WMNYSERefuse SystemsFiscal year ends December 31
WASTE MANAGEMENT INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$226.41−0.45 (-0.20%)
Close on Oct 19, 2026
- Market cap
- $91.11B
- P/E (TTM)
- 32.1
- Dividend yield
- 1.46%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
83.3%
333M of 400M shares
Institutional holders
2,364
152 new, 113 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
1 buys · 35 sales
Net sold $23.83M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Gates Foundation Trust | 28,934,344 | 7.20% | 13G (passive) amendment | Sep 30, 2025 |
| Vanguard Capital Management | 28,904,129 | 7.16% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 28,665,838 | 7.10% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of WM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 30,733,944 | 7.69% | $6.85B | +535,079 | 0.10% |
| Bill & Melinda Gates Foundation Trust | 26,720,744 | 6.68% | $5.96B | −921,600 | 17.30% |
| Vanguard Capital Management LLC | 25,179,716 | 6.30% | $5.61B | +10,203 | 0.12% |
| State Street Corp | 18,008,931 | 4.51% | $4.01B | +507,209 | 0.12% |
| Capital Research Global Investors | 10,438,136 | 2.61% | $2.33B | +1,706,093 | 0.32% |
| Vanguard Portfolio Management LLC | 10,121,428 | 2.53% | $2.26B | −115,237 | 0.10% |
| Geode Capital Management, LLC | 9,068,808 | 2.27% | $2.01B | −122,542 | 0.11% |
| Ameriprise Financial Inc | 7,086,113 | 1.77% | $1.58B | −341,294 | 0.32% |
| Morgan Stanley | 6,584,906 | 1.65% | $1.47B | −492,264 | 0.08% |
| Parnassus Investments, LLC | 4,792,005 | 1.20% | $1.07B | −189,573 | 2.85% |
| Norges Bank | 4,771,642 | 1.19% | $1.06B | New | 0.11% |
| Royal Bank of Canada | 4,739,983 | 1.19% | $1.06B | +335,941 | 0.16% |
| Wells Fargo & Company/Mn | 4,335,084 | 1.08% | $966.20M | +73,374 | 0.16% |
| Northern Trust Corp | 3,759,398 | 0.94% | $837.89M | −149,540 | 0.10% |
| Goldman Sachs Group Inc | 3,598,308 | 0.90% | $801.99M | −48,305 | 0.07% |
| Bank Of America Corp /De/ | 3,124,403 | 0.78% | $696.37M | −225,463 | 0.04% |
| UBS Asset Management Americas Inc | 3,121,427 | 0.78% | $695.70M | +35,322 | 0.13% |
| Nordea Investment Management Ab | 2,957,041 | 0.74% | $657.20M | −510,747 | 0.54% |
| Amundi | 2,878,103 | 0.72% | $641.45M | −105,330 | 0.15% |
| Swedbank AB | 2,771,422 | 0.69% | $617.69M | +378,554 | 0.53% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 2,364 | 333M | 83.3% | 152 / 941 | 919 / 113 | 20M | 18M |
| Q1 2026 | 2,368 | 331M | 82.8% | 199 / 961 | 834 / 125 | 65M | 26M |
| Q4 2025 | 2,319 | 331M | 82.8% | 297 / 893 | 793 / 117 | 26M | 18M |
| Q3 2025 | 2,179 | 324M | 81.0% | 118 / 912 | 787 / 143 | 19M | 23M |
| Q2 2025 | 2,231 | 329M | 82.2% | 163 / 923 | 781 / 109 | 20M | 16M |
| Q1 2025 | 2,204 | 326M | 81.5% | 209 / 847 | 810 / 102 | 16M | 14M |
| Q4 2024 | 2,131 | 328M | 82.0% | 273 / 880 | 649 / 99 | 20M | 16M |
| Q3 2024 | 1,997 | 325M | 81.4% | 129 / 792 | 718 / 107 | 47M | 17M |
| Q2 2024 | 2,003 | 327M | 81.7% | 141 / 800 | 713 / 84 | 18M | 33M |
| Q1 2024 | 1,972 | 343M | 85.9% | 219 / 679 | 775 / 90 | 24M | 15M |
| Q4 2023 | 1,871 | 335M | 83.9% | 237 / 629 | 713 / 86 | 23M | 11M |
| Q3 2023 | 1,746 | 325M | 81.3% | 104 / 667 | 672 / 114 | 16M | 12M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of WM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 12,747,383 | 3.19% | $2.84B | 0.12% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 9,572,929 | 2.39% | $2.13B | 0.13% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 5,082,241 | 1.27% | $1.13B | 0.13% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 4,748,577 | 1.19% | $1.00B | 0.12% | May 31, 2026 |
| American Mutual Fund | 4,256,350 | 1.06% | $964.28M | 0.82% | Jul 31, 2026 |
| Vanguard Value Index Fund | 3,821,540 | 0.96% | $851.74M | 0.33% | Jun 30, 2026 |
| Parnassus Core Equity Fund | 3,591,023 | 0.90% | $800.37M | 3.31% | Jun 30, 2026 |
| AMCAP Fund | 2,546,850 | 0.64% | $538.56M | 0.55% | May 31, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 2,177,447 | 0.54% | $485.31M | 1.43% | Jun 30, 2026 |
| Columbia Dividend Income Fund | 2,169,096 | 0.54% | $458.68M | 0.97% | May 31, 2026 |
| Vanguard Dividend Appreciation Index Fund | 2,090,338 | 0.52% | $473.57M | 0.36% | Jul 31, 2026 |
| Vanguard Institutional Index Fund | 2,005,605 | 0.50% | $447.01M | 0.13% | Jun 30, 2026 |
| Bridge Builder Large Cap Growth Fund | 1,989,301 | 0.50% | $443.38M | 1.47% | Jun 30, 2026 |
| Capital Income Builder | 1,586,939 | 0.40% | $359.52M | 0.28% | Jul 31, 2026 |
| Vanguard High Dividend Yield Index Fund | 1,498,512 | 0.37% | $339.49M | 0.34% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| John A. Carroll | VP & Chief Accounting Officer | 7,730 | 0.00% | Sep 8, 2026 |
| Kimberly G. Stith | SVP - Chief HR Officer | 4,480 | 0.00% | Sep 8, 2026 |
| David L. Reed | EVP & CFO | 8,494 | 0.00% | Aug 10, 2026 |
| Rafael Carrasco | SVP of Enterprise Strategy | 18,195 | 0.00% | Jun 8, 2026 |
| Marcel Dalby | SVP Bus Optimiz & Collection | 5,867 | 0.00% | May 21, 2026 |
| John J. Morris | President | 101,812 | 0.03% | May 21, 2026 |
| Tara J. Hemmer | EVP & Chief Operating Officer | 81,462 | 0.02% | May 21, 2026 |
| Johnson Varkey | SVP-Chief Information Officer | 9,101 | 0.00% | Apr 7, 2026 |
| Christopher P. DeSantis | SVP Operations - East | 9,393 | 0.00% | Mar 10, 2026 |
| Donald J. Smith | Sr. VP - Operations | 18,092 | 0.00% | Mar 5, 2026 |
| Michael J. Watson | Sr. VP-Chief Customer Officer | 59,401 | 0.01% | Mar 5, 2026 |
| Charles C. Boettcher | EVP, Chief Legal Officer | 56,159 | 0.01% | Mar 5, 2026 |
| James C. Fish Jr | Chief Executive Officer | 320,402 | 0.08% | Mar 5, 2026 |
| Devina A. Rankin | EVP & CFO | 128,912 | 0.03% | May 28, 2025 |
| William B. Plummer | Director | 8,400 | 0.00% | May 18, 2026 |
| Andres Gluski | Director | 18,383 | 0.00% | May 18, 2026 |
| Thomas Bene | Director | 2,987 | 0.00% | May 18, 2026 |
| Sean E. Menke | Director | 13,489 | 0.00% | May 18, 2026 |
| Kathleen M. Mazzarella | Director | 18,276 | 0.00% | May 18, 2026 |
| Victoria M. Holt | Director | 23,881 | 0.01% | May 18, 2026 |
| Maryrose Sylvester | Director | 5,865 | 0.00% | May 18, 2026 |
| Bruce E. Chinn | Director | 3,729 | 0.00% | May 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| John A. Carroll VP & Chief Accounting Officer | Sep 4, 2026 | Sale | −1,365 | $219.90 | $300.16K | 3,509 |
| Kimberly G. Stith SVP - Chief HR Officer | Sep 3, 2026 | Tax withholding | −356 | $220.13 | $78.37K | 4,480 |
| John A. Carroll VP & Chief Accounting Officer | Aug 28, 2026 | Gift | −4,873.94 | – | – | 4,109 |
| John A. Carroll VP & Chief Accounting Officer | Aug 28, 2026 | Gift | +4,873.94 | – | – | 4,874 |
| David L. Reed EVP & CFO | Aug 7, 2026 | Gift | +5,357.17 | – | – | 5,357 |
| David L. Reed EVP & CFO | Aug 7, 2026 | Gift | −5,357.17 | – | – | 3,137 |
| Rafael Carrasco SVP of Enterprise Strategy | Jun 5, 2026 | Option exercise | +2,655 | $126.01 | $334.56K | 18,195 |
| Rafael Carrasco SVP of Enterprise Strategy | Jun 5, 2026 | Sale | −2,655 | $220.47 | $585.35K | 15,540 |
| John J. Morris President | May 20, 2026 | Tax withholding | −566 | $220.49 | $124.80K | 99,363 |
| Tara J. Hemmer EVP & Chief Operating Officer | May 20, 2026 | Award | +2,544 | – | – | 81,462 |
| Marcel Dalby SVP Bus Optimiz & Collection | May 20, 2026 | Award | +2,257 | – | – | 5,867 |
| Victoria M. Holt Director | May 15, 2026 | Award | +861 | $220.71 | $190.03K | 23,881 |
| Maryrose Sylvester Director | May 15, 2026 | Award | +861 | $220.71 | $190.03K | 5,865 |
| Andres Gluski Director | May 15, 2026 | Award | +861 | $220.71 | $190.03K | 18,383 |
| Thomas Bene Director | May 15, 2026 | Award | +861 | $220.71 | $190.03K | 2,987 |
| Kathleen M. Mazzarella Director | May 15, 2026 | Award | +1,314 | $220.71 | $290.01K | 18,276 |
| Sean E. Menke Director | May 15, 2026 | Award | +861 | $220.71 | $190.03K | 861 |
| William B. Plummer Director | May 15, 2026 | Award | +861 | $220.71 | $190.03K | 4,031 |
| Bruce E. Chinn Director | May 15, 2026 | Award | +861 | $220.71 | $190.03K | 3,729 |
| Johnson Varkey SVP-Chief Information Officer | Apr 4, 2026 | Tax withholding | −192 | $233.94 | $44.92K | 9,101 |
| David L. Reed EVP & CFO | Mar 9, 2026 | Sale(10b5-1 plan) | −75 | $245.26 | $18.39K | 8,495 |
| Johnson Varkey SVP-Chief Information Officer | Mar 9, 2026 | Sale(10b5-1 plan) | −121 | $245.27 | $29.68K | 9,293 |
| Christopher P. DeSantis SVP Operations - East | Mar 9, 2026 | Sale(10b5-1 plan) | −61 | $245.50 | $14.98K | 9,393 |
| John J. Morris President & COO | Mar 9, 2026 | Sale(10b5-1 plan) | −4,211 | $243.38 | $1.02M | 99,929 |
| John J. Morris President & COO | Mar 9, 2026 | Option exercise | +5,484 | $150.12 | $823.26K | 104,140 |
| John A. Carroll VP & Chief Accounting Officer | Mar 9, 2026 | Sale(10b5-1 plan) | −47 | $245.30 | $11.53K | 8,983 |
| David L. Reed EVP & CFO | Mar 7, 2026 | Tax withholding | −121 | $246.31 | $29.80K | 8,570 |
| Johnson Varkey SVP-Chief Information Officer | Mar 7, 2026 | Tax withholding | −193 | $246.31 | $47.54K | 9,414 |
| Christopher P. DeSantis SVP Operations - East | Mar 7, 2026 | Tax withholding | −107 | $246.31 | $26.36K | 9,454 |
| John A. Carroll VP & Chief Accounting Officer | Mar 7, 2026 | Tax withholding | −74 | $246.31 | $18.23K | 9,030 |
| John J. Morris President & COO | Mar 6, 2026 | Sale(10b5-1 plan) | −7,979 | $245.07 | $1.96M | 98,656 |
| John A. Carroll VP & Chief Accounting Officer | Mar 3, 2026 | Award | +892 | – | – | 9,104 |
| Johnson Varkey SVP-Chief Information Officer | Mar 3, 2026 | Sale | −617 | $244.13 | $150.63K | 9,607 |
| Kimberly G. Stith SVP - Chief HR Officer | Mar 2, 2026 | Sale(10b5-1 plan) | −21 | $243.13 | $5.11K | 4,724 |
| Michael J. Watson Sr. VP-Chief Customer Officer | Mar 2, 2026 | Sale(10b5-1 plan) | −4,609 | $241.83 | $1.11M | 56,788 |
| Michael J. Watson Sr. VP-Chief Customer Officer | Mar 2, 2026 | Sale(10b5-1 plan) | −12,642 | $241.81 | $3.06M | 44,146 |
| Michael J. Watson Sr. VP-Chief Customer Officer | Mar 2, 2026 | Option exercise | +12,642 | $126.01 | $1.59M | 61,397 |
| Tara J. Hemmer SVP & Chief Sustainability Off | Mar 2, 2026 | Sale(10b5-1 plan) | −4,818 | $241.83 | $1.17M | 78,918 |
| David L. Reed EVP & CFO | Mar 2, 2026 | Sale(10b5-1 plan) | −21 | $242.65 | $5.10K | 8,694 |
| Kimberly G. Stith SVP - Chief HR Officer | Mar 1, 2026 | Tax withholding | −31 | $238.21 | $7.38K | 4,745 |
| David L. Reed EVP & CFO | Mar 1, 2026 | Tax withholding | −31 | $238.21 | $7.38K | 8,715 |
| David L. Reed EVP & CFO | Feb 26, 2026 | Sale(10b5-1 plan) | −37 | $229.67 | $8.50K | 8,746 |
| John A. Carroll VP & Chief Accounting Officer | Feb 26, 2026 | Sale(10b5-1 plan) | −37 | $229.48 | $8.49K | 8,212 |
| David L. Reed EVP & CFO | Feb 25, 2026 | Tax withholding | −60 | $228.48 | $13.71K | 8,783 |
| John A. Carroll VP & Chief Accounting Officer | Feb 25, 2026 | Tax withholding | −60 | $228.48 | $13.71K | 8,249 |
| Donald J. Smith Sr. VP - Operations | Feb 17, 2026 | Sale(10b5-1 plan) | −4,842 | $233.48 | $1.13M | 13,376 |
| Donald J. Smith Sr. VP - Operations | Feb 17, 2026 | Option exercise | +2,377 | $110.81 | $263.40K | 18,218 |
| Donald J. Smith Sr. VP - Operations | Feb 17, 2026 | Option exercise | +2,465 | $126.01 | $310.61K | 15,841 |
| Donald J. Smith Sr. VP - Operations | Feb 17, 2026 | Sale(10b5-1 plan) | −7,352 | $233.48 | $1.72M | 6,024 |
| Rafael Carrasco SVP of Enterprise Strategy | Feb 13, 2026 | Sale | −7,352 | $234.50 | $1.72M | 15,540 |
| John A. Carroll VP & Chief Accounting Officer | Feb 11, 2026 | Sale | −1,021 | $234.71 | $239.64K | 8,309 |
| James C. Fish Jr Chief Executive Officer | Feb 10, 2026 | Sale(10b5-1 plan) | −5,706 | $230.87 | $1.32M | 220,087 |
| James C. Fish Jr Chief Executive Officer | Feb 9, 2026 | Sale(10b5-1 plan) | −30,390 | $230.36 | $7.00M | 225,793 |
| James C. Fish Jr Chief Executive Officer | Feb 6, 2026 | Sale(10b5-1 plan) | −657 | $230.00 | $151.11K | 256,183 |
| Tara J. Hemmer SVP & Chief Sustainability Off | Jan 30, 2026 | Sale(10b5-1 plan) | −690 | $219.71 | $151.60K | 83,736 |
| Michael J. Watson Sr. VP-Chief Customer Officer | Jan 30, 2026 | Sale(10b5-1 plan) | −687 | $219.79 | $151.00K | 48,755 |
| Donald J. Smith Sr. VP - Operations | Jan 30, 2026 | Sale(10b5-1 plan) | −690 | $219.59 | $151.52K | 13,376 |
| John J. Morris President & COO | Jan 30, 2026 | Sale(10b5-1 plan) | −690 | $219.49 | $151.45K | 106,635 |
| Rafael Carrasco SVP of Enterprise Strategy | Jan 30, 2026 | Sale(10b5-1 plan) | −690 | $219.01 | $151.12K | 22,892 |
| Kimberly G. Stith SVP - Chief HR Officer | Jan 30, 2026 | Sale(10b5-1 plan) | −157 | $219.65 | $34.49K | 4,776 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| John A. Carroll Officer | Sep 4, 2026 | 1,365 | $300.20K | Sep 4, 2026 | Dividend Reinvestment |
| Rafael Carrasco Officer | Jun 5, 2026 | 2,655 | $585.33K | Jun 5, 2026 | Exercise of employee stock options |
| David L. Reed Officer | Mar 9, 2026 | 75 | $18.39K | Mar 9, 2026 | Vesting of restricted stock unit award |
| John A. Carroll Officer | Mar 9, 2026 | 47 | $11.53K | Mar 9, 2026 | Vesting of restricted stock unit award |
| Christopher P. DeSantis Officer | Mar 9, 2026 | 61 | $14.98K | Mar 9, 2026 | Vesting of restricted stock unit award |
| Johnson Varkey Officer | Mar 9, 2026 | 121 | $29.68K | Mar 9, 2026 | Vesting of restricted stock unit awards |
| John J. Morris Officer | Mar 9, 2026 | 4,211 | $1.02M | Mar 9, 2026 | Exercise of employee stock options |
| John J. Morris Officer | Mar 6, 2026 | 7,979 | $1.96M | Mar 6, 2026 | Vesting of performance share unit awards |
| Johnson Varkey Officer | Mar 3, 2026 | 617 | $150.63K | Mar 3, 2026 | Employee stock purchase plan |
| David L. Reed Officer | Mar 2, 2026 | 21 | $5.10K | Mar 2, 2026 | Vesting of restricted stock unit award |
| Kimberly G. Stith Officer | Mar 2, 2026 | 21 | $5.11K | Mar 2, 2026 | Vesting of restricted tock unit award |
| Michael J. Watson Officer | Mar 2, 2026 | 17,251 | $4.17M | Mar 2, 2026 | Vesting of performance share award |
| Tara J. Hemmer Officer | Mar 2, 2026 | 4,818 | $1.17M | Mar 2, 2026 | Vesting of performance share unit award |
| John A. Carroll Officer | Feb 26, 2026 | 37 | $8.49K | Feb 26, 2026 | Vesting of performance share award |
| David L. Reed Officer | Feb 26, 2026 | 37 | $8.50K | Feb 26, 2026 | Vesting of performance share award |