World Equity Group Inc. Has $844,000 Holdings in Waste Management, Inc. $WM

World Equity Group Inc. boosted its position in Waste Management, Inc. (NYSE:WM) by 222.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,673 shares of the business services provider’s stock after buying an additional 2,534 shares during the period. World Equity Group Inc.’s holdings in Waste Management were worth $844,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Elevated Capital Advisors LLC bought a new stake in shares of Waste Management during the 4th quarter valued at about $25,000. Financial Network Wealth Advisors LLC increased its holdings in Waste Management by 55.3% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock worth $29,000 after purchasing an additional 47 shares in the last quarter. RHL Group LLC bought a new stake in Waste Management in the fourth quarter worth approximately $29,000. Mcguire Capital Advisors Inc. acquired a new position in Waste Management in the fourth quarter valued at approximately $29,000. Finally, JPL Wealth Management LLC bought a new position in shares of Waste Management during the 3rd quarter worth approximately $30,000. 80.40% of the stock is currently owned by institutional investors and hedge funds.

Waste Management Trading Down 1.1%

NYSE WM opened at $239.50 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 2.22. Waste Management, Inc. has a 52 week low of $194.11 and a 52 week high of $248.13. The business has a 50 day moving average price of $222.20 and a 200-day moving average price of $226.50. The company has a market cap of $96.18 billion, a price-to-earnings ratio of 34.66, a P/E/G ratio of 2.91 and a beta of 0.44.

Waste Management (NYSE:WM) last issued its earnings results on Tuesday, April 28th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $6.28 billion. During the same period last year, the business earned $1.67 EPS. Waste Management’s quarterly revenue was up 3.5% compared to the same quarter last year. As a group, equities analysts expect that Waste Management, Inc. will post 8.16 earnings per share for the current fiscal year.

Waste Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were paid a $0.945 dividend. This represents a $3.78 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, June 5th. Waste Management’s dividend payout ratio (DPR) is 54.70%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Scotiabank lifted their price objective on shares of Waste Management from $250.00 to $260.00 and gave the company a “sector perform” rating in a research note on Thursday. Wells Fargo & Company cut their target price on shares of Waste Management from $273.00 to $268.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Robert W. Baird raised their price target on shares of Waste Management from $248.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Royal Bank Of Canada lifted their price target on shares of Waste Management from $235.00 to $240.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Finally, Canadian Imperial Bank of Commerce raised shares of Waste Management from a “hold” rating to an “outperformer” rating and set a $244.00 price objective on the stock in a research report on Tuesday, July 7th. Sixteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $256.70.

Key Headlines Impacting Waste Management

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

• Positive Sentiment: Scotiabank raised Waste Management’s price target to $260 from $250, suggesting continued upside potential despite maintaining a “sector perform” view.
• Positive Sentiment: Analyst commentary highlighted WM’s strong waste collection network, pricing power, and acquisition strategy as supports for growth and margins.
• Neutral Sentiment: Erste Group Bank trimmed its FY2026 EPS estimate to $8.16 from $8.17, a very small revision that matches the current consensus estimate.
• Neutral Sentiment: Erste Group also nudged FY2027 EPS down to $9.20 from $9.23, another modest cut that does not materially change the long-term earnings outlook.
• Negative Sentiment: Analyst notes pointed to WM’s high debt load and slower stock momentum as ongoing concerns that could weigh on investor sentiment.

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.