Waste Connections, Inc. $WCN Stock Position Increased by TD Waterhouse Canada Inc.

Posted by George Bondi on Oct 17th, 2026

TD Waterhouse Canada Inc. increased its holdings in Waste Connections, Inc. (NYSE:WCN – Free Report) by 8.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 927,997 shares of the business services provider’s stock after buying an additional 68,624 shares during the period. TD Waterhouse Canada Inc. owned 0.37% of Waste Connections worth $139,046,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. XXEC Inc. bought a new stake in Waste Connections during the 2nd quarter valued at $164,870,000. BlackRock Inc. purchased a new stake in shares of Waste Connections during the second quarter worth $1,061,947,000. The Manufacturers Life Insurance Company bought a new position in shares of Waste Connections in the second quarter worth $589,671,000. Bank of America Corp DE bought a new position in shares of Waste Connections in the second quarter worth $510,526,000. Finally, Wellington Management Group LLP bought a new position in shares of Waste Connections in the second quarter worth $477,944,000. 86.09% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Waste Connections

In related news, SVP Philip Rivard sold 2,500 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $166.57, for a total transaction of $416,425.00. Following the completion of the transaction, the senior vice president directly owned 734 shares in the company, valued at $122,262.38. The trade was a 77.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Robert Cloninger sold 2,811 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $171.02, for a total value of $480,737.22. Following the transaction, the senior vice president owned 11,666 shares of the company’s stock, valued at approximately $1,995,119.32. The trade was a 19.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.27% of the stock is currently owned by company insiders.

Waste Connections Price Performance

NYSE WCN traded up $2.19 on Friday, hitting $167.70. The stock had a trading volume of 2,271,191 shares, compared to its average volume of 1,761,317. The firm has a 50-day moving average of $160.83 and a 200-day moving average of $161.34. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.66 and a current ratio of 0.66. Waste Connections, Inc. has a 52-week low of $146.89 and a 52-week high of $179.74. The company has a market capitalization of $42.09 billion, a price-to-earnings ratio of 40.41, a price-to-earnings-growth ratio of 2.90 and a beta of 0.49.

Waste Connections (NYSE:WCN – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $1.50 EPS for the quarter, beating the consensus estimate of $1.35 by $0.15. The firm had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.51 billion. Waste Connections had a net margin of 10.86% and a return on equity of 17.31%. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm earned $1.29 EPS. Equities analysts expect that Waste Connections, Inc. will post 5.65 EPS for the current year.

Waste Connections Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.40 annualized dividend and a yield of 0.8%. Waste Connections’s dividend payout ratio (DPR) is currently 33.73%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on WCN shares. Wolfe Research assumed coverage on Waste Connections in a research report on Tuesday, September 15th. They issued an “outperform” rating and a $204.00 price target for the company. Raymond James Financial set a $189.00 price objective on Waste Connections in a report on Friday, October 9th. Scotiabank set a $193.00 price objective on Waste Connections in a report on Thursday. TD Cowen restated a “buy” rating and issued a $210.00 target price (up from $200.00) on shares of Waste Connections in a research note on Friday, July 24th. Finally, Barclays lifted their target price on Waste Connections from $180.00 to $187.00 and gave the company an “equal weight” rating in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $198.61.

Read Our Latest Report on Waste Connections

About Waste Connections

(Free Report)

Waste Connections, Inc is a North American provider of solid waste collection, transfer, disposal, recycling and resource recovery services. The company serves residential, commercial, industrial and construction customers through local operations and provides services under municipal and other contracted arrangements.

Its business includes curbside and commercial waste collection, transfer stations, solid waste landfills, recycling facilities and organics processing. Waste Connections also provides environmental services for energy-producing customers, including the management and disposal of non-hazardous oilfield waste, and operates resource recovery and renewable energy projects in connection with certain waste facilities.

Founded in 1997, Waste Connections serves communities across the United States and Canada.