Waste Management
About: WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 263 active landfills and about 332 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
Employees: 48,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
16% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 107
10% more repeat investments, than reductions
Existing positions increased: 774 | Existing positions reduced: 703
1% less funds holding
Funds holding: 1,968 [Q2] → 1,952 (-16) [Q3]
3.29% less ownership
Funds ownership: 82.9% [Q2] → 79.62% (-3.29%) [Q3]
7% less capital invested
Capital invested by funds: $70.9B [Q2] → $65.8B (-$5.1B) [Q3]
25% less call options, than puts
Call options by funds: $259M | Put options by funds: $347M
28% less funds holding in top 10
Funds holding in top 10: 50 [Q2] → 36 (-14) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Stifel Michael Hoffman 46% 1-year accuracy 11 / 24 met price target | 19%upside $252 | Buy Maintained | 11 Dec 2024 |
CIBC Kevin Chiang 25% 1-year accuracy 2 / 8 met price target | 11%upside $235 | Neutral Maintained | 4 Dec 2024 |
Oppenheimer Noah Kaye 63% 1-year accuracy 36 / 57 met price target | 9%upside $231 | Outperform Maintained | 5 Nov 2024 |
Argus Research David Coleman 25% 1-year accuracy 2 / 8 met price target | 13%upside $240 | Buy Maintained | 31 Oct 2024 |
Morgan Stanley Jeffrey Goldstein 0 / 0 met price target | 7%upside $227 | Equal-Weight Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 8 articles about WM published over the past 30 days