Waste Management facility evacuating after fire breaks out in northwest OKC
A fire broke out at a Waste Management facility in northwest Oklahoma City, leading to the evacuation of workers on Thursday afternoon. Oklahoma City firefighters responded to the incident near Northwest 4th Street and MacArthur Boulevard. The fire was extinguished by 4 p.m. Thursday, with no injuries reported, and the cause is currently under investigation.
Mitsubishi UFJ Asset Management Co. Ltd. Acquires 69,699 Shares of Waste Management, Inc. $WM
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Waste Management, Inc. by 7.9% in the second quarter, purchasing an additional 69,699 shares to own a total of 946,770 shares worth $211 million. Other institutional investors also made changes to their positions in the company. Waste Management shows a 58.6% total stock gain over five years, but analysts have mixed sentiments ranging from "sector perform" to "buy" with an average price target of $258.89.
Trust Co. of Vermont Makes New Investment in Waste Management, Inc. $WM
Trust Co. of Vermont recently acquired 30,592 shares of Waste Management, Inc. (NYSE:WM) worth approximately $6.8 million, highlighting continued institutional interest in the company. Waste Management reported strong quarterly earnings, beating EPS estimates, and its stock shows a generally positive outlook from analysts with a "Moderate Buy" consensus. Despite a relatively high earnings multiple, major institutional investors collectively own 80.4% of the company.
Global Retirement Partners LLC Purchases Shares of 8,010 Waste Management, Inc. $WM
Global Retirement Partners LLC acquired 8,010 shares of Waste Management, Inc. (NYSE:WM) in the second quarter, valuing their new position at approximately $1.785 million. Despite Waste Management exceeding quarterly EPS estimates and generating a 58.6% stock gain over five years, valuation concerns persist due to a high forward earnings multiple. Analysts maintain a "Moderate Buy" rating with an average target price of $258.89, but highlight that the stock's current price is approximately in line with its discounted-cash-flow valuation.
Commerzbank Aktiengesellschaft FI Has $13.73 Million Holdings in Waste Management, Inc. $WM
Commerzbank Aktiengesellschaft FI reduced its stake in Waste Management, Inc. (WM) by 52.6% in the second quarter, now holding 61,606 shares valued at $13.73 million. Waste Management's Q2 earnings surpassed estimates with $2.02 EPS, though revenue of $6.68 billion slightly missed expectations. Analysts maintain a "Moderate Buy" rating for WM with an average price target of $258.89, but valuation concerns persist due to the stock's high earnings multiple.
Deutsche Bank AG Grows Position in Waste Management, Inc. $WM
Deutsche Bank AG increased its stake in Waste Management, Inc. by 8.2% during the second quarter, now owning 2,207,477 shares valued at $492,002,000. Other institutional investors also adjusted their positions in the company. Waste Management shows a positive five-year stock gain of 58.6%, though valuation concerns exist regarding its premium trading multiples and current stock price.
Waste Management, Inc. $WM Shares Sold by Diamond Hill Capital Management LLC Investment Advisor
Diamond Hill Capital Management LLC Investment Advisor significantly reduced its stake in Waste Management, Inc. ($WM) by 25.5% in the second quarter, selling over 400,000 shares but still retaining a substantial holding. Despite this sale, institutional investors and hedge funds collectively own a large portion of WM. The company recently exceeded earnings expectations, and analysts maintain a "Moderate Buy" consensus, although valuation concerns persist due to elevated earnings multiples.
Fire at Waste Management draws huge response
An electrical fire occurred in a vacant warehouse at Waste Management located at 7201 West Marginal Way SW. The 911 call was made at 1:45 PM, and the fire, caused by an electrical problem, was quickly brought under control by 24 response units with no reported injuries.
Resilient Waste Management stock holds after Q2 earnings beat as sustainability theme supports valua
Waste Management (WM) stock is trading around $224 in mid-August 2026, supported by a strong Q2 2026 earnings beat and steady revenue growth. The company reported EPS of $2.02, exceeding analyst estimates, and demonstrated robust profitability metrics including an 11.11% net margin and 31.68% return on equity. Analysts maintain a positive outlook, with an average price target suggesting over 15% upside, driven by the company's strong core operations and expanding sustainability initiatives.
Private Advisory Group LLC Has $10.29 Million Holdings in Waste Management, Inc. $WM
Private Advisory Group LLC increased its stake in Waste Management, Inc. (NYSE:WM) by 23.2% in the second quarter, bringing its total holdings to 46,176 shares valued at $10.29 million. Institutional investors collectively own a significant 80.4% of WM shares. Analysts maintain a "Moderate Buy" consensus rating for Waste Management, with an average price target of $258.89, following recent adjustments by several firms.
Helios Capital Management PTE. Ltd. Invests $1.16 Million in Waste Management, Inc. $WM
Helios Capital Management PTE. Ltd. has invested $1.16 million in Waste Management, Inc. (NYSE:WM) by acquiring 5,200 shares, making it their 19th largest holding. Institutional investors collectively own 80.4% of the company, which analysts have rated as a "Moderate Buy" with an average price target of $258.89. Waste Management recently surpassed quarterly EPS expectations with $2.02, although revenue of $6.68 billion slightly missed estimates but represented a 4% year-over-year increase.
Russell Investments Group Ltd. Sells 74,394 Shares of Waste Management, Inc. $WM
Russell Investments Group Ltd. has reduced its stake in Waste Management, Inc. (NYSE:WM) by 10.2% in the second quarter, selling 74,394 shares but still holding 657,620 shares valued at approximately $146.6 million. The company reported strong quarterly earnings, beating EPS estimates while revenue increased by 4% year-over-year. Analysts generally maintain a "Moderate Buy" rating for Waste Management, with an average price target of $258.89.
Clearstead Trust LLC Sells 13,677 Shares of Waste Management, Inc. $WM
Clearstead Trust LLC significantly reduced its stake in Waste Management, Inc. (NYSE:WM) by selling 13,677 shares, representing a 95.2% trim in its holdings during the second quarter. Despite this, other institutional investors like Vanguard Group Inc., State Street Corp, and Geode Capital Management LLC increased their positions in the company. Waste Management reported strong financial performance with $2.02 EPS, beating analyst estimates, and analysts have set an average "Moderate Buy" rating with a consensus target price of $258.89.
Focus Partners Advisor Solutions LLC Has $935,000 Stock Position in Waste Management, Inc. $WM
Focus Partners Advisor Solutions LLC reduced its stake in Waste Management, Inc. (NYSE:WM) by 69.1% in the second quarter, holding 4,194 shares valued at $935,000. Despite this reduction, analyst sentiment remains largely positive, with a "Moderate Buy" consensus and an average price target of $258.89. Waste Management exceeded its quarterly EPS expectations but slightly missed revenue forecasts, reporting $2.02 EPS and $6.68 billion in revenue.
Centric Wealth Management Buys 16,250 Shares of Waste Management, Inc. $WM
Centric Wealth Management significantly increased its stake in Waste Management, Inc. (NYSE:WM) by 119.6% in the second quarter, now holding 29,837 shares valued at $6.76 million. Other institutional investors also adjusted their positions in WM. The company reported strong quarterly earnings, beating EPS estimates, and analysts maintain a "Moderate Buy" rating with an average price target above its current share price.
How Investors Are Reacting To Republic Services (RSG) Guidance Hike And Nearly US$2 Billion Buyback
Republic Services (RSG) has raised its full-year 2026 guidance for revenue, net income, and diluted EPS, following strong second-quarter sales. The company also completed a US$1.99 billion share repurchase program. This update suggests management's confidence in ongoing operational performance and positively impacts the per-share results, though risks from cyclical softness in construction and manufacturing volumes remain.
Waste Management (WM) Could Be 14% Undervalued As Sustainability Growth Draws Attention
Waste Management (WM) is considered by a popular narrative to be 14.2% undervalued, with a fair value of $260.64, largely due to strong growth in sustainability investments like recycling and renewable energy, and improved EBITDA margins from automation. Despite a recent share price dip, longer-term returns are positive, though the P/E ratio of 31.3x is higher than the industry average, suggesting the market may already reflect some of its quality. Investors are encouraged to weigh the valuation signals and business mix, considering potential regulatory risks and higher leverage from acquisitions.
KBC Group NV Sells 23,500 Shares of Waste Management, Inc. $WM
KBC Group NV reduced its stake in Waste Management, Inc. by 5.7% during the second quarter, selling 23,500 shares while retaining 386,241 shares valued at $86.1 million. Despite this sale, institutional investors collectively own a significant 80.4% of the company. Analysts maintain a "Moderate Buy" consensus rating for Waste Management, with an average price target of $258.89, following recent positive earnings results where the company beat EPS estimates but slightly missed on revenue.
Republic Services (NYSE:RSG) Major Shareholder Cascade Investment, L.L.C. Buys 206,800 Shares
Cascade Investment, L.L.C., a major shareholder in Republic Services (NYSE:RSG), recently purchased 206,800 shares of the company's stock for approximately $44.4 million, increasing its total stake to over 112 million shares. This transaction is part of a series of buying activities by Cascade Investment in August. Republic Services also reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.
Principal Financial Group Inc. Sells 13,404 Shares of Waste Management, Inc. $WM
Principal Financial Group Inc. reduced its stake in Waste Management, Inc. (NYSE:WM) by 2.9% in the second quarter, selling 13,404 shares and retaining 446,913 shares valued at approximately $99.6 million. Despite this sale, institutional investors collectively own 80.4% of the company. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $258.89, following Waste Management's Q2 EPS of $2.02, which beat estimates, and revenue of $6.68 billion.
Waste Management, Inc. $WM Shares Sold by TD Asset Management Inc
TD Asset Management Inc. reduced its stake in Waste Management, Inc. by 6.3% in Q2 2026, selling 17,160 shares but still retaining over 256,000 shares worth $57.2 million. Waste Management reported strong Q2 earnings, beating EPS estimates with $2.02 and achieving 4.0% year-over-year revenue growth. Analysts maintain a "Moderate Buy" rating for WM with an average price target of $258.89.
Rollins, Inc. (NYSE:ROL) Receives Consensus Recommendation of "Hold" from Analysts
Analysts have issued a consensus "Hold" recommendation for Rollins, Inc. (NYSE:ROL) based on ratings from nineteen firms, with an average 12-month price target of $48.71. Recent analyst actions show caution, including downgrades from Wells Fargo and RBC. The company's latest quarterly results slightly missed revenue and EPS expectations, but it announced a quarterly dividend of $0.1825, representing a 2.0% annualized yield.
Waste Management stock holds steady as analysts see upside
Waste Management (WM) stock is trading in the low-$220s, with analysts assigning a "Moderate Buy" rating and a consensus price target of $258.89, suggesting a potential upside of approximately 15.6%. Despite some institutional investors trimming their positions, the company's significant market capitalization of $89.64 billion reinforces its leadership in the North American waste management sector. The company's diversified services, including collection, recycling, and resource recovery, are expected to support further growth and valuation increases.
Bill Gates’ Foundation Cut $800 Million in Q2 From Warren Buffett’s Berkshire Hathaway — Here’s Where It Put the Money Instead
The Gates Foundation Trust significantly rebalanced its investment portfolio in Q2 2026, divesting over $800 million from Berkshire Hathaway and reducing its stake in Waste Management. Concurrently, the trust initiated new positions in Home Depot and FedEx Freight Holding Company, signaling a strategic shift towards consumer retail and logistics. These changes resulted in an increase of the trust's total portfolio value to $34.42 billion.
Forest Park approves $1.5M contract with Waste Management
The Forest Park City Council has approved a $1.5 million contract with Georgia Waste Systems, LLC (doing business as Waste Management) for solid waste collection services. The council also approved a $600,000 contract for fuel and oil with Boswell Oil and services from NCB Incorporated for grant research. City Manager Carl Geffken reported on new businesses, a property sale, July's emergency services call statistics, police activity, and the city's efforts to hire 13 new employees, including a records department position to organize years of unorganized records.
Here's Why Investors Must Hold WCN Stock in Their Portfolios Now
Waste Connections, Inc. (WCN) shares have outperformed the industry and the S&P 500 composite in the past three months, with Zacks Consensus Estimates predicting significant revenue and EPS growth for 2026 and 2027. The company's strategy focuses on increasing market penetration through M&A, expanding its rail network, and rewarding shareholders with consistent dividends. However, WCN faces risks from strict regulations and a weak liquidity position, highlighted by a current ratio below the industry average.
S&CO Inc. Takes $6.53 Million Position in Rollins, Inc. $ROL
S&CO Inc. has acquired a new position in Rollins, Inc. (NYSE:ROL) worth approximately $6.53 million, purchasing 156,393 shares in the second quarter. Other institutional investors also adjusted their holdings in Rollins, which recently reported slightly lower-than-expected quarterly earnings and revenue. The company declared a quarterly dividend of $0.1825 per share, yielding 2.0% annually, and has a consensus "Hold" rating from analysts with an average price target of $48.71.
126,873 Shares in Rollins, Inc. $ROL Bought by Oppenheimer Asset Management Inc.
Oppenheimer Asset Management Inc. recently acquired 126,873 shares of Rollins, Inc. (NYSE:ROL) valued at approximately $5.296 million during the second quarter. Several other institutional investors also adjusted their holdings in Rollins, indicating significant institutional interest in the business services provider. The article also details Rollins' recent financial performance, stock metrics, dividend announcement, and analyst ratings, which currently average a "Hold" with a target price of $48.71.
Wedge Capital Management L L P NC Has $206,000 Stock Position in Waste Management, Inc. $WM
Wedge Capital Management L L P NC significantly reduced its stake in Waste Management, Inc. by 88.6% in the second quarter, selling 7,173 shares to retain a position valued at $206,000. Despite this reduction, other institutional investors largely increased their holdings, with overall institutional ownership at 80.4%. Waste Management's stock maintains a "Moderate Buy" consensus from analysts, despite risks from its premium valuation and debt levels.
Focus Partners Advisor Solutions LLC Invests $2.31 Million in Waste Connections, Inc. $WCN
Focus Partners Advisor Solutions LLC has invested $2.31 million in Waste Connections, Inc., purchasing 13,887 shares of the company. This investment comes as institutional investors collectively own a significant 86.09% of Waste Connections. Analysts maintain a "Moderate Buy" rating for the company, with an average price target of $200.89, following Waste Connections' strong quarterly earnings report which surpassed expectations in both EPS and revenue.
Fortis Group Advisors LLC Acquires 15,155 Shares of Waste Management, Inc. $WM
Fortis Group Advisors LLC significantly increased its stake in Waste Management, Inc. (NYSE:WM) by 211.8% in the second quarter, acquiring an additional 15,155 shares. This increased their total holdings to 22,312 shares, valued at $4.97 million. The article also provides a detailed overview of Waste Management's stock performance, recent earnings, analyst ratings, and various market sentiments impacting the company.
D.A. Davidson & CO. Cuts Stake in Waste Management, Inc. $WM
D.A. Davidson & CO. reduced its stake in Waste Management, Inc. (WM) by 12% in Q2 2026, selling 12,525 shares and retaining 91,906 shares worth approximately $20.5 million. Despite institutional investors owning 80.4% of WM and the company exceeding EPS expectations with growing revenue, concerns remain regarding softer volumes, a lowered 2026 revenue outlook, premium valuation, and substantial debt. Analysts maintain a "Moderate Buy" rating with a target price of $258.89, highlighting margin expansion and pricing gains as positive factors.
Empowered Funds LLC Acquires 5,220 Shares of Waste Management, Inc. $WM
Empowered Funds LLC increased its stake in Waste Management, Inc. by 20.4% in the first quarter, adding 5,220 shares to reach a total of 30,790 shares valued at $7.1 million. This comes as Waste Management reported earnings per share of $2.02, exceeding expectations, with revenue growing 4% year-over-year to $6.68 billion. Analysts currently hold a "Moderate Buy" consensus for WM, with an average price target of $258.89, though concerns exist regarding softer volume forecasts for 2026 and a high valuation.
Empowered Funds LLC Buys 9,514 Shares of Republic Services, Inc. $RSG
Empowered Funds LLC significantly increased its stake in Republic Services, Inc. (NYSE:RSG) by 44.2% in the first quarter, acquiring an additional 9,514 shares, bringing its total holdings to 31,048 shares valued at $6.8 million. The company reported strong quarterly earnings, exceeding expectations with $1.85 EPS and $4.43 billion in revenue, and subsequently raised its quarterly dividend and provided optimistic fiscal 2026 EPS guidance. Analysts currently maintain a "Moderate Buy" consensus rating for Republic Services, with an average price target exceeding the current share price.
Bank Pictet & Cie Europe AG Sells 13,264 Shares of Waste Management, Inc. $WM
Bank Pictet & Cie Europe AG reduced its stake in Waste Management, Inc. (NYSE:WM) by 16.7% in the second quarter, selling 13,264 shares and retaining 66,190 shares valued at approximately $14.75 million. Other institutional investors also adjusted their holdings in the company. Waste Management's latest quarterly earnings beat EPS expectations, but the company lowered its 2026 revenue outlook due to softer volumes, leading to a "Moderate Buy" consensus from analysts with an average price target of $258.89, amid investor caution about its valuation and debt.
Benjamin Edwards Inc. Buys 20,675 Shares of Waste Management, Inc. $WM
Benjamin Edwards Inc. increased its stake in Waste Management, Inc. (NYSE:WM) by 26.8% in the second quarter, bringing their total holdings to 97,682 shares valued at $21.78 million. Several other institutional investors also adjusted their positions in the company, with 80.40% of the stock owned by hedge funds and institutional investors. Analysts have a "Moderate Buy" rating for Waste Management, with an average price target of $258.89, amidst mixed sentiments regarding its market performance and future outlook.
How Tetra Tech's ESOP-Focused Shelf Registration (TTEK) Has Changed Its Investment Story
Tetra Tech (TTEK) recently filed a shelf registration for up to 10 million shares, totaling US$350.3 million, primarily to support an ESOP-related offering. This move provides flexibility in employee ownership and future capital needs, influencing the company's corporate and financial profile. The registration is seen as balancing share issuance for employees with existing share buyback programs, affecting how investors might view capital allocation and per-share earnings resilience.
L. Roy Papp & Associates LLP Grows Position in Waste Management, Inc. $WM
L. Roy Papp & Associates LLP significantly increased its stake in Waste Management, Inc. by 42.5% in Q2, holding 18,969 shares valued at $4.23 million. This comes as Waste Management reported strong Q2 earnings, beating EPS estimates, with revenue up 4% year-over-year. Analysts maintain a "Moderate Buy" consensus rating for the company despite concerns about softer collection volumes and elevated valuation.
Exchange Traded Concepts LLC Buys 4,458 Shares of Waste Management, Inc. $WM
Exchange Traded Concepts LLC increased its stake in Waste Management, Inc. by 38.8% in Q2 2026, purchasing 4,458 additional shares to own a total of 15,943 shares valued at $3.55 million. Waste Management reported stronger-than-expected quarterly EPS of $2.02 and a 4% revenue increase to $6.68 billion, though its 2026 revenue outlook was lowered due to softer waste volumes. Despite a "Moderate Buy" consensus rating and an average price target of $258.89 from analysts, the company faces high valuation, a P/E ratio near 32, and elevated debt.
ABN Amro Investment Solutions Reduces Stake in Waste Management, Inc. $WM
ABN Amro Investment Solutions reduced its stake in Waste Management, Inc. (WM) by 9.9% in the second quarter of 2026, selling 36,488 shares but still retaining 331,967 shares valued at approximately $74 million. Despite exceeding EPS expectations, Waste Management's revenue slightly missed estimates, and the company faces concerns regarding softer volumes, a premium valuation, and elevated leverage. Analysts currently give WM a "Moderate Buy" consensus rating with an average price target of $258.89.
Toppoint Holdings experiences volatile trading day
Toppoint Holdings (TOPP), a trucking firm specializing in exported recycled materials, experienced a highly volatile trading day on August 10, 2026. Shares initially surged by 30 percent before plummeting by over 50 percent by market close. The company subsequently issued a press release stating it was unaware of any material, undisclosed corporate developments to explain the unusual trading activity.
North Lyon Fire crews battle blaze at Waste Management facility south of Fernley
North Lyon Fire crews are responding to a fire at the Waste Management facility off U.S. 95A south of Fernley. The fire is currently isolated to a semi-trailer, and authorities are asking people to avoid the area. Further updates are expected as more information becomes available.
North Lyon Fire crews battle blaze at Waste Management facility south of Fernley
North Lyon Fire crews are responding to a fire at a Waste Management facility located off U.S. 95A south of Fernley. Authorities are asking the public to avoid the area where the fire, which is currently isolated to a semi-trailer, is being battled. Additional information is expected to be released as it becomes available.
Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
Waste Management (WM) shows improved profitability through pricing power and growth in recycling and renewable energy segments, despite a decline in collection and disposal volumes. However, the stock trades at a premium valuation and carries significant debt, leading Zacks Investment Research to rate it as a "Hold." Investors are advised to exercise patience due to the high valuation and balance sheet constraints, even as strong free cash flow supports the company's financial health.
Is WM Stock Worth Buying as Margins Rise but Valuation Stays Rich?
Waste Management (WM) is performing well with rising margins and cash generation, driven by strong pricing power and growth in recycling and renewable energy. Despite this operational strength, the stock trades at a premium valuation compared to its industry peers and historical levels, coupled with significant debt. Analysts suggest a patient approach rather than aggressive buying, acknowledging its quality but flagging the rich valuation and balance sheet pressures.
Sumitomo Mitsui DS Asset Management Company Ltd Has $21.05 Million Stock Position in Waste Management, Inc. $WM
Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Waste Management, Inc. (NYSE:WM) by 7.3% in the second quarter, bringing its total holdings to 94,454 shares valued at $21.05 million. Waste Management reported strong quarterly earnings, beating EPS estimates, and analysts maintain a "Moderate Buy" rating with a consensus price target of $258.89. The company's stock performance and institutional ownership highlight its stability in the market.
Mirae Asset Global Investments Co. Ltd. Sells 7,140 Shares of Waste Management, Inc. $WM
Mirae Asset Global Investments Co. Ltd. reduced its stake in Waste Management, Inc. by 8.1% during the second quarter, selling 7,140 shares and retaining 81,103 shares valued at $18.1 million. Waste Management's stock performance shows a market cap of $89.71 billion, with recent quarterly EPS beating estimates while revenue slightly missed. Analysts maintain a "Moderate Buy" consensus with an average price target of $258.89.
Boston Common Asset Management LLC Has $12.46 Million Stock Position in Waste Management, Inc. $WM
Boston Common Asset Management LLC increased its stake in Waste Management, Inc. (NYSE:WM) by 12.9% in the second quarter, bringing its total holdings to 55,895 shares valued at $12.46 million. Several other institutional investors also adjusted their positions in WM. Analysts generally rate the stock a "Moderate Buy" with an average price target of $258.89.
Toppoint Holdings experiences volatile trading day
Toppoint Holdings, a trucking firm specializing in recycled materials, experienced a highly volatile trading day on Monday, August 10, with its shares rising 30% before plummeting over 50%. The company later released a statement indicating no awareness of material undisclosed corporate developments to explain the unusual activity, while its shares have since traded in a more narrow range. Toppoint Holdings describes itself as a key player in the New Jersey and Pennsylvania regional trucking market for waste paper.
Waste Management (WM) Stock May Be 15% Undervalued On Cash Flow But Rich On Earnings
Waste Management (WM) stock has delivered a 61.7% total return over the last five years, but its current valuation presents a mixed picture. While a Discounted Cash Flow (DCF) analysis suggests the stock is approximately 14.5% undervalued based on future cash flow projections, traditional earnings-based multiples indicate it is expensive compared to peers and industry averages. This creates a tension for investors, who must weigh the potential upside from cash flow generation against the higher price-to-earnings ratios.
