ABN Amro Investment Solutions Reduces Stake in Waste Management, Inc. $WM

Key Points

• ABN Amro Investment Solutions cut its Waste Management stake by 9.9% in the second quarter, selling 36,488 shares and retaining 331,967 shares worth approximately $74 million. Institutional investors collectively own 80.4% of the company.
• Waste Management exceeded quarterly EPS expectations, reporting $2.02 versus the $1.98 consensus, while revenue rose 4% year over year to $6.68 billion but fell slightly short of estimates.
• The stock carries a “Moderate Buy” consensus rating with an average analyst price target of $258.89, but investors face concerns over softer volumes, a premium valuation, and elevated leverage.

ABN Amro Investment Solutions lowered its position in Waste Management, Inc. (NYSE:WM - Free Report) by 9.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 331,967 shares of the business services provider's stock after selling 36,488 shares during the period. ABN Amro Investment Solutions owned about 0.08% of Waste Management worth $73,989,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Boston Common Asset Management LLC grew its position in shares of Waste Management by 12.9% during the second quarter. Boston Common Asset Management LLC now owns 55,895 shares of the business services provider's stock valued at $12,458,000 after purchasing an additional 6,391 shares in the last quarter. PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in Waste Management during the fourth quarter valued at approximately $10,206,000. Principal Financial Group Inc. grew its holdings in Waste Management by 3.1% during the 1st quarter. Principal Financial Group Inc. now owns 460,317 shares of the business services provider's stock valued at $105,776,000 after buying an additional 14,003 shares in the last quarter. KLP Kapitalforvaltning AS grew its holdings in Waste Management by 18.5% during the 4th quarter. KLP Kapitalforvaltning AS now owns 236,153 shares of the business services provider's stock valued at $51,885,000 after buying an additional 36,900 shares in the last quarter. Finally, LBP AM SA increased its stake in Waste Management by 24.1% in the 4th quarter. LBP AM SA now owns 46,640 shares of the business services provider's stock worth $10,247,000 after acquiring an additional 9,071 shares during the last quarter. Institutional investors 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: Higher margins, stronger free cash flow and pricing gains are helping Waste Management protect earnings despite operational headwinds. Technology-driven efficiencies and benefits from the Stericycle acquisition also support the company’s longer-term growth outlook. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
• Positive Sentiment: Steady dividends and resilient cash generation reinforce WM’s defensive appeal, while operational improvements could help sustain earnings momentum even if industry volumes remain pressured. Here's Why Investors Must Hold WM Stock in Their Portfolios Now
• Neutral Sentiment: WM has lagged the broader market rally, which some investors may view as an opportunity to buy a relatively defensive business at a better entry point; however, the fund commentary does not identify a new company-specific catalyst. Waste Management (WM) Fell Behind the Rally. Is It an Opportunity?
• Negative Sentiment: Waste Management lowered its 2026 revenue outlook because of softer volumes. Investors are weighing whether margin expansion, pricing and cash flow can offset weaker underlying demand. WM's 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Negative Sentiment: WM’s premium valuation leaves limited room for execution setbacks, while substantial leverage, weak liquidity and a debt-to-equity ratio above 2 raise financial risk. An unfavorable FY2026 earnings view from Erste Group adds to the cautious tone. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?

Waste Management Price Performance

NYSE:WM opened at $224.73 on Friday. The firm's fifty day moving average is $227.62 and its two-hundred day moving average is $227.88. The firm has a market cap of $89.83 billion, a price-to-earnings ratio of 31.83, a PEG ratio of 2.75 and a beta of 0.44. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.87 and a current ratio of 0.91. Waste Management, Inc. has a one year low of $194.11 and a one year high of $248.13.

Waste Management (NYSE:WM - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.02 earnings per share for the quarter, beating analysts' consensus estimates of $1.98 by $0.04. The business had revenue of $6.68 billion during the quarter, compared to analyst estimates of $6.71 billion. Waste Management had a return on equity of 31.68% and a net margin of 11.11%.The company's revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the business posted $1.92 EPS. Research analysts expect that Waste Management, Inc. will post 8.14 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada raised their target price on shares of Waste Management from $240.00 to $244.00 and gave the company a "sector perform" rating in a report on Thursday, July 30th. Weiss Ratings raised shares of Waste Management from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, August 7th. Citigroup lifted their price objective on shares of Waste Management from $263.00 to $269.00 and gave the stock a "buy" rating in a research note on Friday, July 10th. Oppenheimer reduced their target price on shares of Waste Management from $264.00 to $263.00 and set an "outperform" rating on the stock in a report on Wednesday, July 8th. Finally, Barclays increased their price target on shares of Waste Management from $270.00 to $277.00 and gave the company an "overweight" rating in a report on Thursday, July 30th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $258.89.

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.

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