Phoenix Financial Ltd. Sells 2,228 Shares of Waste Management, Inc. $WM

Phoenix Financial Ltd. reduced its stake in shares of Waste Management, Inc. (NYSE:WM) by 47.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,429 shares of the business services provider’s stock after selling 2,228 shares during the quarter. Phoenix Financial Ltd.’s holdings in Waste Management were worth $536,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in WM. Loomis Sayles & Co. L P purchased a new stake in shares of Waste Management during the second quarter valued at about $40,000. Steigerwald Gordon & Koch Inc. purchased a new stake in Waste Management during the third quarter valued at approximately $41,000. Wealth Watch Advisors INC acquired a new stake in Waste Management in the second quarter valued at approximately $43,000. Halbert Hargrove Global Advisors LLC grew its holdings in Waste Management by 47.0% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 244 shares of the business services provider’s stock worth $54,000 after purchasing an additional 78 shares during the last quarter. Finally, Gladwyn Financial Advisors Inc. acquired a new position in shares of Waste Management during the second quarter worth $58,000. 80.40% of the stock is currently owned by institutional investors.

Waste Management Price Performance

Shares of NYSE:WM opened at $231.40 on Thursday. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $242.58. The company has a current ratio of 0.84, a quick ratio of 0.80 and a debt-to-equity ratio of 2.36. The company has a market cap of $93.22 billion, a PE ratio of 36.44, a price-to-earnings-growth ratio of 2.59 and a beta of 0.59. The company’s 50 day moving average is $219.02 and its 200 day moving average is $219.29.

Waste Management (NYSE:WM) last released its quarterly earnings data on Wednesday, January 28th. The business services provider reported $1.93 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.02). The business had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.39 billion. Waste Management had a net margin of 10.35% and a return on equity of 33.00%. The firm’s revenue was up 7.1% on a year-over-year basis. During the same period last year, the company earned $1.70 earnings per share. On average, sell-side analysts forecast that Waste Management, Inc. will post 7.7 EPS for the current year.

Waste Management Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were given a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, December 5th. Waste Management’s dividend payout ratio (DPR) is currently 51.97%.

Insider Buying and Selling at Waste Management

In other news, SVP Rafael Carrasco sold 1,380 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $217.06, for a total value of $299,542.80. Following the completion of the transaction, the senior vice president owned 15,540 shares of the company’s stock, valued at $3,373,112.40. The trade was a 8.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.18% of the company’s stock.

Trending Headlines about Waste Management

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

• Positive Sentiment: Solid operating and cash?flow trends: revenue rose ~7% YoY and WM posted double?digit increases in gross and operating profit and higher cash from operations, supporting the long?term growth story. Read More.
• Positive Sentiment: Analyst appetite and upside to consensus: multiple recent buy/overweight ratings and a median price target around $255 suggest buy?side support into any post?earnings weakness. Read More.
• Positive Sentiment: Shareholder actions and insider activity bolster confidence: recent dividend and buyback increases have helped sentiment, and there was at least one insider purchase noted. Read More.
• Neutral Sentiment: FY?2026 revenue guidance roughly in line with expectations: company set revenue guidance at about $26.4–$26.6B but did not provide a clear EPS target in the release, leaving some forecasting work for analysts. Read More.
• Neutral Sentiment: Weather disruption is a short?term operational headwind but also a stress test of network resilience — may affect near?term volumes and collections timing rather than long?term demand. Read More.
• Negative Sentiment: Earnings and revenue missed consensus: Q4 EPS of $1.93 missed the Zacks/consensus of ~$1.95 and revenue of ~$6.31B fell short of estimates, which pressured the shares after the print. Read More.
• Negative Sentiment: Some balance?sheet / cash items drew attention: reported cash & equivalents declined materially year?over?year and different data feeds showed varying EPS comparisons, adding uncertainty to near?term sentiment and prompting some selling. Read More.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Oppenheimer raised their price objective on Waste Management from $262.00 to $263.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. Truist Financial set a $260.00 price target on Waste Management in a report on Wednesday, October 29th. Royal Bank Of Canada decreased their price objective on shares of Waste Management from $234.00 to $223.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 29th. Citigroup dropped their target price on shares of Waste Management from $270.00 to $263.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. Finally, The Goldman Sachs Group began coverage on shares of Waste Management in a report on Monday, November 24th. They issued a “buy” rating and a $256.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Waste Management has an average rating of “Moderate Buy” and a consensus target price of $251.19.

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.