William Blair Brokers Decrease Earnings Estimates for WM

Waste Management, Inc. (NYSE:WM - Free Report) - Equities researchers at William Blair decreased their Q2 2025 EPS estimates for Waste Management in a report released on Wednesday, June 25th. William Blair analyst T. Romeo now anticipates that the business services provider will post earnings of $1.97 per share for the quarter, down from their prior estimate of $2.00. William Blair currently 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 $1.95 EPS, FY2025 earnings at $7.77 EPS, Q2 2026 earnings at $2.26 EPS and Q4 2026 earnings at $2.25 EPS.

Several other analysts have also recently issued reports on WM. BMO Capital Markets increased their target price on Waste Management from $241.00 to $245.00 and gave the company a "market perform" rating in a research report on Wednesday. Melius Research raised shares of Waste Management to a "strong-buy" rating and set a $263.00 price objective on the stock in a research report on Monday, June 9th. National Bank Financial raised shares of Waste Management to a "hold" rating in a report on Monday, May 26th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $229.00 price objective on shares of Waste Management in a research report on Thursday. Finally, HSBC raised Waste Management from a "hold" rating to a "buy" rating and upped their target price for the company from $210.00 to $265.00 in a research report on Friday, April 25th. Eight research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $250.71.

Waste Management Trading Down 0.8%

NYSE:WM opened at $226.86 on Friday. The company has a debt-to-equity ratio of 2.65, a quick ratio of 0.79 and a current ratio of 0.83. The firm has a 50-day simple moving average of $233.08 and a 200-day simple moving average of $224.30. Waste Management has a one year low of $196.59 and a one year high of $242.58. The firm has a market cap of $91.29 billion, a P/E ratio of 34.22, a P/E/G ratio of 3.02 and a beta of 0.66.

Waste Management (NYSE:WM - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The business services provider reported $1.67 EPS for the quarter, beating the consensus estimate of $1.59 by $0.08. Waste Management had a return on equity of 35.67% and a net margin of 11.67%. The firm had revenue of $6.02 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same quarter last year, the firm posted $1.75 earnings per share. The business's revenue for the quarter was up 16.7% on a year-over-year basis.

Institutional Investors Weigh In On Waste Management

Several institutional investors have recently bought and sold shares of WM. Vanguard Group Inc. grew its stake in 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 acquiring an additional 538,567 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Waste Management by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 8,210,371 shares of the business services provider's stock valued at $1,654,173,000 after purchasing an additional 64,260 shares in the last quarter. Parnassus Investments LLC grew its holdings in Waste Management by 22.5% in the 4th quarter. Parnassus Investments LLC now owns 6,272,009 shares of the business services provider's stock valued at $1,265,629,000 after buying an additional 1,151,237 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Waste Management by 30.4% in the 1st quarter. Ameriprise Financial Inc. now owns 5,316,443 shares of the business services provider's stock worth $1,233,240,000 after acquiring an additional 1,239,996 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Waste Management during the 4th quarter worth $1,009,726,000. 80.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Waste Management

In related news, CFO Devina A. Rankin sold 57,888 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $237.36, for a total value of $13,740,295.68. Following the completion of the sale, the chief financial officer now owns 83,934 shares of the company's stock, valued at approximately $19,922,574.24. The trade was a 40.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Rafael Carrasco sold 674 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $236.81, for a total transaction of $159,609.94. Following the transaction, the senior vice president now directly owns 16,542 shares in the company, valued at approximately $3,917,311.02. The trade was a 3.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is owned by company insiders.

Waste Management Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 6th were given a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date was Friday, June 6th. Waste Management's dividend payout ratio (DPR) is presently 49.77%.

About Waste Management

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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