Locust Wood Capital Advisers LLC Sells 4,796 Shares of Waste Management, Inc. $WM

Locust Wood Capital Advisers LLC trimmed its holdings in shares of Waste Management, Inc. (NYSE:WM) by 1.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 470,881 shares of the business services provider’s stock after selling 4,796 shares during the period. Waste Management comprises about 2.6% of Locust Wood Capital Advisers LLC’s portfolio, making the stock its 17th largest position. Locust Wood Capital Advisers LLC owned approximately 0.12% of Waste Management worth $103,985,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Syntegra Private Wealth Group LLC raised its stake in Waste Management by 2.0% in the second quarter. Syntegra Private Wealth Group LLC now owns 2,291 shares of the business services provider’s stock worth $524,000 after buying an additional 44 shares in the last quarter. Harbour Trust & Investment Management Co raised its position in shares of Waste Management by 1.1% in the 2nd quarter. Harbour Trust & Investment Management Co now owns 4,120 shares of the business services provider’s stock worth $943,000 after acquiring an additional 45 shares in the last quarter. KWB Wealth lifted its stake in shares of Waste Management by 1.3% during the 2nd quarter. KWB Wealth now owns 3,607 shares of the business services provider’s stock worth $835,000 after purchasing an additional 47 shares during the last quarter. D.B. Root & Company LLC grew its stake in Waste Management by 3.0% in the second quarter. D.B. Root & Company LLC now owns 1,603 shares of the business services provider’s stock valued at $367,000 after purchasing an additional 47 shares during the last quarter. Finally, InTrack Investment Management Inc grew its stake in Waste Management by 0.8% in the second quarter. InTrack Investment Management Inc now owns 5,856 shares of the business services provider’s stock valued at $1,340,000 after purchasing an additional 49 shares during the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Waste Management Stock Performance

Shares of WM opened at $226.33 on Thursday. The company has a debt-to-equity ratio of 2.36, a quick ratio of 0.80 and a current ratio of 0.84. The stock has a 50-day moving average of $216.96 and a two-hundred day moving average of $219.14. The stock has a market cap of $91.18 billion, a P/E ratio of 35.64, a P/E/G ratio of 2.48 and a beta of 0.59. Waste Management, Inc. has a one year low of $194.11 and a one year high of $242.58.

Waste Management (NYSE:WM) last announced its quarterly earnings data on Monday, October 27th. The business services provider reported $1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.01 by ($0.03). Waste Management had a return on equity of 33.00% and a net margin of 10.35%.The firm had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.51 billion. During the same quarter in the previous year, the business earned $1.96 earnings per share. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. As a group, research analysts predict that Waste Management, Inc. will post 7.7 EPS for the current year.

Waste Management Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were issued a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, December 5th. Waste Management’s dividend payout ratio is presently 51.97%.

Insiders Place Their Bets

In other Waste Management news, SVP Rafael Carrasco sold 1,380 shares of Waste Management stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $217.06, for a total transaction of $299,542.80. Following the completion of the transaction, the senior vice president owned 15,540 shares in the company, valued at approximately $3,373,112.40. This trade represents a 8.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.18% of the company’s stock.

Trending Headlines about Waste Management

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

• Positive Sentiment: Analyst/credit view — Coverage pieces argue WM has the cash flow and operating stability to handle its leverage, which reduces medium-term risk from its elevated debt-to-equity ratio. Read More.
• Positive Sentiment: Technical/order-flow boost — A Power Inflow trading signal at $222.60 triggered buying interest and pushed WM to an intraday high, a short-term bullish indicator that may attract momentum traders. Read More.
• Neutral Sentiment: Sell-side positioning — Barclays trimmed its price target slightly (reported reductions around $266→$265) but kept an Overweight stance, suggesting belief in upside remains among some analysts. Read More.
• Neutral Sentiment: Analyst notes roundup — Recent analyst commentaries and sector reports reiterate WM’s steady, defensive profile; useful for context but not immediately market-moving by themselves. Read More.
• Neutral Sentiment: Peer/quarterly benchmarking — Sector recaps (e.g., Montrose) provide comparative context for WM’s Q3 trends but contained no major surprises that would force an immediate re-rating. Read More.
• Negative Sentiment: Price-target trims — Scotiabank reaffirmed a “sector perform” stance but lowered its price target (reported ~$254→$250), signaling reduced near-term upside in analyst estimates. Read More.
• Negative Sentiment: Earnings caution — Zacks flagged that WM lacks the setup for an earnings beat in the upcoming report, which could mute momentum if results or guidance disappoint. Read More.

Analyst Ratings Changes

A number of research firms have recently weighed in on WM. Stifel Nicolaus lowered their price target on shares of Waste Management from $252.00 to $236.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Truist Financial set a $260.00 price target on shares of Waste Management in a report on Wednesday, October 29th. Citigroup decreased their price objective on Waste Management from $270.00 to $263.00 and set a “buy” rating for the company in a report on Friday, January 16th. Oppenheimer raised their price objective on Waste Management from $262.00 to $263.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. Finally, UBS Group raised Waste Management from a “neutral” rating to a “buy” rating and upped their target price for the company from $225.00 to $260.00 in a research report on Friday, January 9th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $250.23.

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.