California State Teachers Retirement System Reduces Holdings in Waste Management, Inc. $WM

Posted by on Jul 30th, 2026

California State Teachers Retirement System lowered its stake in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 3.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 464,922 shares of the business services provider’s stock after selling 15,009 shares during the quarter. California State Teachers Retirement System owned about 0.12% of Waste Management worth $106,834,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Elevated Capital Advisors LLC acquired a new position in shares of Waste Management in the 4th quarter valued at $25,000. RHL Group LLC acquired a new stake in Waste Management during the 4th quarter worth about $29,000. Financial Network Wealth Advisors LLC grew its stake in Waste Management by 55.3% during 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 during the last quarter. Mcguire Capital Advisors Inc. acquired a new position in shares of Waste Management in the fourth quarter valued at about $29,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Waste Management in the third quarter worth about $30,000. 80.40% of the stock is currently owned by institutional investors and hedge funds.

More Waste Management News

Here are the key news stories impacting Waste Management this week:

  • Positive Sentiment: WM reported second-quarter adjusted earnings of $2.02 per share, above the roughly $1.98-$1.99 consensus and up from $1.92 a year earlier. Pricing actions and efficiency improvements supported profitability and margins. WM Earnings Beat on Pricing in Q2, Revenues Miss Estimates
  • Positive Sentiment: Revenue increased 4% year over year to $6.684 billion, while adjusted operating results and operating EBITDA also improved from the prior-year period. The earnings call highlighted pricing as an important driver of performance. WM Announces Second Quarter 2026 Earnings
  • Neutral Sentiment: Management’s second-quarter results were broadly resilient, but investors are focused on whether pricing and cost controls can continue to offset weaker volumes. The full earnings call provides additional context on demand, margins and the company’s outlook. Waste Management Q2 2026 Earnings Call Transcript
  • Negative Sentiment: Quarterly revenue of $6.684 billion was slightly below the approximately $6.71 billion analyst estimate, with softer collection volumes offsetting pricing gains. That raises concerns about underlying volume growth. Waste Management Posts Q2 Sales in Line With Estimates
  • Negative Sentiment: WM forecast fiscal 2026 revenue of approximately $26.3 billion to $26.5 billion, implying a midpoint modestly below the $26.5 billion consensus. The cautious outlook likely limited the benefit of the earnings beat. Waste Management Posts Q2 Sales in Line With Estimates
  • Negative Sentiment: Erste Group marginally reduced its fiscal 2026 EPS estimate to $8.15 from $8.16, signaling limited near-term expectations for earnings upside. Waste Management Analyst Estimate Update

Wall Street Analyst Weigh In

WM has been the subject of a number of research reports. Royal Bank Of Canada lifted their target price on Waste Management from $235.00 to $240.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Robert W. Baird raised their price target on shares of Waste Management from $248.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Barclays lifted their price objective on shares of Waste Management from $266.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. TD Cowen increased their price objective on shares of Waste Management from $270.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Canadian Imperial Bank of Commerce raised shares of Waste Management from a “hold” rating to an “outperformer” rating and set a $244.00 target price for the company in a report on Tuesday, July 7th. Fourteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Waste Management presently has an average rating of “Moderate Buy” and an average price target of $257.22.

Read Our Latest Research Report on Waste Management

Waste Management Stock Down 1.0%

WM stock opened at $237.12 on Thursday. Waste Management, Inc. has a one year low of $194.11 and a one year high of $248.13. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.89 and a current ratio of 0.93. The firm’s fifty day moving average is $225.18 and its 200 day moving average is $227.56. The firm has a market cap of $95.22 billion, a PE ratio of 33.59, a P/E/G ratio of 2.91 and a beta of 0.44.

Waste Management (NYSE:WM – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.04. The business had revenue of $6.68 billion during the quarter, compared to the consensus estimate of $6.71 billion. Waste Management had a net margin of 11.11% and a return on equity of 31.74%. The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.92 earnings per share. On average, research analysts forecast that Waste Management, Inc. will post 8.16 EPS for the current year.

Waste Management Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were issued a $0.945 dividend. This represents a $3.78 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, June 5th. Waste Management’s payout ratio is presently 54.70%.

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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