North Dakota State Investment Board Buys Shares of 12,687 Waste Management, Inc. $WM

19 May 2026, 05:45 by Teresa Graham · The Cerbat Gem

North Dakota State Investment Board bought a new stake in shares of Waste Management, Inc. (NYSE:WM – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 12,687 shares of the business services provider’s stock, valued at approximately $2,787,000.

Other large investors also recently added to or reduced their stakes in the company. Elevated Capital Advisors LLC acquired a new position in Waste Management during the 4th quarter valued at about $25,000. Cornerstone Planning Group LLC lifted its position in Waste Management by 101.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 133 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 67 shares during the period. JPL Wealth Management LLC acquired a new position in Waste Management during the 3rd quarter valued at about $30,000. Kelleher Financial Advisors acquired a new position in Waste Management during the 4th quarter valued at about $31,000. Finally, Holos Integrated Wealth LLC acquired a new position in Waste Management during the 4th quarter valued at about $40,000. 80.40% of the stock is currently owned by institutional investors and hedge funds.

Waste Management Price Performance

Shares of WM opened at $222.78 on Tuesday. The stock has a market capitalization of $89.46 billion, a P/E ratio of 32.24, a P/E/G ratio of 2.30 and a beta of 0.49. Waste Management, Inc. has a twelve month low of $194.11 and a twelve month high of $248.13. The company has a 50 day moving average of $228.75 and a 200-day moving average of $223.12. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 2.22.

Waste Management (NYSE:WM – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $1.81 EPS for the quarter, beating the consensus estimate of $1.75 by $0.06. The company had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $6.28 billion. Waste Management had a return on equity of 31.90% and a net margin of 10.99%.The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.67 EPS. As a group, equities research analysts forecast that Waste Management, Inc. will post 8.15 EPS for the current fiscal year.

Waste Management Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, June 5th will be given a dividend of $0.945 per share. This represents a $3.78 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, June 5th. Waste Management’s payout ratio is 54.70%.

Insider Activity at Waste Management

In other Waste Management news, SVP Johnson Varkey sold 617 shares of Waste Management stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $244.13, for a total transaction of $150,628.21. Following the completion of the transaction, the senior vice president directly owned 9,607 shares of the company’s stock, valued at $2,345,356.91. The trade was a 6.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO John J. Morris sold 7,979 shares of Waste Management stock in a transaction on Friday, March 6th. The stock was sold at an average price of $245.07, for a total transaction of $1,955,413.53. Following the transaction, the chief operating officer directly owned 98,656 shares of the company’s stock, valued at approximately $24,177,625.92. This trade represents a 7.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 35,296 shares of company stock valued at $8,569,283. 0.18% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

WM has been the subject of a number of recent analyst reports. Wolfe Research initiated coverage on Waste Management in a research note on Friday, March 13th. They issued a “peer perform” rating for the company. Royal Bank Of Canada upped their price target on Waste Management from $235.00 to $240.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Oppenheimer upped their price target on Waste Management from $263.00 to $264.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. upped their price target on Waste Management from $265.00 to $270.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. Finally, Scotiabank reaffirmed a “sector perform” rating and issued a $250.00 price target (down from $254.00) on shares of Waste Management in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $255.67.

Check Out Our Latest Stock Analysis on WM

Waste Management Profile

(Free Report)

Waste Management, Inc (NYSE: WM) is a leading provider of integrated waste management and environmental services in North America. The company offers end-to-end solutions that span collection, transfer, disposal and recycling, along with landfill operations and related infrastructure. Headquartered in Houston, Texas, Waste Management serves a broad customer base that includes residential, commercial, industrial and municipal clients.