Rep. Julie Johnson Sells Off Shares of Waste Management, Inc. (NYSE:WM)

Posted by Mitch Edgeman on May 18th, 2025

Representative Julie Johnson (D-Texas) recently sold shares of Waste Management, Inc. (NYSE:WM). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Waste Management stock on April 7th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Waste Management Stock Up 0.8%

Shares of NYSE WM opened at $229.76 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.76 and a debt-to-equity ratio of 2.73. Waste Management, Inc. has a 52 week low of $196.59 and a 52 week high of $239.32. The firm’s fifty day moving average is $228.33 and its 200 day moving average is $221.63. The company has a market cap of $92.46 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 2.71 and a beta of 0.67.

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, topping the consensus estimate of $1.59 by $0.08. Waste Management had a net margin of 12.45% and a return on equity of 37.93%. The company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $6.14 billion. During the same period in the previous year, the firm earned $1.75 earnings per share. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. On average, equities research analysts expect that Waste Management, Inc. will post 7.7 earnings per share for the current year.

Waste Management Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be paid a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Friday, June 6th. Waste Management’s payout ratio is 49.77%.

Hedge Funds Weigh In On Waste Management

Hedge funds have recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC boosted its stake in 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 purchasing an additional 2,127 shares in the last quarter. Blue Trust Inc. lifted its stake in Waste Management by 32.3% during the 4th quarter. Blue Trust Inc. now owns 7,365 shares of the business services provider’s stock valued at $1,529,000 after acquiring an additional 1,798 shares during the period. Czech National Bank lifted its stake in Waste Management by 6.4% during the 4th quarter. Czech National Bank now owns 79,192 shares of the business services provider’s stock valued at $15,980,000 after acquiring an additional 4,798 shares during the period. Banque Pictet & Cie SA lifted its stake in Waste Management by 0.6% during 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 acquiring an additional 11,940 shares during the period. Finally, Fiduciary Alliance LLC lifted its stake in Waste Management by 322.5% during the 4th quarter. Fiduciary Alliance LLC now owns 8,407 shares of the business services provider’s stock valued at $1,696,000 after acquiring an additional 6,417 shares during the period. Institutional investors own 80.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WM shares. StockNews.com raised shares of Waste Management from a “hold” rating to a “buy” rating in a research report on Tuesday, April 29th. William Blair reissued an “outperform” rating on shares of Waste Management in a research report on Tuesday, April 29th. UBS Group boosted their price objective on shares of Waste Management from $240.00 to $250.00 and gave the company a “neutral” rating in a research report on Wednesday, April 30th. CIBC boosted their price objective on shares of Waste Management from $227.00 to $247.00 and gave the company a “neutral” rating in a research report on Wednesday, March 5th. Finally, Royal Bank of Canada boosted their price objective on shares of Waste Management from $227.00 to $229.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 30th. Nine investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $243.29.

Check Out Our Latest Stock Analysis on Waste Management

Insider Buying and Selling at Waste Management

In other news, VP Michael J. Watson sold 5,732 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $227.51, for a total transaction of $1,304,087.32. Following the completion of the sale, the vice president now owns 55,587 shares of the company’s stock, valued at $12,646,598.37. This represents a 9.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Johnson Varkey sold 124 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $234.96, for a total transaction of $29,135.04. Following the sale, the senior vice president now directly owns 8,491 shares of the company’s stock, valued at $1,995,045.36. The trade was a 1.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 79,522 shares of company stock worth $18,084,124. Company insiders own 0.18% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Waste Management Company Profile

(Get Free Report)

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.