Fintel reports that on May 7, 2025, Seaport Global initiated coverage of Waste Management (NYSE:WM) with a Neutral recommendation.
Analyst Price Forecast Suggests 7.85% Upside
As of May 7, 2025, the average one-year price target for Waste Management is $252.45/share. The forecasts range from a low of $195.37 to a high of $284.55. The average price target represents an increase of 7.85% from its latest reported closing price of $234.07 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Waste Management is 22,599MM, a decrease of 1.41%. The projected annual non-GAAP EPS is 7.47.
What is the Fund Sentiment?
There are 3,032 funds or institutions reporting positions in Waste Management. This is an increase of 133 owner(s) or 4.59% in the last quarter. Average portfolio weight of all funds dedicated to WM is 0.39%, an increase of 3.05%. Total shares owned by institutions increased in the last three months by 2.00% to 366,952K shares. 
The put/call ratio of WM is 0.59, indicating a bullish outlook.
What are Other Shareholders Doing?
Bill & Melinda Gates Foundation Trust holds 32,234K shares representing 8.01% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 12,570K shares representing 3.12% ownership of the company. In its prior filing, the firm reported owning 12,717K shares , representing a decrease of 1.17%. The firm decreased its portfolio allocation in WM by 5.32% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 9,887K shares representing 2.46% ownership of the company. In its prior filing, the firm reported owning 9,565K shares , representing an increase of 3.26%. The firm decreased its portfolio allocation in WM by 4.94% over the last quarter.
Geode Capital Management holds 8,210K shares representing 2.04% ownership of the company. In its prior filing, the firm reported owning 8,146K shares , representing an increase of 0.78%. The firm decreased its portfolio allocation in WM by 50.58% over the last quarter.
Parnassus Investments holds 6,272K shares representing 1.56% ownership of the company. In its prior filing, the firm reported owning 5,121K shares , representing an increase of 18.36%. The firm increased its portfolio allocation in WM by 24.66% over the last quarter.
Waste Management Background Information
(This description is provided by the company.)
Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management environmental services in North America, providing services throughout the United States and Canada. Through its subsidiaries, the Company provides collection, transfer, disposal services, and recycling and resource recovery. It is also a leading developer, operator, and owner of landfill gas-to-energy facilities in the United States. The Company's customers include residential, commercial, industrial, and municipal customers throughout North America.
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