Atria Investments Inc grew its position in Waste Management, Inc. (NYSE:WM – Free Report) by 16.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,475 shares of the business services provider’s stock after acquiring an additional 4,196 shares during the period. Atria Investments Inc’s holdings in Waste Management were worth $6,730,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of WM. Cornerstone Planning Group LLC raised its holdings in Waste Management by 101.5% during the third quarter. Cornerstone Planning Group LLC now owns 133 shares of the business services provider’s stock worth $29,000 after purchasing an additional 67 shares during the last quarter. Loomis Sayles & Co. L P acquired a new stake in Waste Management during the second quarter worth approximately $40,000. Steigerwald Gordon & Koch Inc. acquired a new stake in Waste Management in the 3rd quarter worth about $41,000. Wealth Watch Advisors INC acquired a new position in shares of Waste Management in the 2nd quarter valued at $43,000. Finally, Costello Asset Management INC purchased a new stake in shares of Waste Management during the 3rd quarter valued at $49,000. 80.40% of the stock is currently owned by hedge funds and other institutional investors.
Waste Management News Roundup
Here are the key news stories impacting Waste Management this week:
- Positive Sentiment: Independent valuation suggests WM is materially undervalued — a Yahoo Finance analysis estimates intrinsic value implying roughly a 22% upside versus the current price; that type of third‑party valuation can attract value-focused buyers. An Intrinsic Calculation For Waste Management, Inc. (NYSE:WM) Suggests It’s 22% Undervalued
- Positive Sentiment: Private‑equity M&A activity in the waste sector — Platinum Equity’s sale of Urbaser to Blackstone/EQT for $6.6B — highlights strong deal appetite and could re‑rate sector multiples if buyers pay premiums for scale and stable cash flows. Platinum Equity to sell waste management firm Urbaser to Blackstone, EQT for $6.6 billion
- Neutral Sentiment: Recent quarterly results showed revenue growth but a slight EPS miss vs. consensus (reported $1.93 vs. $1.95) and mixed analyst moves; consensus remains a Moderate Buy with a mid‑$250s price target—supportive longer‑term but not a catalyst by itself. MarketBeat coverage summarizing earnings and analyst commentary
- Negative Sentiment: Significant insider selling by senior executives — recent filings show the CEO sold multi‑million dollars of stock (reports: ~$1.32M and ~$7.00M) — which can spook some investors even when sales are pre‑planned or for diversification. Waste Management (NYSE:WM) CEO Sells $1,317,344.22 in Stock Waste Management (NYSE:WM) CEO Sells $7,000,640.40 in Stock
- Negative Sentiment: Additional insider disposals include CAO John Carroll selling 1,021 shares (SEC filing) and another director sale; smaller on an absolute basis but contributes to near‑term negative optics. John Carroll Sells 1,021 Shares of Waste Management (NYSE:WM) Stock James Fish, Jr. Sells 657 Shares of Waste Management (NYSE:WM) Stock
Waste Management Trading Up 1.3%
Waste Management (NYSE:WM – Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The business services provider reported $1.93 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.02). The business had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.39 billion. Waste Management had a net margin of 10.74% and a return on equity of 32.45%. The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm posted $1.70 EPS. Sell-side analysts anticipate that Waste Management, Inc. will post 7.7 earnings per share for the current year.
Insider Buying and Selling
In related news, VP Donald J. Smith sold 690 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $219.59, for a total transaction of $151,517.10. Following the completion of the transaction, the vice president owned 13,376 shares of the company’s stock, valued at $2,937,235.84. This trade represents a 4.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Tara J. Hemmer sold 690 shares of the firm’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $219.71, for a total transaction of $151,599.90. Following the sale, the senior vice president owned 83,736 shares of the company’s stock, valued at $18,397,636.56. The trade was a 0.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 44,580 shares of company stock valued at $10,198,938. Company insiders own 0.18% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on Waste Management from $255.00 to $265.00 and gave the company an “overweight” rating in a report on Monday, December 1st. Weiss Ratings upgraded Waste Management from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Sanford C. Bernstein lifted their target price on Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Stifel Nicolaus increased their price target on Waste Management from $236.00 to $252.00 and gave the company a “buy” rating in a report on Friday, January 30th. Finally, Scotiabank restated a “sector perform” rating and set a $250.00 price objective (down previously from $254.00) on shares of Waste Management in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Waste Management has a consensus rating of “Moderate Buy” and an average target price of $253.55.
Read Our Latest Stock Analysis on Waste Management
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.
See Also
- Five stocks we like better than Waste Management
- ALERT: Drop these 5 stocks before January 2026!
- Buy This Stock Now
- Trump & Musk’s Secret Bet on Silver — Exposed
- Silicon Valley insiders hint at 12-month AI warning
- Your Bank Account Is No Longer Safe
Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM – Free Report).
Receive News & Ratings for Waste Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waste Management and related companies with MarketBeat.com's FREE daily email newsletter.
