Waste Management (NYSE:WM) Price Target Raised to $283.00

Waste Management (NYSE:WM) had its target price raised by Barclays from $277.00 to $283.00 in a report issued on Thursday morning,Benzinga reports. The firm currently has an overweight rating on the business services provider’s stock.

Other research analysts have also recently issued reports about the stock. Royal Bank Of Canada upped their price target on shares of Waste Management from $240.00 to $244.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. UBS Group reiterated an “outperform” rating on shares of Waste Management in a report on Thursday. Morgan Stanley lowered their price objective on shares of Waste Management from $230.00 to $220.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Canadian Imperial Bank of Commerce dropped their target price on shares of Waste Management from $250.00 to $225.00 and set a “neutral” rating on the stock in a research note on Thursday, October 8th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Waste Management from $270.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday, October 8th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $257.89.

Waste Management Price Performance

WM opened at $233.33 on Thursday. The business has a fifty day moving average of $217.85 and a 200 day moving average of $225.13. Waste Management has a 52-week low of $194.11 and a 52-week high of $248.13. The company has a quick ratio of 0.87, a current ratio of 0.82 and a debt-to-equity ratio of 2.21. The stock has a market cap of $92.78 billion, a P/E ratio of 30.62, a PEG ratio of 3.02 and a beta of 0.42.

Waste Management (NYSE:WM) last released its earnings results on Tuesday, October 27th. The business services provider reported $2.15 earnings per share for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.03). Waste Management had a return on equity of 31.97% and a net margin of 11.78%. The business had revenue of $6.85 billion during the quarter, compared to analysts’ expectations of $6.81 billion. During the same quarter in the previous year, the business earned $1.98 EPS. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Waste Management will post 8.06 EPS for the current year.

Waste Management Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were issued a $0.9450 dividend. This represents a $3.78 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Friday, September 11th. Waste Management’s payout ratio is presently 49.61%.

Insider Buying and Selling at Waste Management

In related news, CAO John Carroll sold 1,365 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $219.90, for a total value of $300,163.50. Following the completion of the sale, the chief accounting officer directly owned 3,509 shares of the company’s stock, valued at $771,629.10. This represents a 28.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.18% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Pathway Financial Advisers LLC increased its holdings in Waste Management by 0.3% during the third quarter. Pathway Financial Advisers LLC now owns 15,484 shares of the business services provider’s stock valued at $3,158,000 after buying an additional 50 shares during the period. Bfsg LLC lifted its holdings in Waste Management by 0.3% during the third quarter. Bfsg LLC now owns 16,399 shares of the business services provider’s stock worth $3,344,000 after buying an additional 45 shares during the period. Northeast Investment Management lifted its holdings in Waste Management by 1.5% during the third quarter. Northeast Investment Management now owns 141,560 shares of the business services provider’s stock worth $28,867,000 after buying an additional 2,108 shares during the period. Ascent Group LLC boosted its position in Waste Management by 2.7% during the 3rd quarter. Ascent Group LLC now owns 21,775 shares of the business services provider’s stock valued at $4,440,000 after acquiring an additional 575 shares in the last quarter. Finally, Signet Investment Advisory Group Inc. boosted its position in Waste Management by 3.9% during the 3rd quarter. Signet Investment Advisory Group Inc. now owns 23,479 shares of the business services provider’s stock valued at $4,788,000 after acquiring an additional 889 shares in the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

More Waste Management News

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

• Positive Sentiment: Waste Management maintained its 2026 outlook and guided revenue and free cash flow toward the high ends of its ranges, reassuring investors that growth remains on track. Waste Management Could Be 9% Undervalued After High End Guidance Reaffirmed
• Positive Sentiment: The healthcare business was a major growth driver, with operating EBITDA reportedly rising 33% year over year. Nine-month free cash flow also increased more than 42%, supporting capital returns and the company’s buyback program. WM Q3 Earnings Call Highlights Healthcare Gains and Volume Pressure
• Positive Sentiment: Analysts raised their targets, including JPMorgan to $260 and Barclays to $283, while retaining overweight ratings. These revisions imply additional upside and reflect confidence in WM’s defensive cash flows and outlook. JPMorgan Waste Management Ratings
• Neutral Sentiment: The upcoming CEO transition is attracting investor attention. Continuity in strategy and execution could support the stock, but leadership changes introduce uncertainty until further details are provided. Waste Management Earnings Call Signals Resilient Growth
• Negative Sentiment: Slowing waste volumes and higher fuel costs are pressuring margins. Earlier reports that WM shares gapped lower and broke below the 200-day moving average reflected the market’s initial disappointment with earnings and operational trends. WM Q3 Earnings Call Highlights
• Negative Sentiment: Income investors face a longer-term risk: although WM has raised its dividend annually since 2009, persistent volume weakness could constrain future increases. The stock also trades at a relatively premium earnings multiple. Can Waste Management Keep Raising Its Dividend for Decades?

About Waste Management

Waste Management, Inc, doing business as WM (NYSE:WM), is an environmental services company that provides waste collection, transportation, disposal, recycling and resource-recovery services. The company serves residential, commercial, industrial and municipal customers through a network of collection operations, transfer stations, landfills, recycling facilities and other environmental infrastructure.

WM’s services include curbside and commercial waste collection, construction and demolition debris management, recycling, organics processing and landfill disposal.