ING Groep NV Sells 65,510 Shares of Waste Management, Inc. $WM

Posted by Stanley Muller on Jun 10th, 2026

ING Groep NV reduced its holdings in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 84.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,925 shares of the business services provider’s stock after selling 65,510 shares during the quarter. ING Groep NV’s holdings in Waste Management were worth $2,620,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of WM. PBU The Pension Fund of Early Childhood & Youth Educators purchased a new position in shares of Waste Management during the 4th quarter valued at $10,206,000. Capital Advisors Inc. OK lifted its position in shares of Waste Management by 2.0% during the 4th quarter. Capital Advisors Inc. OK now owns 196,585 shares of the business services provider’s stock valued at $43,192,000 after buying an additional 3,880 shares during the last quarter. Central Bank & Trust Co. lifted its position in shares of Waste Management by 333.1% during the 4th quarter. Central Bank & Trust Co. now owns 8,442 shares of the business services provider’s stock valued at $1,855,000 after buying an additional 6,493 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Waste Management by 15.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 793,346 shares of the business services provider’s stock valued at $173,774,000 after buying an additional 104,843 shares during the last quarter. Finally, Goodman Financial Corp purchased a new position in shares of Waste Management during the 4th quarter valued at $16,898,000. 80.40% of the stock is currently owned by institutional investors.

Waste Management Stock Performance

NYSE:WM opened at $221.12 on Wednesday. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.89 and a current ratio of 0.93. Waste Management, Inc. has a 52-week low of $194.11 and a 52-week high of $248.13. The firm has a market cap of $88.80 billion, a price-to-earnings ratio of 32.00, a PEG ratio of 2.26 and a beta of 0.45. The business’s fifty day moving average is $223.34 and its 200 day moving average is $224.65.

Waste Management (NYSE:WM – Get Free Report) last posted its earnings results on Tuesday, April 28th. The business services provider reported $1.81 EPS for the quarter, topping the consensus estimate of $1.75 by $0.06. Waste Management had a return on equity of 31.90% and a net margin of 10.99%.The business had revenue of $6.23 billion during the quarter, compared to analysts’ expectations of $6.28 billion. During the same period in the previous year, the business earned $1.67 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. Research analysts predict that Waste Management, Inc. will post 8.15 EPS for the current year.

Waste Management Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, June 5th will be given a dividend of $0.945 per share. This represents a $3.78 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, June 5th. Waste Management’s payout ratio is presently 54.70%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WM shares. Wolfe Research started coverage on Waste Management in a research report on Friday, March 13th. They set a “peer perform” rating on the stock. JPMorgan Chase & Co. boosted their price objective on Waste Management from $265.00 to $270.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Waste Management in a research note on Wednesday, May 27th. Robert W. Baird boosted their price objective on Waste Management from $248.00 to $260.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Finally, Barclays boosted their price objective on Waste Management from $266.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Fifteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $255.30.

Read Our Latest Research Report on WM

About Waste Management

(Free Report)

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.