Y Intercept Hong Kong Ltd Has $1.29 Million Holdings in Waste Management, Inc. $WM

Y Intercept Hong Kong Ltd cut its position in Waste Management, Inc. (NYSE:WM) by 80.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,855 shares of the business services provider’s stock after selling 23,612 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Waste Management were worth $1,293,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Loomis Sayles & Co. L P acquired a new position in shares of Waste Management during the 2nd quarter worth about $40,000. Steigerwald Gordon & Koch Inc. bought a new position in Waste Management during the third quarter worth about $41,000. Wealth Watch Advisors INC acquired a new position in Waste Management during the second quarter worth approximately $43,000. Halbert Hargrove Global Advisors LLC raised its stake 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 valued at $54,000 after buying an additional 78 shares during the period. Finally, Gladwyn Financial Advisors Inc. bought a new position in shares of Waste Management during the 2nd quarter worth approximately $58,000. Institutional investors and hedge funds own 80.40% of the company’s stock.

Waste Management News Summary

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

• Positive Sentiment: Multiple broker upgrades/price-target raises signal analyst confidence and create upside expectations — notable lifts include TD Cowen raising its target to $270 (Buy), Oppenheimer to $264 (Outperform), Wells Fargo to $250 (Overweight), Stifel to $252 (Buy) and RBC to $235 (Sector Perform). These raises help underpin demand and longer-term upside.
• Positive Sentiment: MarketBeat piece argues WM is in a trend-following rally, supported by widening margins, accelerating free cash flow and a resumed buyback plan — factors that can sustain share-price appreciation. Waste Management’s “Boring” Business Is Powering a Quiet Rally
• Positive Sentiment: Dividend and buyback tailwinds: WM raised its dividend and signaled intent to resume repurchases (guidance assumes ~$2B in buybacks), improving shareholder-return prospects and offsetting share-based dilution over time. (Referenced in MarketBeat coverage.)
• Neutral Sentiment: Industry report notes long-term demand in specialized waste markets (solid control drilling waste mgmt. forecast to 2035) — a potential structural tailwind but only indirectly tied to WM’s near-term earnings. Solid Control Drilling Waste Management Market Size
• Neutral Sentiment: Full Q4 earnings call transcript is available for investors wanting detail on segment performance and management commentary; useful for parsing how sustainable margin and cash-flow commentary is. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 results missed expectations on both EPS ($1.93 vs. ~$1.95 est.) and revenue (came up short of estimates). The miss pressured the stock as it undercut near-term growth/beat expectations that had supported the rally. Waste Management Stock Falls After Disappointing Q4 Results
• Negative Sentiment: Guidance was slightly below Street expectations (revenue/growth assumptions modest), leaving room for disappointment if execution slips — this is the primary catalyst for short-term downside risk.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on WM. Morgan Stanley dropped their price target on Waste Management from $232.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Robert W. Baird raised shares of Waste Management from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $238.00 to $242.00 in a research report on Tuesday, November 4th. DZ Bank assumed coverage on shares of Waste Management in a report on Tuesday, November 25th. They set a “buy” rating and a $250.00 target price for the company. TD Cowen increased their price target on shares of Waste Management from $265.00 to $270.00 and gave the company a “buy” rating in a report on Friday. Finally, Oppenheimer boosted their price objective on Waste Management from $263.00 to $264.00 and gave the stock an “outperform” rating in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Waste Management presently has a consensus rating of “Moderate Buy” and an average price target of $253.55.

Waste Management Trading Down 0.4%

Shares of WM stock opened at $222.17 on Friday. The stock has a 50 day simple moving average of $219.25 and a 200 day simple moving average of $219.22. The stock has a market cap of $89.51 billion, a P/E ratio of 33.16, a price-to-earnings-growth ratio of 2.51 and a beta of 0.59. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 2.22. Waste Management, Inc. has a 1 year low of $194.11 and a 1 year high of $242.58.

Waste Management (NYSE:WM) last issued its quarterly earnings results on Wednesday, January 28th. The business services provider reported $1.93 EPS for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.02). The company had revenue of $6.31 billion during the quarter, compared to the consensus estimate of $6.39 billion. Waste Management had a return on equity of 32.45% and a net margin of 10.74%.The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.70 EPS. On average, research analysts predict that Waste Management, Inc. will post 7.7 earnings per share for the current fiscal year.

Waste Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, December 5th. Waste Management’s dividend payout ratio (DPR) is 49.25%.

Insider Buying and Selling

In other Waste Management news, SVP Rafael Carrasco sold 1,380 shares of the company’s 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 completion of the sale, the senior vice president directly owned 15,540 shares in the company, valued at $3,373,112.40. This represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is currently owned by corporate insiders.

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.