waste Management in the 3rd quarter worth about $3,092,000. Guerra Advisors Inc boosted its position in Waste Management by 59.5% in the 3rd quarter. Guerra Advisors Inc now owns 9,037 shares of the business services provider’s stock valued at $1,996,000 after buying an additional 3,371 shares during the period. Wealthfront Advisers LLC grew its stake in Waste Management by 3.1% in the 2nd quarter. Wealthfront Advisers LLC now owns 57,093 shares of the business services provider’s stock worth $13,064,000 after acquiring an additional 1,698 shares in the last quarter. Finally, GPM Growth Investors Inc. increased its position in shares of Waste Management by 50.6% during the second quarter. GPM Growth Investors Inc. now owns 16,640 shares of the business services provider’s stock worth $3,808,000 after acquiring an additional 5,588 shares during the period. 80.40% of the stock is currently owned by hedge funds and other institutional investors.

Waste Management News Roundup

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

• Positive Sentiment: Independent valuation suggests WM is materially undervalued — a Yahoo Finance analysis estimates intrinsic value implying roughly a 22% upside versus the current price; that type of third‑party valuation can attract value-focused buyers. An Intrinsic Calculation For Waste Management, Inc. (NYSE:WM) Suggests It’s 22% Undervalued
• Positive Sentiment: Private‑equity M&A activity in the waste sector — Platinum Equity’s sale of Urbaser to Blackstone/EQT for $6.6B — highlights strong deal appetite and could re‑rate sector multiples if buyers pay premiums for scale and stable cash flows. Platinum Equity to sell waste management firm Urbaser to Blackstone, EQT for $6.6 billion
• Neutral Sentiment: Recent quarterly results showed revenue growth but a slight EPS miss vs. consensus (reported $1.93 vs. $1.95) and mixed analyst moves; consensus remains a Moderate Buy with a mid‑$250s price target—supportive longer‑term but not a catalyst by itself. MarketBeat coverage summarizing earnings and analyst commentary
• Negative Sentiment: Significant insider selling by senior executives — recent filings show the CEO sold multi‑million dollars of stock (reports: ~$1.32M and ~$7.00M) — which can spook some investors even when sales are pre‑planned or for diversification. Waste Management (NYSE:WM) CEO Sells $1,317,344.22 in Stock Waste Management (NYSE:WM) CEO Sells $7,000,640.40 in Stock
• Negative Sentiment: Additional insider disposals include CAO John Carroll selling 1,021 shares (SEC filing) and another director sale; smaller on an absolute basis but contributes to near‑term negative optics. John Carroll Sells 1,021 Shares of Waste Management (NYSE:WM) Stock James Fish, Jr. Sells 657 Shares of Waste Management (NYSE:WM) Stock

Waste Management Price Performance

Shares of NYSE WM opened at $234.07 on Monday. Waste Management, Inc. has a fifty-two week low of $194.11 and a fifty-two week high of $242.58. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.85 and a current ratio of 0.89. The company has a market cap of $94.41 billion, a PE ratio of 34.94, a P/E/G ratio of 2.48 and a beta of 0.58. The business has a 50-day simple moving average of $221.94 and a two-hundred day simple moving average of $219.17.

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Weiss Ratings upgraded Waste Management from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. Scotiabank restated a “sector perform” rating and set a $250.00 price target (down previously from $254.00) on shares of Waste Management in a research note on Wednesday, January 21st. TD Cowen increased their price objective on shares of Waste Management from $265.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Canadian Imperial Bank of Commerce reduced their price objective on shares of Waste Management from $235.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Finally, Morgan Stanley dropped their target price on Waste Management from $232.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Waste Management presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.55.

Insider Transactions at Waste Management

In other Waste Management news, SVP Rafael Carrasco sold 1,380 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $217.06, for a total transaction of $299,542.80. Following the sale, the senior vice president owned 15,540 shares in the company, valued at approximately $3,373,112.40. The trade was a 8.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Tara J. Hemmer sold 690 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $219.71, for a total value of $151,599.90. Following the completion of the sale, the senior vice president owned 83,736 shares in the company, valued at approximately $18,397,636.56. This represents a 0.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 44,580 shares of company stock worth $10,198,938 over the last 90 days. Insiders own 0.18% of the company’s stock.

Waste Management Company 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.