Alta Capital Management Llc/ 13F: Adds $2.5M to WM Stake
Key Points
- The fund's total investment in Waste Management is now valued at approximately $20.4 million, representing 1.92% of its portfolio.
- Alta Capital Management Llc/ held 100,098 $WM shares at quarter end, up 14.20% from the prior quarter.
- Waste Management shares recently traded around $241.11, which is about 0.7% above the $239.38 closing price on October 23, 2026.
- Analysts give Waste Management a consensus rating of 'buy' with a mean price target of $253.52.
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On October 26, 2026, Alta Capital Management boosted its position in Waste Management, Inc. (WM) by 12,445 shares, raising its total to 100,098 shares.
Where Waste Management Fits in Alta Capital Management's Portfolio
Alta Capital's investment in Waste Management now represents 1.92% of its total reported portfolio, ranking it 18th among the fund's 215 holdings. The increase of 12,445 shares reflects a 14.2% rise in this position, showing an estimated gain compared to the fund's cost basis.
Other Institutional Activity in Waste Management
Wilmington Savings Fund Society, FSB, increased its stake in Waste Management by 17,702 shares, bringing its total to 23,223 shares valued at about $4.74 million. NTV Asset Management also added 4,208 shares for a total of 27,792 shares worth approximately $5.67 million. Meanwhile, Godsey & Gibb grew its holdings by 96,431 shares, totaling 96,431 shares valued at about $19.66 million.
Waste Management, Inc. Stock Up 0.7%
Waste Management shares have been trading recently around $241.11, which is above the 50-day moving average by 11% and the 200-day average by 7.2%. However, the stock is about 2.8% below its 52-week high of $248.13, indicating that it has room for growth.
Recent Earnings
Waste Management reported trailing twelve-month revenue of approximately $25.67 billion, with an earnings per share (EPS) of $7.06. The next earnings report is scheduled for October 27, 2026.
Insider Buying and Selling at Waste Management, Inc.
There have been several insider sales at Waste Management this year. President John J. Morris Jr. sold 4,211 shares at an average price of $243.38 on March 9, 2026. Officer John A. Carroll sold 47 shares at $245.30 on the same day, while Rafael Carrasco, also an officer, sold 2,655 shares at $220.46 on June 5, 2026.
Analysts Set New Price Targets
On July 30, 2026, RBC Capital maintained a 'Sector Perform' rating with a target of $244.00. UBS also maintained a 'Buy' rating with a target of $270.00 on August 4, 2026. JP Morgan maintained an 'Overweight' rating with a revised target of $235.00 on October 8, 2026.
About Waste Management
Waste Management, Inc. provides environmental solutions to a wide range of customers in the U.S. and internationally. The company plays a crucial role in managing waste and offers services related to waste disposal and recycling, which are vital for sustainability efforts.
Bottom Line
Investors should keep an eye on Waste Management's upcoming earnings report on October 27, 2026, as well as any further institutional filings that may impact its stock performance.
Source: Alta Capital Management Llc/'s 13F filing on $WM (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts