State Street Corp Has $3.82 Billion Holdings in Waste Management, Inc. $WM

Posted by Brenda Bartman on Jun 13th, 2026

State Street Corp lifted its holdings in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 1.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 17,390,748 shares of the business services provider’s stock after acquiring an additional 281,456 shares during the quarter. State Street Corp’s holdings in Waste Management were worth $3,820,921,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Elevated Capital Advisors LLC acquired a new position in Waste Management in the fourth quarter valued at $25,000. RHL Group LLC acquired a new position in shares of Waste Management during the fourth quarter valued at about $29,000. JPL Wealth Management LLC acquired a new position in shares of Waste Management during the third quarter valued at about $30,000. Kelleher Financial Advisors acquired a new position in shares of Waste Management during the fourth quarter valued at about $31,000. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of Waste Management during the fourth quarter valued at about $34,000. Institutional investors and hedge funds own 80.40% of the company’s stock.

Waste Management Trading Up 0.2%

NYSE:WM opened at $219.12 on Friday. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.93 and a quick ratio of 0.89. The firm has a 50-day moving average of $222.77 and a 200-day moving average of $224.68. The company has a market cap of $87.99 billion, a PE ratio of 31.71, a PEG ratio of 2.29 and a beta of 0.45. Waste Management, Inc. has a one year low of $194.11 and a one year high of $248.13.

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. The company had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.28 billion. Waste Management had a net margin of 10.99% and a return on equity of 31.90%. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.67 earnings per share. As a group, equities research analysts expect that Waste Management, Inc. will post 8.15 EPS for the current fiscal year.

Waste Management Announces Dividend

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

Wall Street Analyst Weigh In

WM has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective 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. Wolfe Research initiated coverage on shares of Waste Management in a report on Friday, March 13th. They set a “peer perform” rating on the stock. TD Cowen upped their price objective on shares of Waste Management from $270.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Weiss Ratings lowered shares of Waste Management from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Finally, Wells Fargo & Company dropped their price objective on shares of Waste Management from $273.00 to $268.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Fifteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $255.30.

View 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.