Waste Management (WM) company has been making multiple notable strides in the industry. It acquired the DC-area
WB Waste Solutions, and also underwent Management changes as it named
John Morris as the President.
JP Morgan gave the company a price target upgrade, following
positive Q1 reports. WM displayed confidence regarding the full year's outlook and its integration of
Stericycle, indicating growth from healthcare trends. WM has further shown bullish expressions as one analyst turned bullish and proposed
top 5 upgrades. The company declared a
quarterly dividend of $0.83 per share, attributing to its outperformance in Q1 2025 as a result of strong earnings. This success, along with possessing
83% institutional ownership, solid fundamentals, and remarkable ROE, has painted WM as an attractive pick for investment by the likes of the
Bill & Melinda Gates Foundation Trust and various hedge funds. Furthermore, WM recently unveiled a $72M facility in Texas to boost recycling, utilizing AI and optical sorting technology, and confirmed the open of four new recycling and RNG facilities. However, certain insiders did display hesitancy by recently selling demographical shares of WM.
Waste Management WM News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Fri, 23 May 2025 15:25:41 GMT -
Rating 8
- Innovation 6
- Rumor 8