Metis Global Partners LLC Sells 2,311 Shares of Waste Management, Inc. $WM

Metis Global Partners LLC decreased its holdings in Waste Management, Inc. (NYSE:WM) by 15.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,859 shares of the business services provider’s stock after selling 2,311 shares during the quarter. Metis Global Partners LLC’s holdings in Waste Management were worth $2,840,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of WM. Norges Bank acquired a new stake in shares of Waste Management in the second quarter valued at about $1,064,206,000. Vontobel Holding Ltd. increased its position in Waste Management by 444.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 2,206,026 shares of the business services provider’s stock valued at $487,157,000 after purchasing an additional 1,800,728 shares during the period. Sustainable Growth Advisers LP raised its holdings in Waste Management by 55.5% during the 2nd quarter. Sustainable Growth Advisers LP now owns 2,897,636 shares of the business services provider’s stock worth $663,037,000 after purchasing an additional 1,034,258 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Waste Management by 982.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 886,164 shares of the business services provider’s stock worth $195,692,000 after purchasing an additional 804,285 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in shares of Waste Management by 247.5% in the 2nd quarter. Corient Private Wealth LLC now owns 868,780 shares of the business services provider’s stock valued at $198,799,000 after purchasing an additional 618,792 shares during the last quarter. 80.40% of the stock is owned by institutional investors.

Waste Management Stock Up 1.3%

Shares of NYSE:WM opened at $234.07 on Friday. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.80 and a current ratio of 0.89. Waste Management, Inc. has a 52-week low of $194.11 and a 52-week high of $242.58. The business’s 50 day simple moving average is $221.94 and its two-hundred day simple moving average is $219.27. The firm has a market cap of $94.41 billion, a P/E ratio of 34.94, a PEG ratio of 2.48 and a beta of 0.58.

Waste Management (NYSE:WM) last issued its earnings results 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). Waste Management had a return on equity of 32.45% and a net margin of 10.74%.The firm had revenue of $6.31 billion for the quarter, compared to analyst estimates of $6.39 billion. During the same period in the previous year, the company earned $1.70 earnings per share. Waste Management’s revenue for the quarter was up 7.1% compared to the same quarter last year. As a group, research analysts forecast that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Waste Management from $255.00 to $265.00 and gave the company an “overweight” rating in a report on Monday, December 1st. Oppenheimer lifted their price objective on Waste Management from $263.00 to $264.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Sanford C. Bernstein upped their target price on Waste Management from $255.00 to $260.00 and gave the company an “outperform” rating in a research report on Monday, January 5th. Barclays lowered their target price on Waste Management from $266.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Finally, Morgan Stanley cut their price target on Waste Management from $232.00 to $230.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $253.55.

Key Waste Management News

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

Insider Activity

In other news, SVP Tara J. Hemmer sold 690 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was 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 directly owned 83,736 shares of the company’s stock, valued at $18,397,636.56. This represents a 0.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO John A. Carroll sold 1,021 shares of Waste Management stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $234.71, for a total value of $239,638.91. Following the transaction, the chief accounting officer directly owned 8,309 shares in the company, valued at approximately $1,950,205.39. The trade was a 10.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 44,580 shares of company stock valued at $10,198,938. 0.18% of the stock is currently owned by insiders.

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.