Waste Management, Inc. $WM Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lessened its holdings in shares of Waste Management, Inc. (NYSE:WM) by 1.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 500,284 shares of the business services provider’s stock after selling 8,828 shares during the quarter. PNC Financial Services Group Inc. owned 0.12% of Waste Management worth $110,478,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its position in Waste Management by 51.1% in the fourth quarter. Brighton Jones LLC now owns 6,861 shares of the business services provider’s stock valued at $1,384,000 after purchasing an additional 2,320 shares during the period. Sprott Inc. acquired a new stake in Waste Management in the first quarter valued at approximately $325,000. Stratos Wealth Advisors LLC raised its stake in shares of Waste Management by 8.6% during the second quarter. Stratos Wealth Advisors LLC now owns 2,240 shares of the business services provider’s stock valued at $513,000 after purchasing an additional 178 shares during the period. Signature Estate & Investment Advisors LLC lifted its position in shares of Waste Management by 4.8% during the second quarter. Signature Estate & Investment Advisors LLC now owns 1,347 shares of the business services provider’s stock worth $308,000 after purchasing an additional 62 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Waste Management in the second quarter valued at $6,865,000. 80.40% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CAO John A. Carroll sold 1,021 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $234.71, for a total transaction of $239,638.91. Following the completion of the transaction, the chief accounting officer owned 8,309 shares of the company’s stock, valued at approximately $1,950,205.39. The trade was a 10.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Rafael Carrasco sold 1,380 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $217.06, for a total transaction of $299,542.80. Following the completion of the sale, the senior vice president directly owned 15,540 shares in the company, valued at approximately $3,373,112.40. This trade represents a 8.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 44,580 shares of company stock valued at $10,198,938 over the last 90 days. 0.18% of the stock is owned by corporate insiders.

Waste Management Stock Performance

WM stock opened at $234.07 on Monday. The stock’s 50 day simple moving average is $221.94 and its 200 day simple moving average is $219.17. Waste Management, Inc. has a 12-month low of $194.11 and a 12-month high of $242.58. The firm has a market cap of $94.41 billion, a P/E ratio of 34.94, a P/E/G ratio of 2.48 and a beta of 0.58. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 2.22.

Waste Management (NYSE:WM) last released its earnings results on Wednesday, January 28th. The business services provider reported $1.93 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.02). Waste Management had a net margin of 10.74% and a return on equity of 32.45%. The business had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.39 billion. During the same quarter in the previous year, the firm earned $1.70 EPS. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. As a group, equities research analysts predict that Waste Management, Inc. will post 7.7 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on WM shares. TD Cowen boosted their price objective on shares of Waste Management from $265.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Sanford C. Bernstein boosted their price target on Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Scotiabank restated a “sector perform” rating and set a $250.00 price objective (down previously from $254.00) on shares of Waste Management in a research note on Wednesday, January 21st. Royal Bank Of Canada upped their target price on Waste Management from $223.00 to $235.00 and gave the company a “sector perform” rating in a research report on Friday, January 30th. Finally, Truist Financial set a $260.00 price target on shares of Waste Management in a research report on Wednesday, October 29th. One equities 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 data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $253.55.

More 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

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.