WM · News · 20260816N

Market Demand Trends

WASTE MANAGEMENT INC · 2026-08-16 · Importance 18 · Surprise 24

Waste Management is experiencing softer waste volumes heading into 2026, indicating weaker demand across its collection and disposal markets. Third-party reporting links the softer volumes to a lowered 2026 revenue outlook. Pricing gains and margin expansion were cited as partial offsets to the volume weakness, but no specific end-market or geographic volume breakdown was reported.

Key facts

• Wedge Capital Management L L P NC 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. source
• 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. source
• Bank Pictet & Cie Europe AG reduced its stake in Waste Management, Inc. by 16.7% in the second quarter, selling 13,264 shares and retaining 66,190 shares valued at approximately $14.75 million. source
• D.A. Davidson & CO. reduced its stake in Waste Management, Inc. by 12% in Q2 2026, selling 12,525 shares and retaining 91,906 shares worth approximately $20.5 million. source
• There are concerns about softer volume forecasts for 2026 affecting Waste Management. source
• Analysts highlighted margin expansion and pricing gains as positive factors for Waste Management. source
• Institutional investors and hedge funds own 80.40% of Waste Management's stock. source
• Analysts have a "Moderate Buy" consensus for Waste Management with an average price target of $258.89. source