Exchange Traded Concepts LLC Increases Stake in Waste Management, Inc. $WM

Exchange Traded Concepts LLC grew its stake in shares of Waste Management, Inc. (NYSE:WM) by 38.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 15,943 shares of the business services provider’s stock after purchasing an additional 4,458 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Waste Management were worth $3,553,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Elevated Capital Advisors LLC purchased a new position in shares of Waste Management in the 4th quarter worth $25,000. Financial Network Wealth Advisors LLC grew its position in Waste Management by 55.3% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock worth $29,000 after acquiring an additional 47 shares in the last quarter. RHL Group LLC bought a new stake in Waste Management during the fourth quarter worth approximately $29,000. Mcguire Capital Advisors Inc. purchased a new stake in Waste Management during the fourth quarter valued at approximately $29,000. Finally, JPL Wealth Management LLC bought a new stake in shares of Waste Management in the 3rd quarter valued at approximately $30,000. Institutional investors own 80.40% of the company’s stock.

Trending Headlines about Waste Management

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

• Positive Sentiment: Improving margins, pricing gains and stronger free cash flow could help WM sustain earnings momentum despite softer waste volumes. The company’s technology-driven efficiency initiatives and benefits from the Stericycle acquisition are additional growth supports. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Positive Sentiment: Steady dividend payments and WM’s defensive, recurring-services business continue to appeal to investors seeking dependable cash returns. Recent quarterly results also showed EPS above consensus and year-over-year revenue growth. Here’s Why Investors Must Hold WM Stock in Their Portfolios Now
• Neutral Sentiment: Parnassus Investments’ second-quarter letter noted that WM had lagged the broader market rally, raising the possibility that the stock could offer catch-up potential if operating improvements continue. Waste Management Fell Behind the Rally. Is It an Opportunity?
• Negative Sentiment: WM lowered its 2026 revenue outlook because of weaker volumes, increasing reliance on margin expansion, pricing and cost controls to protect earnings growth. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Negative Sentiment: Valuation remains demanding, with a price-to-earnings ratio near 32 and PEG ratio around 2.75. Debt is also high relative to equity, while sub-1.0 liquidity ratios could constrain financial flexibility if conditions weaken. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?

Waste Management Stock Performance

WM stock opened at $224.73 on Friday. Waste Management, Inc. has a one year low of $194.11 and a one year high of $248.13. The firm has a market cap of $89.83 billion, a price-to-earnings ratio of 31.83, a PEG ratio of 2.75 and a beta of 0.44. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.87 and a current ratio of 0.91. The firm has a 50-day simple moving average of $227.62 and a two-hundred day simple moving average of $227.88.

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on WM shares. Weiss Ratings upgraded shares of Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 7th. Royal Bank Of Canada raised their price objective on shares of Waste Management from $240.00 to $244.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 30th. TD Cowen upped their target price on Waste Management from $270.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus increased their price target on Waste Management from $252.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, UBS Group boosted their price objective on Waste Management from $265.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Waste Management presently has an average rating of “Moderate Buy” and a consensus 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.