Bank of New York Mellon Corp Sells 14,854 Shares of Waste Management, Inc. $WM

Bank of New York Mellon Corp cut its position in shares of Waste Management, Inc. (NYSE:WM) by 0.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,529,867 shares of the business services provider’s stock after selling 14,854 shares during the period. Bank of New York Mellon Corp’s holdings in Waste Management were worth $558,670,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cornercap Investment Counsel Inc. bought a new position in shares of Waste Management during the third quarter worth $1,583,000. Wealthfront Advisers LLC lifted its holdings in Waste Management by 3.1% during the second quarter. Wealthfront Advisers LLC now owns 57,093 shares of the business services provider’s stock worth $13,064,000 after acquiring an additional 1,698 shares in the last quarter. GPM Growth Investors Inc. grew its stake in Waste Management by 50.6% in the second quarter. GPM Growth Investors Inc. now owns 16,640 shares of the business services provider’s stock valued at $3,808,000 after acquiring an additional 5,588 shares during the period. Apollon Wealth Management LLC increased its holdings in shares of Waste Management by 8.1% in the third quarter. Apollon Wealth Management LLC now owns 95,804 shares of the business services provider’s stock worth $21,156,000 after acquiring an additional 7,143 shares in the last quarter. Finally, Truist Financial Corp raised its position in shares of Waste Management by 62.9% during the second quarter. Truist Financial Corp now owns 268,033 shares of the business services provider’s stock worth $61,331,000 after purchasing an additional 103,487 shares during the period. 80.40% of the stock is owned by institutional investors.

Key Waste Management News

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

• Positive Sentiment: Solid operating and cash‑flow trends: revenue rose ~7% YoY and WM posted double‑digit increases in gross and operating profit and higher cash from operations, supporting the long‑term growth story. Read More.
• Positive Sentiment: Analyst appetite and upside to consensus: multiple recent buy/overweight ratings and a median price target around $255 suggest buy‑side support into any post‑earnings weakness. Read More.
• Positive Sentiment: Shareholder actions and insider activity bolster confidence: recent dividend and buyback increases have helped sentiment, and there was at least one insider purchase noted. Read More.
• Neutral Sentiment: FY‑2026 revenue guidance roughly in line with expectations: company set revenue guidance at about $26.4–$26.6B but did not provide a clear EPS target in the release, leaving some forecasting work for analysts. Read More.
• Neutral Sentiment: Weather disruption is a short‑term operational headwind but also a stress test of network resilience — may affect near‑term volumes and collections timing rather than long‑term demand. Read More.
• Negative Sentiment: Earnings and revenue missed consensus: Q4 EPS of $1.93 missed the Zacks/consensus of ~$1.95 and revenue of ~$6.31B fell short of estimates, which pressured the shares after the print. Read More.
• Negative Sentiment: Some balance‑sheet / cash items drew attention: reported cash & equivalents declined materially year‑over‑year and different data feeds showed varying EPS comparisons, adding uncertainty to near‑term sentiment and prompting some selling. Read More.

Insider Activity at Waste Management

In related news, SVP Rafael Carrasco sold 1,380 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $217.06, for a total value of $299,542.80. Following the completion of the transaction, the senior vice president directly owned 15,540 shares of the company’s stock, valued at approximately $3,373,112.40. This trade represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

WM has been the subject of a number of research reports. DZ Bank initiated coverage on Waste Management in a research note on Tuesday, November 25th. They set a “buy” rating and a $250.00 target price for the company. TD Cowen restated a “buy” rating on shares of Waste Management in a report on Wednesday, October 29th. Sanford C. Bernstein upped their target price on shares of Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. JPMorgan Chase & Co. lifted their price target on Waste Management from $255.00 to $265.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Finally, Oppenheimer boosted their price target on Waste Management from $262.00 to $263.00 and gave the company an “outperform” rating in a report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Waste Management presently has an average rating of “Moderate Buy” and a consensus target price of $251.19.

Waste Management Trading Up 0.0%

Shares of NYSE:WM opened at $231.40 on Thursday. The company’s 50-day moving average price is $219.02 and its two-hundred day moving average price is $219.29. Waste Management, Inc. has a one year low of $194.11 and a one year high of $242.58. The company has a debt-to-equity ratio of 2.36, a current ratio of 0.84 and a quick ratio of 0.80. The stock has a market capitalization of $93.22 billion, a PE ratio of 36.44, a price-to-earnings-growth ratio of 2.59 and a beta of 0.59.

Waste Management (NYSE:WM) last released its earnings results on Wednesday, January 28th. The business services provider reported $1.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.02). Waste Management had a net margin of 10.35% and a return on equity of 33.00%. The company had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same period in the prior year, the firm posted $1.70 EPS. Waste Management’s revenue was up 7.1% compared to the same quarter last year. On average, equities analysts forecast that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Waste Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were paid a dividend of $0.825 per share. The ex-dividend date was Friday, December 5th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.4%. Waste Management’s dividend payout ratio is currently 51.97%.

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.