Waste Management (NYSE:WM) Given New $235.00 Price Target at Royal Bank Of Canada

30 Jan 2026, 13:28 by Amy Steele · The Cerbat Gem

Waste Management (NYSE:WM – Get Free Report) had its price target hoisted by analysts at Royal Bank Of Canada from $223.00 to $235.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “sector perform” rating on the business services provider’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 7.33% from the stock’s previous close.

A number of other equities research analysts also recently commented on WM. Stifel Nicolaus upped their price objective on Waste Management from $236.00 to $252.00 and gave the company a “buy” rating in a report on Friday. Truist Financial set a $260.00 price objective on shares of Waste Management in a research note on Wednesday, October 29th. DZ Bank began coverage on shares of Waste Management in a research note on Tuesday, November 25th. They issued a “buy” rating and a $250.00 target price for the company. Sanford C. Bernstein boosted their price target on shares of Waste Management from $255.00 to $260.00 and gave the company an “outperform” rating in a report on Monday, January 5th. Finally, UBS Group upgraded shares of Waste Management from a “neutral” rating to a “buy” rating and upped their price objective for the company from $225.00 to $260.00 in a research report on Friday, January 9th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $252.76.

Check Out Our Latest Stock Analysis on WM

Waste Management Trading Down 1.9%

WM stock traded down $4.18 during midday trading on Friday, reaching $218.95. The stock had a trading volume of 1,091,332 shares, compared to its average volume of 2,170,579. The company has a quick ratio of 0.80, a current ratio of 0.84 and a debt-to-equity ratio of 2.36. Waste Management has a twelve month low of $194.11 and a twelve month high of $242.58. The firm has a market cap of $88.21 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 2.60 and a beta of 0.59. The business has a fifty day simple moving average of $219.14 and a two-hundred day simple moving average of $219.32.

Waste Management (NYSE:WM – Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The business services provider reported $1.93 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.02). The business had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.39 billion. Waste Management had a net margin of 10.74% and a return on equity of 33.22%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.70 earnings per share. As a group, research analysts expect that Waste Management will post 7.7 EPS for the current fiscal year.

Insider Transactions at Waste Management

In other Waste Management news, SVP Rafael Carrasco sold 1,380 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was 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 in the company, valued at $3,373,112.40. This represents a 8.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.18% of the company’s stock.

Institutional Investors Weigh In On Waste Management

A number of institutional investors have recently made changes to their positions in WM. Norges Bank bought a new stake in Waste Management during the 2nd quarter worth approximately $1,064,206,000. Vontobel Holding Ltd. lifted its holdings in Waste Management by 444.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 2,206,026 shares of the business services provider’s stock worth $487,157,000 after buying an additional 1,800,728 shares during the period. Valeo Financial Advisors LLC increased its stake in shares of Waste Management by 15,782.4% in the second quarter. Valeo Financial Advisors LLC now owns 1,728,486 shares of the business services provider’s stock valued at $395,512,000 after buying an additional 1,717,603 shares during the period. Sustainable Growth Advisers LP raised its position in shares of Waste Management by 55.5% during the second quarter. Sustainable Growth Advisers LP now owns 2,897,636 shares of the business services provider’s stock worth $663,037,000 after acquiring an additional 1,034,258 shares during the last quarter. Finally, Capital International Investors boosted its holdings in Waste Management by 218.3% in the third quarter. Capital International Investors now owns 1,369,805 shares of the business services provider’s stock valued at $302,494,000 after acquiring an additional 939,455 shares during the last quarter. Institutional investors own 80.40% of the company’s stock.

Waste Management News Roundup

Here are the key news stories impacting Waste Management this week:

Positive Sentiment: Multiple broker upgrades and higher price targets — Stifel raised its target from $236 to $252 and put a “buy” rating on WM, and Wells Fargo raised its target to $250 with an “overweight” call; these lifts add buying pressure by increasing perceived upside. Benzinga
Positive Sentiment: TD Cowen reaffirmed a Buy and set a $270 target, signaling strong analyst conviction and giving investors a higher-stakes bull case for WM. TipRanks
Positive Sentiment: MarketBeat feature highlights durable demand, margin improvement, a 14% dividend increase and the company’s plan to resume ~$2B of buybacks this year — all supportive of long-term total return and a floor under the stock. MarketBeat
Neutral Sentiment: Industry research forecasts growth in related waste-management niches (e.g., solid control drilling waste management) through 2035 — positive for long-term demand but not an immediate earnings catalyst. GlobeNewswire
Neutral Sentiment: Comparative coverage (Veolia vs WM) and sector write-ups keep WM on investors’ screens; useful for relative-value buying but not a direct near-term mover. Zacks
Negative Sentiment: Q4 results missed expectations: EPS and revenue were slightly below consensus (EPS miss ~ $0.02 vs. MarketBeat/Zacks estimates), which triggered the initial intraday sell-off as analysts and traders re-priced near-term growth assumptions. MarketBeat Earnings
Negative Sentiment: Guidance and figures were slightly shy of Street expectations (FY revenue range vs. consensus), and commentary about near-term weather disruption (winter storm) raised short-term operational risk for collection/service continuity. Yahoo Finance
Negative Sentiment: Market reaction pieces and third‑party data (Quiver, Benzinga) highlighted larger-than-expected EPS and revenue misses in some feeds, plus limited insider selling disclosures — factors that can amplify downside in the short term. QuiverQuant

Waste Management Company Profile

(Get 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.