2,908 Shares in Republic Services, Inc. $RSG Acquired by Tyche Wealth Partners LLC

Tyche Wealth Partners LLC bought a new position in shares of Republic Services, Inc. (NYSE:RSG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,908 shares of the business services provider’s stock, valued at approximately $616,000.

Several other hedge funds have also added to or reduced their stakes in RSG. Brighton Jones LLC boosted its position in Republic Services by 75.8% during the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock worth $3,988,000 after buying an additional 8,547 shares during the period. Federated Hermes Inc. raised its holdings in Republic Services by 23.2% during the 2nd quarter. Federated Hermes Inc. now owns 17,553 shares of the business services provider’s stock worth $4,329,000 after purchasing an additional 3,303 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Republic Services by 3.6% during the 2nd quarter. NewEdge Advisors LLC now owns 29,690 shares of the business services provider’s stock worth $7,322,000 after purchasing an additional 1,044 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in Republic Services by 0.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 94,626 shares of the business services provider’s stock worth $23,336,000 after purchasing an additional 688 shares during the last quarter. Finally, Ieq Capital LLC raised its holdings in Republic Services by 68.4% during the 2nd quarter. Ieq Capital LLC now owns 11,643 shares of the business services provider’s stock worth $2,871,000 after purchasing an additional 4,729 shares during the last quarter. 57.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on RSG shares. Weiss Ratings restated a “buy (b-)” rating on shares of Republic Services in a report on Friday, March 27th. Oppenheimer lowered their price target 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. Morgan Stanley lowered their price target on shares of Republic Services from $230.00 to $225.00 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. 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 report on Monday, February 23rd. Finally, Bank of America lowered their price target 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $247.00.

Republic Services Stock Performance

NYSE:RSG opened at $211.57 on Wednesday. The company has a fifty day moving average of $221.85 and a 200-day moving average of $217.39. The firm has a market capitalization of $65.37 billion, a P/E ratio of 30.89, a P/E/G ratio of 3.54 and a beta of 0.53. 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, Inc. has a twelve month low of $201.42 and a twelve month high of $258.75.

Republic Services (NYSE:RSG) last released its quarterly earnings data 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 during 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 for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, sell-side analysts anticipate that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders 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 annualized dividend and a dividend yield of 1.2%. Republic Services’s payout ratio is currently 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.