Quilter Plc Grows Stock Holdings in Waste Management, Inc. $WM

Quilter Plc lifted its holdings in Waste Management, Inc. (NYSE:WM) by 5.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 73,829 shares of the business services provider’s stock after buying an additional 3,856 shares during the quarter. Quilter Plc’s holdings in Waste Management were worth $16,304,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in WM. Vanguard Group Inc. lifted its stake in shares of Waste Management by 0.8% during the second quarter. Vanguard Group Inc. now owns 37,662,207 shares of the business services provider’s stock worth $8,617,866,000 after purchasing an additional 292,868 shares in the last quarter. Geode Capital Management LLC lifted its position in Waste Management by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 8,647,146 shares of the business services provider’s stock worth $1,972,856,000 after acquiring an additional 126,329 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Waste Management by 1.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,390,971 shares of the business services provider’s stock worth $1,232,131,000 after acquiring an additional 74,528 shares during the period. Norges Bank acquired a new stake in Waste Management in the second quarter valued at approximately $1,064,206,000. Finally, Amundi raised its stake in shares of Waste Management by 8.6% during the second quarter. Amundi now owns 3,596,281 shares of the business services provider’s stock valued at $804,809,000 after purchasing an additional 284,733 shares during the period. 80.40% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Waste Management

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

• Positive Sentiment: Wells Fargo raised its price target to $246 and kept an “overweight” rating, signaling confidence in WM’s upside and providing immediate support for the stock. Wells Fargo raises price target
• Positive Sentiment: Zacks previews expect Q4 revenue up ~14.5% to $6.4B and EPS around $1.95, saying Collection and Healthcare segments are driving growth — a beat vs. cyclic worries would likely lift the shares. WM Gears Up to Post Q4 Earnings: Here’s What Investors Should Know
• Positive Sentiment: MarketBeat/other publications continue to profile WM as a defensive, dividend-backed infrastructure play (long runway from landfill/regulatory moats), which supports interest from income-focused investors. Waste Management company overview (MarketBeat)
• Neutral Sentiment: Zacks deeper analysis explores metric-level estimates (like volumes, pricing, fuel and benefit impacts) that will drive Q4 results — useful for parsing beats/misses beyond headline EPS. What Analyst Projections for Key Metrics Reveal About WM Q4 Earnings
• Neutral Sentiment: Recent market commentary (TipRanks, Zacks market wrap) highlights WM’s resilience and modest upside in technical studies — these pieces can attract momentum flows but are not fundamental catalysts. TipRanks sector piece
• Neutral Sentiment: Scotiabank reiterated a “Sector Perform” stance (keeps coverage steady) — a neutral signal that tempers extreme bullishness but doesn’t add fresh negative pressure. Scotiabank reiterates Sector Perform
• Negative Sentiment: Scotiabank/other outlets have also been reported as downgrading WM in recent headlines, which creates conflicting analyst signals and can pressure sentiment ahead of results. Scotiabank downgrades Waste Management (MSN)
• Negative Sentiment: Barclays/other reports issued pessimistic price forecasts — coupled with WM’s prior quarterly slight EPS/revenue miss, these bearish calls could weigh on shares if the Q4 print or guidance disappoints. Barclays issues pessimistic forecast

Waste Management Price Performance

Shares of NYSE WM opened at $229.22 on Friday. The company has a debt-to-equity ratio of 2.36, a current ratio of 0.84 and a quick ratio of 0.80. The firm has a market capitalization of $92.35 billion, a PE ratio of 36.10, a P/E/G ratio of 2.57 and a beta of 0.59. Waste Management, Inc. has a 1-year low of $194.11 and a 1-year high of $242.58. The business’s fifty day moving average price is $217.86 and its two-hundred day moving average price is $219.18.

Waste Management (NYSE:WM) last released its quarterly earnings results on Monday, October 27th. The business services provider reported $1.98 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.03). The firm had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.51 billion. Waste Management had a return on equity of 33.00% and a net margin of 10.35%.The firm’s revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.96 EPS. On average, research analysts expect that Waste Management, Inc. will post 7.7 EPS for the current year.

Waste Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were given a dividend of $0.825 per share. The ex-dividend date was Friday, December 5th. This represents a $3.30 annualized dividend and a dividend yield of 1.4%. Waste Management’s payout ratio is currently 51.97%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on WM. Truist Financial set a $260.00 price target on shares of Waste Management in a report on Wednesday, October 29th. DZ Bank began coverage on Waste Management in a research note on Tuesday, November 25th. They set a “buy” rating and a $250.00 target price for the company. National Bankshares cut their price target on Waste Management from $250.00 to $243.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 7th. JPMorgan Chase & Co. raised their price objective on Waste Management from $255.00 to $265.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Finally, The Goldman Sachs Group initiated coverage on Waste Management in a report on Monday, November 24th. They set a “buy” rating and a $256.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Waste Management presently has an average rating of “Moderate Buy” and a consensus target price of $251.19.

Insider Transactions at Waste Management

In related news, SVP Rafael Carrasco sold 1,380 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was 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 in the company, valued at $3,373,112.40. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.18% of the stock is owned by company insiders.

About Waste Management

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.