Waste Management (WM)

• Market cap: $87B
• 1 day: 0.12%
• 5 days: -1.75%
• 1 month: -3.69%
• 3 months: -7.42%
• 6 months: -4.41%
• Year to date: 7.67%
• 1 year: 6.95%
• 5 years: 87.32%
• 10 years: 332.79%
• Sector: Industrials
• Industry: Waste Management

About: WM ranks as the largest integrated provider of traditional solid waste and medical waste services in the United States, operating 262 active landfills, about 506 solid and medical waste transfer stations, and 105 recycling facilities. The company serves residential, commercial, industrial, and medical end markets and is also a leading recycler in North America.

Employees: 61,700

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

59% more first-time investments, than exits

New positions opened: 157 | Existing positions closed: 99

22% more call options, than puts

Call options by funds: $519M | Put options by funds: $424M

18% more repeat investments, than reductions

Existing positions increased: 911 | Existing positions reduced: 773

1% more funds holding

Funds holding: 2,171 [Q1] → 2,195 (+24) [Q2]

1.08% more ownership

Funds ownership: 79.68% [Q1] → 80.77% (+1.08%) [Q2]

0% more capital invested

Capital invested by funds: $74.2B [Q1] → $74.2B (+$28.3M) [Q2]

27% less funds holding in top 10

Funds holding in top 10: 63 [Q1] → 46 (-17) [Q2]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $229
• Avg. target: $257
• High target: $275

8 analyst ratings

• positive: 4 50%
• neutral: 4 50%
• negative: 0 0%

Citigroup Bryan Burgmeier	$268	Buy Maintained	17 Sep 2025
Scotiabank Konark Gupta	$275	Sector Outperform Maintained	31 Jul 2025
BMO Capital Devin Dodge	$248	Market Perform Maintained	30 Jul 2025
UBS Jon Windham	$265	Neutral Maintained	30 Jul 2025
Oppenheimer Noah Kaye	$265	Outperform Maintained	30 Jul 2025