Waste Management (NYSE:WM) Stock Gets Price Target Reduction from BNP Paribas Exane

by · The Markets Daily

Waste Management (NYSE:WM – Free Report) had its price objective decreased by BNP Paribas Exane from $248.00 to $245.00 in a research note released on Thursday morning,Benzinga reports. BNP Paribas Exane currently has a neutral rating on the business services provider’s stock.

A number of other research analysts also recently commented on WM. Canadian Imperial Bank of Commerce reduced their price target on Waste Management from $250.00 to $225.00 and set a “neutral” rating for the company in a report on Thursday, October 8th. Weiss Ratings upgraded Waste Management from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Royal Bank Of Canada upped their target price on Waste Management from $240.00 to $244.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Stifel Nicolaus increased their target price on Waste Management from $252.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Raymond James Financial set a $251.00 price target on shares of Waste Management in a research report on Thursday. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Waste Management currently has a consensus rating of “Moderate Buy” and an average target price of $257.89.

View Our Latest Stock Report on WM

Waste Management Stock Performance

Shares of WM stock opened at $233.33 on Thursday. Waste Management has a 12 month low of $194.11 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 0.87. The firm has a market capitalization of $92.78 billion, a P/E ratio of 30.62, a P/E/G ratio of 3.02 and a beta of 0.42. The company’s fifty day moving average price is $217.85 and its two-hundred day moving average price is $225.13.

Waste Management (NYSE:WM – Get Free Report) last announced its earnings results on Tuesday, October 27th. The business services provider reported $2.15 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.03). Waste Management had a net margin of 11.78% and a return on equity of 31.97%. The business had revenue of $6.85 billion for the quarter, compared to analyst estimates of $6.81 billion. During the same quarter in the prior year, the business earned $1.98 earnings per share. The firm’s revenue was up 6.3% on a year-over-year basis. On average, research analysts anticipate that Waste Management will post 8.06 earnings per share for the current fiscal year.

Waste Management Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders 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 presently 49.61%.

Insider Buying and Selling

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 transaction, 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 ownership of the stock. 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.

Institutional Trading of Waste Management

Several institutional investors and hedge funds have recently bought and sold shares of WM. Morgan Stanley Institutional Investment Advisors LLC acquired a new position in Waste Management in the 2nd quarter valued at approximately $322,479,000. Danske Bank A S acquired a new stake in shares of Waste Management during the 2nd quarter valued at $146,053,000. BlackRock Inc. boosted its stake in shares of Waste Management by 1.8% during the 2nd quarter. BlackRock Inc. now owns 30,733,944 shares of the business services provider’s stock valued at $6,849,981,000 after buying an additional 535,079 shares during the period. State Street Corp grew its holdings in shares of Waste Management by 2.9% during the 2nd quarter. State Street Corp now owns 18,008,931 shares of the business services provider’s stock valued at $4,013,831,000 after acquiring an additional 507,209 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Waste Management by 90.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 806,172 shares of the business services provider’s stock valued at $185,250,000 after acquiring an additional 382,079 shares in the last quarter. Institutional investors and hedge funds own 80.40% of the company’s stock.

Trending Headlines about Waste Management

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

  • Positive Sentiment: Waste Management maintained its 2026 outlook and guided revenue and free cash flow toward the high ends of its ranges, reassuring investors that growth remains on track. Waste Management Could Be 9% Undervalued After High End Guidance Reaffirmed
  • Positive Sentiment: The healthcare business was a major growth driver, with operating EBITDA reportedly rising 33% year over year. Nine-month free cash flow also increased more than 42%, supporting capital returns and the company’s buyback program. WM Q3 Earnings Call Highlights Healthcare Gains and Volume Pressure
  • Positive Sentiment: Analysts raised their targets, including JPMorgan to $260 and Barclays to $283, while retaining overweight ratings. These revisions imply additional upside and reflect confidence in WM’s defensive cash flows and outlook. JPMorgan Waste Management Ratings
  • Neutral Sentiment: The upcoming CEO transition is attracting investor attention. Continuity in strategy and execution could support the stock, but leadership changes introduce uncertainty until further details are provided. Waste Management Earnings Call Signals Resilient Growth
  • Negative Sentiment: Slowing waste volumes and higher fuel costs are pressuring margins. Earlier reports that WM shares gapped lower and broke below the 200-day moving average reflected the market’s initial disappointment with earnings and operational trends. WM Q3 Earnings Call Highlights
  • Negative Sentiment: Income investors face a longer-term risk: although WM has raised its dividend annually since 2009, persistent volume weakness could constrain future increases. The stock also trades at a relatively premium earnings multiple. Can Waste Management Keep Raising Its Dividend for Decades?

Waste Management Company Profile

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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.

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