Republic Services, Inc. (RSG) – What Are Investment Firms Thinking About This Stock?

Republic Services, Inc. (NYSE:RSG) has earned an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are covering the company, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $243.73.

RSG has been the subject of several research reports. Citigroup lifted their price target on shares of Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research report on Friday, July 10th. The Goldman Sachs Group lowered their price objective on shares of Republic Services from $256.00 to $246.00 and set a “buy” rating on the stock in a report on Friday, October 2nd. Morgan Stanley dropped their price objective on shares of Republic Services from $232.00 to $219.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 13th. Robert W. Baird lifted their price objective on shares of Republic Services from $242.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Scotiabank reissued a “sector perform” rating and set a $236.00 target price on shares of Republic Services in a research report on Thursday, October 15th.

Insider Transactions at Republic Services

In related news, major shareholder Cascade Investment, L.L.C. acquired 409,500 shares of the stock in a transaction dated Tuesday, September 8th. The stock was purchased at an average cost of $221.49 per share, with a total value of $90,700,155.00. Following the completion of the purchase, the insider directly owned 116,166,330 shares in the company, valued at $25,729,680,431.70. This trade represents a 0.35% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders bought 6,254,462 shares of company stock worth $1,380,321,958. 0.12% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of RSG. Valley National Advisers Inc. lifted its stake in Republic Services by 16.8% in the third quarter. Valley National Advisers Inc. now owns 10,173 shares of the business services provider’s stock valued at $2,135,000 after purchasing an additional 1,464 shares during the last quarter. Robeco Schweiz AG grew its holdings in Republic Services by 81.7% during the third quarter. Robeco Schweiz AG now owns 148,677 shares of the business services provider’s stock valued at $31,203,000 after purchasing an additional 66,855 shares during the period. Gibbs Wealth Management increased its position in Republic Services by 21.6% in the third quarter. Gibbs Wealth Management now owns 2,262 shares of the business services provider’s stock worth $475,000 after buying an additional 402 shares during the last quarter. Tectonic Advisors LLC increased its position in Republic Services by 15.3% in the third quarter. Tectonic Advisors LLC now owns 3,440 shares of the business services provider’s stock worth $722,000 after buying an additional 457 shares during the last quarter. Finally, Inspire Investing LLC increased its position in Republic Services by 10.4% in the third quarter. Inspire Investing LLC now owns 56,947 shares of the business services provider’s stock worth $11,951,000 after buying an additional 5,351 shares during the last quarter. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Republic Services Stock Down 0.7%

RSG stock opened at $240.21 on Friday. The stock’s 50 day simple moving average is $220.57 and its 200 day simple moving average is $214.54. Republic Services has a fifty-two week low of $196.41 and a fifty-two week high of $243.22. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.64 and a current ratio of 0.64. The company has a market cap of $73.56 billion, a P/E ratio of 34.02, a price-to-earnings-growth ratio of 3.89 and a beta of 0.39.

Republic Services (NYSE:RSG) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.04. The firm had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.36 billion. Republic Services had a return on equity of 18.69% and a net margin of 12.94%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.77 earnings per share. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. On average, research analysts expect that Republic Services will post 7.26 earnings per share for the current fiscal year.

Republic Services Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Friday, October 2nd were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, October 2nd. This is a positive change from Republic Services’s previous quarterly dividend of $0.6250. Republic Services’s payout ratio is 37.96%.

About Republic Services

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.