Resona Asset Management Co. Ltd. Has $36.40 Million Stock Holdings in Waste Management, Inc. $WM

Resona Asset Management Co. Ltd. boosted its holdings in shares of Waste Management, Inc. (NYSE:WM) by 2.3% during the first quarter, HoldingsChannel reports. The fund owned 158,371 shares of the business services provider’s stock after purchasing an additional 3,521 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Waste Management were worth $36,396,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in shares of Waste Management in the 4th quarter worth about $10,206,000. Capital Advisors Inc. OK boosted its position in shares of Waste Management by 2.0% during the 4th quarter. Capital Advisors Inc. OK now owns 196,585 shares of the business services provider’s stock valued at $43,192,000 after purchasing an additional 3,880 shares in the last quarter. Central Bank & Trust Co. grew its stake in Waste Management by 333.1% during the fourth quarter. Central Bank & Trust Co. now owns 8,442 shares of the business services provider’s stock worth $1,855,000 after purchasing an additional 6,493 shares during the period. Goodman Financial Corp bought a new stake in Waste Management in the fourth quarter worth approximately $16,898,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Waste Management by 15.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 793,346 shares of the business services provider’s stock valued at $173,774,000 after buying an additional 104,843 shares during the period. 80.40% of the stock is currently owned by institutional investors and hedge funds.

Waste Management Price Performance

Shares of WM opened at $233.96 on Thursday. The business’s fifty day moving average is $220.64 and its 200 day moving average is $225.77. Waste Management, Inc. has a 12-month low of $194.11 and a 12-month high of $248.13. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 2.22. The stock has a market cap of $93.95 billion, a P/E ratio of 33.86, a P/E/G ratio of 2.48 and a beta of 0.44.

Waste Management (NYSE:WM) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.06. Waste Management had a net margin of 10.99% and a return on equity of 31.90%. The firm had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the prior year, the company posted $1.67 earnings per share. The business’s revenue was up 3.5% on a year-over-year basis. Sell-side analysts anticipate that Waste Management, Inc. will post 8.15 earnings per share for the current fiscal year.

Waste Management Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were issued a $0.945 dividend. This represents a $3.78 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, June 5th. Waste Management’s dividend payout ratio is currently 54.70%.

Key Stories Impacting Waste Management

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

• Positive Sentiment: Canadian Imperial Bank of Commerce upgraded Waste Management from hold to outperformer and set a $244 price target, signaling confidence in the company’s growth and defensive business model. Waste Management (NYSE:WM) Upgraded by Canadian Imperial Bank of Commerce to “Outperformer” Rating
• Positive Sentiment: Oppenheimer trimmed its price target slightly to $263 from $264 but kept an outperform rating, implying meaningful upside and reinforcing a constructive analyst view on WM. Benzinga reference
• Neutral Sentiment: Recent coverage continues to frame WM as a stable, large-scale waste and recycling operator, with comparisons against peers highlighting its dominance and defensive characteristics. Clean Harbors vs. Waste Management: Which Industrials Stock Is a Better Buy in 2026?
• Neutral Sentiment: MarketWatch noted that WM has been holding up better than some competitors despite a down day for the stock, which suggests relative resilience rather than a company-specific setback. Waste Management Inc. stock outperforms competitors despite losses on the day
• Negative Sentiment: There were also articles about industry comparisons and a key earnings test ahead, which can keep some caution in the name if investors are waiting for fresh fundamentals to justify the recent run-up. Waste Management (NYSE:WM) Nears Key Earnings Test

Analyst Upgrades and Downgrades

Several analysts have recently commented on WM shares. Barclays raised their price objective on shares of Waste Management from $266.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Royal Bank Of Canada increased their target price on shares of Waste Management from $235.00 to $240.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Canadian Imperial Bank of Commerce upgraded shares of Waste Management from a “hold” rating to an “outperformer” rating and set a $244.00 price target for the company in a report on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of Waste Management from $265.00 to $270.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. Finally, Weiss Ratings cut shares of Waste Management from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Sixteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $255.90.

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.