Financial Counselors Inc. increased its stake in Waste Management, which reported strong earnings and plans a $0.75 dividend.

Financial Counselors Inc. increased its stake in Waste Management, Inc. by 3.2%, now owning 97,426 shares. The company reported strong third-quarter earnings of $1.96 per share, exceeding expectations. Waste Management plans to pay a quarterly dividend of $0.75 per share on December 20th. Several other institutions have also increased their holdings in the company, and analysts have raised their ratings and price targets. The company has a market cap of $91.71 billion and a price-to-earnings ratio of 34.94.

November 28, 2024
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