ABN Amro Investment Solutions Grows Stock Holdings in Waste Connections, Inc. $WCN

ABN Amro Investment Solutions boosted its stake in shares of Waste Connections, Inc. (NYSE:WCN) by 49.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 16,340 shares of the business services provider’s stock after purchasing an additional 5,415 shares during the quarter. ABN Amro Investment Solutions’ holdings in Waste Connections were worth $2,654,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Waste Connections during the 1st quarter valued at approximately $577,000. Invesco Ltd. grew its holdings in shares of Waste Connections by 12.8% in the 2nd quarter. Invesco Ltd. now owns 219,290 shares of the business services provider’s stock worth $40,946,000 after acquiring an additional 24,948 shares during the period. First Trust Advisors LP increased its stake in Waste Connections by 2.9% in the 2nd quarter. First Trust Advisors LP now owns 24,463 shares of the business services provider’s stock valued at $4,572,000 after purchasing an additional 688 shares in the last quarter. Jump Financial LLC purchased a new position in Waste Connections in the 2nd quarter valued at approximately $2,714,000. Finally, State Street Corp increased its stake in Waste Connections by 1.0% in the 2nd quarter. State Street Corp now owns 1,808,631 shares of the business services provider’s stock valued at $337,708,000 after purchasing an additional 17,197 shares in the last quarter. 86.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Waste Connections

In other news, COO Jason Craft sold 1,500 shares of Waste Connections stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $156.59, for a total transaction of $234,885.00. Following the completion of the sale, the chief operating officer directly owned 32,861 shares in the company, valued at $5,145,703.99. The trade was a 4.37% 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, VP James Little sold 2,605 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $163.98, for a total transaction of $427,167.90. Following the completion of the transaction, the vice president directly owned 34,395 shares of the company’s stock, valued at approximately $5,640,092.10. This represents a 7.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 17,605 shares of company stock worth $2,822,923 over the last three months. Company insiders own 0.27% of the company’s stock.

Waste Connections News Summary

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

• Positive Sentiment: Waste Connections beat Q2 expectations, reporting adjusted EPS of $1.50 versus the $1.35 consensus and revenue of $2.56 billion versus $2.51 billion expected, showing steady demand and stronger-than-expected execution. Waste Connections Reports Second Quarter 2026 Results and Raises Full Year Outlook
• Positive Sentiment: The company raised its full-year 2026 outlook after the quarter, with management citing strong operational execution and margin expansion, which investors typically view as a sign of improving profitability. Waste Connections tops Q2 estimates, raises outlook as margins expand
• Positive Sentiment: Cash flow remained strong, with operating cash flow rising 14.9% year over year, supporting the company’s ability to fund capital spending, dividends, and future growth. Waste Connections (WCN) Releases Q2 2026 Earnings: Revenue Up 6.4%, EPS Grows 4.5%
• Positive Sentiment: Waste Connections declared a quarterly dividend of $0.35 per share, reinforcing its shareholder-return profile and signaling management confidence in the business. Waste Connections Announces Regular Quarterly Cash Dividend
• Neutral Sentiment: The earnings call transcript and related commentary may add more detail on margins, pricing, and outlook, but the main stock-moving catalyst is still the beat-and-raise quarter. Waste Connections, Inc. (WCN) Q2 2026 Earnings Call Transcript

Waste Connections Stock Performance

NYSE WCN opened at $168.15 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.13. Waste Connections, Inc. has a fifty-two week low of $146.89 and a fifty-two week high of $191.91. The business has a fifty day moving average of $161.10 and a 200-day moving average of $163.24. The stock has a market cap of $42.43 billion, a price-to-earnings ratio of 40.52, a price-to-earnings-growth ratio of 2.94 and a beta of 0.49.

Waste Connections (NYSE:WCN) last posted its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.15. The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.51 billion. Waste Connections had a return on equity of 17.20% and a net margin of 10.86%.The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.29 earnings per share. As a group, analysts predict that Waste Connections, Inc. will post 5.49 earnings per share for the current fiscal year.

Waste Connections Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 6th. Waste Connections’s dividend payout ratio (DPR) is currently 34.15%.

Wall Street Analysts Forecast Growth

WCN has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a “buy” rating and set a $211.00 target price on shares of Waste Connections in a research report on Thursday, April 23rd. Barclays set a $180.00 price target on Waste Connections and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. 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. Royal Bank Of Canada reissued an “outperform” rating and issued a $218.00 price objective (up from $210.00) on shares of Waste Connections in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. dropped their target price 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. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently 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.