Waste Management, Inc. (NYSE:WM – Free Report) – Equities researchers at William Blair boosted their FY2025 earnings per share (EPS) estimates for shares of Waste Management in a report issued on Tuesday, March 18th. William Blair analyst T. Romeo now expects that the business services provider will post earnings per share of $7.80 for the year, up from their previous forecast of $7.79. William Blair has a “Outperform” rating on the stock. The consensus estimate for Waste Management’s current full-year earnings is $7.70 per share. William Blair also issued estimates for Waste Management’s Q4 2025 earnings at $1.98 EPS.
Several other equities analysts have also commented on the stock. Morgan Stanley raised their target price on shares of Waste Management from $227.00 to $235.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. StockNews.com cut shares of Waste Management from a “buy” rating to a “hold” rating in a research note on Friday, January 31st. Jefferies Financial Group cut their target price on Waste Management from $255.00 to $238.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. CIBC lifted their price target on Waste Management from $227.00 to $247.00 and gave the company a “neutral” rating in a research note on Wednesday, March 5th. Finally, Oppenheimer upped their price objective on Waste Management from $231.00 to $237.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Waste Management currently has a consensus rating of “Moderate Buy” and an average price target of $236.65.
Waste Management Price Performance
Waste Management stock opened at $224.76 on Friday. The firm has a market cap of $90.38 billion, a PE ratio of 33.05, a price-to-earnings-growth ratio of 2.71 and a beta of 0.75. The company has a debt-to-equity ratio of 2.73, a current ratio of 0.76 and a quick ratio of 0.85. The stock’s fifty day moving average price is $222.69 and its two-hundred day moving average price is $215.82. Waste Management has a one year low of $196.59 and a one year high of $235.81.
Waste Management (NYSE:WM – Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The business services provider reported $1.70 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.09). Waste Management had a net margin of 12.45% and a return on equity of 37.93%.
Institutional Trading of Waste Management
A number of institutional investors have recently bought and sold shares of WM. Vanguard Group Inc. boosted its position in shares of Waste Management by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 37,300,278 shares of the business services provider’s stock valued at $7,526,823,000 after purchasing an additional 538,567 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Waste Management by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 8,210,371 shares of the business services provider’s stock worth $1,654,173,000 after buying an additional 64,260 shares in the last quarter. Parnassus Investments LLC grew its position in shares of Waste Management by 22.5% during the 4th quarter. Parnassus Investments LLC now owns 6,272,009 shares of the business services provider’s stock worth $1,265,629,000 after buying an additional 1,151,237 shares during the period. Norges Bank acquired a new position in shares of Waste Management during the 4th quarter valued at $1,009,726,000. Finally, Nordea Investment Management AB boosted its stake in Waste Management by 7.1% during the fourth quarter. Nordea Investment Management AB now owns 4,240,429 shares of the business services provider’s stock worth $854,446,000 after acquiring an additional 280,455 shares in the last quarter. Institutional investors own 80.40% of the company’s stock.
Insider Buying and Selling at Waste Management
In other news, CAO John A. Carroll sold 1,251 shares of the company’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of $225.92, for a total value of $282,625.92. Following the sale, the chief accounting officer now directly owns 8,420 shares of the company’s stock, valued at approximately $1,902,246.40. This represents a 12.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Tara J. Hemmer sold 4,576 shares of Waste Management stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $222.12, for a total transaction of $1,016,421.12. Following the transaction, the senior vice president now directly owns 58,765 shares of the company’s stock, valued at $13,052,881.80. This represents a 7.22 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 95,577 shares of company stock worth $21,662,464. Insiders own 0.18% of the company’s stock.
Waste Management Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Waste Management’s previous quarterly dividend of $0.75. This represents a $3.30 annualized dividend and a yield of 1.47%. Waste Management’s payout ratio is presently 48.53%.
Waste Management Company Profile
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.
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