David Reed Sells 270 Shares of Waste Management (NYSE:WM) Stock

Waste Management, Inc. (NYSE:WM) CFO David Reed sold 270 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $218.62, for a total value of $59,027.40. Following the completion of the transaction, the chief financial officer directly owned 8,843 shares of the company’s stock, valued at $1,933,256.66. The trade was a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Waste Management Stock Up 0.9%

WM opened at $225.11 on Wednesday. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.80 and a current ratio of 0.89. The company has a market cap of $90.69 billion, a price-to-earnings ratio of 33.60, a PEG ratio of 2.35 and a beta of 0.58. Waste Management, Inc. has a one year low of $194.11 and a one year high of $242.58. The business’s fifty day moving average is $219.66 and its two-hundred day moving average is $219.14.

Waste Management (NYSE:WM) last released its quarterly earnings results on Wednesday, January 28th. The business services provider reported $1.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.95 by ($0.02). The firm had revenue of $6.31 billion for the quarter, compared to analyst estimates of $6.39 billion. Waste Management had a return on equity of 32.45% and a net margin of 10.74%.The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm earned $1.70 EPS. Analysts anticipate that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Waste Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were given a $0.825 dividend. The ex-dividend date was Friday, December 5th. This represents a $3.30 annualized dividend and a dividend yield of 1.5%. Waste Management’s dividend payout ratio is currently 49.25%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on WM shares. Scotiabank reissued a “sector perform” rating and issued a $250.00 price target (down from $254.00) on shares of Waste Management in a report on Wednesday, January 21st. Wells Fargo & Company boosted their target price on shares of Waste Management from $246.00 to $250.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Waste Management in a report on Monday, December 29th. Citigroup lowered their price target on shares of Waste Management from $270.00 to $263.00 and set a “buy” rating for the company in a report on Friday, January 16th. Finally, Stifel Nicolaus upped their price objective on shares of Waste Management from $236.00 to $252.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $253.55.

More Waste Management News

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

• Positive Sentiment: Analysts have raised price targets on WM across multiple reports (new targets run roughly from low‑$235s up to $270), reflecting stronger confidence in the company’s outlook and supporting buying interest. Read More.
• Positive Sentiment: Post‑earnings commentary highlights healthy cash flow, margin resilience and RNG (renewable natural gas) initiatives — operational positives that underpin higher analyst targets and medium‑term earnings potential. Read More.
• Positive Sentiment: Operational win / responsiveness: Waste Management is partnering with the City of Jackson for winter‑storm trash collection recovery efforts, showing local operations and emergency response capability that can support near‑term revenue and community relations. Read More.
• Neutral Sentiment: Brand/sponsorship exposure at the WM Phoenix Open (Pro‑Am draws, Birds Nest concerts and other event coverage) boosts visibility and marketing value but is unlikely to move fundamentals materially in the short term. Read More. Read More.
• Neutral Sentiment: Local and event safety coverage: reporting on what the Phoenix Open is doing differently this year (and how police are handling impaired driving around the event) is primarily reputational and operations‑related — monitor headlines but expect limited direct impact on earnings. Read More. Read More.
• Negative Sentiment: Cluster of insider sales disclosed for Jan. 30 — multiple senior executives (CFO, COO, several SVPs/VPs and others) reported modest reductions in holdings. These look like routine monetizations (not departures) but the concentration of filings may create short‑term investor caution. Representative filings: Read More. and Read More.

Institutional Investors Weigh In On Waste Management

Hedge funds have recently modified their holdings of the stock. Elevated Capital Advisors LLC purchased a new position in Waste Management during the fourth quarter worth approximately $25,000. Cornerstone Planning Group LLC increased its holdings in shares of Waste Management by 101.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 133 shares of the business services provider’s stock worth $29,000 after buying an additional 67 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Waste Management in the 3rd quarter worth $30,000. Kelleher Financial Advisors acquired a new position in Waste Management in the fourth quarter valued at $31,000. Finally, Loomis Sayles & Co. L P purchased a new stake in Waste Management during the second quarter valued at about $40,000. 80.40% of the stock is owned by institutional investors and hedge funds.

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.