Summit Global Investments Sells 6,903 Shares of Waste Management, Inc. $WM

Summit Global Investments lowered its stake in Waste Management, Inc. (NYSE:WM) by 24.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,816 shares of the business services provider’s stock after selling 6,903 shares during the quarter. Summit Global Investments’ holdings in Waste Management were worth $4,597,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Loomis Sayles & Co. L P bought a new stake in Waste Management in the second quarter valued at $40,000. Steigerwald Gordon & Koch Inc. acquired a new position in Waste Management during the 3rd quarter worth approximately $41,000. Wealth Watch Advisors INC bought a new position in Waste Management in the second quarter worth approximately $43,000. Halbert Hargrove Global Advisors LLC grew its stake in Waste Management by 47.0% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 244 shares of the business services provider’s stock valued at $54,000 after acquiring an additional 78 shares during the period. Finally, Gladwyn Financial Advisors Inc. acquired a new position in shares of Waste Management during the second quarter worth approximately $58,000. 80.40% of the stock is owned by institutional investors.

Key Stories Impacting Waste Management

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

• Positive Sentiment: Analyst support: TD Cowen maintained a Buy on WM and set a $270 price target, signaling continued bullish analyst conviction despite the recent miss. Buy Rating on Waste Management
• Positive Sentiment: Capital returns resumed: WM raised the dividend (~14% announced) and signaled intent to resume buybacks (company commentary and press release), supporting medium‑term shareholder return expectations and offsetting some earnings concerns. WM Announces Fourth Quarter and Full-Year 2025 Earnings
• Positive Sentiment: Longer‑term fundamentals intact: commentary from market coverage highlights steady revenue growth, margin expansion and an expected pickup in free cash flow that underpins buybacks/dividends and supports upside over time. Waste Management (WM) MarketBeat Coverage
• Neutral Sentiment: Full Q4 call transcript posted — useful for detail: the earnings call transcript is available for investors who want management’s explanation of misses, cost trends, and the healthcare segment outlook. WM Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst/consensus backdrop: A strong analyst base remains (median price target ~$255), so short‑term volatility may be seen as a buying opportunity by some institutions. QuiverQuant: WM stock falls on Q4 2025 Earnings
• Negative Sentiment: Earnings and revenue misses: Q4 revenue (~$6.31B) and EPS (miss vs. consensus) came in below Street expectations — the immediate catalyst for the share pullback as investors mark down near‑term growth/beat risk. Waste Management Stock Falls After Disappointing Q4 Results
• Negative Sentiment: Guidance and expectations: FY‑2026 revenue/growth guidance was roughly in line-to-slightly below consensus, leaving room for downside if volumes or pricing soften. That tempered the relief investors might have expected from margin/FCF commentary. WM Earnings Miss Estimates in Q4
• Negative Sentiment: Operational disruption: A winter storm caused service interruptions in parts of the network, a near‑term operational headwind that could pressure weekly volumes and sentiment. Winter Storm Disrupts WM Service And Tests Long Term Investment Story

Insider Activity

In other news, SVP Rafael Carrasco sold 1,380 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $217.06, for a total transaction of $299,542.80. Following the transaction, the senior vice president owned 15,540 shares of the company’s stock, valued at $3,373,112.40. This represents a 8.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. DZ Bank began coverage on shares of Waste Management in a research report on Tuesday, November 25th. They issued a “buy” rating and a $250.00 price target for the company. Citigroup decreased their target price on shares of Waste Management from $270.00 to $263.00 and set a “buy” rating for the company in a research report on Friday, January 16th. Barclays dropped their price target on shares of Waste Management from $266.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Waste Management in a research report on Monday, December 29th. Finally, Morgan Stanley lowered their target price on shares of Waste Management from $232.00 to $230.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Waste Management presently has a consensus rating of “Moderate Buy” and an average target price of $251.19.

Waste Management Price Performance

WM opened at $223.02 on Friday. The firm has a market cap of $89.85 billion, a P/E ratio of 33.29, a PEG ratio of 2.60 and a beta of 0.59. The company has a debt-to-equity ratio of 2.36, a quick ratio of 0.80 and a current ratio of 0.84. Waste Management, Inc. has a fifty-two week low of $194.11 and a fifty-two week high of $242.58. The firm has a 50-day moving average of $219.14 and a 200 day moving average of $219.32.

Waste Management (NYSE:WM) last released 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). Waste Management had a net margin of 10.74% and a return on equity of 33.22%. The company had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.39 billion. During the same quarter in the previous year, the firm earned $1.70 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year. On average, research analysts expect that Waste Management, Inc. will post 7.7 EPS for the current year.

Waste Management Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, December 5th. Waste Management’s dividend payout ratio (DPR) is currently 49.25%.

Waste Management Company Profile

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.