Waste Connections, Inc. $WCN Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. lowered its holdings in Waste Connections, Inc. (NYSE:WCN) by 42.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,439 shares of the business services provider’s stock after selling 6,923 shares during the period. Bessemer Group Inc.’s holdings in Waste Connections were worth $1,534,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. City Holding Co. bought a new position in shares of Waste Connections during the fourth quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Waste Connections during the 3rd quarter worth approximately $26,000. Transamerica Financial Advisors LLC lifted its holdings in shares of Waste Connections by 346.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 174 shares of the business services provider’s stock worth $31,000 after purchasing an additional 135 shares during the last quarter. Whipplewood Advisors LLC lifted its holdings in shares of Waste Connections by 1,166.7% in the 1st quarter. Whipplewood Advisors LLC now owns 190 shares of the business services provider’s stock worth $31,000 after purchasing an additional 175 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Waste Connections in the 4th quarter worth approximately $36,000. Institutional investors own 86.09% of the company’s stock.

Insider Buying and Selling

In related news, CEO Ronald J. Mittelstaedt acquired 50,000 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of $152.24 per share, for a total transaction of $7,612,000.00. Following the completion of the acquisition, the chief executive officer directly owned 301,017 shares of the company’s stock, valued at approximately $45,826,828.08. The trade was a 19.92% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Eric Hansen sold 6,000 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $164.82, for a total transaction of $988,920.00. Following the completion of the transaction, the senior vice president owned 13,350 shares of the company’s stock, valued at $2,200,347. This trade represents a 31.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 17,605 shares of company stock worth $2,822,923. Company insiders own 0.27% of the company’s stock.

Waste Connections Trading Down 0.3%

NYSE:WCN opened at $167.91 on Thursday. The stock has a market cap of $42.37 billion, a price-to-earnings ratio of 40.95, a PEG ratio of 2.95 and a beta of 0.49. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.69 and a current ratio of 0.69. Waste Connections, Inc. has a 1 year low of $146.89 and a 1 year high of $191.91. The business has a fifty day moving average of $160.84 and a 200-day moving average of $163.28.

Waste Connections (NYSE:WCN) last posted its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.15. The business had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.51 billion. Waste Connections had a net margin of 10.97% and a return on equity of 16.49%. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.29 earnings per share. Equities analysts predict that Waste Connections, Inc. will post 5.49 earnings per share for the current year.

Waste Connections News Roundup

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

• Positive Sentiment: Waste Connections beat Q2 expectations, reporting EPS of $1.50 versus the $1.35 consensus and revenue of $2.56 billion versus $2.51 billion expected, which points to steady demand and better-than-expected execution. Waste Connections Reports Second Quarter 2026 Results and Raises Full Year Outlook
• Positive Sentiment: The company raised its full-year outlook after the quarter, suggesting management sees continued momentum in revenue growth and margin expansion for the rest of 2026. Waste Connections Reports Second Quarter 2026 Results and Raises Full Year Outlook
• Positive Sentiment: The board declared a regular quarterly cash dividend of $0.35 per share, reinforcing the company’s shareholder-return profile and financial stability. Waste Connections Announces Regular Quarterly Cash Dividend
• Positive Sentiment: Q2 revenue grew 6.4% year over year and cash from operations rose 14.9%, both signs of healthy underlying business performance. Waste Connections (WCN) Releases Q2 2026 Earnings: Revenue Up 6.4%, EPS Grows 4.5%
• Neutral Sentiment: Some individual earnings coverage also highlighted margin expansion and an upgraded outlook, but the stock’s longer-term reaction may depend on whether investors focus more on guidance strength than on mixed profit-line details. Waste Connections tops Q2 estimates, raises outlook as margins expand

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. BMO Capital Markets restated an “outperform” rating and set a $208.00 price objective (up from $206.00) on shares of Waste Connections in a research note on Friday, April 24th. Barclays set a $180.00 target price on Waste Connections and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. JPMorgan Chase & Co. reduced their price target on shares of Waste Connections from $210.00 to $195.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Weiss Ratings lowered shares of Waste Connections from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 13th. Finally, Citigroup upped their price target on shares of Waste Connections from $180.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $202.00.

Waste Connections Profile

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.

The company’s operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.