Rep. Julie Johnson Sells Waste Management, Inc. (NYSE:WM) Stock

Posted by Stuart Ham on May 18th, 2025

Representative Julie Johnson (D-Texas) recently sold shares of Waste Management, Inc. (NYSE:WM). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Waste Management stock on April 7th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Waste Management Stock Up 0.8%

Waste Management stock opened at $229.76 on Friday. Waste Management, Inc. has a twelve month low of $196.59 and a twelve month high of $239.32. The stock has a 50 day moving average of $228.33 and a two-hundred day moving average of $221.63. The company has a current ratio of 0.76, a quick ratio of 0.85 and a debt-to-equity ratio of 2.73. The stock has a market capitalization of $92.46 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 2.71 and a beta of 0.67.

Waste Management (NYSE:WM – Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The business services provider reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.08. Waste Management had a return on equity of 37.93% and a net margin of 12.45%. The company had revenue of $6.02 billion during the quarter, compared to analysts’ expectations of $6.14 billion. During the same period last year, the firm earned $1.75 EPS. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. As a group, research analysts expect that Waste Management, Inc. will post 7.7 earnings per share for the current year.

Waste Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be given a dividend of $0.825 per share. The ex-dividend date is Friday, June 6th. This represents a $3.30 dividend on an annualized basis and a yield of 1.44%. Waste Management’s payout ratio is 49.77%.

Hedge Funds Weigh In On Waste Management

Hedge funds have recently bought and sold shares of the stock. Bartlett & CO. Wealth Management LLC increased its position in Waste Management by 0.8% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 278,185 shares of the business services provider’s stock worth $56,135,000 after buying an additional 2,127 shares in the last quarter. Blue Trust Inc. increased its position in Waste Management by 32.3% during the fourth quarter. Blue Trust Inc. now owns 7,365 shares of the business services provider’s stock worth $1,529,000 after buying an additional 1,798 shares in the last quarter. Czech National Bank increased its position in Waste Management by 6.4% during the fourth quarter. Czech National Bank now owns 79,192 shares of the business services provider’s stock worth $15,980,000 after buying an additional 4,798 shares in the last quarter. Banque Pictet & Cie SA increased its position in Waste Management by 0.6% during the fourth quarter. Banque Pictet & Cie SA now owns 1,869,190 shares of the business services provider’s stock worth $377,184,000 after buying an additional 11,940 shares in the last quarter. Finally, Fiduciary Alliance LLC increased its position in Waste Management by 322.5% during the fourth quarter. Fiduciary Alliance LLC now owns 8,407 shares of the business services provider’s stock worth $1,696,000 after buying an additional 6,417 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 news, EVP John J. Morris sold 19,153 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $224.71, for a total transaction of $4,303,870.63. Following the sale, the executive vice president now owns 85,257 shares in the company, valued at $19,158,100.47. This trade represents a 18.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO John A. Carroll sold 1,251 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $225.92, for a total value of $282,625.92. Following the sale, the chief accounting officer now owns 8,420 shares in the company, valued at $1,902,246.40. This trade represents a 12.94% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 79,522 shares of company stock valued at $18,084,124. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

WM has been the subject of a number of recent research reports. William Blair reaffirmed an “outperform” rating on shares of Waste Management in a research report on Tuesday, April 29th. Oppenheimer increased their target price on Waste Management from $231.00 to $237.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Citigroup increased their target price on Waste Management from $260.00 to $271.00 and gave the stock a “buy” rating in a research note on Thursday, May 1st. StockNews.com raised Waste Management from a “hold” rating to a “buy” rating in a research note on Tuesday, April 29th. Finally, Scotiabank increased their target price on Waste Management from $255.00 to $260.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, April 8th. Nine equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $243.29.

Check Out Our Latest Stock Analysis on Waste Management

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Waste Management

(Get Free Report)

Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.