Leo Wealth LLC Purchases New Position in Waste Management, Inc. $WM

Posted by Stanley Muller on Oct 27th, 2026

Leo Wealth LLC purchased a new position in Waste Management, Inc. (NYSE:WM – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,277 shares of the business services provider’s stock, valued at approximately $668,000.

Other hedge funds have also recently bought and sold shares of the company. Main Street Group LTD purchased a new stake in shares of Waste Management in the 1st quarter worth about $31,000. Cape Investment Advisory Inc. acquired a new stake in Waste Management in the 2nd quarter valued at about $36,000. Markowski Investments purchased a new position in Waste Management during the 2nd quarter valued at about $38,000. Bogart Wealth LLC increased its holdings in Waste Management by 93.5% during the 1st quarter. Bogart Wealth LLC now owns 180 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 87 shares in the last quarter. Finally, Bayforest Capital Ltd acquired a new position in Waste Management during the second quarter worth about $41,000. 80.40% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Waste Management

In other news, CAO John Carroll sold 1,365 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $219.90, for a total transaction of $300,163.50. Following the transaction, the chief accounting officer directly owned 3,509 shares in the company, valued at $771,629.10. This represents a 28.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.18% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings raised shares of Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Wolfe Research started coverage on shares of Waste Management in a research report on Tuesday, September 15th. They issued a “peer perform” rating on the stock. Citigroup raised their price objective on shares of Waste Management from $263.00 to $269.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. UBS Group lifted their price objective on Waste Management from $265.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Finally, Morgan Stanley reduced their target price on Waste Management from $230.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 13th. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $256.06.

View Our Latest Research Report on WM

Waste Management Price Performance

Shares of NYSE:WM opened at $241.31 on Tuesday. The company has a market cap of $96.45 billion, a P/E ratio of 30.93, a P/E/G ratio of 3.06 and a beta of 0.42. The business has a fifty day simple moving average of $216.99 and a 200-day simple moving average of $224.77. Waste Management, Inc. has a 52 week low of $194.11 and a 52 week high of $248.13. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 2.24.

Waste Management (NYSE:WM – Get Free Report) last released its earnings results on Tuesday, July 28th. The business services provider reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.04. Waste Management had a return on equity of 31.68% and a net margin of 11.11%. The firm had revenue of $6.68 billion for the quarter, compared to the consensus estimate of $6.71 billion. During the same period in the prior year, the business posted $1.92 earnings per share. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. Equities research analysts forecast that Waste Management, Inc. will post 8.09 EPS for the current year.

Waste Management Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were paid a dividend of $0.9450 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.78 dividend on an annualized basis and a dividend yield of 1.6%. Waste Management’s dividend payout ratio is currently 53.54%.

Waste Management Profile

(Free Report)

Waste Management, Inc, doing business as WM (NYSE:WM), is an environmental services company that provides waste collection, transportation, disposal, recycling and resource-recovery services. The company serves residential, commercial, industrial and municipal customers through a network of collection operations, transfer stations, landfills, recycling facilities and other environmental infrastructure.

WM’s services include curbside and commercial waste collection, construction and demolition debris management, recycling, organics processing and landfill disposal.