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Donald J. Smith, Senior Vice President of Operations at Waste Management Inc. (NYSE:WM), recently sold shares of the company. According to a filing with the Securities and Exchange Commission, Smith sold 43 shares of Waste Management stock on March 3, 2025, at an average price of $234.81 per share, totaling $10,096. The transaction comes as the stock trades near its 52-week high of $235.81, with InvestingPro data indicating the stock is currently in overbought territory.
Additionally, Smith’s transactions included a disposition of 62 shares on March 1, 2025, at a price of $231.37 per share, as part of a settlement of a restricted share award under the company’s 2014 Stock Incentive Plan. Following these transactions, Smith holds 6,024 shares directly and an additional 4,651 shares indirectly through a 401(k) plan. With a market capitalization of $93.3 billion and an "GOOD" Financial Health score from InvestingPro, Waste Management maintains its position as a prominent player in the Commercial Services & Supplies industry. Subscribers can access 15 additional ProTips and a comprehensive Pro Research Report for deeper insights into WM’s valuation and growth prospects.
In other recent news, Waste Management has been the focus of several analyst assessments and strategic developments. Jefferies recently increased its price target for Waste Management shares to $257, maintaining a Buy rating after the company reported a strong financial quarter with revenue and EBITDA exceeding expectations. Similarly, Stifel upheld its Buy rating with a price target of $252, following Waste Management’s robust fourth-quarter performance and optimistic forecast for 2025. Erste Group upgraded Waste Management’s stock rating from Hold to Buy, citing significant growth prospects, with projected revenue and operating income increases of approximately 16% and 15%, respectively, in 2025.
Oppenheimer also maintained an Outperform rating, highlighting Waste Management’s strategic growth initiatives, including residential margin improvement and landfill pricing enhancements. Raymond (NSE:RYMD) James echoed this sentiment, with an Outperform rating and a focus on Waste Management’s sustainability investments, expected to add $800 million to EBITDA by 2027. The company’s ongoing integration of WM Healthcare Solutions and potential regulatory benefits for renewable natural gas were noted as positive developments. These recent evaluations reflect a consistent confidence in Waste Management’s strategic direction and growth potential.
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