Eventide Asset Management LLC Cuts Stock Holdings in Waste Management, Inc. $WM - American Market News
Author: ABMN Staff
Description: Read Eventide Asset Management LLC Cuts Stock Holdings in Waste Management, Inc. $WM at American Market News
Keywords: Waste Management,NYSE:WM,WM,Business Service,94106L10,SEC Filings,13F,Hedge Fund Holdings,Institutional Investor Holdings
Date: 2026-06-15T05:58:56+0000

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# Eventide Asset Management LLC Cuts Stock Holdings in Waste Management, Inc. $WM

Posted by ABMN Staff on Jun 15th, 2026

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Eventide Asset Management LLC decreased its stake in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 53.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,767 shares of the business services provider’s stock after selling 7,706 shares during the period. Eventide Asset Management LLC’s holdings in Waste Management were worth $1,503,000 at the end of the most recent quarter.

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Several other hedge funds also recently modified their holdings of WM. Arax Advisory Partners boosted its position in Waste Management by 174.9% in the fourth quarter. Arax Advisory Partners now owns 3,604 shares of the business services provider’s stock worth $792,000 after purchasing an additional 2,293 shares during the last quarter. Brown Advisory Inc. boosted its position in Waste Management by 0.4% in the fourth quarter. Brown Advisory Inc. now owns 60,509 shares of the business services provider’s stock worth $13,294,000 after purchasing an additional 221 shares during the last quarter. Ally Financial Inc. purchased a new position in Waste Management in the fourth quarter worth $1,648,000. Arete Wealth Advisors LLC boosted its position in Waste Management by 5.2% in the fourth quarter. Arete Wealth Advisors LLC now owns 5,074 shares of the business services provider’s stock worth $1,115,000 after purchasing an additional 250 shares during the last quarter. Finally, Jacobi Capital Management LLC boosted its position in Waste Management by 2.2% in the fourth quarter. Jacobi Capital Management LLC now owns 21,383 shares of the business services provider’s stock worth $4,698,000 after purchasing an additional 452 shares during the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

## Analyst Upgrades and Downgrades

WM has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price objective on Waste Management from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Friday, April 10th. Barclays boosted their price objective on Waste Management from $266.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Wells Fargo & Company cut their price objective on Waste Management from $273.00 to $268.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Royal Bank Of Canada boosted their price objective on Waste Management from $235.00 to $240.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Finally, Wolfe Research assumed coverage on Waste Management in a research report on Friday, March 13th. They set a “peer perform” rating on the stock. Fifteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $255.30.

View Our Latest Analysis on Waste Management

## Waste Management Trading Down 0.1%

Shares of WM opened at $219.12 on Monday. The business has a 50-day moving average of $222.77 and a 200 day moving average of $224.77. Waste Management, Inc. has a fifty-two week low of $194.11 and a fifty-two week high of $248.13. The firm has a market cap of $87.99 billion, a P/E ratio of 31.71, a price-to-earnings-growth ratio of 2.29 and a beta of 0.45. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.89 and a current ratio of 0.93.

Waste Management (NYSE:WM – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.06. Waste Management had a return on equity of 31.90% and a net margin of 10.99%.The company had revenue of $6.23 billion during the quarter, compared to analyst estimates of $6.28 billion. During the same quarter last year, the firm posted $1.67 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, research analysts forecast that Waste Management, Inc. will post 8.15 EPS for the current year.

## Waste Management Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be issued a dividend of $0.945 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $3.78 dividend on an annualized basis and a yield of 1.7%. Waste Management’s dividend payout ratio is 54.70%.

## About Waste Management

(Free Report)

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.

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