Waste Management, Inc. $WM Shares Acquired by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd increased its stake in shares of Waste Management, Inc. (NYSE:WM) by 30.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,794 shares of the business services provider’s stock after buying an additional 19,324 shares during the quarter. Waste Management comprises approximately 0.1% of Lombard Odier Asset Management Europe Ltd’s investment portfolio, making the stock its 25th biggest holding. Lombard Odier Asset Management Europe Ltd’s holdings in Waste Management were worth $19,025,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in Waste Management during the fourth quarter valued at $10,206,000. Principal Financial Group Inc. grew its position in Waste Management by 3.1% during the 1st quarter. Principal Financial Group Inc. now owns 460,317 shares of the business services provider’s stock worth $105,776,000 after purchasing an additional 14,003 shares during the period. KLP Kapitalforvaltning AS raised its stake in shares of Waste Management by 18.5% during the 4th quarter. KLP Kapitalforvaltning AS now owns 236,153 shares of the business services provider’s stock valued at $51,885,000 after buying an additional 36,900 shares during the last quarter. LBP AM SA lifted its holdings in shares of Waste Management by 24.1% in the 4th quarter. LBP AM SA now owns 46,640 shares of the business services provider’s stock valued at $10,247,000 after buying an additional 9,071 shares during the period. Finally, Cohen Capital Management Inc. purchased a new stake in shares of Waste Management in the fourth quarter worth about $3,252,000. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Waste Management Price Performance

Waste Management stock opened at $226.89 on Monday. The stock has a market capitalization of $90.69 billion, a P/E ratio of 32.14, a P/E/G ratio of 2.79 and a beta of 0.44. The company’s fifty day moving average price is $225.52 and its 200 day moving average price is $227.66. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.87 and a current ratio of 0.91. Waste Management, Inc. has a 1 year low of $194.11 and a 1 year high of $248.13.

Waste Management (NYSE:WM) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.04. The company had revenue of $6.68 billion during the quarter, compared to analysts’ expectations of $6.71 billion. Waste Management had a net margin of 11.11% and a return on equity of 31.68%. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.92 earnings per share. As a group, equities research analysts anticipate that Waste Management, Inc. will post 8.13 earnings per share for the current fiscal year.

Waste Management Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, June 5th were paid a dividend of $0.945 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $3.78 dividend on an annualized basis and a dividend yield of 1.7%. Waste Management’s payout ratio is currently 53.54%.

Analysts Set New Price Targets

Several brokerages recently weighed in on WM. Citigroup lifted their price target on Waste Management from $263.00 to $269.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Oppenheimer lowered their price objective on Waste Management from $264.00 to $263.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 8th. JPMorgan Chase & Co. lifted their target price on shares of Waste Management from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Friday, April 10th. TD Cowen boosted their target price on shares of Waste Management from $270.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada increased their price target on shares of Waste Management from $240.00 to $244.00 and gave the stock a “sector perform” rating in a report on Thursday. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.33.

Trending Headlines about Waste Management

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

• Positive Sentiment: Analysts raised price targets. Barclays increased its target from $270 to $277 and maintained an Overweight rating, while Stifel Nicolaus raised its target from $252 to $261 and reiterated Buy. These targets imply substantial upside and reinforce the bullish case for WM. Barclays and Stifel analyst actions
• Positive Sentiment: RBC also lifted its price target from $240 to $244, citing a more favorable valuation outlook, although it retained a Sector Perform rating. RBC raises Waste Management price target
• Positive Sentiment: Second-quarter profitability was better than expected. WM reported adjusted earnings of $2.02 per share, above the $1.98 consensus estimate, while revenue rose 4% year over year to $6.68 billion. Management highlighted margin expansion, technology investments and progress integrating its healthcare-services operations. WM Q2 earnings call highlights
• Neutral Sentiment: Scotiabank maintained its Hold rating. The decision suggests analysts see balanced upside and downside risks following the earnings report. Scotiabank maintains Hold rating
• Negative Sentiment: Revenue expectations and operating volumes remain concerns. WM’s full-year revenue outlook of approximately $26.38 billion was slightly below analysts’ expectations, and softer collection volumes could offset margin gains and integration benefits. WM Q2 business review
• Negative Sentiment: Erste Group issued a bearish FY2026 earnings forecast, adding a cautious counterpoint to the more optimistic target increases from other firms. Erste Group bearish forecast

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.