First Fiduciary Investment Counsel Inc. Buys 4,565 Shares of Waste Management, Inc. $WM

First Fiduciary Investment Counsel Inc. increased its stake in shares of Waste Management, Inc. (NYSE:WM) by 7.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 64,447 shares of the business services provider’s stock after acquiring an additional 4,565 shares during the quarter. Waste Management comprises about 2.8% of First Fiduciary Investment Counsel Inc.’s portfolio, making the stock its 12th largest holding. First Fiduciary Investment Counsel Inc.’s holdings in Waste Management were worth $14,232,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Titleist Asset Management LLC lifted its stake in Waste Management by 122.4% in the 3rd quarter. Titleist Asset Management LLC now owns 10,228 shares of the business services provider’s stock worth $2,259,000 after purchasing an additional 5,629 shares in the last quarter. Portside Wealth Group LLC lifted its position in shares of Waste Management by 10.8% in the third quarter. Portside Wealth Group LLC now owns 4,152 shares of the business services provider’s stock worth $917,000 after buying an additional 404 shares in the last quarter. ABN AMRO Bank N.V. boosted its stake in Waste Management by 20,273.4% during the third quarter. ABN AMRO Bank N.V. now owns 198,029 shares of the business services provider’s stock valued at $43,363,000 after buying an additional 197,057 shares during the last quarter. HighPoint Advisor Group LLC grew its holdings in Waste Management by 6.4% during the 3rd quarter. HighPoint Advisor Group LLC now owns 50,569 shares of the business services provider’s stock valued at $11,167,000 after buying an additional 3,036 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased its stake in Waste Management by 43.1% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 35,920 shares of the business services provider’s stock worth $7,932,000 after acquiring an additional 10,814 shares during the last quarter. 80.40% of the stock is currently owned by institutional investors.

Insider Transactions at Waste Management

In related news, VP Donald J. Smith sold 690 shares of the firm’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $219.59, for a total value of $151,517.10. Following the transaction, the vice president owned 13,376 shares of the company’s stock, valued at $2,937,235.84. This trade represents a 4.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Tara J. Hemmer sold 690 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $219.71, for a total transaction of $151,599.90. Following the completion of the sale, the senior vice president directly owned 83,736 shares of the company’s stock, valued at approximately $18,397,636.56. This trade represents a 0.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 6,806 shares of company stock valued at $1,490,204. Company insiders own 0.18% of the company’s stock.

Waste Management Stock Performance

Waste Management stock opened at $226.44 on Thursday. Waste Management, Inc. has a 1-year low of $194.11 and a 1-year high of $242.58. The company’s 50-day moving average is $219.83 and its 200 day moving average is $219.19. The firm has a market capitalization of $91.23 billion, a P/E ratio of 33.80, a price-to-earnings-growth ratio of 2.38 and a beta of 0.58. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.89 and a quick ratio of 0.80.

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

Waste Management Announces Dividend

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

More Waste Management News

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

• Positive Sentiment: Analysts raised price targets and reiterated buy/overweight views, boosting investor confidence in WM’s medium‑term outlook; several published targets cited in recent coverage range into the mid‑$200s. Waste Management (NYSE:WM) Price Target Raised to $270.00
• Positive Sentiment: Earnings‑call highlights emphasize healthy cash flow, margin resilience and growth in renewable natural gas (RNG) initiatives — operational drivers that support earnings upgrades and the higher targets. Waste Management Earnings Call Highlights Cash, Margins, RNG
• Neutral Sentiment: High‑visibility sponsorships and events (WM Phoenix Open) are generating media attention and brand exposure; useful for marketing but unlikely to move fundamentals materially. What Waste Management Phoenix Open is doing differently for 2026
• Neutral Sentiment: Operational work such as winter‑storm collection recovery in Jackson underscores steady municipal and service demand but is routine for WM’s service footprint. City of Jackson, Waste Management to begin winter storm trash collection recovery efforts
• Negative Sentiment: A cluster of insider sales (multiple executives and senior VPs disclosed small single‑day sales on Jan. 30) could be perceived negatively by some investors even though the transactions look like routine monetizations and only trimmed stakes modestly. Representative SEC disclosure. SEC Filing — Johnson Varkey Sale

Analysts Set New Price Targets

A number of research analysts have recently commented on WM shares. DZ Bank initiated coverage on Waste Management in a research report on Tuesday, November 25th. They set a “buy” rating and a $250.00 target price for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Waste Management in a research report on Monday, December 29th. Wells Fargo & Company boosted their target price on shares of Waste Management from $246.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Scotiabank reaffirmed a “sector perform” rating and issued a $250.00 price target (down previously from $254.00) on shares of Waste Management in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group initiated coverage on Waste Management in a research report on Monday, November 24th. They issued a “buy” rating and a $256.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $253.55.

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.