Sterling Capital Management LLC Sells 15,197 Shares of Waste Management, Inc. $WM

Posted by on Jun 27th, 2026

Sterling Capital Management LLC lowered its position in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 4.8% in the first quarter, Holdings Channel reports. The institutional investor owned 299,601 shares of the business services provider’s stock after selling 15,197 shares during the period. Waste Management accounts for 1.3% of Sterling Capital Management LLC’s holdings, making the stock its 10th biggest holding. Sterling Capital Management LLC’s holdings in Waste Management were worth $68,845,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Elevated Capital Advisors LLC acquired a new position in shares of Waste Management during the fourth quarter worth about $25,000. RHL Group LLC acquired a new stake in Waste Management in the fourth quarter valued at about $29,000. Financial Network Wealth Advisors LLC boosted its holdings in Waste Management by 55.3% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 132 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 47 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new position in Waste Management during the 4th quarter worth approximately $29,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Waste Management during the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Waste Management Stock Performance

NYSE WM opened at $226.12 on Friday. The business has a 50 day moving average price of $220.19 and a 200 day moving average price of $224.89. The company has a market capitalization of $90.80 billion, a P/E ratio of 32.72, a PEG ratio of 2.33 and a beta of 0.45. Waste Management, Inc. has a 1-year low of $194.11 and a 1-year high of $248.13. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.93 and a quick ratio of 0.89.

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 analysts’ consensus estimates of $1.75 by $0.06. The company had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $6.28 billion. Waste Management had a return on equity of 31.90% and a net margin of 10.99%.Waste Management’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.67 earnings per share. Sell-side analysts expect that Waste Management, Inc. will post 8.15 EPS for the current fiscal year.

Waste Management Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Royal Bank Of Canada lifted their price target on Waste Management from $235.00 to $240.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. increased their price objective on Waste Management from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Friday, April 10th. Wolfe Research began coverage on shares of Waste Management in a research report on Friday, March 13th. They set a “peer perform” rating on the stock. Wells Fargo & Company lowered their price target on shares of Waste Management from $273.00 to $268.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, TD Cowen increased their price target 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. Fifteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $255.30.

Check Out Our Latest Stock Analysis on Waste Management

Waste Management Profile

(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.

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Institutional Ownership by Quarter for Waste Management (NYSE:WM)

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