RBA Wealth Management LLC trimmed its holdings in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 9.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,816 shares of the business services provider’s stock after selling 2,953 shares during the period. Waste Management accounts for about 2.4% of RBA Wealth Management LLC’s holdings, making the stock its 12th largest holding. RBA Wealth Management LLC’s holdings in Waste Management were worth $6,423,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the business. Elevated Capital Advisors LLC acquired a new position in Waste Management in the fourth quarter valued at approximately $25,000. RHL Group LLC acquired a new stake in Waste Management during the fourth quarter worth approximately $29,000. Financial Network Wealth Advisors LLC lifted its position in shares of 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 worth $29,000 after buying an additional 47 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new position in shares of Waste Management in the 4th quarter valued at $29,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Waste Management in the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 80.40% of the company’s stock.
Waste Management Trading Up 0.2%
NYSE WM opened at $224.73 on Friday. The firm’s fifty day moving average is $227.62 and its two-hundred day moving average is $227.88. 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 2.24, a quick ratio of 0.87 and a current ratio of 0.91. The firm has a market cap of $89.83 billion, a PE ratio of 31.83, a P/E/G ratio of 2.76 and a beta of 0.44.
More Waste Management News
Here are the key news stories impacting Waste Management this week:
- Positive Sentiment: Higher margins, pricing gains and stronger cash flow could help WM sustain earnings momentum even as operating conditions soften. Technology-driven efficiencies, including benefits from the Stericycle integration, and the company’s consistent dividend also support the long-term investment case. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
- Positive Sentiment: WM’s recent earnings performance exceeded analysts’ EPS expectations, while revenue continued to grow year over year. These results reinforce the potential for margin expansion and disciplined pricing to offset slower volume growth.
- Neutral Sentiment: WM has lagged the broader market rally, prompting some investors to view the stock as a potential opportunity for defensive, income-oriented portfolios. However, the investment case depends on continued execution rather than a clear near-term catalyst. Waste Management Fell Behind the Rally. Is It an Opportunity?
- Negative Sentiment: WM lowered its 2026 revenue outlook because of softer volumes. Investors are watching whether margin improvements, pricing and cash flow can fully offset weaker demand. WM’s 2026 Outlook Tests Whether Margin Gains Can Offset Softer Volumes
- Negative Sentiment: A premium earnings multiple, substantial debt and weak liquidity metrics increase downside risk if growth or integration benefits disappoint. With shares trading near their moving averages and valuation still rich, investors may demand continued earnings execution. Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
Wall Street Analyst Weigh In
Several equities research analysts recently commented on the stock. Canadian Imperial Bank of Commerce lowered shares of Waste Management from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. TD Cowen lifted their target price on Waste Management from $270.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings raised Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 7th. Citigroup raised their price target on Waste Management from $263.00 to $269.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Finally, Scotiabank boosted their price objective on Waste Management from $250.00 to $260.00 and gave the company a “sector perform” rating in a research note on Thursday, July 16th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Waste Management has a consensus rating of “Moderate Buy” and an average target price of $258.89.
Get Our Latest Stock Report on Waste Management
Waste Management Profile
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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