Reynders McVeigh Capital Management LLC Lowers Stock Holdings in Waste Management, Inc. $WM

Reynders McVeigh Capital Management LLC trimmed its holdings in shares of Waste Management, Inc. (NYSE:WM) by 3.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 111,478 shares of the business services provider’s stock after selling 3,589 shares during the period. Waste Management makes up approximately 1.1% of Reynders McVeigh Capital Management LLC’s holdings, making the stock its 27th largest position. Reynders McVeigh Capital Management LLC’s holdings in Waste Management were worth $24,493,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in WM. Elevated Capital Advisors LLC purchased a new position in shares of Waste Management during the fourth quarter valued at approximately $25,000. Cornerstone Planning Group LLC lifted its holdings in shares of Waste Management by 101.5% during the third quarter. Cornerstone Planning Group LLC now owns 133 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 67 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Waste Management during the third quarter valued at approximately $30,000. Kelleher Financial Advisors purchased a new position in shares of Waste Management during the fourth quarter valued at approximately $31,000. Finally, Holos Integrated Wealth LLC purchased a new position in shares of Waste Management during the fourth quarter valued at approximately $40,000. 80.40% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Waste Management news, VP Donald J. Smith sold 12,194 shares of Waste Management stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $233.48, for a total value of $2,847,055.12. Following the completion of the sale, the vice president owned 6,024 shares of the company’s stock, valued at approximately $1,406,483.52. The trade was a 66.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Michael J. Watson sold 17,251 shares of Waste Management stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $241.81, for a total transaction of $4,171,464.31. Following the completion of the sale, the vice president directly owned 44,146 shares of the company’s stock, valued at approximately $10,674,944.26. This trade represents a 28.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,616 shares of company stock worth $21,849,115 in the last 90 days. Insiders own 0.18% of the company’s stock.

Waste Management News Roundup

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

• Positive Sentiment: Analyst boosts from high-conviction firms — TD Cowen raised its price target to $275 and keeps a buy rating, and Barclays lifted its target to $270 with an overweight rating. Those upgrades signal analyst confidence and imply double‑digit upside from current levels. TD Cowen raise Barclays raise
• Positive Sentiment: Zacks highlights WM as a strong growth stock based on style scores and fundamentals — a positive signal for growth-oriented investors and fund flows. Zacks article
• Neutral Sentiment: Modest price target increase from RBC to $240 with a “sector perform” rating — supportive but conservative, reflecting limited near-term conviction (small upside). RBC note
• Neutral Sentiment: Market research on multi-layer film recycling forecasts strong long‑term growth (9.2% CAGR to 2035), which supports waste/recycling industry tailwinds but is unlikely to move WM stock immediately. Market report
• Neutral Sentiment: Benzinga summary: analysts revised forecasts after WM’s Q1 (EPS beat, revenue miss). The mixed nature of results leaves room for differing analyst actions and contributes to intra-day volatility. Analyst revisions
• Negative Sentiment: Wells Fargo trimmed its price target from $273 to $268 (still overweight) — a downward tweak that reduces near-term upside expectations. Wells Fargo trim
• Negative Sentiment: Peer strength: Waste Connections (WCN) reported beat-and-raise style results and noted liquidity considerations, highlighting competitive momentum in the sector that could put pressure on WM’s market-share narrative. Investors may reallocate toward peers showing stronger near-term top-line momentum. WCN article

Waste Management Price Performance

Shares of NYSE WM opened at $228.81 on Monday. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $248.13. The firm has a market cap of $91.88 billion, a P/E ratio of 33.11, a PEG ratio of 2.38 and a beta of 0.49. The company has a 50 day moving average of $232.31 and a 200 day moving average of $222.74. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 2.22.

Waste Management (NYSE:WM) last posted its earnings results on Tuesday, April 28th. The business services provider reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.06. Waste Management had a net margin of 10.99% and a return on equity of 31.90%. The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the previous year, the firm posted $1.67 EPS. The firm’s revenue was up 3.5% on a year-over-year basis. As a group, research analysts expect that Waste Management, Inc. will post 8.18 EPS for the current fiscal year.

Waste Management Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a $0.945 dividend. This is a boost from Waste Management’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.78 dividend on an annualized basis and a yield of 1.7%. Waste Management’s payout ratio is presently 54.70%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company lowered their target price on shares of Waste Management from $273.00 to $268.00 and set an “overweight” rating for the company in a report on Thursday. Barclays boosted their price objective on shares of Waste Management from $266.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday. Sanford C. Bernstein boosted their price objective on shares of Waste Management from $255.00 to $260.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. Wolfe Research started coverage on shares of Waste Management in a report on Friday, March 13th. They issued a “peer perform” rating for the company. Finally, Weiss Ratings upgraded shares of Waste Management from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $255.67.

Waste Management 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.