Republic Services, Inc. $RSG Stock: Robeco Schweiz AG Grows Holdings

Robeco Schweiz AG lifted its stake in Republic Services, Inc. (NYSE:RSG) by 81.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 148,677 shares of the business services provider’s stock after buying an additional 66,855 shares during the period. Robeco Schweiz AG’s holdings in Republic Services were worth $31,203,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Bell Investment Advisors Inc acquired a new position in Republic Services in the 2nd quarter valued at $25,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Republic Services during the 2nd quarter worth $27,000. Compass Financial Management LLC acquired a new stake in shares of Republic Services during the 2nd quarter worth $27,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Republic Services by 47.3% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 162 shares of the business services provider’s stock worth $35,000 after purchasing an additional 52 shares in the last quarter. Finally, SJS Investment Consulting Inc. increased its position in shares of Republic Services by 78.5% in the first quarter. SJS Investment Consulting Inc. now owns 232 shares of the business services provider’s stock worth $51,000 after purchasing an additional 102 shares during the period. Institutional investors and hedge funds own 57.73% of the company’s stock.

Insider Buying and Selling at Republic Services

In related news, major shareholder Cascade Investment, L.L.C. purchased 324,810 shares of Republic Services stock in a transaction dated Friday, September 11th. The shares were bought at an average cost of $222.89 per share, for a total transaction of $72,396,900.90. Following the purchase, the insider owned 117,058,444 shares in the company, valued at approximately $26,091,156,583.16. This trade represents a 0.28% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have purchased 6,254,462 shares of company stock valued at $1,380,321,958. Company insiders own 0.12% of the company’s stock.

Republic Services Trading Down 0.7%

Shares of RSG opened at $240.21 on Friday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services, Inc. has a 52-week low of $196.41 and a 52-week high of $243.22. The firm has a market cap of $73.56 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 3.86 and a beta of 0.39. The business’s fifty day moving average is $220.57 and its 200-day moving average is $214.54.

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

Republic Services Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from Republic Services’s previous quarterly dividend of $0.6250. The ex-dividend date of this dividend was Friday, October 2nd. Republic Services’s dividend payout ratio (DPR) is currently 37.96%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. BMO Capital Markets set a $244.00 price objective on shares of Republic Services in a research report on Thursday, October 15th. Barclays increased their price objective on shares of Republic Services from $233.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Robert W. Baird raised their target price on shares of Republic Services from $242.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday. Morgan Stanley dropped their target price on shares of Republic Services from $232.00 to $219.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Finally, UBS Group upped their price target on shares of Republic Services from $233.00 to $235.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $243.73.

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.