Waste Management, Inc. (NYSE:WM – Free Report) – Stock analysts at William Blair raised their FY2025 EPS estimates for Waste Management in a research note issued on Tuesday, March 18th. William Blair analyst T. Romeo now forecasts that the business services provider will earn $7.80 per share for the year, up from their prior forecast of $7.79. William Blair 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 $1.98 EPS.
Other analysts have also issued reports about the stock. Morgan Stanley upped their target price on shares of Waste Management from $227.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Friday, January 31st. Citigroup upped their target price on shares of Waste Management from $242.00 to $255.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. StockNews.com lowered shares of Waste Management from a “buy” rating to a “hold” rating in a research note on Friday, January 31st. Oppenheimer upped their price target on Waste Management from $231.00 to $237.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Finally, Jefferies Financial Group lowered their price target on Waste Management from $255.00 to $238.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Nine equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $236.65.
Waste Management Stock Down 0.9 %
WM stock opened at $224.76 on Friday. The company’s 50 day moving average price is $222.69 and its 200 day moving average price is $215.86. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.85 and a current ratio of 0.76. Waste Management has a fifty-two week low of $196.59 and a fifty-two week high of $235.81. The firm has a market capitalization of $90.38 billion, a price-to-earnings ratio of 33.05, a PEG ratio of 2.71 and a beta of 0.75.
Waste Management (NYSE:WM – Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The business services provider reported $1.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.09). Waste Management had a return on equity of 37.93% and a net margin of 12.45%.
Waste Management Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.825 dividend. This is a boost from Waste Management’s previous quarterly dividend of $0.75. This represents a $3.30 annualized dividend and a yield of 1.47%. The ex-dividend date is Friday, March 14th. Waste Management’s payout ratio is currently 48.53%.
Insider Buying and Selling at Waste Management
In other Waste Management news, EVP Charles C. Boettcher sold 693 shares of the business’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $220.59, for a total value of $152,868.87. Following the transaction, the executive vice president now directly owns 45,542 shares of the company’s stock, valued at approximately $10,046,109.78. The trade was a 1.50 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO John A. Carroll sold 209 shares of the business’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $220.55, for a total transaction of $46,094.95. Following the sale, the chief accounting officer now owns 9,066 shares in the company, valued at $1,999,506.30. The trade was a 2.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 95,577 shares of company stock valued at $21,662,464. 0.18% of the stock is owned by company insiders.
Hedge Funds Weigh In On Waste Management
A number of institutional investors and hedge funds have recently made changes to their positions in WM. Swedbank AB grew its stake in shares of Waste Management by 67.2% during the 3rd quarter. Swedbank AB now owns 1,765,594 shares of the business services provider’s stock worth $366,537,000 after purchasing an additional 709,678 shares during the period. Empowered Funds LLC grew its stake in shares of Waste Management by 7.2% during the 3rd quarter. Empowered Funds LLC now owns 7,561 shares of the business services provider’s stock worth $1,570,000 after purchasing an additional 510 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of Waste Management by 27.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 62,629 shares of the business services provider’s stock worth $13,002,000 after purchasing an additional 13,604 shares during the period. Pathstone Holdings LLC grew its stake in shares of Waste Management by 9.1% during the 3rd quarter. Pathstone Holdings LLC now owns 63,403 shares of the business services provider’s stock worth $13,163,000 after purchasing an additional 5,296 shares during the period. Finally, Caprock Group LLC grew its stake in shares of Waste Management by 3.9% during the 3rd quarter. Caprock Group LLC now owns 7,463 shares of the business services provider’s stock worth $1,549,000 after purchasing an additional 283 shares during the period. 80.40% of the stock is owned by institutional investors and hedge funds.
Waste Management Company Profile
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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