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Kimberly G. Stith, SVP - Chief HR Officer at Waste Management (NYSE:WM), a $90.6 billion market cap company trading near its 52-week high of $242.58, sold 100 shares of common stock on September 4, 2025, at a price of $225.195, totaling $22,519.
According to a Form 4 filing with the Securities and Exchange Commission, Stith also disposed of 255 shares on September 3, 2025. These shares were related to the settlement of a restricted share award granted under the Waste Management, Inc. 2023 Stock Incentive Plan. The transaction was executed at $224.6025 per share, for a total value of $57273. InvestingPro analysis indicates the stock is trading slightly above its Fair Value, with a P/E ratio of 33.2x.
Following these transactions, Stith directly owns 4,089.4609 shares of Waste Management. The company maintains a solid 1.47% dividend yield and has raised dividends for 21 consecutive years. For deeper insights into WM’s valuation and 12 additional ProTips, check out the comprehensive research report available on InvestingPro.
In other recent news, Waste Management reported its second-quarter 2025 earnings, surpassing Wall Street expectations with an earnings per share of $1.92, slightly above the forecast of $1.90. The company’s revenue reached $6.43 billion, exceeding the anticipated $6.37 billion. Scotiabank responded to these results by raising its price target on Waste Management to $275, maintaining a Sector Outperform rating. Additionally, Waste Management declared a quarterly cash dividend of $0.825 per share, payable on September 26, 2025, to shareholders of record as of September 12, 2025.
In executive news, Devina Rankin, the Executive Vice President and Chief Financial Officer, announced her retirement after nearly 23 years with the company. She will transition out of her role in November 2025 and remain as an executive advisor until March 2026. Waste Management also approved a $2.1 million retention award in restricted stock units for Tara J. Hemmer, the Senior Vice President and Chief Sustainability Officer. This award is part of the company’s 2023 Stock Incentive Plan and will be granted on September 2.
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