Johnson Varkey Sells 121 Shares of Waste Management (NYSE:WM) Stock

Posted by Tyrone Williams on Mar 12th, 2026

Waste Management, Inc. (NYSE:WM – Get Free Report) SVP Johnson Varkey sold 121 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $245.27, for a total value of $29,677.67. Following the transaction, the senior vice president directly owned 9,293 shares of the company’s stock, valued at approximately $2,279,294.11. The trade was a 1.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Johnson Varkey also recently made the following trade(s):

On Tuesday, March 3rd, Johnson Varkey sold 617 shares of Waste Management stock. The stock was sold at an average price of $244.13, for a total value of $150,628.21.
On Friday, January 30th, Johnson Varkey sold 428 shares of Waste Management stock. The shares were sold at an average price of $219.63, for a total transaction of $94,001.64.

Waste Management Stock Performance

NYSE:WM opened at $236.30 on Thursday. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.85 and a current ratio of 0.89. The stock’s fifty day moving average is $229.03 and its 200 day moving average is $220.16. The firm has a market capitalization of $95.31 billion, a PE ratio of 35.27, a PEG ratio of 2.49 and a beta of 0.57. Waste Management, Inc. has a fifty-two week low of $194.11 and a fifty-two week high of $248.13.

Waste Management (NYSE:WM – Get Free Report) last issued 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 business 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 32.45% and a net margin of 10.74%.Waste Management’s revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.70 earnings per share. On average, sell-side analysts anticipate that Waste Management, Inc. will post 7.7 earnings per share for the current year.

Waste Management Increases Dividend

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

More Waste Management News

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

Positive Sentiment: IBD upgraded WM’s relative strength rating, highlighting a price breakout that can attract momentum buyers and short-term flows. This Waste Management Giant Breaks Out, Keeps Rising, Gets Stock Rating Upgrade
Positive Sentiment: Waste Management raised its quarterly dividend to $0.945 (payable Mar 27; record/ex-dividend Mar 13), which supports income-oriented investors and signals healthy cash generation. Waste Management MarketBeat profile
Positive Sentiment: Several analysts have recently raised price targets or reiterated Buy/Outperform views, leaving the consensus target above the current price and providing fundamental support. Analyst coverage and target changes
Neutral Sentiment: Featured coverage (e.g., Motley Fool) frames WM as a defensive, buy-and-hold industrial/income name — supportive for long-term holders but not a short‑term catalyst. 1 Magnificent Industrial Stock to Buy and Hold Forever
Neutral Sentiment: Industry presentations on longer-term opportunities (e.g., nuclear waste/disposal technologies) may matter to future growth but are not immediate drivers of the share price. Deep Isolation presentation at Waste Management 2026
Negative Sentiment: Material insider selling by senior executives (COO John J. Morris and other officers reported multi‑thousand share sales) is creating short‑term selling pressure and investor concern about timing/intent. Top Waste Management Executive Quietly Cashes In on a Major Stock Sale
Negative Sentiment: WM’s most recent quarter slightly missed EPS and revenue estimates, and the stock suffered an outsized one-day drop recently — factors that likely amplified intraday volatility and profit-taking after the multiyear run. Waste Management (WM) Suffers a Larger Drop Than the General Market

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. DZ Bank started coverage on Waste Management in a research report on Tuesday, November 25th. They set a “buy” rating and a $250.00 target price on the stock. Barclays lowered their target price on shares of Waste Management from $266.00 to $265.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Sanford C. Bernstein lifted their price objective on shares of Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a research note on Monday, January 5th. The Goldman Sachs Group began coverage on Waste Management in a research report on Monday, November 24th. They issued a “buy” rating and a $256.00 target price on the stock. Finally, Morgan Stanley lowered their price target on Waste Management from $232.00 to $230.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Waste Management presently has a consensus rating of “Moderate Buy” and a consensus target price of $253.55.

Check Out Our Latest Stock Report on WM

Hedge Funds Weigh In On Waste Management

Institutional investors and hedge funds have recently modified their holdings of the stock. Green Ridge Wealth Planning LLC purchased a new position in shares of Waste Management during the 4th quarter valued at approximately $427,000. PeakShares LLC acquired a new position in shares of Waste Management during the 4th quarter worth approximately $1,031,000. Corient Private Wealth LLC grew its holdings in Waste Management by 12.2% in the 4th quarter. Corient Private Wealth LLC now owns 318,619 shares of the business services provider’s stock valued at $70,019,000 after buying an additional 34,750 shares in the last quarter. Union Savings Bank acquired a new stake in Waste Management during the fourth quarter worth about $38,000. Finally, Hsbc Holdings PLC increased its holdings in shares of Waste Management by 8.3% during the 4th quarter. Hsbc Holdings PLC now owns 881,326 shares of the business services provider’s stock worth $193,799,000 after buying an additional 67,470 shares during the last quarter. Institutional investors and hedge funds own 80.40% of the company’s stock.

Waste Management Company Profile

(Get Free Report)

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.