Recently, various institutional investors have been buying shares of Waste Management, Inc. (WM), such as Ascent Group LLC, MBB Public Markets I LLC, and Zimmer Partners LP. Meanwhile, some organizations like Sandler Capital Management and AQR Capital Management LLC have been trimming their positions in the company's shareholdings. WM plans to launch weekly food waste collections in Shasta County, CA and opened a $47M AI-Powered Recycling Facility in Portland, OR. Further, WM expects a projected revenue of up to $29 billion by 2027, primarily driven by recycling and RNG. However, some analysts have downgraded Waste Management to a 'Hold' rating, implying a mediocre return. Despite this, WM's stock remains a favorite among institutional investors owning a substantial 83% of the company. Lastly, the CFO of WM, Devina Rankin announced her retirement, creating a leadership shuffle in the company.
Waste Management WM News Analytics from Tue, 11 Mar 2025 07:00:00 GMT to Sat, 13 Sep 2025 23:59:40 GMT - Rating 5 - Innovation 2 - Information 8 - Rumor 4
