Fortis Group Advisors LLC Increases Holdings in Waste Management, Inc. $WM

Fortis Group Advisors LLC increased its position in Waste Management, Inc. (NYSE:WM) by 211.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,312 shares of the business services provider’s stock after purchasing an additional 15,155 shares during the quarter. Fortis Group Advisors LLC’s holdings in Waste Management were worth $4,973,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of WM. Elevated Capital Advisors LLC purchased a new stake in shares of Waste Management in the 4th quarter worth $25,000. RHL Group LLC purchased a new position in shares of Waste Management during the fourth quarter valued at $29,000. Financial Network Wealth Advisors LLC increased its stake in shares of Waste Management by 55.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock valued at $29,000 after buying an additional 47 shares during the period. Mcguire Capital Advisors Inc. bought a new stake in shares of Waste Management in the fourth quarter valued at about $29,000. Finally, JPL Wealth Management LLC purchased a new stake in Waste Management in the third quarter worth about $30,000. 80.40% of the stock is owned by institutional investors.

Key Stories Impacting Waste Management

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

• Positive Sentiment: Higher margins, pricing gains and stronger cash flow could help WM sustain earnings momentum even as operating conditions soften. Technology-driven efficiencies, including benefits from the Stericycle integration, and the company’s consistent dividend also support the long-term investment case. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
• Positive Sentiment: WM’s recent earnings performance exceeded analysts’ EPS expectations, while revenue continued to grow year over year. These results reinforce the potential for margin expansion and disciplined pricing to offset slower volume growth.
• Neutral Sentiment: WM has lagged the broader market rally, prompting some investors to view the stock as a potential opportunity for defensive, income-oriented portfolios. However, the investment case depends on continued execution rather than a clear near-term catalyst. Waste Management Fell Behind the Rally. Is It an Opportunity?
• Negative Sentiment: WM lowered its 2026 revenue outlook because of softer volumes. Investors are watching whether margin improvements, pricing and cash flow can fully offset weaker demand. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Negative Sentiment: A premium earnings multiple, substantial debt and weak liquidity metrics increase downside risk if growth or integration benefits disappoint. With shares trading near their moving averages and valuation still rich, investors may demand continued earnings execution. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?

Waste Management Price Performance

WM opened at $224.73 on Friday. The firm has a market capitalization of $89.83 billion, a PE ratio of 31.83, a price-to-earnings-growth ratio of 2.76 and a beta of 0.44. 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 business’s 50-day moving average is $227.62 and its two-hundred day moving average is $227.88. Waste Management, Inc. has a 1 year low of $194.11 and a 1 year high of $248.13.

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

Analyst Upgrades and Downgrades

WM has been the topic of several recent research reports. Wells Fargo & Company dropped their target price on shares of Waste Management from $273.00 to $268.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Barclays upped their price target on shares of Waste Management from $270.00 to $277.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Royal Bank Of Canada increased their price objective on shares of Waste Management from $240.00 to $244.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Weiss Ratings raised shares of Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 7th. Finally, TD Cowen boosted their price objective on shares of Waste Management from $270.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently 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.