Waste Management, Inc. $WM Stock Position Lessened by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its stake in shares of Waste Management, Inc. (NYSE:WM) by 1.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 500,284 shares of the business services provider’s stock after selling 8,828 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Waste Management were worth $110,478,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Syntegra Private Wealth Group LLC raised its holdings in Waste Management by 2.0% during the second quarter. Syntegra Private Wealth Group LLC now owns 2,291 shares of the business services provider’s stock worth $524,000 after purchasing an additional 44 shares in the last quarter. Gladstone Institutional Advisory LLC raised its position in Waste Management by 1.3% in the third quarter. Gladstone Institutional Advisory LLC now owns 3,853 shares of the business services provider’s stock worth $851,000 after acquiring an additional 49 shares in the last quarter. Clean Yield Group lifted its holdings in Waste Management by 6.7% in the 3rd quarter. Clean Yield Group now owns 801 shares of the business services provider’s stock valued at $177,000 after acquiring an additional 50 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of Waste Management by 1.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,419 shares of the business services provider’s stock worth $1,011,000 after purchasing an additional 51 shares during the last quarter. Finally, Canton Hathaway LLC raised its holdings in shares of Waste Management by 0.5% in the 3rd quarter. Canton Hathaway LLC now owns 9,644 shares of the business services provider’s stock worth $2,130,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 80.40% of the company’s stock.

Waste Management Trading Up 1.3%

Shares of NYSE WM opened at $234.07 on Monday. The firm has a market capitalization of $94.41 billion, a PE ratio of 34.94, a PEG ratio of 2.48 and a beta of 0.58. Waste Management, Inc. has a one year low of $194.11 and a one year high of $242.58. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 2.22. The business has a 50-day moving average price of $221.94 and a two-hundred day moving average price of $219.17.

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

Wall Street Analyst Weigh In

WM has been the subject of a number of research reports. Stifel Nicolaus raised their target price on shares of Waste Management from $236.00 to $252.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Sanford C. Bernstein lifted their target price on Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. TD Cowen boosted their target price on Waste Management from $265.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Weiss Ratings upgraded Waste Management from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. Finally, Morgan Stanley reduced their price objective on shares of Waste Management from $232.00 to $230.00 and set an “equal weight” rating for the company in a research note 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. Based on data from MarketBeat.com, Waste Management has a consensus rating of “Moderate Buy” and an average target price of $253.55.

Insiders Place Their Bets

In other news, CEO James C. Fish, Jr. sold 30,390 shares of Waste Management stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $230.36, for a total transaction of $7,000,640.40. Following the completion of the sale, the chief executive officer directly owned 225,793 shares in the company, valued at $52,013,675.48. The trade was a 11.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Donald J. Smith sold 690 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $219.59, for a total value of $151,517.10. Following the completion of the sale, the vice president directly owned 13,376 shares of the company’s stock, valued at approximately $2,937,235.84. The trade was a 4.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 44,580 shares of company stock valued at $10,198,938 in the last three months. Company insiders own 0.18% of the company’s stock.

Trending Headlines about Waste Management

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

• Positive Sentiment: Independent valuation suggests WM is materially undervalued — a Yahoo Finance analysis estimates intrinsic value implying roughly a 22% upside versus the current price; that type of third‑party valuation can attract value-focused buyers. An Intrinsic Calculation For Waste Management, Inc. (NYSE:WM) Suggests It’s 22% Undervalued
• Positive Sentiment: Private‑equity M&A activity in the waste sector — Platinum Equity’s sale of Urbaser to Blackstone/EQT for $6.6B — highlights strong deal appetite and could re‑rate sector multiples if buyers pay premiums for scale and stable cash flows. Platinum Equity to sell waste management firm Urbaser to Blackstone, EQT for $6.6 billion
• Neutral Sentiment: Recent quarterly results showed revenue growth but a slight EPS miss vs. consensus (reported $1.93 vs. $1.95) and mixed analyst moves; consensus remains a Moderate Buy with a mid‑$250s price target—supportive longer‑term but not a catalyst by itself. MarketBeat coverage summarizing earnings and analyst commentary
• Negative Sentiment: Significant insider selling by senior executives — recent filings show the CEO sold multi‑million dollars of stock (reports: ~$1.32M and ~$7.00M) — which can spook some investors even when sales are pre‑planned or for diversification. Waste Management (NYSE:WM) CEO Sells $1,317,344.22 in Stock Waste Management (NYSE:WM) CEO Sells $7,000,640.40 in Stock
• Negative Sentiment: Additional insider disposals include CAO John Carroll selling 1,021 shares (SEC filing) and another director sale; smaller on an absolute basis but contributes to near‑term negative optics. John Carroll Sells 1,021 Shares of Waste Management (NYSE:WM) Stock James Fish, Jr. Sells 657 Shares of Waste Management (NYSE:WM) Stock

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.