Insider Selling: Waste Management (NYSE:WM) CFO Sells 75 Shares of Stock

Waste Management, Inc. (NYSE:WM) CFO David Reed sold 75 shares of Waste Management stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $245.26, for a total transaction of $18,394.50. Following the completion of the transaction, the chief financial officer owned 8,495 shares of the company’s stock, valued at $2,083,483.70. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Waste Management Price Performance

WM stock traded down $11.30 during midday trading on Tuesday, reaching $235.21. 2,654,698 shares of the company’s stock traded hands, compared to its average volume of 2,395,214. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 2.22. The company has a market cap of $94.87 billion, a price-to-earnings ratio of 35.11, a PEG ratio of 2.60 and a beta of 0.57. The company has a 50-day simple moving average of $228.43 and a two-hundred day simple moving average of $219.99. Waste Management, Inc. has a 1-year low of $194.11 and a 1-year high of $248.13.

Waste Management (NYSE:WM) last announced its earnings results on Wednesday, January 28th. The business services provider reported $1.93 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.02). The business had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.39 billion. Waste Management had a net margin of 10.74% and a return on equity of 32.45%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.70 earnings per share. On average, analysts anticipate that Waste Management, Inc. will post 7.7 earnings per share for the current year.

Waste Management Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.945 per share. This represents a $3.78 annualized dividend and a dividend yield of 1.6%. This is an increase from Waste Management’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Friday, March 13th. Waste Management’s payout ratio is currently 49.25%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on WM shares. UBS Group upgraded Waste Management from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $225.00 to $260.00 in a research report on Friday, January 9th. Wells Fargo & Company lifted their price target on shares of Waste Management from $246.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Morgan Stanley reduced their price objective on shares of Waste Management from $232.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Sanford C. Bernstein raised their price target on Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Finally, DZ Bank assumed coverage on Waste Management in a report on Tuesday, November 25th. They issued a “buy” rating and a $250.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $253.55.

More Waste Management News

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

• Positive Sentiment: Company raised its quarterly dividend to $0.945 (annualized $3.78), increasing yield and returning cash to shareholders — a supportive signal for income-focused investors. Dividend Increase Article
• Positive Sentiment: Multiple brokerages have raised price targets and maintained buy/outperform views (e.g., Stifel, TD Cowen, Oppenheimer), supporting medium-term analyst sentiment and valuations. Analyst Coverage
• Neutral Sentiment: Waste Management executives and partners will participate in industry events (e.g., Deep Isolation presentations at Waste Management 2026), highlighting strategy around advanced waste solutions but with limited immediate financial impact. Deep Isolation Event
• Neutral Sentiment: Company announced updates to executive performance-based compensation programs — worth monitoring for governance implications but not an immediate earnings driver. Compensation Update
• Negative Sentiment: Significant insider selling by multiple senior officers this week — notably COO John Morris (large block sales reported, including ~7,979 shares on Mar 6 and additional filings on Mar 9) and other senior execs — which investors often view as a bearish signal and can pressure the stock. Insider Sales Alert
• Negative Sentiment: Waste Management missed consensus in its most recent quarter (EPS and revenue slightly below expectations), which reduces near-term margin for upside absent stronger operational beats. (Q4 results announced Jan. 28 — referenced in company filings and coverage.)

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Elevated Capital Advisors LLC acquired a new stake in shares of Waste Management during the fourth quarter worth about $25,000. Cornerstone Planning Group LLC lifted its stake in Waste Management by 101.5% in the third quarter. Cornerstone Planning Group LLC now owns 133 shares of the business services provider’s stock valued at $29,000 after buying an additional 67 shares in the last quarter. RHL Group LLC acquired a new position in shares of Waste Management in the fourth quarter valued at approximately $29,000. Financial Network Wealth Advisors LLC raised its holdings in shares of Waste Management by 55.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock worth $29,000 after acquiring an additional 47 shares during the period. Finally, Mcguire Capital Advisors Inc. bought a new stake in Waste Management in the 4th quarter valued at $29,000. 80.40% of the stock is currently owned by institutional investors.

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.