Waste Management, Inc. $WM Stock Holdings Lowered by Sterling Capital Management LLC

Posted by Brian Himes on Oct 24th, 2026

Sterling Capital Management LLC trimmed its holdings in Waste Management, Inc. (NYSE:WM – Free Report) by 13.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208,754 shares of the business services provider’s stock after selling 31,165 shares during the quarter. Waste Management comprises about 0.9% of Sterling Capital Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Sterling Capital Management LLC owned about 0.05% of Waste Management worth $42,569,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in Waste Management by 1.8% in the second quarter. BlackRock Inc. now owns 30,733,944 shares of the business services provider’s stock worth $6,849,981,000 after purchasing an additional 535,079 shares during the period. State Street Corp lifted its holdings in shares of Waste Management by 2.9% during the second quarter. State Street Corp now owns 18,008,931 shares of the business services provider’s stock valued at $4,013,831,000 after purchasing an additional 507,209 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Waste Management by 1.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,121,427 shares of the business services provider’s stock valued at $695,704,000 after purchasing an additional 35,322 shares during the last quarter. Swedbank AB boosted its position in shares of Waste Management by 17.0% in the 1st quarter. Swedbank AB now owns 2,392,868 shares of the business services provider’s stock worth $549,857,000 after purchasing an additional 348,183 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Waste Management by 1.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,320,966 shares of the business services provider’s stock worth $533,340,000 after purchasing an additional 26,847 shares in the last quarter. 80.40% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Waste Management

In related news, CAO John Carroll sold 1,365 shares of Waste Management stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $219.90, for a total value of $300,163.50. Following the completion of the sale, the chief accounting officer directly owned 3,509 shares in the company, valued at approximately $771,629.10. This trade represents a 28.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.18% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have commented on WM. Barclays boosted their target price on Waste Management from $270.00 to $277.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Weiss Ratings upgraded Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Wolfe Research started coverage on Waste Management in a research report on Tuesday, September 15th. They issued a “peer perform” rating for the company. Scotiabank upped their price target on shares of Waste Management from $250.00 to $260.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 16th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Waste Management from $270.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday, October 8th. Thirteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $256.06.

Check Out Our Latest Stock Analysis on Waste Management

Waste Management Stock Up 0.2%

NYSE WM traded up $0.36 during mid-day trading on Friday, reaching $239.47. The stock had a trading volume of 2,767,559 shares, compared to its average volume of 2,369,899. The stock has a market cap of $95.72 billion, a PE ratio of 33.92, a price-to-earnings-growth ratio of 3.05 and a beta of 0.42. 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 2.24, a current ratio of 0.91 and a quick ratio of 0.87. The company has a fifty day moving average price of $216.88 and a 200 day moving average price of $222.33.

Waste Management (NYSE:WM – Get Free Report) last issued its earnings results on Tuesday, July 28th. The business services provider reported $2.02 EPS for the quarter, beating the consensus estimate of $1.98 by $0.04. The business had revenue of $6.68 billion for the quarter, compared to the consensus estimate of $6.71 billion. Waste Management had a return on equity of 31.68% and a net margin of 11.11%. The company’s revenue was up 4.0% compared to the same quarter last year. During the same period last year, the business posted $1.92 EPS. On average, research analysts expect that Waste Management, Inc. will post 8.09 earnings per share for the current year.

Waste Management Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were given a dividend of $0.9450 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.78 annualized dividend and a dividend yield of 1.6%. Waste Management’s dividend payout ratio (DPR) is 53.54%.

Waste Management Profile

(Free Report)

Waste Management, Inc, doing business as WM (NYSE:WM), is an environmental services company that provides waste collection, transportation, disposal, recycling and resource-recovery services. The company serves residential, commercial, industrial and municipal customers through a network of collection operations, transfer stations, landfills, recycling facilities and other environmental infrastructure.

WM’s services include curbside and commercial waste collection, construction and demolition debris management, recycling, organics processing and landfill disposal.