WT Wealth Management Raises Holdings in Waste Management, Inc. $WM

WT Wealth Management lifted its stake in Waste Management, Inc. (NYSE:WM) by 38.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,613 shares of the business services provider’s stock after acquiring an additional 2,665 shares during the period. WT Wealth Management’s holdings in Waste Management were worth $2,143,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in WM. Boston Common Asset Management LLC increased its stake in shares of Waste Management by 12.9% in the second quarter. Boston Common Asset Management LLC now owns 55,895 shares of the business services provider’s stock worth $12,458,000 after acquiring an additional 6,391 shares during the period. PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in Waste Management during the fourth quarter valued at $10,206,000. Principal Financial Group Inc. boosted its holdings in Waste Management by 3.1% in the first quarter. Principal Financial Group Inc. now owns 460,317 shares of the business services provider’s stock valued at $105,776,000 after purchasing an additional 14,003 shares during the last quarter. KLP Kapitalforvaltning AS grew its position in Waste Management by 18.5% during the 4th quarter. KLP Kapitalforvaltning AS now owns 236,153 shares of the business services provider’s stock worth $51,885,000 after purchasing an additional 36,900 shares during the period. Finally, LBP AM SA raised its stake in shares of Waste Management by 24.1% during the 4th quarter. LBP AM SA now owns 46,640 shares of the business services provider’s stock valued at $10,247,000 after buying an additional 9,071 shares during the last quarter. Institutional investors own 80.40% of the company’s stock.

Waste Management Stock Up 0.2%

Waste Management stock opened at $224.73 on Friday. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.91 and a quick ratio of 0.87. The stock has a market capitalization of $89.83 billion, a PE ratio of 31.83, a price-to-earnings-growth ratio of 2.75 and a beta of 0.44. The business has a 50 day simple moving average of $227.62 and a 200-day simple moving average of $227.88. Waste Management, Inc. has a 12 month low of $194.11 and a 12 month high of $248.13.

Waste Management (NYSE:WM) last announced its earnings results on Tuesday, July 28th. The business services provider reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.04. The firm had revenue of $6.68 billion for the quarter, compared to analyst estimates of $6.71 billion. Waste Management had a return on equity of 31.68% and a net margin of 11.11%.The business’s revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.92 EPS. On average, analysts anticipate that Waste Management, Inc. will post 8.14 EPS for the current fiscal year.

Key Waste Management News

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

• Positive Sentiment: Stronger margins, pricing actions and cash flow are helping Waste Management offset pressure from softer collection volumes and support continued earnings growth. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Positive Sentiment: Technology-driven efficiency initiatives, contributions from the Stericycle acquisition and dependable dividend payments provide potential long-term growth and shareholder-return support. Here’s Why Investors Must Hold WM Stock in Their Portfolios Now
• Positive Sentiment: WM’s underperformance relative to the broader market may attract investors seeking a potentially favorable entry point in a defensive, cash-generating waste-services company. Waste Management (WM) Fell Behind the Rally. Is It an Opportunity?
• Neutral Sentiment: Industry trends point to ongoing equipment innovation, but the broad waste-management equipment market discussion offers limited new information specific to WM’s near-term results. Waste Management Equipment Market Future Trends and Innovations
• Negative Sentiment: Waste Management lowered its 2026 revenue outlook because of weaker volumes, increasing concern that margin gains may not fully compensate for slower underlying demand. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Negative Sentiment: WM’s elevated valuation leaves less room for execution problems, while substantial debt and weak liquidity could constrain financial flexibility and amplify downside risk. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?

Analysts Set New Price Targets

A number of brokerages have recently commented on WM. Citigroup upped their target price on Waste Management from $263.00 to $269.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Canadian Imperial Bank of Commerce lowered Waste Management from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. Oppenheimer cut their target price on shares of Waste Management from $264.00 to $263.00 and set an “outperform” rating for the company in a report on Wednesday, July 8th. Weiss Ratings upgraded shares of Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 7th. Finally, UBS Group increased their price target on shares of Waste Management from $265.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Thirteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Waste Management currently has a consensus rating of “Moderate Buy” and an average target price of $258.89.

Waste Management 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.