Capital Planning Advisors LLC Trims Stake in Waste Connections, Inc. $WCN

Capital Planning Advisors LLC lowered its holdings in Waste Connections, Inc. (NYSE:WCN) by 17.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,423 shares of the business services provider’s stock after selling 6,162 shares during the quarter. Capital Planning Advisors LLC’s holdings in Waste Connections were worth $5,173,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Lido Advisors LLC raised its stake in Waste Connections by 2.1% in the second quarter. Lido Advisors LLC now owns 2,949 shares of the business services provider’s stock valued at $551,000 after purchasing an additional 61 shares in the last quarter. Legacy Wealth Asset Management LLC raised its position in shares of Waste Connections by 0.8% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 7,895 shares of the business services provider’s stock valued at $1,388,000 after buying an additional 61 shares in the last quarter. Valeo Financial Advisors LLC raised its position in shares of Waste Connections by 1.6% during the 2nd quarter. Valeo Financial Advisors LLC now owns 4,052 shares of the business services provider’s stock valued at $757,000 after buying an additional 63 shares in the last quarter. Parr Mcknight Wealth Management Group LLC lifted its holdings in shares of Waste Connections by 1.1% during the 2nd quarter. Parr Mcknight Wealth Management Group LLC now owns 6,853 shares of the business services provider’s stock worth $1,280,000 after acquiring an additional 72 shares during the last quarter. Finally, Atria Investments Inc grew its position in Waste Connections by 1.0% in the second quarter. Atria Investments Inc now owns 8,016 shares of the business services provider’s stock worth $1,497,000 after acquiring an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 86.09% of the company’s stock.

Waste Connections News Roundup

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

• Positive Sentiment: Company raised FY‑2026 revenue guidance to roughly $9.9B–$9.95B and cited AI-driven efficiency plus acquisition synergies as drivers of margin improvement — a key fundamental reason investors are bullish on forward growth and margins. Waste Connections targets $9.9B–$9.95B 2026 revenue as AI and acquisition gains bolster margin outlook
• Positive Sentiment: Q4 EPS beat estimates ($1.29 vs $1.28) and EPS rose year‑over‑year; management highlighted margin expansion and efficiency initiatives on the earnings call — supports the stock’s upward move. Waste Connections Posts Strong Q4 Results, Raises 2026 Outlook
• Positive Sentiment: Board declared a quarterly cash dividend of $0.35 (ex‑dividend Feb 25), which supports income investors and adds to shareholder return credibility.
• Neutral Sentiment: Revenue was effectively in line/slightly below consensus ($2.35B reported vs. $2.37B expected) — mixed top‑line print offsets the small EPS beat and tempers the bullish case. Waste Connections (WCN) Q4 Earnings and Revenues Beat Estimates
• Neutral Sentiment: Analyses and deep dives highlight margin expansion and operational efficiency initiatives; useful context for modeling but largely qualitative until converted into sustained margin outperformance. WCN Q4 Deep Dive: Margin Expansion and Efficiency Initiatives Amid Market Pressures
• Neutral Sentiment: Valuation write‑ups are revisiting WCN after recent share‑price weakness — watch valuation multiples and how analysts adjust long‑term EPS assumptions. A Look At Waste Connections (WCN) Valuation After Recent Share Price Weakness
• Negative Sentiment: TD Cowen trimmed its price target from $210 to $200 (but kept a Buy rating) — a downward revision that signals some analyst caution on near‑term upside/valuation even as the team remains constructive. Benzinga

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. TD Cowen lowered their price target on Waste Connections from $210.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday. Scotiabank set a $197.00 price objective on Waste Connections and gave the company a “sector outperform” rating in a research report on Friday. Stifel Nicolaus set a $213.00 target price on Waste Connections and gave the stock a “buy” rating in a research report on Friday. Morgan Stanley set a $205.00 price target on shares of Waste Connections and gave the stock an “overweight” rating in a research note on Friday. Finally, The Goldman Sachs Group began coverage on shares of Waste Connections in a report on Monday, November 24th. They issued a “buy” rating and a $202.00 price objective for the company. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Waste Connections has a consensus rating of “Buy” and an average target price of $204.20.

Waste Connections Price Performance

Shares of Waste Connections stock opened at $160.41 on Monday. The stock has a market capitalization of $41.01 billion, a P/E ratio of 38.47, a price-to-earnings-growth ratio of 2.84 and a beta of 0.62. Waste Connections, Inc. has a one year low of $155.65 and a one year high of $201.66. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.62 and a quick ratio of 0.62. The business’s 50 day simple moving average is $170.75 and its two-hundred day simple moving average is $174.43.

Waste Connections (NYSE:WCN) last issued its earnings results on Wednesday, February 11th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.01. Waste Connections had a net margin of 11.37% and a return on equity of 16.25%. The firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter last year, the business earned $1.16 earnings per share. The business’s revenue was up 5.0% on a year-over-year basis. Analysts forecast that Waste Connections, Inc. will post 5.28 EPS for the current year.

Waste Connections Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Wednesday, February 25th will be given a $0.35 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.9%. Waste Connections’s payout ratio is presently 33.57%.

Waste Connections Profile

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.

The company’s operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.