TimesSquare Capital Management LLC Sells 45,782 Shares of Waste Connections, Inc. $WCN

TimesSquare Capital Management LLC cut its position in Waste Connections, Inc. (NYSE:WCN) by 14.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 262,280 shares of the business services provider’s stock after selling 45,782 shares during the period. TimesSquare Capital Management LLC owned 0.10% of Waste Connections worth $46,109,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of WCN. Calamos Wealth Management LLC acquired a new position in shares of Waste Connections during the second quarter valued at $2,055,000. Cidel Asset Management Inc. raised its holdings in Waste Connections by 3.3% during the 2nd quarter. Cidel Asset Management Inc. now owns 136,991 shares of the business services provider’s stock worth $25,539,000 after purchasing an additional 4,340 shares during the last quarter. CIBC Asset Management Inc lifted its position in Waste Connections by 55.7% during the 3rd quarter. CIBC Asset Management Inc now owns 1,991,112 shares of the business services provider’s stock valued at $350,603,000 after purchasing an additional 711,990 shares during the period. Fisher Funds Management LTD boosted its stake in shares of Waste Connections by 51.2% in the 3rd quarter. Fisher Funds Management LTD now owns 88,336 shares of the business services provider’s stock valued at $15,529,000 after purchasing an additional 29,925 shares during the last quarter. Finally, National Pension Service boosted its stake in shares of Waste Connections by 2.3% in the 3rd quarter. National Pension Service now owns 385,446 shares of the business services provider’s stock valued at $67,761,000 after purchasing an additional 8,725 shares during the last quarter. Institutional investors and hedge funds own 86.09% of the company’s stock.

Analyst Upgrades and Downgrades

WCN has been the topic of several analyst reports. Stifel Nicolaus set a $213.00 price objective on shares of Waste Connections and gave the company a “buy” rating in a report on Friday. The Goldman Sachs Group started coverage on shares of Waste Connections in a research report on Monday, November 24th. They set a “buy” rating and a $202.00 target price for the company. Scotiabank set a $197.00 price target on Waste Connections and gave the company a “sector outperform” rating in a research note on Friday. Wells Fargo & Company started coverage on Waste Connections in a research report on Thursday, November 13th. They issued an “overweight” rating and a $186.00 price target on the stock. Finally, Morgan Stanley set a $205.00 price objective on Waste Connections and gave the company an “overweight” rating in a report on Friday. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Waste Connections currently has an average rating of “Buy” and an average price target of $204.20.

Trending Headlines about Waste Connections

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

• Positive Sentiment: Company raised FY‑2026 revenue guidance to roughly $9.9B–$9.95B and cited AI-driven efficiency plus acquisition synergies as drivers of margin improvement — a key fundamental reason investors are bullish on forward growth and margins. Waste Connections targets $9.9B–$9.95B 2026 revenue as AI and acquisition gains bolster margin outlook
• Positive Sentiment: Q4 EPS beat estimates ($1.29 vs $1.28) and EPS rose year‑over‑year; management highlighted margin expansion and efficiency initiatives on the earnings call — supports the stock’s upward move. Waste Connections Posts Strong Q4 Results, Raises 2026 Outlook
• Positive Sentiment: Board declared a quarterly cash dividend of $0.35 (ex‑dividend Feb 25), which supports income investors and adds to shareholder return credibility.
• Neutral Sentiment: Revenue was effectively in line/slightly below consensus ($2.35B reported vs. $2.37B expected) — mixed top‑line print offsets the small EPS beat and tempers the bullish case. Waste Connections (WCN) Q4 Earnings and Revenues Beat Estimates
• Neutral Sentiment: Analyses and deep dives highlight margin expansion and operational efficiency initiatives; useful context for modeling but largely qualitative until converted into sustained margin outperformance. WCN Q4 Deep Dive: Margin Expansion and Efficiency Initiatives Amid Market Pressures
• Neutral Sentiment: Valuation write‑ups are revisiting WCN after recent share‑price weakness — watch valuation multiples and how analysts adjust long‑term EPS assumptions. A Look At Waste Connections (WCN) Valuation After Recent Share Price Weakness
• Negative Sentiment: TD Cowen trimmed its price target from $210 to $200 (but kept a Buy rating) — a downward revision that signals some analyst caution on near‑term upside/valuation even as the team remains constructive. Benzinga

Waste Connections Stock Performance

Shares of Waste Connections stock opened at $160.41 on Friday. The stock’s fifty day simple moving average is $170.75 and its 200 day simple moving average is $174.54. The company has a current ratio of 0.62, a quick ratio of 0.67 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $41.01 billion, a PE ratio of 38.47, a PEG ratio of 2.92 and a beta of 0.62. Waste Connections, Inc. has a 12 month low of $155.65 and a 12 month high of $201.66.

Waste Connections (NYSE:WCN) last announced its quarterly earnings results on Wednesday, February 11th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.01. The company had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.37 billion. Waste Connections had a return on equity of 16.25% and a net margin of 11.37%.The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.16 earnings per share. On average, research analysts predict that Waste Connections, Inc. will post 5.28 EPS for the current year.

Waste Connections Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Wednesday, February 25th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, February 25th. This represents a $1.40 dividend on an annualized basis and a yield of 0.9%. Waste Connections’s payout ratio is presently 33.57%.

Waste Connections Company Profile

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.

The company’s operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.