Diamond Hill Capital Management LLC Investment Advisor Has $262.14 Million Holdings in Waste Management, Inc. $WM

Posted by Brian Himes on Aug 20th, 2026

Diamond Hill Capital Management LLC Investment Advisor cut its holdings in Waste Management, Inc. (NYSE:WM – Free Report) by 25.5% during the second quarter, Holdings Channel.com reports. The fund owned 1,176,163 shares of the business services provider’s stock after selling 402,925 shares during the period. Waste Management comprises about 2.1% of Diamond Hill Capital Management LLC Investment Advisor’s holdings, making the stock its 9th largest holding. Diamond Hill Capital Management LLC Investment Advisor’s holdings in Waste Management were worth $262,143,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. RHL Group LLC acquired a new position in shares of Waste Management in the 4th quarter valued at $29,000. Financial Network Wealth Advisors LLC boosted its position in shares of 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 worth $29,000 after purchasing an additional 47 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in shares of Waste Management during the fourth quarter worth $29,000. JPL Wealth Management LLC bought a new stake in Waste Management in the third quarter valued at about $30,000. Finally, Main Street Group LTD acquired a new position in Waste Management in the first quarter valued at about $31,000. Institutional investors and hedge funds own 80.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. TD Cowen raised their target price on Waste Management from $270.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Weiss Ratings raised Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 7th. Royal Bank Of Canada increased their price target on shares of Waste Management from $240.00 to $244.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Barclays boosted their price objective on shares of Waste Management from $270.00 to $277.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Finally, Citigroup upped their target price on shares of Waste Management from $263.00 to $269.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Thirteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Waste Management currently has an average rating of “Moderate Buy” and an average price target of $258.89.

View Our Latest Analysis on WM

Waste Management Stock Up 0.7%

Shares of Waste Management stock opened at $225.05 on Thursday. The company has a market capitalization of $89.95 billion, a P/E ratio of 31.88, a price-to-earnings-growth ratio of 2.75 and a beta of 0.44. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.91 and a quick ratio of 0.87. The business has a 50-day moving average of $227.84 and a two-hundred day moving average of $227.77. Waste Management, Inc. has a 1 year low of $194.11 and a 1 year high of $248.13.

Waste Management (NYSE:WM – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.02 earnings per share for the quarter, beating 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 business had revenue of $6.68 billion for the quarter, compared to analysts’ expectations of $6.71 billion. During the same quarter in the previous year, the business posted $1.92 EPS. Waste Management’s revenue for the quarter was up 4.0% on a year-over-year basis. As a group, equities analysts predict that Waste Management, Inc. will post 8.14 EPS for the current year.

Key Waste Management News

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

Positive Sentiment: Waste Management has generated a 58.6% total stock gain over the past five years, reflecting the company’s defensive business profile and relatively consistent long-term performance. Its discounted-cash-flow valuation was described as approximately in line with the share price, which may support the view that the stock is not materially overvalued under cash-flow assumptions. Where Does Waste Management (WM) Value Sit After A 59% Gain?
Neutral Sentiment: Recent “waste management stocks” coverage provides general sector context but does not identify a new development specific to Waste Management that would materially change its earnings outlook. Waste Management Stocks To Consider – August 15th
Negative Sentiment: The valuation analysis flags a low value score and indicates that earnings-based multiples place WM at a premium. With the stock trading near its 50-day and 200-day averages and at a forward earnings valuation that is not inexpensive, concerns about limited upside or elevated valuation could weigh on investor enthusiasm.

Waste Management Company 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.