Swedbank AB Grows Position in Waste Management, Inc. $WM

Key Points

• Swedbank AB boosted its stake in Waste Management by 4.6%, adding 89,094 shares to hold 2,044,685 shares (about 0.51% of the company) valued at roughly $449.24 million, and institutional investors now own about 80.40% of the stock.
• Waste Management beat EPS expectations with $1.81 vs. $1.75 consensus while revenue came in slightly under at $6.23B, and the company raised its quarterly dividend to $0.945 (annualized $3.78, ~1.7% yield).
• Analyst views are mixed — the consensus is a Moderate Buy with a $255.67 price target but some firms cut FY2026/2027 EPS estimates — meanwhile insiders sold roughly 92,616 shares in the past 90 days, including CEO and VP dispositions.

Swedbank AB boosted its stake in shares of Waste Management, Inc. (NYSE:WM - Free Report) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,044,685 shares of the business services provider's stock after purchasing an additional 89,094 shares during the period. Swedbank AB owned about 0.51% of Waste Management worth $449,238,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Waste Management by 5.4% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 818,946 shares of the business services provider's stock valued at $178,858,000 after acquiring an additional 41,724 shares during the period. AssuredPartners Investment Advisors LLC raised its holdings in Waste Management by 46.4% during the fourth quarter. AssuredPartners Investment Advisors LLC now owns 1,746 shares of the business services provider's stock valued at $384,000 after acquiring an additional 553 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Waste Management by 11.7% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 104,032 shares of the business services provider's stock valued at $22,857,000 after acquiring an additional 10,892 shares during the period. Garner Asset Management Corp raised its holdings in Waste Management by 13.4% during the fourth quarter. Garner Asset Management Corp now owns 10,526 shares of the business services provider's stock valued at $2,313,000 after acquiring an additional 1,243 shares during the period. Finally, Cresta Advisors Ltd. bought a new stake in Waste Management during the fourth quarter valued at about $44,000. 80.40% of the stock is currently owned by hedge funds and other institutional investors.

Waste Management Trading Down 1.5%

Shares of NYSE WM opened at $224.51 on Wednesday. The business's 50 day moving average is $232.19 and its two-hundred day moving average is $222.82. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.93 and a quick ratio of 0.89. Waste Management, Inc. has a 1-year low of $194.11 and a 1-year high of $248.13. The stock has a market capitalization of $90.16 billion, a P/E ratio of 32.49, a PEG ratio of 2.38 and a beta of 0.49.

Waste Management (NYSE:WM - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.06. Waste Management had a return on equity of 31.90% and a net margin of 10.99%.The company had revenue of $6.23 billion for the quarter, compared to analysts' expectations of $6.28 billion. During the same period in the previous year, the firm posted $1.67 earnings per share. The firm's revenue for the quarter was up 3.5% on a year-over-year basis. As a group, research analysts expect that Waste Management, Inc. will post 8.17 EPS for the current year.

Waste Management Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a dividend of $0.945 per share. This represents a $3.78 annualized dividend and a dividend yield of 1.7%. This is a boost from Waste Management's previous quarterly dividend of $0.83. The ex-dividend date was Friday, March 13th. Waste Management's dividend payout ratio (DPR) is presently 54.70%.

More Waste Management News

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

• Positive Sentiment: Bullish retail/coverage piece highlighting reasons investors might revisit WM as a turnaround/speculation candidate; could attract short-term interest from momentum buyers. Here's Why We Think Waste Management NYSE: WM Might Deserve Your Attention Today
• Neutral Sentiment: Industry research on the e‑waste management market outlines long‑term growth drivers (recycling, regulation, services) that could benefit diversified waste operators like WM over time, but it’s not an immediate earnings catalyst. E-Waste Management Market 2031: Size, Share, Trends, Analysis & Forecast Report
• Neutral Sentiment: Geomembrane/liner materials report (HDPE vs LLDPE) discusses landfill containment trends that affect landfill capex/operating choices; relevant to WM’s landfill operations but not a near‑term stock mover. Geomembrane Market Report: HDPE vs LLDPE Material Trends & Waste Management 2033
• Negative Sentiment: Scotiabank cut its FY2026 EPS estimate for WM to $8.05 from $8.36 and maintained a "Sector Perform" stance with a $250 price target; the revision sits below some consensus figures and is likely weighing on the share price by lowering near‑term earnings expectations. (Source: Market summary provided)
• Negative Sentiment: Another analyst note reported an FY2027 EPS reduction for WM, further signaling downward pressure on forward estimates and investor expectations. FY2027 EPS Estimate for Waste Management Reduced by Analyst

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Wolfe Research assumed coverage on Waste Management in a report on Friday, March 13th. They set a "peer perform" rating on the stock. Royal Bank Of Canada raised their price target on Waste Management from $235.00 to $240.00 and gave the company a "sector perform" rating in a report on Thursday, April 30th. Barclays raised their price target on Waste Management from $266.00 to $270.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. Scotiabank reissued a "sector perform" rating and set a $250.00 price target (down from $254.00) on shares of Waste Management in a report on Wednesday, January 21st. Finally, Robert W. Baird lifted their target price on Waste Management from $248.00 to $260.00 and gave the stock an "outperform" rating in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $255.67.

Insider Buying and Selling at Waste Management

In other Waste Management news, CEO James C. Fish, Jr. sold 30,390 shares of the business's stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $230.36, for a total transaction of $7,000,640.40. Following the completion of the transaction, the chief executive officer owned 225,793 shares in the company, valued at $52,013,675.48. The trade was a 11.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Donald J. Smith sold 12,194 shares of the business's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $233.48, for a total value of $2,847,055.12. Following the transaction, the vice president owned 6,024 shares of the company's stock, valued at $1,406,483.52. This trade represents a 66.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 92,616 shares of company stock valued at $21,849,115. 0.18% of the stock is owned by company insiders.

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.

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