Several analysts have recently updated their ratings and price targets for Waste Management (NYSE: WM):
- 5/6/2025 – Waste Management was upgraded by analysts at Seaport Res Ptn to a “hold” rating.
- 5/1/2025 – Waste Management had its price target raised by analysts at Citigroup Inc. from $260.00 to $271.00. They now have a “buy” rating on the stock.
- 4/30/2025 – Waste Management had its price target raised by analysts at Royal Bank of Canada from $227.00 to $229.00. They now have a “sector perform” rating on the stock.
- 4/30/2025 – Waste Management had its price target raised by analysts at UBS Group AG from $240.00 to $250.00. They now have a “neutral” rating on the stock.
- 4/30/2025 – Waste Management had its price target raised by analysts at Robert W. Baird from $235.00 to $245.00. They now have a “neutral” rating on the stock.
- 4/29/2025 – Waste Management had its “outperform” rating reaffirmed by analysts at William Blair.
- 4/29/2025 – Waste Management was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
- 4/25/2025 – Waste Management was upgraded by analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating.
- 4/25/2025 – Waste Management was upgraded by analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating. They now have a $265.00 price target on the stock, up previously from $210.00.
- 4/11/2025 – Waste Management had its price target raised by analysts at UBS Group AG from $230.00 to $240.00. They now have a “neutral” rating on the stock.
- 4/8/2025 – Waste Management had its price target raised by analysts at Scotiabank from $255.00 to $260.00. They now have a “sector outperform” rating on the stock.
Waste Management Stock Up 2.4%
Shares of NYSE WM opened at $227.76 on Friday. Waste Management, Inc. has a 12-month low of $196.59 and a 12-month high of $239.32. The company has a quick ratio of 0.85, a current ratio of 0.76 and a debt-to-equity ratio of 2.73. The firm has a market cap of $91.65 billion, a PE ratio of 33.49, a P/E/G ratio of 2.71 and a beta of 0.67. The company’s fifty day simple moving average is $228.22 and its 200 day simple moving average is $221.51.
Waste Management (NYSE:WM – Get Free Report) last issued its earnings results on Monday, April 28th. The business services provider reported $1.67 EPS for the quarter, beating the consensus estimate of $1.59 by $0.08. Waste Management had a return on equity of 37.93% and a net margin of 12.45%. The company had revenue of $6.02 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same period last year, the business posted $1.75 EPS. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Waste Management, Inc. will post 7.7 earnings per share for the current fiscal year.
Waste Management Dividend Announcement
Insider Buying and Selling at Waste Management
In other Waste Management news, SVP Johnson Varkey sold 124 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $234.96, for a total transaction of $29,135.04. Following the transaction, the senior vice president now directly owns 8,491 shares in the company, valued at approximately $1,995,045.36. This trade represents a 1.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Devina A. Rankin sold 4,126 shares of Waste Management stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $228.11, for a total transaction of $941,181.86. Following the transaction, the chief financial officer now directly owns 62,639 shares in the company, valued at $14,288,582.29. This represents a 6.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 79,522 shares of company stock worth $18,084,124. 0.18% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC boosted its stake in shares of Waste Management by 0.8% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 278,185 shares of the business services provider’s stock worth $56,135,000 after buying an additional 2,127 shares during the last quarter. Blue Trust Inc. boosted its position in Waste Management by 32.3% in the fourth quarter. Blue Trust Inc. now owns 7,365 shares of the business services provider’s stock worth $1,529,000 after purchasing an additional 1,798 shares during the last quarter. Banque Pictet & Cie SA grew its stake in Waste Management by 0.6% in the 4th quarter. Banque Pictet & Cie SA now owns 1,869,190 shares of the business services provider’s stock valued at $377,184,000 after purchasing an additional 11,940 shares during the period. Foster Group Inc. purchased a new stake in shares of Waste Management during the 4th quarter valued at $256,000. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Waste Management by 3.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 278,890 shares of the business services provider’s stock worth $55,929,000 after purchasing an additional 8,914 shares during the period. 80.40% of the stock is owned by institutional investors.
Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.
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