---
title: "Waste Management Shareholders Back Board, Pay and ESPP Plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286428413.md"
description: "Waste Management, Inc. shareholders supported the board by electing nine directors and ratifying Ernst & Young as auditors for 2026. They approved the executive compensation program and amended the Employee Stock Purchase Plan to increase share issuance. Analysts rate WM stock as a Buy with a $230 price target, citing strong fundamentals but noting weaker technical momentum. Waste Management is a leading provider of waste services in North America, focusing on sustainability and resource recovery, with a market cap of $87.4B."
datetime: "2026-05-14T13:39:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286428413.md)
  - [en](https://longbridge.com/en/news/286428413.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286428413.md)
---

# Waste Management Shareholders Back Board, Pay and ESPP Plan

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Waste Management ( (WM) ) has issued an announcement.

At Waste Management, Inc.’s annual stockholders meeting held on May 12, 2026, shareholders representing a strong majority of outstanding shares elected nine director nominees to the board, signaling continued support for the company’s existing leadership. Investors also ratified Ernst & Young LLP as independent auditor for the 2026 fiscal year and gave advisory approval to the firm’s executive compensation program, reinforcing confidence in its governance and pay practices.

Stockholders further approved an amendment and restatement of the company’s Employee Stock Purchase Plan to increase the number of shares authorized for issuance, enhancing an important equity-based benefit for employees and potentially strengthening workforce alignment with long-term shareholder interests. The broad backing across all proposals underscores investor endorsement of Waste Management’s strategic direction and operational oversight.

The most recent analyst rating on (WM) stock is a Buy with a $230.00 price target. To see the full list of analyst forecasts on Waste Management stock, see the WM Stock Forecast page.

**Spark’s Take on WM Stock**

According to Spark, TipRanks’ AI Analyst, WM is a Outperform.

The score is driven primarily by strong fundamentals and a constructive earnings update (solid EBITDA/FCF performance and reiterated guidance). These positives are tempered by weaker technical momentum (trading below key moving averages with negative MACD) and a premium valuation (P/E ~32) that leaves less room for error.

To see Spark’s full report on WM stock, click here.

**More about Waste Management**

Waste Management, Inc. is a leading North American provider of waste collection, recycling, and disposal services, operating extensive landfill, transfer, and recycling facilities. The company focuses on environmental services for residential, commercial, industrial, and municipal customers, positioning itself as a key player in the broader sustainability and resource-recovery market.

**Average Trading Volume:** 2,107,328

**Technical Sentiment Signal:** Hold

**Current Market Cap:** $87.4B

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