CIBC Bancorp USA Inc. Invests $12.82 Million in Waste Management, Inc. $WM

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2026-03-21 04:14:38

Abstract generation in progress

CIBC Bancorp USA Inc. has purchased a new stake of 58,070 shares in Waste Management, Inc. (NYSE:WM) worth approximately $12.82 million during the third quarter. The company also recently increased its quarterly dividend to $0.945 per share, resulting in an annualized dividend of $3.78 and a yield of 1.6%. Despite slightly missing quarterly earnings and revenue estimates, analysts maintain a “Moderate Buy” consensus rating with an average target price of $254.59 for Waste Management.

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