2,391 Shares in Waste Management, Inc. $WM Acquired by Belleair Asset Management LLC

Belleair Asset Management LLC bought a new position in shares of Waste Management, Inc. (NYSE:WM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,391 shares of the business services provider’s stock, valued at approximately $525,000.

Other large investors have also recently added to or reduced their stakes in the company. Lockheed Martin Investment Management Co. acquired a new stake in shares of Waste Management during the third quarter worth approximately $3,092,000. Guerra Advisors Inc increased its holdings in shares of Waste Management by 59.5% during the third quarter. Guerra Advisors Inc now owns 9,037 shares of the business services provider’s stock worth $1,996,000 after buying an additional 3,371 shares in the last quarter. Capital Advisors Inc. OK increased its holdings in shares of Waste Management by 2.0% in the fourth quarter. Capital Advisors Inc. OK now owns 196,585 shares of the business services provider’s stock valued at $43,192,000 after purchasing an additional 3,880 shares in the last quarter. Compass Wealth Management LLC increased its holdings in shares of Waste Management by 537.0% in the third quarter. Compass Wealth Management LLC now owns 95,721 shares of the business services provider’s stock valued at $21,138,000 after purchasing an additional 80,695 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Waste Management by 19.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 69,287 shares of the business services provider’s stock valued at $15,301,000 after purchasing an additional 11,135 shares in the last quarter. 80.40% of the stock is currently owned by institutional investors.

Key Stories Impacting Waste Management

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

• Positive Sentiment: Q1 earnings: EPS beat expectations and margins/EBITDA improved as pricing, cost actions and sustainability investments offset volume headwinds — supports upside to profit outlook. Article Title
• Positive Sentiment: Analyst bullishness: TD Cowen raised its price target to $275 and maintained a buy rating, signaling strong upside potential and likely contributing to buying interest. Article Title
• Positive Sentiment: Analyst bullishness: Barclays raised its target to $270 and kept an overweight rating, adding institutional support for the stock. Article Title
• Positive Sentiment: Margin / sustainability coverage: Industry reporting highlights WM’s margin expansion and credits recycling and sustainability investments for helping offset lower collection volumes. Article Title
• Neutral Sentiment: RBC raised its price target modestly to $240 but kept a “sector perform” rating — a small endorsement but not a strong buy signal. Article Title Article Title
• Neutral Sentiment: FY2026 guidance: Company updated its fiscal-year guidance with revenue in a $26.4–$26.6B range (roughly in line with consensus), offering limited surprise to estimates.
• Neutral Sentiment: Industry trend: A market report projects growth in multi-layer film recycling through 2035, a potential long-term tailwind for recycling-related services but not an immediate earnings driver. Article Title
• Negative Sentiment: Softer volumes and revenue miss: Revenues were slightly below estimates and collection volumes fell, which caps near-term top-line growth and prompted some cautious commentary. Article Title
• Negative Sentiment: Wells Fargo cut its price target from $273 to $268 (remains overweight) — a modest pullback in analyst enthusiasm that could temper upside. Article Title
• Positive Sentiment: Investor commentary: Recent pieces (e.g., Seeking Alpha) frame WM as a durable cash-generator and compounding business, which can support multiple expansion and long-term investor interest. Article Title

Insider Activity at Waste Management

In other news, SVP Tara J. Hemmer sold 4,818 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $241.83, for a total transaction of $1,165,136.94. Following the completion of the sale, the senior vice president owned 78,918 shares of the company’s stock, valued at approximately $19,084,739.94. This represents a 5.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO John J. Morris sold 4,211 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $243.38, for a total transaction of $1,024,873.18. Following the sale, the chief operating officer directly owned 99,929 shares of the company’s stock, valued at approximately $24,320,720.02. This trade represents a 4.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,616 shares of company stock worth $21,849,115 in the last 90 days. Corporate insiders own 0.18% of the company’s stock.

Waste Management Stock Performance

NYSE WM opened at $233.19 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.93 and a debt-to-equity ratio of 2.22. The company has a market capitalization of $93.95 billion, a P/E ratio of 33.75, a P/E/G ratio of 2.43 and a beta of 0.54. Waste Management, Inc. has a 12-month low of $194.11 and a 12-month high of $248.13. The firm has a 50-day moving average price of $232.31 and a two-hundred day moving average price of $222.67.

Waste Management (NYSE:WM) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. The firm had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.28 billion. Waste Management had a net margin of 10.99% and a return on equity of 31.90%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.67 EPS. Analysts anticipate that Waste Management, Inc. will post 8.14 earnings per share for the current year.

Waste Management Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were issued a dividend of $0.945 per share. This is a boost from Waste Management’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.78 dividend on an annualized basis and a dividend yield of 1.6%. Waste Management’s payout ratio is currently 54.70%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on WM shares. Barclays raised their price target on shares of Waste Management from $266.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday. Royal Bank Of Canada raised their price target on shares of Waste Management from $235.00 to $240.00 and gave the company a “sector perform” rating in a report on Thursday. JPMorgan Chase & Co. raised their price target on shares of Waste Management from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Friday, April 10th. Wolfe Research initiated coverage on shares of Waste Management in a research note on Friday, March 13th. They issued a “peer perform” rating on the stock. Finally, Sanford C. Bernstein raised their price objective on shares of Waste Management from $255.00 to $260.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $255.67.

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.