Federated Hermes Inc. trimmed its holdings in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 15.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,135 shares of the business services provider’s stock after selling 10,701 shares during the period. Federated Hermes Inc.’s holdings in Waste Management were worth $12,617,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in Waste Management during the second quarter valued at approximately $1,064,206,000. Vontobel Holding Ltd. boosted its stake in shares of 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 buying an additional 1,800,728 shares during the period. Valeo Financial Advisors LLC grew its holdings in shares of Waste Management by 15,782.4% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,728,486 shares of the business services provider’s stock valued at $395,512,000 after acquiring an additional 1,717,603 shares in the last quarter. Sustainable Growth Advisers LP increased its stake in shares of Waste Management by 55.5% in the second quarter. Sustainable Growth Advisers LP now owns 2,897,636 shares of the business services provider’s stock worth $663,037,000 after acquiring an additional 1,034,258 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Waste Management by 982.3% during the third quarter. Assenagon Asset Management S.A. now owns 886,164 shares of the business services provider’s stock worth $195,692,000 after acquiring an additional 804,285 shares in the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.
Insiders Place Their Bets
In other Waste Management 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 owned 15,540 shares of the company’s stock, valued at $3,373,112.40. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.18% of the stock is currently owned by insiders.
Trending Headlines about Waste Management
- Positive Sentiment: Multiple broker upgrades/price-target raises signal analyst confidence and create upside expectations — notable lifts include TD Cowen raising its target to $270 (Buy), Oppenheimer to $264 (Outperform), Wells Fargo to $250 (Overweight), Stifel to $252 (Buy) and RBC to $235 (Sector Perform). These raises help underpin demand and longer-term upside.
- Positive Sentiment: MarketBeat piece argues WM is in a trend-following rally, supported by widening margins, accelerating free cash flow and a resumed buyback plan — factors that can sustain share-price appreciation. Waste Management’s “Boring” Business Is Powering a Quiet Rally
- Positive Sentiment: Dividend and buyback tailwinds: WM raised its dividend and signaled intent to resume repurchases (guidance assumes ~$2B in buybacks), improving shareholder-return prospects and offsetting share-based dilution over time. (Referenced in MarketBeat coverage.)
- Neutral Sentiment: Industry report notes long-term demand in specialized waste markets (solid control drilling waste mgmt. forecast to 2035) — a potential structural tailwind but only indirectly tied to WM’s near-term earnings. Solid Control Drilling Waste Management Market Size
- Neutral Sentiment: Full Q4 earnings call transcript is available for investors wanting detail on segment performance and management commentary; useful for parsing how sustainable margin and cash-flow commentary is. Q4 2025 Earnings Call Transcript
- Negative Sentiment: Q4 results missed expectations on both EPS ($1.93 vs. ~$1.95 est.) and revenue (came up short of estimates). The miss pressured the stock as it undercut near-term growth/beat expectations that had supported the rally. Waste Management Stock Falls After Disappointing Q4 Results
- Negative Sentiment: Guidance was slightly below Street expectations (revenue/growth assumptions modest), leaving room for disappointment if execution slips — this is the primary catalyst for short-term downside risk.
Analysts Set New Price Targets
WM has been the topic of a number of recent research reports. Morgan Stanley lowered their target price 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. JPMorgan Chase & Co. boosted their price target on Waste Management from $255.00 to $265.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Scotiabank reaffirmed a “sector perform” rating and set a $250.00 price objective (down previously from $254.00) on shares of Waste Management in a research report on Wednesday, January 21st. Wells Fargo & Company boosted their target price on shares of Waste Management from $246.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Truist Financial set a $260.00 price target on shares of Waste Management in a research note on Wednesday, October 29th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $253.55.
Check Out Our Latest Research Report on Waste Management
Waste Management Trading Down 0.4%
Shares of WM stock opened at $222.17 on Friday. The business’s 50 day moving average is $219.25 and its two-hundred day moving average is $219.22. 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 12 month low of $194.11 and a 12 month high of $242.58. The company has a market cap of $89.51 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 2.51 and a beta of 0.59.
Waste Management (NYSE:WM – Get Free Report) last posted its earnings results on Wednesday, January 28th. The business services provider reported $1.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.02). The firm had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.39 billion. Waste Management had a net margin of 10.74% and a return on equity of 32.45%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.70 earnings per share. Equities analysts predict 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. Investors of record on Friday, December 5th were given a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, December 5th. Waste Management’s payout ratio is currently 49.25%.
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.
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