Reynders McVeigh Capital Management LLC Sells 3,589 Shares of Waste Management, Inc. $WM

Reynders McVeigh Capital Management LLC decreased its holdings in shares of Waste Management, Inc. (NYSE:WM) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,478 shares of the business services provider’s stock after selling 3,589 shares during the period. Waste Management comprises approximately 1.1% of Reynders McVeigh Capital Management LLC’s holdings, making the stock its 27th largest position. Reynders McVeigh Capital Management LLC’s holdings in Waste Management were worth $24,493,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Lockheed Martin Investment Management Co. bought a new position in Waste Management in the 3rd quarter worth $3,092,000. Guerra Advisors Inc boosted its holdings in Waste Management by 59.5% in the 3rd quarter. Guerra Advisors Inc now owns 9,037 shares of the business services provider’s stock worth $1,996,000 after buying an additional 3,371 shares during the period. Capital Advisors Inc. OK boosted its holdings in Waste Management by 2.0% in the 4th quarter. Capital Advisors Inc. OK now owns 196,585 shares of the business services provider’s stock worth $43,192,000 after buying an additional 3,880 shares during the period. Compass Wealth Management LLC boosted its holdings in Waste Management by 537.0% in the 3rd quarter. Compass Wealth Management LLC now owns 95,721 shares of the business services provider’s stock worth $21,138,000 after buying an additional 80,695 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in Waste Management by 19.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 69,287 shares of the business services provider’s stock worth $15,301,000 after buying an additional 11,135 shares during the period. Institutional investors own 80.40% of the company’s stock.

Key Stories Impacting Waste Management

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

• Positive Sentiment: Analyst boosts from high-conviction firms — TD Cowen raised its price target to $275 and keeps a buy rating, and Barclays lifted its target to $270 with an overweight rating. Those upgrades signal analyst confidence and imply double‑digit upside from current levels. TD Cowen raise Barclays raise
• Positive Sentiment: Zacks highlights WM as a strong growth stock based on style scores and fundamentals — a positive signal for growth-oriented investors and fund flows. Zacks article
• Neutral Sentiment: Modest price target increase from RBC to $240 with a “sector perform” rating — supportive but conservative, reflecting limited near-term conviction (small upside). RBC note
• Neutral Sentiment: Market research on multi-layer film recycling forecasts strong long‑term growth (9.2% CAGR to 2035), which supports waste/recycling industry tailwinds but is unlikely to move WM stock immediately. Market report
• Neutral Sentiment: Benzinga summary: analysts revised forecasts after WM’s Q1 (EPS beat, revenue miss). The mixed nature of results leaves room for differing analyst actions and contributes to intra-day volatility. Analyst revisions
• Negative Sentiment: Wells Fargo trimmed its price target from $273 to $268 (still overweight) — a downward tweak that reduces near-term upside expectations. Wells Fargo trim
• Negative Sentiment: Peer strength: Waste Connections (WCN) reported beat-and-raise style results and noted liquidity considerations, highlighting competitive momentum in the sector that could put pressure on WM’s market-share narrative. Investors may reallocate toward peers showing stronger near-term top-line momentum. WCN article

Waste Management Stock Up 0.0%

Shares of WM stock opened at $228.81 on Monday. The stock has a market cap of $91.88 billion, a P/E ratio of 33.11, a PEG ratio of 2.38 and a beta of 0.49. Waste Management, Inc. has a 52 week low of $194.11 and a 52 week high of $248.13. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 2.22. The company’s fifty day simple moving average is $232.31 and its two-hundred day simple moving average is $222.74.

Waste Management (NYSE:WM) last announced its earnings results on Tuesday, April 28th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.06. The firm had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $6.28 billion. Waste Management had a net margin of 10.99% and a return on equity of 31.90%. The business’s revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.67 EPS. Analysts predict that Waste Management, Inc. will post 8.18 EPS for the current fiscal year.

Waste Management Increases Dividend

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

Analyst Ratings Changes

Several brokerages recently weighed in on WM. Wolfe Research began coverage on shares of Waste Management in a report on Friday, March 13th. They issued a “peer perform” rating for the company. Royal Bank Of Canada upped their target price on shares of Waste Management from $235.00 to $240.00 and gave the stock a “sector perform” rating in a report on Thursday. Weiss Ratings upgraded shares of Waste Management from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. UBS Group upgraded shares of Waste Management from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $225.00 to $260.00 in a research note on Friday, January 9th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Waste Management from $265.00 to $270.00 and gave the stock an “overweight” rating in a research note on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $255.67.

Insider Activity

In other news, SVP Tara J. Hemmer sold 4,818 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $241.83, for a total transaction of $1,165,136.94. Following the sale, the senior vice president directly owned 78,918 shares in the company, valued at approximately $19,084,739.94. This represents a 5.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Donald J. Smith sold 12,194 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $233.48, for a total transaction of $2,847,055.12. Following the sale, the vice president owned 6,024 shares in the company, valued at $1,406,483.52. This represents a 66.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 92,616 shares of company stock worth $21,849,115. 0.18% of the stock is owned by 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.