Rathbones Group PLC Raises Stock Position in Republic Services, Inc. $RSG

Rathbones Group PLC raised its stake in shares of Republic Services, Inc. (NYSE:RSG) by 24.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,682 shares of the business services provider’s stock after purchasing an additional 22,500 shares during the period. Rathbones Group PLC’s holdings in Republic Services were worth $24,516,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Financial Consulate Inc. acquired a new position in shares of Republic Services during the 3rd quarter worth about $25,000. Wealth Watch Advisors INC acquired a new stake in Republic Services in the 3rd quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Republic Services by 121.8% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 67 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of Republic Services in the third quarter valued at approximately $29,000. Finally, Westside Investment Management Inc. boosted its stake in shares of Republic Services by 100.0% in the third quarter. Westside Investment Management Inc. now owns 172 shares of the business services provider’s stock worth $39,000 after acquiring an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on RSG shares. Sanford C. Bernstein increased their price objective on Republic Services from $205.00 to $220.00 and gave the company a “market perform” rating in a research note on Monday, January 5th. Oppenheimer dropped their target price on shares of Republic Services from $256.00 to $255.00 and set an “outperform” rating for the company in a report on Friday, January 23rd. Citigroup raised their price target on shares of Republic Services from $244.00 to $253.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Wells Fargo & Company boosted their price target on shares of Republic Services from $238.00 to $252.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 18th. Finally, Bank of America cut their price objective on shares of Republic Services from $271.00 to $241.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Thirteen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $246.40.

Republic Services Trading Up 0.0%

Shares of RSG opened at $223.25 on Monday. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average price of $221.84 and a 200 day moving average price of $217.93. Republic Services, Inc. has a 12-month low of $201.42 and a 12-month high of $258.75. The firm has a market capitalization of $68.97 billion, a P/E ratio of 32.59, a P/E/G ratio of 3.70 and a beta of 0.53.

Republic Services (NYSE:RSG) last posted its earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.14. The company had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.21 billion. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. Republic Services’s revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Sell-side analysts forecast that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a $0.625 dividend. This represents a $2.50 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, April 2nd. Republic Services’s dividend payout ratio is presently 36.79%.

Republic Services Profile

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.