Phoenix Financial Ltd. Sells 2,228 Shares of Waste Management, Inc. $WM

Phoenix Financial Ltd. trimmed its position in Waste Management, Inc. (NYSE:WM) by 47.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,429 shares of the business services provider’s stock after selling 2,228 shares during the period. Phoenix Financial Ltd.’s holdings in Waste Management were worth $536,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cornercap Investment Counsel Inc. bought a new stake in shares of Waste Management in the 3rd quarter valued at approximately $1,583,000. Wealthfront Advisers LLC raised its holdings in Waste Management by 3.1% during the 2nd quarter. Wealthfront Advisers LLC now owns 57,093 shares of the business services provider’s stock valued at $13,064,000 after buying an additional 1,698 shares during the period. GPM Growth Investors Inc. lifted its position in Waste Management by 50.6% in the second quarter. GPM Growth Investors Inc. now owns 16,640 shares of the business services provider’s stock worth $3,808,000 after buying an additional 5,588 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in Waste Management by 8.1% during the third quarter. Apollon Wealth Management LLC now owns 95,804 shares of the business services provider’s stock worth $21,156,000 after buying an additional 7,143 shares during the period. Finally, Truist Financial Corp increased its position in Waste Management by 62.9% during the second quarter. Truist Financial Corp now owns 268,033 shares of the business services provider’s stock valued at $61,331,000 after acquiring an additional 103,487 shares during the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Waste Management Trading Up 0.0%

WM opened at $231.40 on Thursday. The company has a quick ratio of 0.80, a current ratio of 0.84 and a debt-to-equity ratio of 2.36. The stock’s fifty day moving average is $219.02 and its two-hundred day moving average is $219.29. The company has a market capitalization of $93.22 billion, a P/E ratio of 36.44, a PEG ratio of 2.59 and a beta of 0.59. Waste Management, Inc. has a 52 week low of $194.11 and a 52 week high of $242.58.

Waste Management (NYSE:WM) last posted its quarterly earnings results 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 firm had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.39 billion. Waste Management had a return on equity of 33.00% and a net margin of 10.35%.Waste Management’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.70 EPS. Analysts forecast that Waste Management, Inc. will post 7.7 earnings per share for the current year.

Waste Management Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.4%. Waste Management’s dividend payout ratio (DPR) is 51.97%.

Analyst Ratings Changes

Several research firms have recently issued reports on WM. Truist Financial set a $260.00 price target on shares of Waste Management in a research note on Wednesday, October 29th. TD Cowen restated a “buy” rating on shares of Waste Management in a research report on Wednesday, October 29th. The Goldman Sachs Group started coverage on Waste Management in a report on Monday, November 24th. They issued a “buy” rating and a $256.00 price target on the stock. Citigroup dropped 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. Finally, Royal Bank Of Canada cut their price objective on Waste Management from $234.00 to $223.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 29th. Two investment 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, Waste Management presently has an average rating of “Moderate Buy” and a consensus target price of $251.19.

More Waste Management News

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

• Positive Sentiment: Solid operating and cash‑flow trends: revenue rose ~7% YoY and WM posted double‑digit increases in gross and operating profit and higher cash from operations, supporting the long‑term growth story. Read More.
• Positive Sentiment: Analyst appetite and upside to consensus: multiple recent buy/overweight ratings and a median price target around $255 suggest buy‑side support into any post‑earnings weakness. Read More.
• Positive Sentiment: Shareholder actions and insider activity bolster confidence: recent dividend and buyback increases have helped sentiment, and there was at least one insider purchase noted. Read More.
• Neutral Sentiment: FY‑2026 revenue guidance roughly in line with expectations: company set revenue guidance at about $26.4–$26.6B but did not provide a clear EPS target in the release, leaving some forecasting work for analysts. Read More.
• Neutral Sentiment: Weather disruption is a short‑term operational headwind but also a stress test of network resilience — may affect near‑term volumes and collections timing rather than long‑term demand. Read More.
• Negative Sentiment: Earnings and revenue missed consensus: Q4 EPS of $1.93 missed the Zacks/consensus of ~$1.95 and revenue of ~$6.31B fell short of estimates, which pressured the shares after the print. Read More.
• Negative Sentiment: Some balance‑sheet / cash items drew attention: reported cash & equivalents declined materially year‑over‑year and different data feeds showed varying EPS comparisons, adding uncertainty to near‑term sentiment and prompting some selling. Read More.

Insider Activity at Waste Management

In other news, SVP Rafael Carrasco sold 1,380 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $217.06, for a total value of $299,542.80. Following the completion of the sale, the senior vice president owned 15,540 shares of the company’s stock, valued at approximately $3,373,112.40. This represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.18% of the company’s stock.

Waste Management 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.