Opal Capital LLC Takes Position in Waste Management, Inc. $WM

Opal Capital LLC bought a new position in shares of Waste Management, Inc. (NYSE:WM) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,585 shares of the business services provider’s stock, valued at approximately $594,000.

Other hedge funds also recently bought and sold shares of the company. Elevated Capital Advisors LLC purchased a new stake in Waste Management in the 4th quarter worth approximately $25,000. RHL Group LLC bought a new stake in shares of Waste Management in the 4th quarter worth approximately $29,000. Financial Network Wealth Advisors LLC increased its stake in shares of Waste Management by 55.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock valued at $29,000 after buying an additional 47 shares during the period. Mcguire Capital Advisors Inc. bought a new position in shares of Waste Management during the fourth quarter valued at approximately $29,000. Finally, JPL Wealth Management LLC bought a new position in shares of Waste Management during the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Waste Management Price Performance

Shares of WM stock opened at $239.54 on Wednesday. The business’s fifty day moving average is $224.83 and its 200 day moving average is $227.43. 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 stock has a market cap of $96.20 billion, a price-to-earnings ratio of 34.67, a PEG ratio of 2.89 and a beta of 0.44. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $248.13.

Waste Management (NYSE:WM) last announced its earnings results on Tuesday, July 28th. The business services provider reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.04. The firm had revenue of $6.68 billion for the quarter, compared to analysts’ expectations of $6.71 billion. Waste Management had a net margin of 10.99% and a return on equity of 31.90%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.92 EPS. Research analysts expect that Waste Management, Inc. will post 8.16 EPS for the current fiscal year.

Waste Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Friday, June 5th were issued a $0.945 dividend. This represents a $3.78 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, June 5th. Waste Management’s dividend payout ratio is 54.70%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WM. Oppenheimer cut their price target on shares of Waste Management from $264.00 to $263.00 and set an “outperform” rating on the stock in a report on Wednesday, July 8th. Wells Fargo & Company decreased their price objective on shares of Waste Management from $273.00 to $268.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Scotiabank lifted their target price on shares of Waste Management from $250.00 to $260.00 and gave the company a “sector perform” rating in a research note on Thursday, July 16th. Citigroup boosted their price target on shares of Waste Management from $263.00 to $269.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Finally, Weiss Ratings downgraded shares of Waste Management from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $256.74.

Key Waste Management News

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

• Positive Sentiment: WM reported adjusted earnings of $2.02 per share, above analysts’ estimates of approximately $1.98-$1.99 and up from $1.92 a year earlier. Waste Management Q2 Earnings Surpass Estimates
• Positive Sentiment: Revenue increased 4.0% year over year to $6.684 billion, while adjusted operating income rose to $1.290 billion and adjusted operating EBITDA increased to approximately $2.067 billion. These figures indicate continued operating growth and earnings leverage. WM Announces Second Quarter 2026 Earnings
• Positive Sentiment: The earnings beat was achieved despite revenue coming in modestly below consensus, suggesting margins and cost control helped support profitability. WM’s reported 31.90% return on equity also underscores its strong earnings generation, though leverage remains elevated.
• Positive Sentiment: Brokerages’ consensus price target is $256.74, above the stock’s recent trading level, providing a favorable analyst valuation signal. Waste Management Receives Consensus Target Price
• Negative Sentiment: WM’s updated 2026 revenue outlook of $26.3 billion-$26.5 billion has a midpoint slightly below the $26.5 billion consensus estimate. The absence of a clearly higher outlook could temper enthusiasm following the earnings beat.
• Neutral Sentiment: At a price-to-earnings ratio near 35, WM already carries a premium valuation. Investors will likely require sustained earnings growth and margin improvement to justify further gains.

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.