Waste Management stock is trading -12.61% below its average target price of $174.88 after dropping -3.4% during today's morning session. Analysts are giving the large-cap Waste Management company an average rating of buy and target prices ranging from $161 to $196 per share.
The stock has a very low short interest at 0.9%, and a short ratio of 2.32. The company's insiders own 0.17% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 87.8% of Waste Management's shares being owned by this investor type.
Institutions Invested in Waste Management
| Holder | Shares | Date Reported | Percentage | Value |
|---|---|---|---|---|
| Vanguard Group, Inc. (The) | 36,984,227 | 2022-09-29 | 9% | $5,652,299,480 |
| Bill & Melinda Gates Foundation Trust | 35,234,344 | 2022-09-29 | 9% | $5,384,864,858 |
| Blackrock Inc. | 30,982,963 | 2022-09-29 | 8% | $4,735,126,292 |
| State Street Corporation | 17,861,644 | 2022-09-29 | 4% | $2,729,795,085 |
| Geode Capital Management, LLC | 6,990,151 | 2022-09-29 | 2% | $1,068,304,790 |
| Pictet Asset Management SA | 6,004,065 | 2022-09-29 | 1% | $917,601,264 |
| Ameriprise Financial, Inc. | 5,668,258 | 2022-09-29 | 1% | $866,279,880 |
| Morgan Stanley | 5,652,032 | 2022-09-29 | 1% | $863,800,060 |
| Nordea Investment Management AB | 5,494,039 | 2022-09-29 | 1% | $839,653,990 |
| Lazard Asset Management LLC | 4,951,553 | 2022-09-29 | 1% | $756,745,854 |
