Core Viewpoint - Casella Waste Systems, Inc. will participate in the Gabelli Funds 12th Annual Waste and Sustainability Symposium on April 9, 2026, highlighting its commitment to engaging with investors and stakeholders in the waste management and sustainability sectors [1]. Company Participation - The company’s management will present at the investor conference, indicating an active approach to investor relations and transparency [1]. - Presentation materials will be available prior to the event on the company's investor website, ensuring that investors have access to relevant information [1]. Access to Information - A live webcast link will be posted on the company's investor website, allowing broader access to the presentation for interested parties [1].

Group 1 - Delek Logistics Partners, LP has made its 2025 K-1 tax packages available on a third-party provider's website, with printing and mailing currently underway [1] - The company is a midstream energy master limited partnership based in Brentwood, Tennessee, providing various services including gathering, pipeline, transportation, and storage primarily in the Permian Basin and Gulf Coast region [1][1] - Delek US Holdings, Inc. owns the general partner interest and a majority limited partner interest in Delek Logistics Partners, LP, and is also a significant customer [1] Group 2 - Delek Logistics Partners, LP filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission on February 27, 2026 [1] - The company reported record financial results for the fourth quarter of 2025, driven by strong performance across its crude, gas, and water businesses [1] - A conference call to discuss the fourth quarter 2025 results is scheduled for February 27, 2026, at 11:30 a.m. CT [1]

Company Overview - Casella Waste Systems is a leading integrated waste management company in the northeastern U.S., focusing on maximizing resource recovery and providing comprehensive services to a diverse customer base [6] - The company operates a vertically integrated model, managing collection operations, transfer stations, recycling facilities, and landfills [9] Financial Performance - For 2025, Casella Waste Systems reported revenue of $1.8 billion, an increase of 18%, with adjusted EBITDA rising 17% to $422.8 million [10] - Adjusted free cash flow increased to $179.9 million, up 13.6%, despite a compression in reported net income due to higher depreciation from acquisitions [10] - The company guided for adjusted EBITDA of $455 million to $465 million for 2026, indicating continued mid-teens cash flow expansion [11] Market Position - As of the latest filing, Casella Waste Systems shares were priced at $93, down 18% over the past year, underperforming the S&P 500's approximately 15% gain [8] - The company benefits from stable demand and regulatory-driven barriers to entry in the waste sector, which limits competition [6][11] Investment Insights - 4D Advisors initiated a new position in Casella Waste Systems, acquiring 95,000 shares valued at $9.30 million, representing 5.1% of their 13F reportable assets under management [2][8] - The investment reflects a strategy of adding durable assets within a portfolio that includes sectors like tobacco and data analytics [12]

Core Viewpoint - Casella Waste Systems, Inc. will present business and financial updates at two upcoming conferences, indicating ongoing engagement with investors and stakeholders [1]. Group 1: Conference Details - The company will participate in the Raymond James Institutional Investors Conference on March 3, 2026, at 2:50 PM EST in Orlando, FL [1]. - The J.P. Morgan Industrials Conference is scheduled for March 17, 2026, at 4:20 PM EDT in Washington, DC [1]. - Presentation materials will be available prior to the events on the company's investor website [1]. Group 2: Investor Relations - A live webcast link for both conferences will be posted on the company's investor website [1]. - For further inquiries, Brian J. Butler, CFA, serves as the Vice President of Investor Relations and can be contacted at (802) 855-4070 [2].

Company Overview - Waste Management, Inc. (NYSE: WM) is a leading provider of comprehensive waste management services in North America, offering collection, transfer, recycling, and disposal services [1] - The company competes with other waste management firms such as Republic Services and Waste Connections [1] Recent Executive Activity - WM's CEO, James C. Fish Jr., sold 5,706 shares at $230.87 each, while retaining 220,087 shares [1][5] Institutional Investment - Envestnet Asset Management Inc. increased its stake in WM by 16.9% in the third quarter, acquiring an additional 144,860 shares, bringing its total to 1,001,706 shares, valued at $221.2 million [2] - Peregrine Asset Advisers Inc. boosted its holdings by 372.5% to 5,046 shares, valued at $1.1 million [3] - Telos Capital Management Inc. also increased its position in WM by 10.1% [3] Stock Performance - WM's stock is currently priced at $232.03, reflecting a $1.53 increase or 0.66% rise [4] - The stock has fluctuated between $229 and $233.50 today, with a year-high of $242.58 and a low of $194.11 [4][5] - WM's market capitalization is approximately $93.48 billion, with a trading volume of 1,040,699 shares [4]

Core Insights - Waste Management, Inc. operates one of North America's largest environmental services platforms with a market cap of $91.4 billion, focusing on waste collection, recycling, disposal, and energy conversion from landfill gas [1] Stock Performance - Over the past 52 weeks, WM stock gained 2.5%, underperforming the S&P 500 Index's 15.6% gain, but year-to-date, WM stock rose 4.9%, outperforming the broader market's 1.7% increase [2] - The State Street Industrial Select Sector SPDR ETF (XLI) has increased by 26.5% over the past year and 12% year-to-date, highlighting the sector's strong performance compared to WM [3] Q4 2025 Earnings Results - In Q4 2025, Waste Management reported revenue of $6.31 billion, which was below the expected $6.39 billion, despite a year-over-year increase of 7.1%, leading to a nearly 3.7% decline in shares [5] - Adjusted EPS was reported at $1.93, slightly below the consensus estimate of $1.95, but showed a year-over-year improvement of 13.5 [6] Margin and EBITDA Performance - Operating adjusted EBITDA in the Legacy Business rose by 10.1% in 2025, with margins expanding by 150 basis points to 31.5% [6] - Healthcare Solutions improved adjusted EBITDA margins by 180 basis points to 16.9% [6] Management Outlook - For 2026, management projects operating EBITDA between $8.15 billion and $8.25 billion, with free cash flow expected to be between $3.7 billion and $3.8 billion, reflecting the strength of Waste Management's solid waste network and investments in various projects [7] - Analysts anticipate diluted EPS of $8.14 for fiscal year 2026, indicating an 8.5% year-over-year growth, with Waste Management having beaten EPS expectations in two of the past four quarters [8]

Group 1: ClearBridge Investments Overview - ClearBridge Investments released its "ClearBridge Mid Cap Strategy" Q4 2025 investor letter, reporting underperformance compared to the Russell Midcap Index, which returned 0.16% during the period [1] - The underperformance was attributed to narrow market leadership and sentiment-driven trading, with weaknesses in information technology and real estate holdings impacting returns, while gains in select consumer discretionary stocks provided partial support [1] - The firm noted that elevated dispersion and uneven earnings reactions continued to shape mid-cap equity performance during the quarter [1] Group 2: Future Outlook - The portfolio management team expressed cautious optimism, indicating that improving clarity around policy, interest rates, and business investment could create a more favorable backdrop for active stock selection [1] - The widening valuation gaps and strengthening fundamentals across many mid-cap companies were highlighted as positive indicators for future performance [1] Group 3: Casella Waste Systems Inc. Insights - ClearBridge Investments initiated positions in Casella Waste Systems Inc. (NASDAQ:CWST), a residential waste services provider, following a transitory selloff related to minor acquisition integration issues [3] - The company has a high proportion of recurring revenue, which supports durable long-term growth, and limited exposure to near-term AI disruption [3] - Casella Waste Systems Inc. has a market capitalization of approximately $6.501 billion, with shares trading between $82.2 to $121.24 over the last 52 weeks [2] Group 4: Hedge Fund Interest - Casella Waste Systems Inc. was held by 26 hedge fund portfolios at the end of the third quarter, an increase from 24 in the previous quarter [4] - Despite the interest, the company is not among the 30 most popular stocks among hedge funds, with a belief that some AI stocks may offer greater promise for higher returns in a shorter time frame [4]

Core Viewpoint - Casella Waste Systems, Inc. is set to release its financial results for Q4 2025 on February 19, 2026, after market close [1] Group 1: Financial Results Announcement - The financial results will cover the three months ended December 31, 2025 [1] - The announcement will be made after the market closes on February 19, 2026 [1] Group 2: Conference Call Details - A conference call to discuss the financial results will take place on February 20, 2026, at 10:00 a.m. Eastern Time [2] - Interested participants must register to obtain dial-in and passcode details [2] - The call will also be available via webcast on the company's website [2] Group 3: Additional Information - A replay of the conference call will be accessible on the company's website following the event [2] - For further inquiries, contact Brian J. Butler, VP of Investor Relations [3]

Group 1 - WaterBridge Infrastructure LLC (NYSE:WBI) experienced a significant share price increase of 18.76% from January 7 to January 14, 2026, making it one of the top-performing energy stocks for that week [1] - The company is recognized as the largest pure-play integrated water infrastructure provider in the U.S., offering essential services such as supply, recycling, and disposal to oil and gas producers across key shale basins [2] - Analyst Justin Jenkins from Raymond James upgraded WaterBridge Infrastructure from 'Outperform' to 'Strong Buy' on January 5, maintaining a price target of $30, indicating a positive outlook for the midstream supplier sector as it enters 2026 [3] Group 2 - The company's stock received additional support after CEO Jason Thomas Long purchased 5,000 Class A shares valued at $99,200 on January 5, alongside other insider investments, reflecting strong leadership confidence in the company's future [4]

Core Insights - Republic Services, Inc. (RSG) is a leading provider in the environmental and waste management sector, with a market capitalization of $67.2 billion, offering a range of services including non-hazardous solid waste collection and recycling [1] Company Overview - RSG is classified as a large-cap stock, reflecting its significant size and influence in the waste management industry, supported by strong operational footprint and customer retention [2] - The company has experienced a 16.1% decline from its 52-week high of $258.75, reached on June 3, and a 6.9% decrease over the past three months, underperforming the Industrial Select Sector SPDR Fund (XLI) [2] Stock Performance - Year-to-date, RSG shares are up 7.9%, while XLI has returned 16.6%, indicating underperformance in the longer term as RSG has decreased slightly over the past 52 weeks compared to XLI's 7.3% increase [3] - RSG has been trading below its 200-day moving average since early September and below its 50-day moving average since late June, confirming a bearish trend [3] Financial Performance - In Q3, RSG reported a revenue growth of 3.3% year-over-year to $4.2 billion, which was below analyst expectations due to cyclical volume pressures [4] - The company achieved an 80-basis-point increase in adjusted EBITDA margin, contributing to a 5% year-over-year rise in adjusted EPS to $1.90, exceeding consensus estimates by 7.3% [4]