Y Intercept Hong Kong Ltd Sells 23,612 Shares of Waste Management, Inc. $WM

Y Intercept Hong Kong Ltd trimmed its holdings in shares of Waste Management, Inc. (NYSE:WM) by 80.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,855 shares of the business services provider’s stock after selling 23,612 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Waste Management were worth $1,293,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Loomis Sayles & Co. L P bought a new position in shares of Waste Management in the 2nd quarter worth $40,000. Steigerwald Gordon & Koch Inc. acquired a new position in Waste Management in the third quarter valued at about $41,000. Wealth Watch Advisors INC bought a new position in Waste Management during the second quarter worth about $43,000. Halbert Hargrove Global Advisors LLC grew its position in shares of Waste Management by 47.0% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 244 shares of the business services provider’s stock worth $54,000 after buying an additional 78 shares during the period. Finally, Gladwyn Financial Advisors Inc. bought a new stake in shares of Waste Management in the 2nd quarter valued at about $58,000. 80.40% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WM. Weiss Ratings restated a “hold (c+)” rating on shares of Waste Management in a report on Monday, December 29th. The Goldman Sachs Group assumed coverage on shares of Waste Management in a research report on Monday, November 24th. They set a “buy” rating and a $256.00 price target on the stock. JPMorgan Chase & Co. upped their price objective on shares of Waste Management from $255.00 to $265.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. CIBC reduced their target price on Waste Management from $235.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Finally, Citigroup lowered their price target on Waste Management from $270.00 to $263.00 and set a “buy” rating for the company in a report on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.55.

Insider Activity at Waste Management

In other news, SVP Rafael Carrasco sold 1,380 shares of the firm’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $217.06, for a total value of $299,542.80. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is currently owned by corporate insiders.

Key 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.

Waste Management Trading Down 0.4%

NYSE WM opened at $222.17 on Friday. Waste Management, Inc. has a 52 week low of $194.11 and a 52 week high of $242.58. 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 stock’s 50 day moving average price is $219.25 and its two-hundred day moving average price is $219.22. The stock has a market capitalization of $89.51 billion, a price-to-earnings ratio of 33.16, a PEG ratio of 2.51 and a beta of 0.59.

Waste Management (NYSE:WM) last posted its quarterly earnings data 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). The business had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.39 billion. Waste Management had a net margin of 10.74% and a return on equity of 32.45%. Waste Management’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the business earned $1.70 earnings per share. As a group, analysts anticipate that Waste Management, Inc. will post 7.7 earnings per share for the current fiscal year.

Waste Management Dividend Announcement

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