Waste Management, Inc. $WM Shares Purchased by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP raised its stake in shares of Waste Management, Inc. (NYSE:WM) by 42.5% during the second quarter, HoldingsChannel reports. The fund owned 18,969 shares of the business services provider’s stock after acquiring an additional 5,657 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in Waste Management were worth $4,228,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Elevated Capital Advisors LLC bought a new position in shares of Waste Management during the fourth quarter worth about $25,000. Financial Network Wealth Advisors LLC increased its holdings in Waste Management by 55.3% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock valued at $29,000 after buying an additional 47 shares during the last quarter. RHL Group LLC bought a new stake in Waste Management in the fourth quarter valued at about $29,000. Mcguire Capital Advisors Inc. acquired a new stake in Waste Management during the fourth quarter valued at approximately $29,000. Finally, JPL Wealth Management LLC bought a new position in Waste Management during the 3rd quarter worth approximately $30,000. Institutional investors own 80.40% of the company’s stock.

Waste Management News Roundup

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

• Positive Sentiment: Stronger margins, pricing actions and cash flow are helping Waste Management offset pressure from softer collection volumes and support continued earnings growth. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Positive Sentiment: Technology-driven efficiency initiatives, contributions from the Stericycle acquisition and dependable dividend payments provide potential long-term growth and shareholder-return support. Here’s Why Investors Must Hold WM Stock in Their Portfolios Now
• Positive Sentiment: WM’s underperformance relative to the broader market may attract investors seeking a potentially favorable entry point in a defensive, cash-generating waste-services company. Waste Management (WM) Fell Behind the Rally. Is It an Opportunity?
• Neutral Sentiment: Industry trends point to ongoing equipment innovation, but the broad waste-management equipment market discussion offers limited new information specific to WM’s near-term results. Waste Management Equipment Market Future Trends and Innovations
• Negative Sentiment: Waste Management lowered its 2026 revenue outlook because of weaker volumes, increasing concern that margin gains may not fully compensate for slower underlying demand. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Negative Sentiment: WM’s elevated valuation leaves less room for execution problems, while substantial debt and weak liquidity could constrain financial flexibility and amplify downside risk. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?

Analysts Set New Price Targets

WM has been the subject of a number of research analyst reports. Wells Fargo & Company lowered their price target on Waste Management from $273.00 to $268.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Citigroup raised their price objective on Waste Management from $263.00 to $269.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Weiss Ratings upgraded shares of Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 7th. UBS Group increased their target price on shares of Waste Management from $265.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Finally, TD Cowen raised their price target on shares of Waste Management from $270.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Thirteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.89.

Waste Management Stock Up 0.2%

Shares of Waste Management stock opened at $224.73 on Friday. The stock has a market capitalization of $89.83 billion, a price-to-earnings ratio of 31.83, a PEG ratio of 2.75 and a beta of 0.44. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $248.13. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 2.24. The business’s 50 day simple moving average is $227.62 and its 200-day simple moving average is $227.88.

Waste Management (NYSE:WM) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.04. Waste Management had a return on equity of 31.68% and a net margin of 11.11%.The business had revenue of $6.68 billion during the quarter, compared to analyst estimates of $6.71 billion. During the same quarter in the previous year, the firm posted $1.92 EPS. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. Equities research analysts forecast that Waste Management, Inc. will post 8.14 earnings per share for the current year.

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.