Rep. Rick Larsen Buys Waste Management, Inc. (NYSE:WM) Stock

Representative Rick Larsen (D-Washington) recently bought shares of Waste Management, Inc. (NYSE:WM). In a filing disclosed on January 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Waste Management stock on January 7th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Verisk Analytics (NASDAQ:VRSK) on 1/7/2026.
• Purchased $1,001 – $15,000 in shares of Darden Restaurants (NYSE:DRI) on 1/7/2026.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/7/2026.
• Sold $1,001 – $15,000 in shares of Mondelez International (NASDAQ:MDLZ) on 1/7/2026.
• Sold $1,001 – $15,000 in shares of Essex Property Trust (NYSE:ESS) on 1/7/2026.

Waste Management Trading Up 0.4%

NYSE:WM opened at $219.74 on Friday. The company’s 50 day moving average is $215.35 and its 200-day moving average is $219.31. The company has a quick ratio of 0.80, a current ratio of 0.84 and a debt-to-equity ratio of 2.36. Waste Management, Inc. has a 12 month low of $194.11 and a 12 month high of $242.58. The firm has a market cap of $88.53 billion, a price-to-earnings ratio of 34.61, a P/E/G ratio of 2.45 and a beta of 0.59.

Waste Management (NYSE:WM) last posted its quarterly earnings data on Monday, October 27th. The business services provider reported $1.98 EPS for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.03). The business had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.51 billion. Waste Management had a return on equity of 33.00% and a net margin of 10.35%.The company’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.96 earnings per share. Equities analysts anticipate that Waste Management, Inc. will post 7.7 EPS for the current year.

Waste Management Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were issued a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, December 5th. Waste Management’s payout ratio is 51.97%.

Hedge Funds Weigh In On Waste Management

Several institutional investors have recently modified their holdings of WM. Syntegra Private Wealth Group LLC boosted its holdings in shares of Waste Management by 2.0% in the 2nd quarter. Syntegra Private Wealth Group LLC now owns 2,291 shares of the business services provider’s stock valued at $524,000 after buying an additional 44 shares during the last quarter. Harbour Trust & Investment Management Co raised its position in Waste Management by 1.1% during the second quarter. Harbour Trust & Investment Management Co now owns 4,120 shares of the business services provider’s stock worth $943,000 after acquiring an additional 45 shares in the last quarter. Old Port Advisors lifted its stake in Waste Management by 0.3% in the fourth quarter. Old Port Advisors now owns 16,963 shares of the business services provider’s stock valued at $3,727,000 after acquiring an additional 46 shares during the last quarter. KWB Wealth increased its stake in shares of Waste Management by 1.3% during the 2nd quarter. KWB Wealth now owns 3,607 shares of the business services provider’s stock worth $835,000 after purchasing an additional 47 shares during the last quarter. Finally, D.B. Root & Company LLC raised its holdings in shares of Waste Management by 3.0% in the 2nd quarter. D.B. Root & Company LLC now owns 1,603 shares of the business services provider’s stock valued at $367,000 after purchasing an additional 47 shares during the period. Institutional investors own 80.40% of the company’s stock.

Insider Buying and Selling

In other Waste Management news, SVP Rafael Carrasco sold 1,380 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $217.06, for a total transaction of $299,542.80. Following the completion of the sale, the senior vice president owned 15,540 shares of the company’s stock, valued at $3,373,112.40. This trade represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.18% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on WM. Morgan Stanley cut their target price on Waste Management from $232.00 to $230.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. UBS Group upgraded Waste Management from a “neutral” rating to a “buy” rating and raised their target price for the company from $225.00 to $260.00 in a research note on Friday, January 9th. Oppenheimer upped their price objective on Waste Management from $262.00 to $263.00 and gave the stock an “outperform” rating in a report on Tuesday, December 16th. Cowen reaffirmed a “buy” rating on shares of Waste Management in a research note on Wednesday, October 29th. Finally, National Bankshares dropped their target price on shares of Waste Management from $250.00 to $243.00 and set a “sector perform” rating for the company in a research report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $250.77.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

About Waste Management

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.