Waste Management, Inc. $WM Holdings Increased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Waste Management, Inc. (NYSE:WM) by 25.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,521 shares of the business services provider’s stock after acquiring an additional 17,600 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Waste Management were worth $17,643,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of WM. Morgan Stanley Institutional Investment Advisors LLC acquired a new position in Waste Management in the second quarter valued at $322,479,000. Danske Bank A S acquired a new position in shares of Waste Management in the second quarter valued at approximately $146,053,000. BlackRock Inc. raised its position in Waste Management by 1.8% during the 2nd quarter. BlackRock Inc. now owns 30,733,944 shares of the business services provider’s stock worth $6,849,981,000 after buying an additional 535,079 shares during the last quarter. State Street Corp lifted its position in Waste Management by 2.9% in the second quarter. State Street Corp now owns 18,008,931 shares of the business services provider’s stock valued at $4,013,831,000 after purchasing an additional 507,209 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Waste Management by 90.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 806,172 shares of the business services provider’s stock valued at $185,250,000 after buying an additional 382,079 shares during the period. 80.40% of the stock is owned by hedge funds and other institutional investors.

Waste Management Stock Up 1.1%

Shares of Waste Management stock opened at $233.33 on Friday. Waste Management, Inc. has a 1-year low of $194.11 and a 1-year high of $248.13. The company has a market capitalization of $92.78 billion, a PE ratio of 30.62, a P/E/G ratio of 3.02 and a beta of 0.42. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.82 and a quick ratio of 0.87. The business has a 50-day moving average of $217.85 and a 200-day moving average of $225.13.

Waste Management (NYSE:WM) last released its earnings results on Tuesday, October 27th. The business services provider reported $2.15 EPS for the quarter, missing the consensus estimate of $2.18 by ($0.03). Waste Management had a net margin of 11.78% and a return on equity of 31.97%. The business had revenue of $6.85 billion for the quarter, compared to analysts’ expectations of $6.81 billion. During the same quarter last year, the company posted $1.98 earnings per share. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. As a group, equities analysts forecast that Waste Management, Inc. will post 8.06 EPS for the current fiscal year.

Waste Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were issued a $0.9450 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.78 annualized dividend and a dividend yield of 1.6%. Waste Management’s payout ratio is 49.61%.

Insider Activity at Waste Management

In other Waste Management news, CAO John Carroll sold 1,365 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $219.90, for a total value of $300,163.50. Following the transaction, the chief accounting officer owned 3,509 shares of the company’s stock, valued at $771,629.10. This trade represents a 28.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.18% of the company’s stock.

Trending Headlines about Waste Management

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

• Positive Sentiment: Waste Management maintained its 2026 outlook and guided revenue and free cash flow toward the high ends of its ranges, reassuring investors that growth remains on track. Waste Management Could Be 9% Undervalued After High End Guidance Reaffirmed
• Positive Sentiment: The healthcare business was a major growth driver, with operating EBITDA reportedly rising 33% year over year. Nine-month free cash flow also increased more than 42%, supporting capital returns and the company’s buyback program. WM Q3 Earnings Call Highlights Healthcare Gains and Volume Pressure
• Positive Sentiment: Analysts raised their targets, including JPMorgan to $260 and Barclays to $283, while retaining overweight ratings. These revisions imply additional upside and reflect confidence in WM’s defensive cash flows and outlook. JPMorgan Waste Management Ratings
• Neutral Sentiment: The upcoming CEO transition is attracting investor attention. Continuity in strategy and execution could support the stock, but leadership changes introduce uncertainty until further details are provided. Waste Management Earnings Call Signals Resilient Growth
• Negative Sentiment: Slowing waste volumes and higher fuel costs are pressuring margins. Earlier reports that WM shares gapped lower and broke below the 200-day moving average reflected the market’s initial disappointment with earnings and operational trends. WM Q3 Earnings Call Highlights
• Negative Sentiment: Income investors face a longer-term risk: although WM has raised its dividend annually since 2009, persistent volume weakness could constrain future increases. The stock also trades at a relatively premium earnings multiple. Can Waste Management Keep Raising Its Dividend for Decades?

Wall Street Analyst Weigh In

A number of research firms recently commented on WM. Scotiabank boosted their price objective on shares of Waste Management from $250.00 to $260.00 and gave the stock a “sector perform” rating in a report on Thursday, July 16th. Royal Bank Of Canada upped their target price on shares of Waste Management from $244.00 to $247.00 and gave the company a “sector perform” rating in a report on Thursday. Wolfe Research initiated coverage on Waste Management in a report on Tuesday, September 15th. They set a “peer perform” rating on the stock. 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 report on Thursday, July 30th. Finally, BNP Paribas Exane dropped their price target on Waste Management from $248.00 to $245.00 and set a “neutral” rating for the company in a research note on Thursday. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Waste Management currently has an average rating of “Moderate Buy” and an average target price of $257.89.

Waste Management Profile

Waste Management, Inc, doing business as WM (NYSE:WM), is an environmental services company that provides waste collection, transportation, disposal, recycling and resource-recovery services. The company serves residential, commercial, industrial and municipal customers through a network of collection operations, transfer stations, landfills, recycling facilities and other environmental infrastructure.

WM’s services include curbside and commercial waste collection, construction and demolition debris management, recycling, organics processing and landfill disposal.