WASTE MANAGEMENT Earnings Preview: Recent $WM Insider Trading, Hedge Fund Activity, and More

waste-management-earnings-preview:-recent-$wm-insider-trading,-hedge-fund-activity,-and-more

WASTE MANAGEMENT ($WM) is expected to release its quarterly earnings data on Monday, April 28th after market close, per Finnhub. Analysts are expecting revenue of $6,303,210,361 and earnings of $1.69 per share.

You can see Quiver Quantitative’s $WM stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

WASTE MANAGEMENT Insider Trading Activity

WASTE MANAGEMENT insiders have traded $WM stock on the open market 29 times in the past 6 months. Of those trades, 0 have been purchases and 29 have been sales.

Here’s a breakdown of recent trading of $WM stock by insiders over the last 6 months:

  • JAMES C JR FISH (Pres, Chief Executive Officer) sold 44,405 shares for an estimated $10,143,620
  • JOHN J MORRIS (EVP & Chief Operation Officer) has made 0 purchases and 2 sales selling 19,846 shares for an estimated $4,456,764.
  • DEVINA A RANKIN (EVP & CFO) has made 0 purchases and 3 sales selling 10,645 shares for an estimated $2,388,107.
  • TARA J. HEMMER (SVP & Chief Sustainability Off) has made 0 purchases and 3 sales selling 8,363 shares for an estimated $1,874,936.
  • MICHAEL J. WATSON (Sr. VP-Chief Customer Officer) has made 0 purchases and 3 sales selling 7,972 shares for an estimated $1,809,614.
  • RAFAEL CARRASCO (SVP of Enterprise Strategy) has made 0 purchases and 3 sales selling 5,621 shares for an estimated $1,268,859.
  • JOHN A. CARROLL (VP & Chief Accounting Officer) has made 0 purchases and 3 sales selling 1,507 shares for an estimated $339,754.
  • JOHNSON VARKEY (SVP-Chief Information Officer) has made 0 purchases and 3 sales selling 1,002 shares for an estimated $223,285.
  • CHARLES C BOETTCHER (EVP, Chief Legal Officer) sold 693 shares for an estimated $152,870
  • MARYROSE SYLVESTER sold 310 shares for an estimated $66,795
  • KIMBERLY G. STITH (SVP - Chief HR Officer) has made 0 purchases and 2 sales selling 249 shares for an estimated $55,702.
  • CHRISTOPHER P. DESANTIS (SVP Operations - East) has made 0 purchases and 2 sales selling 245 shares for an estimated $54,639.
  • DONALD J SMITH (Sr. VP - Operations) has made 0 purchases and 2 sales selling 234 shares for an estimated $52,158.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

WASTE MANAGEMENT Hedge Fund Activity

We have seen 981 institutional investors add shares of WASTE MANAGEMENT stock to their portfolio, and 794 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • CAPITAL WORLD INVESTORS removed 1,694,864 shares (-78.6%) from their portfolio in Q4 2024, for an estimated $342,006,606
  • CAPITAL RESEARCH GLOBAL INVESTORS added 1,184,905 shares (+250.1%) to their portfolio in Q4 2024, for an estimated $239,101,979
  • PARNASSUS INVESTMENTS, LLC added 1,151,237 shares (+22.5%) to their portfolio in Q4 2024, for an estimated $232,308,114
  • UBS GROUP AG added 733,192 shares (+47.4%) to their portfolio in Q4 2024, for an estimated $147,950,813
  • SUSTAINABLE GROWTH ADVISERS, LP removed 637,263 shares (-24.1%) from their portfolio in Q4 2024, for an estimated $128,593,300
  • BANK OF AMERICA CORP /DE/ removed 615,889 shares (-14.8%) from their portfolio in Q4 2024, for an estimated $124,280,241
  • LEGAL & GENERAL GROUP PLC removed 580,822 shares (-16.4%) from their portfolio in Q4 2024, for an estimated $117,204,071

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

WASTE MANAGEMENT Government Contracts

We have seen $4,946 of award payments to $WM over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

  • TRASH AND RECYCLE COLLECTION FOR COLUMBIA SITE: $4,946

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

WASTE MANAGEMENT Analyst Ratings

Wall Street analysts have issued reports on $WM in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

  • Citigroup issued a "Buy" rating on 02/03/2025
  • Raymond James issued a "Outperform" rating on 01/31/2025
  • Oppenheimer issued a "Outperform" rating on 01/31/2025
  • Goldman Sachs issued a "Buy" rating on 10/29/2024

To track analyst ratings and price targets for WASTE MANAGEMENT, check out Quiver Quantitative's $WM forecast page.

WASTE MANAGEMENT Price Targets

Multiple analysts have issued price targets for $WM recently. We have seen 5 analysts offer price targets for $WM in the last 6 months, with a median target of $225.0.

Here are some recent targets:

  • Kevin Chiang from CIBC set a target price of $228.0 on 10/30/2024
  • Devin Dodge from BMO Capital set a target price of $220.0 on 10/30/2024
  • Konark Gupta from Scotiabank set a target price of $225.0 on 10/30/2024
  • Tobey Sommer from Truist Financial set a target price of $250.0 on 10/29/2024
  • Michael Feniger from Bank of America Securities set a target price of $225.0 on 10/29/2024

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

This article was originally published on Quiver News, read the full story.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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