Rep. Val T. Hoyle Sells Off Shares of Waste Connections, Inc. (NYSE:WCN)

Key Points

• Rep. Val T. Hoyle sold between $1,001 and $15,000 in shares of Waste Connections, Inc. on September 23rd, as disclosed on October 10th.
• Waste Connections, Inc. reported earnings of $1.29 per share for the last quarter, exceeding analyst estimates, with a revenue growth of 7.1% year-over-year.
• A recent quarterly dividend of $0.315 per share was declared, reflecting an annualized yield of 0.7% and a payout ratio of 50.81%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Waste Connections, Inc. NYSE: WCN. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Waste Connections stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Waste Connections Stock Up 1.4%

WCN opened at $172.58 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.67 and a quick ratio of 0.67. The company's 50-day moving average is $179.63 and its 200 day moving average is $186.71. Waste Connections, Inc. has a fifty-two week low of $169.36 and a fifty-two week high of $201.66. The firm has a market capitalization of $44.28 billion, a P/E ratio of 69.59, a PEG ratio of 3.10 and a beta of 0.62.

Waste Connections (NYSE:WCN - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The business services provider reported $1.29 earnings per share for the quarter, beating analysts' consensus estimates of $1.25 by $0.04. Waste Connections had a net margin of 6.97% and a return on equity of 15.72%. The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. During the same period last year, the firm earned $1.24 earnings per share. The firm's revenue was up 7.1% on a year-over-year basis. Waste Connections has set its FY 2025 guidance at EPS. Research analysts expect that Waste Connections, Inc. will post 5.28 earnings per share for the current fiscal year.

Waste Connections Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Investors of record on Wednesday, August 6th were given a dividend of $0.315 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, August 6th. Waste Connections's dividend payout ratio (DPR) is presently 50.81%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. CIBC reissued an "outperform" rating on shares of Waste Connections in a research report on Friday, July 25th. Scotiabank set a $208.00 price target on shares of Waste Connections in a research report on Friday. Barclays assumed coverage on shares of Waste Connections in a research report on Friday, September 19th. They set an "equal weight" rating and a $192.00 price target on the stock. Citigroup lowered their price objective on shares of Waste Connections from $204.00 to $199.00 and set a "neutral" rating on the stock in a research report on Wednesday, September 17th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Waste Connections in a research report on Wednesday. Five equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Waste Connections currently has an average rating of "Buy" and an average target price of $211.73.

Hedge Funds Weigh In On Waste Connections

Hedge funds have recently bought and sold shares of the company. Asset Dedication LLC purchased a new position in Waste Connections during the second quarter valued at approximately $28,000. Ramirez Asset Management Inc. grew its stake in Waste Connections by 122.0% during the first quarter. Ramirez Asset Management Inc. now owns 182 shares of the business services provider's stock valued at $36,000 after acquiring an additional 100 shares in the last quarter. Larson Financial Group LLC grew its stake in Waste Connections by 994.4% during the first quarter. Larson Financial Group LLC now owns 197 shares of the business services provider's stock valued at $38,000 after acquiring an additional 179 shares in the last quarter. AlphaCore Capital LLC purchased a new position in Waste Connections during the second quarter valued at approximately $39,000. Finally, Valley National Advisers Inc. grew its stake in Waste Connections by 232.3% during the first quarter. Valley National Advisers Inc. now owns 216 shares of the business services provider's stock valued at $41,000 after acquiring an additional 151 shares in the last quarter. Hedge funds and other institutional investors own 86.09% of the company's stock.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Waste Connections

Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.