<div id="readability-page-1"><p>Reynders McVeigh Capital Management LLC decreased its position in  Waste Management, Inc. (NYSE:WM - Free Report) by 5.3% in the 2nd quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The institutional investor  owned 112,692 shares of the business services provider's stock after selling 6,363 shares during the period. Reynders McVeigh Capital Management LLC's holdings in Waste Management were worth $25,786,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Waste Management</strong> alerts:</span></p></div><ul><li>Oil Prices May Fall to $55 by 2026—Bad News for This Energy ETF</li></ul><p>A number of other institutional investors and hedge funds have also modified their holdings of WM. McAdam LLC boosted its position in shares of  Waste Management by 3.1% during the 1st quarter. McAdam LLC now owns 1,482 shares of the business services provider's stock valued at $343,000 after acquiring an additional 44 shares in the last quarter.  Syntegra Private Wealth Group LLC lifted its holdings in shares of  Waste Management by 2.0% during the second quarter. Syntegra Private Wealth Group LLC now owns 2,291 shares of the business services provider's stock valued at $524,000 after acquiring an additional 44 shares during the period.  Harbour Trust &amp; Investment Management Co grew its holdings in shares of  Waste Management by 1.1% in the 2nd quarter. Harbour Trust &amp; Investment Management Co now owns 4,120 shares of the business services provider's stock worth $943,000 after purchasing an additional 45 shares during the last quarter.  KWB Wealth increased its position in shares of  Waste Management by 1.3% during the 2nd quarter. KWB Wealth now owns 3,607 shares of the business services provider's stock worth $835,000 after purchasing an additional 47 shares in the last quarter.  Finally, D.B. Root &amp; Company LLC boosted its position in  Waste Management by 3.0% in the second quarter. D.B. Root &amp; Company LLC now owns 1,603 shares of the business services provider's stock valued at $367,000 after buying an additional 47 shares in the last quarter. 80.40% of the stock is currently owned by institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research firms have recently issued reports on WM. Scotiabank cut their target price on shares of Waste Management from $264.00 to $254.00 and set a &#34;sector outperform&#34; rating for the company in a research note on Wednesday, October 29th. Citigroup boosted their price objective on Waste Management from $268.00 to $270.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, October 29th. Barclays cut their price target on Waste Management from $271.00 to $266.00 and set an &#34;overweight&#34; rating for the company in a report on Wednesday, October 29th. Oppenheimer  reaffirmed an &#34;outperform&#34; rating and issued a $262.00 target price on shares of Waste Management in a research note on Wednesday, October 29th. Finally, Stifel Nicolaus lowered their price target on shares of Waste Management from $252.00 to $236.00 and set a &#34;buy&#34; rating for the company in a report on Wednesday, October 29th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Waste Management currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $249.14.</p><ul><li>Will 2026 Mark a Turnaround for Costco?</li></ul><p><b>Check Out Our Latest Stock Analysis on Waste Management</b></p><h2>Waste Management Trading Up 1.6%</h2><p>NYSE:WM opened at $215.49 on Monday. The business's 50-day moving average price is $211.26 and its two-hundred day moving average price is $221.73. The firm has a market capitalization of $86.81 billion, a price-to-earnings ratio of 33.94, a PEG ratio of 2.66 and a beta of 0.58. Waste Management, Inc. has a 1-year low of $194.11 and a 1-year high of $242.58. The company has a current ratio of 0.84, a quick ratio of 0.80 and a debt-to-equity ratio of 2.36. </p><ul><li>Will the S&amp;P 500 Rally in December? These 3 Signals Point to a Big Move Ahead</li></ul><p>Waste Management (NYSE:WM - Get Free Report) last issued its quarterly earnings data on Monday, October 27th. The business services provider reported $1.98 EPS for the quarter, missing the consensus estimate of $2.01 by ($0.03). Waste Management had a return on equity of 33.00% and a net margin of 10.35%.The business had revenue of $6.44 billion for the quarter, compared to analyst estimates of $6.51 billion. During the same period in the previous year, the business posted $1.96 EPS. The business's quarterly revenue was up 14.9% compared to the same quarter last year.  On average, equities analysts expect that  Waste Management, Inc. will post 7.7 earnings per share for the current year. </p><h2>Waste Management Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 5th will be given a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, December 5th. Waste Management's payout ratio is currently 51.97%. </p><h2>Insider Activity</h2><p>In other news, SVP Rafael Carrasco sold 1,380 shares of the business's stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $217.06, for a total value of $299,542.80. Following the sale, the senior vice president owned 15,540 shares of the company's stock, valued at $3,373,112.40. The trade was a 8.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.18% of the stock is owned by company insiders. </p><h2>Waste Management Profile</h2> (Free Report)<p>Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Waste Management</li><li>What is the Euro STOXX 50 Index?</li><li>3 Underrated Robotics Stocks Poised for Huge Gains</li><li>How to Calculate Inflation Rate</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>How to trade penny stocks: A step-by-step guide</li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li></ul><p><strong>Want to see what other hedge funds are holding WM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdN?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdN"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Waste Management Right Now?</h2><p>Before you consider Waste Management, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Waste Management wasn't on the list.</p><p>While Waste Management currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Reynders McVeigh Capital Management LLC reduced its stake in Waste Management, Inc. by 5.3% in Q2, now holding $25.79 million worth of shares. Other institutional investors also adjusted their holdings. Analysts have issued mixed ratings, with a consensus of 'Moderate Buy' and a target price of $249.14. Waste Management's recent earnings missed estimates slightly, with a reported EPS of $1.98.</p>

Reynders McVeigh Capital Management LLC Has $25.79 Million Stock Holdings in Waste Management, Inc. $WM