Groupama Asset Managment Sells 8,799 Shares of Waste Management, Inc. $WM

21 Mar 2026, 06:24 by Teresa Graham · The Cerbat Gem

Groupama Asset Managment trimmed its position in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 74.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,987 shares of the business services provider’s stock after selling 8,799 shares during the period. Groupama Asset Managment’s holdings in Waste Management were worth $660,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC increased its stake in shares of Waste Management by 101.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 133 shares of the business services provider’s stock worth $29,000 after purchasing an additional 67 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in Waste Management in the 3rd quarter valued at about $30,000. Loomis Sayles & Co. L P bought a new position in Waste Management during the second quarter worth about $40,000. Steigerwald Gordon & Koch Inc. bought a new position in Waste Management during the third quarter worth about $41,000. Finally, Costello Asset Management INC acquired a new position in Waste Management during the third quarter worth approximately $49,000. Institutional investors and hedge funds own 80.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WM. Stifel Nicolaus raised their price objective on Waste Management from $236.00 to $252.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Oppenheimer boosted their target price on Waste Management from $263.00 to $264.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Barclays cut their price target on Waste Management from $266.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. TD Cowen lifted their price objective on shares of Waste Management from $265.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Wells Fargo & Company increased their price objective on shares of Waste Management from $250.00 to $273.00 and gave the company an “overweight” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $254.59.

Read Our Latest Stock Report on Waste Management

Insider Transactions at Waste Management

In other Waste Management news, SVP Johnson Varkey sold 121 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $245.27, for a total transaction of $29,677.67. Following the transaction, the senior vice president owned 9,293 shares in the company, valued at $2,279,294.11. This represents a 1.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Donald J. Smith sold 12,194 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $233.48, for a total transaction of $2,847,055.12. Following the transaction, the vice president directly owned 6,024 shares in the company, valued at $1,406,483.52. This represents a 66.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 98,042 shares of company stock worth $23,039,777. Company insiders own 0.18% of the company’s stock.

Waste Management Stock Performance

Shares of NYSE WM opened at $231.18 on Friday. The company has a debt-to-equity ratio of 2.22, a current ratio of 0.89 and a quick ratio of 0.85. The firm has a market cap of $93.24 billion, a price-to-earnings ratio of 34.50, a P/E/G ratio of 2.47 and a beta of 0.57. The stock’s fifty day moving average price is $231.38 and its two-hundred day moving average price is $220.69. Waste Management, Inc. has a one year low of $194.11 and a one year high of $248.13.

Waste Management (NYSE:WM – Get Free Report) last posted its earnings results on Wednesday, January 28th. The business services provider reported $1.93 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.02). The firm had revenue of $6.31 billion for the quarter, compared to analyst estimates of $6.39 billion. Waste Management had a return on equity of 32.45% and a net margin of 10.74%.The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.70 EPS. On average, equities analysts forecast that Waste Management, Inc. will post 7.7 EPS for the current year.

Waste Management Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be paid a $0.945 dividend. This is a positive change from Waste Management’s previous quarterly dividend of $0.83. The ex-dividend date is Friday, March 13th. This represents a $3.78 annualized dividend and a yield of 1.6%. Waste Management’s dividend payout ratio is presently 56.42%.

About Waste Management

(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.