TD Waterhouse Canada Inc. Sells 4,163 Shares of Republic Services, Inc. $RSG

TD Waterhouse Canada Inc. trimmed its position in shares of Republic Services, Inc. (NYSE:RSG) by 28.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,629 shares of the business services provider’s stock after selling 4,163 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Republic Services were worth $2,252,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Republic Services by 0.3% during the third quarter. Vanguard Group Inc. now owns 19,107,360 shares of the business services provider’s stock worth $4,384,757,000 after buying an additional 49,365 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Republic Services by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 3,098,273 shares of the business services provider’s stock worth $711,003,000 after buying an additional 409,142 shares during the last quarter. Bank of America Corp DE grew its stake in Republic Services by 6.0% during the third quarter. Bank of America Corp DE now owns 2,031,005 shares of the business services provider’s stock worth $466,075,000 after buying an additional 114,291 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Republic Services by 5.5% during the second quarter. Ameriprise Financial Inc. now owns 1,458,550 shares of the business services provider’s stock worth $359,695,000 after buying an additional 76,593 shares during the last quarter. Finally, Chilton Investment Co. Inc. grew its stake in Republic Services by 4.2% during the third quarter. Chilton Investment Co. Inc. now owns 1,353,587 shares of the business services provider’s stock worth $310,621,000 after buying an additional 54,452 shares during the last quarter. 57.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

RSG has been the topic of a number of research reports. Morgan Stanley reduced their target price on shares of Republic Services from $230.00 to $225.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 18th. JPMorgan Chase & Co. upped their target price on shares of Republic Services from $233.00 to $245.00 and gave the stock a “neutral” rating in a research report on Friday, April 10th. BMO Capital Markets reduced their target price on shares of Republic Services from $251.00 to $248.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. UBS Group upped their target price on shares of Republic Services from $225.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Finally, Wolfe Research initiated coverage on shares of Republic Services in a research report on Friday, March 13th. They set a “peer perform” rating on the stock. Twelve analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $245.79.

Republic Services Price Performance

Shares of RSG stock opened at $204.98 on Thursday. Republic Services, Inc. has a 1 year low of $201.42 and a 1 year high of $258.75. The firm’s 50 day moving average is $220.19 and its 200-day moving average is $216.67. The firm has a market capitalization of $63.33 billion, a price-to-earnings ratio of 29.92, a PEG ratio of 3.41 and a beta of 0.53. The company has a current ratio of 0.64, a quick 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 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The business had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same period in the prior year, the business posted $1.58 earnings per share. Republic Services’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. Sell-side analysts forecast that Republic Services, Inc. will post 7.22 EPS for the current fiscal year.

Republic Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd were issued a $0.625 dividend. This represents a $2.50 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, April 2nd. Republic Services’s dividend 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.