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, industrial, and medical end markets and is also a leading recycler in North America.
Employees: 48,000
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
10% more repeat investments, than reductions
Existing positions increased: 774 | Existing positions reduced: 701
1% less funds holding
Funds holding: 1,966 [Q2] → 1,947 (-19) [Q3]
3.27% less ownership
Funds ownership: 82.47% [Q2] → 79.21% (-3.27%) [Q3]
7% less capital invested
Capital invested by funds: $70.5B [Q2] → $65.4B (-$5.08B) [Q3]
13% less first-time investments, than exits
New positions opened: 122 | Existing positions closed: 141
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
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$219
6%
upside
Avg. target
$231
12%
upside
High target
$252
22%
upside
11 analyst ratings
4 positive
36%
7 neutral
64%
0 negative
0%
Stifel Michael Hoffman 52% 1-year accuracy 13 / 25 met price target | 22%upside $252 | Buy Maintained | 11 Dec 2024 |
CIBC Kevin Chiang 38% 1-year accuracy 3 / 8 met price target | 14%upside $235 | Neutral Maintained | 4 Dec 2024 |
Oppenheimer Noah Kaye 65% 1-year accuracy 39 / 60 met price target | 12%upside $231 | Outperform Maintained | 5 Nov 2024 |
Argus Research David Coleman 25% 1-year accuracy 2 / 8 met price target | 17%upside $240 | Buy Maintained | 31 Oct 2024 |
Morgan Stanley Jeffrey Goldstein 0 / 0 met price target | 10%upside $227 | Equal-Weight Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 17 articles about WM published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Here are 3 Waste Removal Services Stocks to Watch Amid Industry Woes
The Zacks Waste Removal Services industry is anticipated to gain from the surging need for ESG Goals, technological advancements and innovation in WTE technology. RSG, WCN and WM are positioned to benefit from rising demands.
Neutral
Business Wire
3 days ago
WM Sets Date for Fourth Quarter and Full-Year 2024 Earnings Release Conference Call
HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) announced that it will release fourth quarter and full-year 2024 financial results after the close of the market on Wednesday, Jan. 29, 2025 and host its investor conference call Thursday, Jan. 30, 2025 at 10 a.m. ET. Listeners can access a live audio webcast of the conference call by visiting investors.wm.com and selecting “Events & Presentations” from the website menu. A replay of the audio webcast will be available at the same location following th.
Neutral
Zacks Investment Research
4 days ago
Waste Management (WM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Waste Management (WM) reachead $209 at the closing of the latest trading day, reflecting a -1.25% change compared to its last close.
Positive
Seeking Alpha
4 days ago
Waste Management: Good Growth Prospects And Attractively Valued
Waste Management, Inc. has strong growth prospects driven by pricing power, Stericycle acquisition, and investments in recycling and renewable natural gas projects. Margins are expected to improve due to favorable price/cost dynamics, cost optimization, automation, and cost synergies from the Stericycle acquisition. The stock is trading at a discount compared to historical averages and peers, making it an attractive Buy given its growth potential.
Neutral
Business Wire
5 days ago
WM Announces 10% Dividend Rate Increase for 2025
HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced that its Board of Directors has approved a 10.0% increase in the planned quarterly dividend rate for 2025, from $0.75 to $0.825 per share. This increase brings the annual dividend rate to $3.30 per share, up from $3.00, and marks the company's twenty-second consecutive year of dividend increases. “Our operating and financial results showcase the power of our business to generate strong and consistent cash flow, which positions us to fund a.
Neutral
Business Wire
5 days ago
Heartland to Drive Greater Awareness of Vital Waste Management Solutions in 2025
MURFREESBORO, Tenn.--(BUSINESS WIRE)--Heartland, an industry-recognized, end-to-end waste solutions provider that has operated at the intersection of water, renewable energy and resource recovery since 2008, is increasing efforts to raise awareness of vital waste management solutions as the nation prepares for a change in administration. The company anticipates that demand for its cutting-edge technologies will continue to increase, driven by environmental necessity, litigation, organizational.
Positive
WSJ
1 week ago
Waste Management Keeps Focus on Renewable Energy, CEO Says
Waste Management remains committed to growing its renewable-energy business as it prepares for what Chief Executive Jim Fish sees as a big surge in demand for energy over the next decade.
Positive
Zacks Investment Research
2 weeks ago
Here's Why Waste Management (WM) is a Strong Growth Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Neutral
GlobeNewsWire
2 weeks ago
South Africa Solid Waste Management Report 2024: Rising Waste & Landfill Limits Create Growth Opportunities for Private Firms in Composting, Recycling & Waste-to-Energy Partnerships with Government.
The report profiles 19 companies including major foreign-owned players such as EnviroServ, Interwaste and Averda, medical waste companies such as Compass Medical Waste Services, e-waste companies such as EWaste Africa, and municipal companies such as Pikitup. The report profiles 19 companies including major foreign-owned players such as EnviroServ, Interwaste and Averda, medical waste companies such as Compass Medical Waste Services, e-waste companies such as EWaste Africa, and municipal companies such as Pikitup.
Neutral
GlobeNewsWire
2 weeks ago
Food Waste Management Market Size to Reach USD 106 Billion By 2031 | SkyQuest Technology
Westford, USA, Dec. 05, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global food waste management market share will reach a value of USD 106 Billion by 2031, with a CAGR of 5.4% during the forecast period (2024-2031). The food waste management market growth is driven by the growing population and increasing levels of production and consumption. Further, the market growth has increased due to shifts in consumer preferences and tastes. Thus, in many countries such as South Africa, United Arab Emirates, and Saudi Arabia, the COVID-19 pandemic poses a serious threat to food security and nutrition. Supply chain disruptions due to roadblocks, transit restrictions, and quarantining processes helped promote the market. Delays due to such factors, especially witnessed skyrocketing food wastage cases, particularly for perishable agricultural products such as fruits, vegetables, fish, meat, and dairy.
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