Waste Management (NYSE:WM) CFO David Reed Sells 75 Shares

Waste Management, Inc. (NYSE:WM) CFO David Reed sold 75 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $245.26, for a total value of $18,394.50. Following the completion of the sale, the chief financial officer owned 8,495 shares in the company, valued at approximately $2,083,483.70. This represents a 0.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Waste Management Stock Performance

Shares of NYSE WM opened at $235.21 on Wednesday. Waste Management, Inc. has a 1 year low of $194.11 and a 1 year high of $248.13. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.85 and a current ratio of 0.89. The company’s fifty day moving average price is $228.70 and its 200 day moving average price is $220.05. The company has a market capitalization of $94.87 billion, a PE ratio of 35.11, a price-to-earnings-growth ratio of 2.60 and a beta of 0.57.

Waste Management (NYSE:WM) last announced its quarterly 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). The business had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Waste Management had a net margin of 10.74% and a return on equity of 32.45%. Waste Management’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.70 EPS. On average, research analysts predict that Waste Management, Inc. will post 7.7 earnings per share for the current year.

Waste Management Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a $0.945 dividend. This represents a $3.78 dividend on an annualized basis and a dividend yield of 1.6%. This is a positive change from Waste Management’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, March 13th. Waste Management’s dividend payout ratio (DPR) is currently 49.25%.

Institutional Investors Weigh In On Waste Management

Several large investors have recently modified their holdings of WM. Vanguard Group Inc. lifted its position in Waste Management by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 38,990,067 shares of the business services provider’s stock valued at $8,566,508,000 after purchasing an additional 553,605 shares during the period. State Street Corp lifted its holdings in Waste Management by 1.6% in the fourth quarter. State Street Corp now owns 17,390,748 shares of the business services provider’s stock valued at $3,820,921,000 after acquiring an additional 281,456 shares during the period. Geode Capital Management LLC grew its stake in shares of Waste Management by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 8,993,006 shares of the business services provider’s stock worth $1,972,371,000 after purchasing an additional 117,476 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Waste Management by 5.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 5,668,221 shares of the business services provider’s stock valued at $1,250,613,000 after purchasing an additional 277,250 shares in the last quarter. Finally, Norges Bank purchased a new stake in Waste Management during the fourth quarter worth about $1,022,916,000. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Key Headlines Impacting Waste Management

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

• Positive Sentiment: IBD upgraded Waste Management’s relative strength rating, highlighting a breakout in price momentum — a technical positive that can attract momentum buyers. This Waste Management Giant Breaks Out, Keeps Rising, Gets Stock Rating Upgrade
• Positive Sentiment: Company recently raised its quarterly dividend (to $0.945), signaling strong cash generation and returning capital to shareholders — supportive for longer-term income investors. Waste Management MarketBeat profile
• Positive Sentiment: Multiple analysts have lifted price targets and reiterated Buy/Outperform ratings in recent weeks, raising the consensus target above the current price and providing fundamental support. Analyst coverage and target changes
• Neutral Sentiment: Waste Management executives and external partners will present at industry events (e.g., panels on nuclear waste/disposal technologies), which could surface long-term growth & new-service opportunities but are not immediate catalysts. Deep Isolation presentation at Waste Management 2026
• Neutral Sentiment: Positive evergreen coverage (e.g., Motley Fool piece) frames WM as a defensive industrial/income name — supportive for buy-and-hold investors but less relevant to intraday moves. 1 Magnificent Industrial Stock to Buy and Hold Forever
• Negative Sentiment: Significant insider selling by senior executives (COO John J. Morris sold thousands of shares in multiple filings and other officers also trimmed positions). Large, concentrated insider sales are a common reason for short-term selling pressure and investor concern. Top Waste Management Executive Quietly Cashes In on a Major Stock Sale SEC filing: insider sale
• Negative Sentiment: Today’s stock move is also framed by market coverage noting WM fell more than the broader market; that outsized drop may reflect short-term profit-taking after the recent run-up and the visible insider sales. Waste Management (WM) Suffers a Larger Drop Than the General Market Zacks: WM suffers larger drop

Wall Street Analyst Weigh In

WM has been the topic of several recent research reports. DZ Bank assumed coverage on Waste Management in a report on Tuesday, November 25th. They set a “buy” rating and a $250.00 target price on the stock. Scotiabank restated a “sector perform” rating and set a $250.00 price objective (down from $254.00) on shares of Waste Management in a research report on Wednesday, January 21st. Stifel Nicolaus increased their price target on shares of Waste Management from $236.00 to $252.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Oppenheimer upped their price objective on Waste Management from $263.00 to $264.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Finally, Barclays cut their target price on Waste Management from $266.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Waste Management presently has an average rating of “Moderate Buy” and an average target price of $253.55.

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.