Rep. Rick Larsen Purchases Shares of Waste Management, Inc. (NYSE:WM)

Representative Rick Larsen (D-Washington) recently bought shares of Waste Management, Inc. (NYSE:WM). In a filing disclosed on January 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Waste Management stock on January 7th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Verisk Analytics (NASDAQ:VRSK) on 1/7/2026.
• Purchased $1,001 – $15,000 in shares of Darden Restaurants (NYSE:DRI) on 1/7/2026.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/7/2026.
• Sold $1,001 – $15,000 in shares of Mondelez International (NASDAQ:MDLZ) on 1/7/2026.
• Sold $1,001 – $15,000 in shares of Essex Property Trust (NYSE:ESS) on 1/7/2026.

Waste Management Price Performance

Shares of NYSE:WM opened at $219.74 on Friday. The firm has a market capitalization of $88.53 billion, a price-to-earnings ratio of 34.61, a PEG ratio of 2.45 and a beta of 0.59. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $242.58. The stock’s 50 day moving average is $215.35 and its 200-day moving average is $219.31. The company has a quick ratio of 0.80, a current ratio of 0.84 and a debt-to-equity ratio of 2.36.

Waste Management (NYSE:WM) last posted its quarterly earnings data on Monday, October 27th. The business services provider reported $1.98 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.03). Waste Management had a net margin of 10.35% and a return on equity of 33.00%. The firm had revenue of $6.44 billion during the quarter, compared to analysts’ expectations of $6.51 billion. During the same quarter in the previous year, the company posted $1.96 EPS. Waste Management’s revenue for the quarter was up 14.9% on a year-over-year basis. Sell-side analysts forecast that Waste Management, Inc. will post 7.7 EPS for the current fiscal year.

Waste Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were paid a $0.825 dividend. The ex-dividend date was Friday, December 5th. This represents a $3.30 annualized dividend and a dividend yield of 1.5%. Waste Management’s payout ratio is currently 51.97%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. CIBC lowered their price objective on shares of Waste Management from $235.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Stifel Nicolaus dropped their target price on Waste Management from $252.00 to $236.00 and set a “buy” rating on the stock in a research note on Wednesday, October 29th. Truist Financial set a $260.00 price target on shares of Waste Management in a report on Wednesday, October 29th. Robert W. Baird upgraded shares of Waste Management from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $238.00 to $242.00 in a research report on Tuesday, November 4th. Finally, Morgan Stanley lowered their price objective on Waste Management from $232.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Waste Management has an average rating of “Moderate Buy” and a consensus target price of $250.77.

Insider Activity

In other Waste Management news, SVP Rafael Carrasco sold 1,380 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $217.06, for a total transaction of $299,542.80. Following the transaction, the senior vice president owned 15,540 shares of the company’s stock, valued at $3,373,112.40. This represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.18% of the stock is owned by company insiders.

Institutional Trading of Waste Management

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Waste Management by 2.1% during the third quarter. Vanguard Group Inc. now owns 38,436,462 shares of the business services provider’s stock worth $8,487,924,000 after buying an additional 774,255 shares during the period. Geode Capital Management LLC grew its holdings in shares of Waste Management by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 8,647,146 shares of the business services provider’s stock worth $1,972,856,000 after acquiring an additional 126,329 shares during the period. Ameriprise Financial Inc. increased its stake in Waste Management by 5.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 5,668,221 shares of the business services provider’s stock valued at $1,250,613,000 after purchasing an additional 277,250 shares in the last quarter. Norges Bank acquired a new position in Waste Management during the second quarter worth $1,064,206,000. Finally, Northern Trust Corp boosted its position in Waste Management by 0.3% during the third quarter. Northern Trust Corp now owns 3,954,519 shares of the business services provider’s stock worth $873,276,000 after purchasing an additional 11,688 shares in the last quarter. Institutional investors and hedge funds own 80.40% of the company’s stock.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

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.