Republic Services, Inc. $RSG Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its position in Republic Services, Inc. (NYSE:RSG) by 10,842.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 216,000 shares of the business services provider’s stock after purchasing an additional 214,026 shares during the period. International Assets Investment Management LLC’s holdings in Republic Services were worth $45,332,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Republic Services during the 2nd quarter valued at approximately $3,798,092,000. State Street Corp grew its stake in Republic Services by 1.6% during the 2nd quarter. State Street Corp now owns 9,953,507 shares of the business services provider’s stock valued at $2,120,893,000 after acquiring an additional 160,051 shares in the last quarter. Bank of America Corp DE purchased a new position in Republic Services during the second quarter worth approximately $682,573,000. Allspring Global Investments Holdings LLC increased its position in Republic Services by 68.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,256,190 shares of the business services provider’s stock worth $497,828,000 after purchasing an additional 913,249 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Republic Services by 1.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,132,434 shares of the business services provider’s stock valued at $454,379,000 after buying an additional 28,996 shares during the period. Institutional investors and hedge funds own 57.73% of the company’s stock.

More Republic Services News

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $1.94 versus the $1.93 consensus, while revenue climbed 8.2% year over year to $4.559 billion, ahead of the roughly $4.42 billion estimate. Net income rose to $592 million, or $1.93 per diluted share, from $550 million a year earlier. Pricing strength and growth in Environmental Solutions supported the performance. Republic Services Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year outlook was raised: Republic Services increased its 2026 revenue guidance to approximately $17.425 billion–$17.475 billion, above the prior outlook and analyst expectations. The company also raised adjusted EBITDA and adjusted free-cash-flow expectations, signaling continued confidence in operating trends and cash generation. Republic Services 2026 Revenue Outlook
• Positive Sentiment: Large buyback adds a shareholder-return catalyst: The board authorized $5 billion in share repurchases running from January 2027 through December 2029. The authorization could support per-share earnings and provide additional demand for the stock. Republic Services Announces Share Buyback
• Positive Sentiment: Analyst support improved: Royal Bank of Canada raised its price target from $272 to $277 and maintained an “outperform” rating, implying further upside based on the reported share price. RBC Raises Republic Services Price Target
• Neutral Sentiment: Republic Services declared a quarterly dividend of $0.67 per share, maintaining an annualized payout of $2.68.
• Neutral Sentiment: The stock’s valuation remains a consideration, with a reported price-to-earnings ratio above 34 and analyst targets ranging widely, indicating that much of the strong outlook may already be reflected in the shares.

Republic Services Stock Performance

Shares of RSG opened at $243.92 on Friday. Republic Services, Inc. has a 12-month low of $196.41 and a 12-month high of $249.37. The stock has a market cap of $74.69 billion, a P/E ratio of 33.74, a PEG ratio of 3.80 and a beta of 0.39. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. The company has a 50-day moving average of $222.47 and a two-hundred day moving average of $216.81.

Republic Services (NYSE:RSG) last posted its earnings results on Thursday, October 29th. The business services provider reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $0.01. The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.42 billion. Republic Services had a return on equity of 18.65% and a net margin of 12.93%. Republic Services’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.90 EPS. As a group, research analysts predict that Republic Services, Inc. will post 7.26 EPS for the current fiscal year.

Republic Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Monday, January 4th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, January 4th. This represents a $2.68 annualized dividend and a yield of 1.1%. Republic Services’s payout ratio is presently 37.07%.

Insider Transactions at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. purchased 409,500 shares of the stock in a transaction dated Tuesday, September 8th. The stock was acquired at an average cost of $221.49 per share, for a total transaction of $90,700,155.00. Following the completion of the acquisition, the insider directly owned 116,166,330 shares in the company, valued at $25,729,680,431.70. This represents a 0.35% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have bought 6,254,462 shares of company stock valued at $1,380,321,958. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. UBS Group increased their price objective on shares of Republic Services from $233.00 to $235.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Sanford C. Bernstein increased their target price on Republic Services from $220.00 to $227.00 and gave the company a “market perform” rating in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Republic Services from $270.00 to $258.00 in a report on Friday, October 9th. Weiss Ratings raised Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Republic Services from $245.00 to $265.00 and gave the company a “neutral” rating in a research note on Friday. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.25.

Republic Services Company Profile

Republic Services, Inc is an environmental services company that provides waste collection, recycling and disposal solutions for residential, commercial, industrial and municipal customers. Its services include curbside collection, dumpster and roll-off container services, transfer station operations, landfill management and recycling processing.

The company also provides specialized environmental services, including hazardous waste management, emergency response, remediation and other sustainability-related solutions for businesses and government organizations.