Erste Asset Management GmbH Purchases 10,500 Shares of Waste Connections, Inc. $WCN

Posted by Francis Steltz on Jun 10th, 2026

Erste Asset Management GmbH grew its position in shares of Waste Connections, Inc. (NYSE:WCN – Free Report) by 76.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 24,243 shares of the business services provider’s stock after acquiring an additional 10,500 shares during the quarter. Erste Asset Management GmbH’s holdings in Waste Connections were worth $4,325,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fiera Capital Corp boosted its position in shares of Waste Connections by 2.6% during the 4th quarter. Fiera Capital Corp now owns 2,764,876 shares of the business services provider’s stock valued at $485,067,000 after acquiring an additional 70,396 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Waste Connections by 37.1% during the 4th quarter. JPMorgan Chase & Co. now owns 4,763,742 shares of the business services provider’s stock valued at $835,370,000 after acquiring an additional 1,289,042 shares during the last quarter. Syon Capital LLC bought a new position in shares of Waste Connections during the 4th quarter valued at approximately $240,000. Capital International Sarl raised its holdings in Waste Connections by 137.5% during the 4th quarter. Capital International Sarl now owns 5,360 shares of the business services provider’s stock valued at $940,000 after buying an additional 3,103 shares during the period. Finally, Capital International Inc. CA raised its holdings in Waste Connections by 32.3% during the 4th quarter. Capital International Inc. CA now owns 161,247 shares of the business services provider’s stock valued at $28,276,000 after buying an additional 39,351 shares during the period. 86.09% of the stock is currently owned by institutional investors.

Waste Connections Stock Performance

NYSE:WCN opened at $157.63 on Wednesday. The stock’s fifty day moving average is $158.01 and its 200 day moving average is $165.46. Waste Connections, Inc. has a fifty-two week low of $146.89 and a fifty-two week high of $192.72. The firm has a market capitalization of $39.99 billion, a PE ratio of 38.45, a PEG ratio of 2.73 and a beta of 0.51. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.69 and a current ratio of 0.69.

Waste Connections (NYSE:WCN – Get Free Report) last released its earnings results on Wednesday, April 22nd. The business services provider reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.04. Waste Connections had a return on equity of 16.49% and a net margin of 10.97%.The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm posted $1.13 earnings per share. The business’s revenue was up 6.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Waste Connections, Inc. will post 5.5 earnings per share for the current year.

Waste Connections Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Wednesday, May 6th were paid a $0.35 dividend. The ex-dividend date was Wednesday, May 6th. This represents a $1.40 dividend on an annualized basis and a yield of 0.9%. Waste Connections’s dividend payout ratio (DPR) is presently 34.15%.

Insiders Place Their Bets

In other Waste Connections news, VP James Little sold 2,605 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $163.98, for a total value of $427,167.90. Following the sale, the vice president owned 34,395 shares in the company, valued at $5,640,092.10. This trade represents a 7.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Patrick James Shea sold 7,500 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $156.26, for a total value of $1,171,950.00. Following the completion of the sale, the vice president owned 19,737 shares in the company, valued at approximately $3,084,103.62. The trade was a 27.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 17,605 shares of company stock valued at $2,822,923. Insiders own 0.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Scotiabank set a $197.00 price target on Waste Connections and gave the company a “sector outperform” rating in a report on Friday, February 13th. The Goldman Sachs Group restated a “buy” rating and set a $211.00 price target on shares of Waste Connections in a report on Thursday, April 23rd. JPMorgan Chase & Co. increased their price target on Waste Connections from $195.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Morgan Stanley set a $205.00 price target on Waste Connections and gave the company an “overweight” rating in a report on Friday, February 13th. Finally, Wolfe Research assumed coverage on Waste Connections in a report on Friday, March 13th. They set an “outperform” rating and a $199.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Waste Connections has an average rating of “Moderate Buy” and an average price target of $202.84.

Read Our Latest Research Report on Waste Connections

About Waste Connections

(Free Report)

Waste Connections (NYSE: WCN) is a North American integrated waste services company that provides a range of solid waste and environmental services to municipal, commercial, industrial and residential customers. The company offers collection, transportation, transfer, disposal and recycling services, and operates an extensive network of transfer stations and disposal facilities. Waste Connections positions itself as a provider of infrastructure-driven waste solutions across many regions of the United States and Canada.

The company’s operating activities include routine curbside and commercial collection, roll-off and container services, operation of landfills and transfer stations, and recycling and resource recovery programs.