Healthcare of Ontario Pension Plan Trust Fund Sells 2,246 Shares of Waste Management, Inc. $WM

Healthcare of Ontario Pension Plan Trust Fund decreased its stake in Waste Management, Inc. (NYSE:WM) by 8.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,306 shares of the business services provider’s stock after selling 2,246 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Waste Management were worth $5,355,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Elevated Capital Advisors LLC bought a new position in Waste Management during the 4th quarter worth approximately $25,000. Financial Network Wealth Advisors LLC increased its stake 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 purchasing an additional 47 shares in the last quarter. RHL Group LLC bought a new stake in Waste Management in the fourth quarter valued at approximately $29,000. Mcguire Capital Advisors Inc. acquired a new stake in Waste Management in the fourth quarter worth $29,000. Finally, JPL Wealth Management LLC bought a new position in shares of Waste Management during the third quarter worth $30,000. 80.40% of the stock is currently owned by institutional investors and hedge funds.

Waste Management Price Performance

Shares of NYSE WM opened at $237.12 on Thursday. The company has a fifty day moving average price of $225.18 and a 200 day moving average price of $227.56. The firm has a market cap of $95.22 billion, a PE ratio of 33.59, a PEG ratio of 2.91 and a beta of 0.44. The company has a current ratio of 0.93, a quick ratio of 0.89 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 $248.13.

Waste Management (NYSE:WM) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.04. The firm had revenue of $6.68 billion for the quarter, compared to the consensus estimate of $6.71 billion. Waste Management had a return on equity of 31.74% and a net margin of 11.11%.The company’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the business posted $1.92 EPS. Research analysts predict that Waste Management, Inc. will post 8.16 earnings per share for the current fiscal year.

Waste Management Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were paid a $0.945 dividend. The ex-dividend date was Friday, June 5th. This represents a $3.78 annualized dividend and a yield of 1.6%. Waste Management’s payout ratio is presently 54.70%.

Analyst Ratings Changes

WM has been the subject of a number of recent analyst reports. Scotiabank upped their price objective on shares of Waste Management from $250.00 to $260.00 and gave the company a “sector perform” rating in a research report on Thursday, July 16th. Wells Fargo & Company decreased their target price on Waste Management from $273.00 to $268.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Canadian Imperial Bank of Commerce upgraded Waste Management from a “hold” rating to an “outperformer” rating and set a $244.00 price target for the company in a report on Tuesday, July 7th. Barclays lifted their price objective on Waste Management from $266.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Citigroup boosted their price objective on Waste Management from $263.00 to $269.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $257.22.

Waste Management News Summary

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

• Positive Sentiment: WM reported second-quarter adjusted earnings of $2.02 per share, above the roughly $1.98-$1.99 consensus and up from $1.92 a year earlier. Pricing actions and efficiency improvements supported profitability and margins. WM Earnings Beat on Pricing in Q2, Revenues Miss Estimates
• Positive Sentiment: Revenue increased 4% year over year to $6.684 billion, while adjusted operating results and operating EBITDA also improved from the prior-year period. The earnings call highlighted pricing as an important driver of performance. WM Announces Second Quarter 2026 Earnings
• Neutral Sentiment: Management’s second-quarter results were broadly resilient, but investors are focused on whether pricing and cost controls can continue to offset weaker volumes. The full earnings call provides additional context on demand, margins and the company’s outlook. Waste Management Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly revenue of $6.684 billion was slightly below the approximately $6.71 billion analyst estimate, with softer collection volumes offsetting pricing gains. That raises concerns about underlying volume growth. Waste Management Posts Q2 Sales in Line With Estimates
• Negative Sentiment: WM forecast fiscal 2026 revenue of approximately $26.3 billion to $26.5 billion, implying a midpoint modestly below the $26.5 billion consensus. The cautious outlook likely limited the benefit of the earnings beat. Waste Management Posts Q2 Sales in Line With Estimates
• Negative Sentiment: Erste Group marginally reduced its fiscal 2026 EPS estimate to $8.15 from $8.16, signaling limited near-term expectations for earnings upside. Waste Management Analyst Estimate Update

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.