Waste Connections, Inc. (WCN)

In the past six months, Waste Connections' stock has been influenced by several events, including a slight miss on EPS but a revenue beat in the third-quarter 2025 earnings report. The company increased its quarterly dividend by 11.1%. Analyst firms have actively covered WCN, with Goldman Sachs initiating coverage with a "Buy" rating. Insider selling activity has been noted, and the share price as of November 21, 2025, was $175.30, representing a decline of 9.08% from November 25, 2024.

The demand for Waste Connections' products and services exhibits seasonality, with revenues typically lowest in the first and fourth quarters and highest in the second and third quarters. Lower volumes of solid waste are generated in winter due to decreased construction and E&P activity, while summer and holiday seasons lead to increased waste generation. Greater precipitation in winter can increase the weight of collected municipal solid waste.

Waste Connections, Inc. is a North American integrated waste services company operating in the Industrials sector, specifically in the Waste Management industry. The company provides non-hazardous waste collection, transfer, disposal, and recycling services, as well as specialized services for the oil and natural gas industry. It also offers intermodal services and is involved in resource recovery. As of 2024, Waste Connections was the third-largest waste management company in North America.

Waste Connections, Inc. operates across North America, with a presence in 43 to 46 states in the United States and six provinces in Canada. The company's headquarters are located in The Woodlands, Texas.

In the past year, Waste Connections' reputation has been affected by issues related to its Chiquita Canyon Landfill in California. The company opened a relief fund to help residents mitigate noxious fumes and the EPA announced an ongoing investigation into the landfill, indicating that Waste Connections could face civil penalties if it does not comply with regulations.

Waste Connections, Inc.'s ownership is predominantly institutional, with major shareholders including The Vanguard Group, Inc., Royal Bank Of Canada, Fmr Llc, and BlackRock, Inc. Individual investors hold a smaller stake, while company insiders own less than 1% of the company.