Benjamin Edwards Inc. Buys 20,675 Shares of Waste Management, Inc. $WM

Benjamin Edwards Inc. raised its stake in Waste Management, Inc. (NYSE:WM - Free Report) by 26.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 97,682 shares of the business services provider's stock after buying an additional 20,675 shares during the period. Benjamin Edwards Inc.'s holdings in Waste Management were worth $21,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. Boston Common Asset Management LLC raised its holdings in Waste Management by 12.9% in the second quarter. Boston Common Asset Management LLC now owns 55,895 shares of the business services provider's stock worth $12,458,000 after purchasing an additional 6,391 shares in the last quarter. PBU The Pension Fund of Early Childhood & Youth Educators purchased a new stake in shares of Waste Management during the fourth quarter valued at about $10,206,000. Principal Financial Group Inc. boosted its holdings in shares of Waste Management by 3.1% in 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 position in shares of Waste Management by 18.5% in the 4th quarter. KLP Kapitalforvaltning AS now owns 236,153 shares of the business services provider's stock worth $51,885,000 after buying an additional 36,900 shares during the last quarter. Finally, Directional Asset Management bought a new position in shares of Waste Management during the 4th quarter worth approximately $1,361,000. 80.40% of the stock is owned by hedge funds and other institutional investors.

Waste Management News Summary

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

• Positive Sentiment: Higher margins, pricing gains and stronger cash flow could help WM sustain earnings momentum even as operating conditions soften. Technology-driven efficiencies, including benefits from the Stericycle integration, and the company’s consistent dividend also support the long-term investment case. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
• Positive Sentiment: WM’s recent earnings performance exceeded analysts’ EPS expectations, while revenue continued to grow year over year. These results reinforce the potential for margin expansion and disciplined pricing to offset slower volume growth.
• Neutral Sentiment: WM has lagged the broader market rally, prompting some investors to view the stock as a potential opportunity for defensive, income-oriented portfolios. However, the investment case depends on continued execution rather than a clear near-term catalyst. Waste Management Fell Behind the Rally. Is It an Opportunity?
• Negative Sentiment: WM lowered its 2026 revenue outlook because of softer volumes. Investors are watching whether margin improvements, pricing and cash flow can fully offset weaker demand. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
• Negative Sentiment: A premium earnings multiple, substantial debt and weak liquidity metrics increase downside risk if growth or integration benefits disappoint. With shares trading near their moving averages and valuation still rich, investors may demand continued earnings execution. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?

Waste Management Stock Up 0.2%

NYSE:WM opened at $224.73 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 2.24. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $248.13. The company has a market cap of $89.83 billion, a PE ratio of 31.83, a P/E/G ratio of 2.76 and a beta of 0.44. The company's 50 day moving average is $227.62 and its two-hundred day moving average is $227.88.

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Oppenheimer decreased their target price on shares of Waste Management from $264.00 to $263.00 and set an "outperform" rating for the company in a research report on Wednesday, July 8th. TD Cowen upped their price target on Waste Management from $270.00 to $275.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Wells Fargo & Company decreased their price objective on Waste Management from $273.00 to $268.00 and set an "overweight" rating for the company in a report on Thursday, April 30th. Scotiabank raised their price objective on Waste Management from $250.00 to $260.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 16th. Finally, Canadian Imperial Bank of Commerce downgraded Waste Management from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 29th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Waste Management currently has an average rating of "Moderate Buy" and an average price target of $258.89.

Waste Management Company Profile

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.

Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source