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California State Teachers Retirement System raised its holdings in Waste Management, Inc. (NYSE: WM) by 26,113.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,870,338 shares of the business services provider's stock after purchasing an additional 121,405,416 shares
Compass Financial Management LLC acquired a new position in shares of Waste Management, Inc. (NYSE: WM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,897 shares of the business services provider's stock, valued at approximately $651,000. A number of other
Waste Management (WM) concluded the recent trading session at $221.72, signifying a +1.22% move from its prior day's close.
The Gates Foundation's top holdings are slow-and-steady growers with wide moats.
WM's steady waste-service demand, pricing discipline and sustainability investments support growth, while high debt and tight liquidity limit flexibility.
Insider buying is not a perfect signal, but it can be a useful one when executives or major shareholders step in after a stock has weakened. That is especially true when the buying comes from a CEO, a controlling shareholder, or insiders with deep knowledge of the company's long-term prospects.
Waste Management (WM) reported earnings 30 days ago. What's next for the stock?
Waste Management offers a compelling blend of income and growth but trades at a 28x forward P/E, limiting margin of safety. Despite inflationary headwinds and modest volume declines, WM delivered strong Q2 results with EPS up 5.2% and robust free cash flow growth. WM's balance sheet remains top-tier, with leverage at 2.96x and significant flexibility for acquisitions and dividend growth.