Waste Management, Inc. $WM Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Waste Management, Inc. (NYSE:WM) by 19.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,287 shares of the business services provider’s stock after buying an additional 11,135 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Waste Management were worth $15,301,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in WM. Loomis Sayles & Co. L P acquired a new position in shares of Waste Management in the 2nd quarter valued at $40,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Waste Management during the third quarter worth about $41,000. Wealth Watch Advisors INC acquired a new position in Waste Management during the 2nd quarter worth approximately $43,000. Halbert Hargrove Global Advisors LLC grew its holdings in Waste Management by 47.0% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 244 shares of the business services provider’s stock worth $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 2nd quarter worth $58,000. 80.40% of the stock is owned by hedge funds and other institutional investors.

Waste Management News Roundup

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

• Positive Sentiment: Multiple broker upgrades/price-target raises signal analyst confidence and create upside expectations — notable lifts include TD Cowen raising its target to $270 (Buy), Oppenheimer to $264 (Outperform), Wells Fargo to $250 (Overweight), Stifel to $252 (Buy) and RBC to $235 (Sector Perform). These raises help underpin demand and longer-term upside.
• Positive Sentiment: MarketBeat piece argues WM is in a trend-following rally, supported by widening margins, accelerating free cash flow and a resumed buyback plan — factors that can sustain share-price appreciation. Waste Management’s “Boring” Business Is Powering a Quiet Rally
• Positive Sentiment: Dividend and buyback tailwinds: WM raised its dividend and signaled intent to resume repurchases (guidance assumes ~$2B in buybacks), improving shareholder-return prospects and offsetting share-based dilution over time. (Referenced in MarketBeat coverage.)
• Neutral Sentiment: Industry report notes long-term demand in specialized waste markets (solid control drilling waste mgmt. forecast to 2035) — a potential structural tailwind but only indirectly tied to WM’s near-term earnings. Solid Control Drilling Waste Management Market Size
• Neutral Sentiment: Full Q4 earnings call transcript is available for investors wanting detail on segment performance and management commentary; useful for parsing how sustainable margin and cash-flow commentary is. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 results missed expectations on both EPS ($1.93 vs. ~$1.95 est.) and revenue (came up short of estimates). The miss pressured the stock as it undercut near-term growth/beat expectations that had supported the rally. Waste Management Stock Falls After Disappointing Q4 Results
• Negative Sentiment: Guidance was slightly below Street expectations (revenue/growth assumptions modest), leaving room for disappointment if execution slips — this is the primary catalyst for short-term downside risk.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WM shares. Oppenheimer lifted their price target on shares of Waste Management from $263.00 to $264.00 and gave the company an “outperform” rating in a research report on Friday. Wells Fargo & Company lifted their price target on Waste Management from $246.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday. DZ Bank started 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 on the stock. Royal Bank Of Canada increased their price objective on Waste Management from $223.00 to $235.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, Scotiabank reissued a “sector perform” rating and issued a $250.00 target price (down previously from $254.00) on shares of Waste Management in a research note on Wednesday, January 21st. Two investment 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 stock. According to data from MarketBeat, Waste Management presently has an average rating of “Moderate Buy” and a consensus price target of $253.55.

Insiders Place Their Bets

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

Waste Management Price Performance

WM opened at $222.17 on Friday. The stock has a market capitalization of $89.51 billion, a PE ratio of 33.16, a P/E/G ratio of 2.51 and a beta of 0.59. The company’s 50 day simple moving average is $219.25 and its 200 day simple moving average is $219.27. Waste Management, Inc. has a 1 year low of $194.11 and a 1 year high of $242.58. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.80 and a current ratio of 0.89.

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

Waste Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given a dividend of $0.825 per share. 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 payout ratio is 49.25%.

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.