Republic Services, Inc. $RSG Position Lifted by Heirloom Wealth Management

Heirloom Wealth Management boosted its position in shares of Republic Services, Inc. (NYSE:RSG) by 20.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,717 shares of the business services provider’s stock after buying an additional 17,549 shares during the period. Republic Services accounts for approximately 5.0% of Heirloom Wealth Management’s portfolio, making the stock its 7th biggest holding. Heirloom Wealth Management’s holdings in Republic Services were worth $21,769,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Republic Services by 75.8% in the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock valued at $3,988,000 after acquiring an additional 8,547 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Republic Services by 3.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 35,735 shares of the business services provider’s stock worth $8,813,000 after purchasing an additional 1,290 shares during the period. Fisher Asset Management LLC boosted its stake in Republic Services by 4.9% during the 2nd quarter. Fisher Asset Management LLC now owns 6,217 shares of the business services provider’s stock worth $1,533,000 after purchasing an additional 289 shares during the period. Portfolio Design Labs LLC grew its position in Republic Services by 11.5% during the 2nd quarter. Portfolio Design Labs LLC now owns 16,323 shares of the business services provider’s stock worth $4,025,000 after purchasing an additional 1,682 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in Republic Services in the second quarter valued at $3,378,000. 57.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on RSG shares. Bank of America decreased their target price on shares of Republic Services from $271.00 to $241.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. Oppenheimer reduced their price objective on Republic Services from $256.00 to $255.00 and set an “outperform” rating for the company in a research note on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Republic Services in a research report on Friday. Barclays set a $227.00 target price on Republic Services in a research note on Monday, February 23rd. Finally, UBS Group upped their price target on Republic Services from $225.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, March 5th. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.40.

Republic Services Trading Down 1.1%

Shares of Republic Services stock opened at $219.22 on Wednesday. The firm has a market cap of $67.73 billion, a price-to-earnings ratio of 32.00, a price-to-earnings-growth ratio of 3.67 and a beta of 0.54. Republic Services, Inc. has a 52-week low of $201.42 and a 52-week high of $258.75. The company’s 50-day simple moving average is $221.46 and its 200-day simple moving average is $218.02. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.08.

Republic Services (NYSE:RSG) last announced its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The firm had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter last year, the firm earned $1.58 earnings per share. The firm’s revenue was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, equities research analysts anticipate that Republic Services, Inc. will post 6.86 earnings per share for the current year.

Republic Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be paid a $0.625 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.1%. Republic Services’s payout ratio is 36.50%.

Republic Services Company 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.