Waste Management, Inc. $WM Stock: Northeast Investment Management Increases Position

Posted by Francis Steltz on Nov 5th, 2026

Northeast Investment Management lifted its stake in Waste Management, Inc. (NYSE:WM – Free Report) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 141,560 shares of the business services provider’s stock after purchasing an additional 2,108 shares during the period. Waste Management makes up 1.0% of Northeast Investment Management’s investment portfolio, making the stock its 28th largest holding. Northeast Investment Management’s holdings in Waste Management were worth $28,867,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Main Street Group LTD purchased a new position in Waste Management in the first quarter valued at about $31,000. Balance Wealth Partners LLC acquired a new stake in shares of Waste Management during the 3rd quarter valued at approximately $31,000. Cape Investment Advisory Inc. purchased a new stake in shares of Waste Management during the 2nd quarter worth approximately $36,000. Markowski Investments purchased a new stake in shares of Waste Management during the 2nd quarter worth approximately $38,000. Finally, Bogart Wealth LLC boosted its stake in shares of Waste Management by 93.5% during the 1st quarter. Bogart Wealth LLC now owns 180 shares of the business services provider’s stock worth $41,000 after acquiring an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

Waste Management Stock Up 1.5%

Shares of NYSE WM opened at $238.26 on Thursday. The firm’s 50-day moving average is $218.61 and its two-hundred day moving average is $225.41. The company has a market capitalization of $94.74 billion, a PE ratio of 31.27, a price-to-earnings-growth ratio of 3.05 and a beta of 0.38. Waste Management, Inc. has a 12-month low of $197.47 and a 12-month high of $248.13. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.82 and a quick ratio of 0.78.

Waste Management (NYSE:WM – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The business services provider reported $2.15 earnings per share for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.03). Waste Management had a return on equity of 31.97% and a net margin of 11.78%. The business had revenue of $6.85 billion for the quarter, compared to analysts’ expectations of $6.81 billion. During the same period last year, the business earned $1.98 earnings per share. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. Equities analysts anticipate that Waste Management, Inc. will post 8.05 EPS for the current fiscal year.

Waste Management Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a $0.9450 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $3.78 annualized dividend and a yield of 1.6%. Waste Management’s payout ratio is presently 49.61%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Canadian Imperial Bank of Commerce dropped their price objective on Waste Management from $250.00 to $225.00 and set a “neutral” rating for the company in a research note on Thursday, October 8th. Royal Bank Of Canada boosted their target price on Waste Management from $244.00 to $247.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 29th. Barclays upped their target price on Waste Management from $277.00 to $283.00 and gave the company an “overweight” rating in a report on Thursday, October 29th. Morgan Stanley dropped their price target on Waste Management from $230.00 to $220.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Finally, Citigroup lifted 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. Fourteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $257.89.

Read Our Latest Report on WM

Insider Transactions at Waste Management

In other Waste Management news, CAO John Carroll sold 1,365 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $219.90, for a total transaction of $300,163.50. Following the sale, the chief accounting officer directly owned 3,509 shares of the company’s stock, valued at $771,629.10. This trade represents a 28.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.18% of the company’s stock.

Waste Management Company 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.