Waste Management, Inc. $WM Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC lessened its position in shares of Waste Management, Inc. (NYSE:WM) by 27.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 15,448 shares of the business services provider’s stock after selling 5,927 shares during the period. Great Lakes Advisors LLC’s holdings in Waste Management were worth $3,411,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in Waste Management in the 2nd quarter worth about $1,064,206,000. Vontobel Holding Ltd. raised its stake in shares of Waste Management by 444.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 2,206,026 shares of the business services provider’s stock worth $487,157,000 after buying an additional 1,800,728 shares during the period. Valeo Financial Advisors LLC lifted its position in shares of Waste Management by 15,782.4% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,728,486 shares of the business services provider’s stock valued at $395,512,000 after buying an additional 1,717,603 shares in the last quarter. Sustainable Growth Advisers LP grew its stake in Waste Management by 55.5% in the 2nd quarter. Sustainable Growth Advisers LP now owns 2,897,636 shares of the business services provider’s stock valued at $663,037,000 after acquiring an additional 1,034,258 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in Waste Management by 982.3% during the third quarter. Assenagon Asset Management S.A. now owns 886,164 shares of the business services provider’s stock worth $195,692,000 after acquiring an additional 804,285 shares during the period. Institutional investors and hedge funds own 80.40% of the company’s stock.

Insider Buying and Selling at Waste Management

In other news, SVP Rafael Carrasco sold 1,380 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The shares were 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 in the company, valued at $3,373,112.40. This trade represents a 8.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.18% of the stock is currently owned by company insiders.

More Waste Management News

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

• Positive Sentiment: Multiple broker upgrades/price-target raises signal analyst confidence and create upside expectations — notable lifts include TD Cowen raising its target to $270 (Buy), Oppenheimer to $264 (Outperform), Wells Fargo to $250 (Overweight), Stifel to $252 (Buy) and RBC to $235 (Sector Perform). These raises help underpin demand and longer-term upside.
• Positive Sentiment: MarketBeat piece argues WM is in a trend-following rally, supported by widening margins, accelerating free cash flow and a resumed buyback plan — factors that can sustain share-price appreciation. Waste Management’s “Boring” Business Is Powering a Quiet Rally
• Positive Sentiment: Dividend and buyback tailwinds: WM raised its dividend and signaled intent to resume repurchases (guidance assumes ~$2B in buybacks), improving shareholder-return prospects and offsetting share-based dilution over time. (Referenced in MarketBeat coverage.)
• Neutral Sentiment: Industry report notes long-term demand in specialized waste markets (solid control drilling waste mgmt. forecast to 2035) — a potential structural tailwind but only indirectly tied to WM’s near-term earnings. Solid Control Drilling Waste Management Market Size
• Neutral Sentiment: Full Q4 earnings call transcript is available for investors wanting detail on segment performance and management commentary; useful for parsing how sustainable margin and cash-flow commentary is. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 results missed expectations on both EPS ($1.93 vs. ~$1.95 est.) and revenue (came up short of estimates). The miss pressured the stock as it undercut near-term growth/beat expectations that had supported the rally. Waste Management Stock Falls After Disappointing Q4 Results
• Negative Sentiment: Guidance was slightly below Street expectations (revenue/growth assumptions modest), leaving room for disappointment if execution slips — this is the primary catalyst for short-term downside risk.

Analyst Ratings Changes

Several analysts have recently issued reports on WM shares. Barclays dropped their target price on shares of Waste Management from $266.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Waste Management in a report on Monday, December 29th. Stifel Nicolaus increased their target price on Waste Management from $236.00 to $252.00 and gave the company a “buy” rating in a report on Friday. Sanford C. Bernstein lifted their price target on Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. Finally, UBS Group raised Waste Management from a “neutral” rating to a “buy” rating and increased their price objective for the company from $225.00 to $260.00 in a research note on Friday, January 9th. Two investment 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.55.

Waste Management Price Performance

NYSE:WM opened at $222.17 on Friday. The stock has a 50 day moving average price of $219.25 and a 200 day moving average price of $219.27. The stock has a market cap of $89.51 billion, a PE ratio of 33.16, a P/E/G ratio of 2.51 and a beta of 0.59. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.80 and a current ratio of 0.89. Waste Management, Inc. has a one year low of $194.11 and a one year high of $242.58.

Waste Management (NYSE:WM) last issued 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 return on equity of 32.45% and a net margin of 10.74%.The company had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.39 billion. During the same period last year, the business earned $1.70 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year. Equities research analysts expect that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Waste Management Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders 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 presently 49.25%.

Waste Management Company 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.