Waste Connections, Inc. $WCN Shares Sold by Shell Asset Management Co.

Shell Asset Management Co. reduced its position in Waste Connections, Inc. (NYSE:WCN) by 38.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,291 shares of the business services provider’s stock after selling 8,931 shares during the period. Shell Asset Management Co.’s holdings in Waste Connections were worth $2,512,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of WCN. Asset Dedication LLC bought a new stake in shares of Waste Connections in the second quarter worth $28,000. Greykasell Wealth Strategies Inc. raised its holdings in shares of Waste Connections by 555.2% during the third quarter. Greykasell Wealth Strategies Inc. now owns 190 shares of the business services provider’s stock valued at $33,000 after buying an additional 161 shares during the last quarter. AlphaCore Capital LLC bought a new position in Waste Connections in the 2nd quarter valued at about $39,000. Caldwell Trust Co acquired a new stake in shares of Waste Connections in the second quarter valued at $49,000. Finally, TD Private Client Wealth LLC boosted its position in shares of Waste Connections by 479.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 336 shares of the business services provider’s stock valued at $59,000 after purchasing an additional 278 shares during the period. Hedge funds and other institutional investors own 86.09% of the company’s stock.

Waste Connections Trading Up 1.8%

Waste Connections stock opened at $160.41 on Friday. The business has a 50 day moving average price of $170.75 and a two-hundred day moving average price of $174.54. The company has a quick ratio of 0.67, a current ratio of 0.62 and a debt-to-equity ratio of 1.07. Waste Connections, Inc. has a 12 month low of $155.65 and a 12 month high of $201.66. The stock has a market cap of $41.01 billion, a price-to-earnings ratio of 38.47, a price-to-earnings-growth ratio of 2.92 and a beta of 0.62.

Waste Connections (NYSE:WCN) last released its quarterly earnings data on Wednesday, February 11th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.01. The firm had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.37 billion. Waste Connections had a return on equity of 16.25% and a net margin of 11.37%.The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.16 earnings per share. As a group, equities analysts forecast that Waste Connections, Inc. will post 5.28 EPS for the current year.

Waste Connections Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Wednesday, February 25th will be issued a dividend of $0.35 per share. The ex-dividend date is Wednesday, February 25th. This represents a $1.40 dividend on an annualized basis and a yield of 0.9%. Waste Connections’s payout ratio is currently 33.57%.

Analyst Upgrades and Downgrades

WCN has been the topic of several research reports. JPMorgan Chase & Co. dropped their price objective on shares of Waste Connections from $220.00 to $210.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 14th. UBS Group set a $205.00 price target on Waste Connections in a research note on Monday, January 5th. Wells Fargo & Company initiated coverage on shares of Waste Connections in a research report on Thursday, November 13th. They set an “overweight” rating and a $186.00 price objective on the stock. Canadian Imperial Bank of Commerce set a $208.00 price target on shares of Waste Connections in a research note on Thursday, January 8th. Finally, The Goldman Sachs Group started coverage on shares of Waste Connections in a research note on Monday, November 24th. They issued a “buy” rating and a $202.00 price objective for the company. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $204.20.

Waste Connections News Summary

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

• Positive Sentiment: Company raised FY‑2026 revenue guidance to roughly $9.9B–$9.95B and cited AI-driven efficiency plus acquisition synergies as drivers of margin improvement — a key fundamental reason investors are bullish on forward growth and margins. Waste Connections targets $9.9B–$9.95B 2026 revenue as AI and acquisition gains bolster margin outlook
• Positive Sentiment: Q4 EPS beat estimates ($1.29 vs $1.28) and EPS rose year‑over‑year; management highlighted margin expansion and efficiency initiatives on the earnings call — supports the stock’s upward move. Waste Connections Posts Strong Q4 Results, Raises 2026 Outlook
• Positive Sentiment: Board declared a quarterly cash dividend of $0.35 (ex‑dividend Feb 25), which supports income investors and adds to shareholder return credibility.
• Neutral Sentiment: Revenue was effectively in line/slightly below consensus ($2.35B reported vs. $2.37B expected) — mixed top‑line print offsets the small EPS beat and tempers the bullish case. Waste Connections (WCN) Q4 Earnings and Revenues Beat Estimates
• Neutral Sentiment: Analyses and deep dives highlight margin expansion and operational efficiency initiatives; useful context for modeling but largely qualitative until converted into sustained margin outperformance. WCN Q4 Deep Dive: Margin Expansion and Efficiency Initiatives Amid Market Pressures
• Neutral Sentiment: Valuation write‑ups are revisiting WCN after recent share‑price weakness — watch valuation multiples and how analysts adjust long‑term EPS assumptions. A Look At Waste Connections (WCN) Valuation After Recent Share Price Weakness
• Negative Sentiment: TD Cowen trimmed its price target from $210 to $200 (but kept a Buy rating) — a downward revision that signals some analyst caution on near‑term upside/valuation even as the team remains constructive. Benzinga

Waste Connections Company Profile

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.

The company’s operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.