Clark Capital Management Group Inc. Boosts Waste Management Stake

Investment firm increases holding in waste management services provider by 1.7%

Mar. 15, 2026 at 9:51am

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Clark Capital Management Group Inc. has increased its stake in Waste Management, Inc. (NYSE:WM) by 1.7% during the third quarter, according to a recent SEC filing. The investment firm now owns 256,094 shares of the business services provider's stock, valued at $56,553,000.

Why it matters

Waste Management is a leading provider of integrated waste management and environmental services in North America, serving a broad customer base that includes residential, commercial, industrial and municipal clients. The increase in Clark Capital's stake suggests the firm sees continued growth potential in the company.

The details

According to the 13F filing, Clark Capital Management Group acquired an additional 4,341 shares of Waste Management during the third quarter. The firm now owns a 0.06% stake in the company. Waste Management's stock has performed well over the past year, rising from around $194 per share to a current price of over $238.

  • Clark Capital Management Group filed its 13F for the third quarter on 2026-03-15.

The players

Clark Capital Management Group Inc.

An investment management firm that provides a range of investment strategies and solutions to individual and institutional clients.

Waste Management, Inc.

A leading provider of integrated waste management and environmental services in North America, serving residential, commercial, industrial and municipal customers.

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The takeaway

The increase in Clark Capital's stake in Waste Management suggests the firm sees continued growth potential in the waste management services provider, which has performed well over the past year amid rising demand for its integrated environmental solutions.