MGO One Seven LLC decreased its position in shares of Republic Services, Inc. (NYSE:RSG – Free Report) by 30.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,017 shares of the business services provider’s stock after selling 5,788 shares during the quarter. MGO One Seven LLC’s holdings in Republic Services were worth $2,759,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in RSG. Vanguard Group Inc. lifted its stake in shares of Republic Services by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 19,107,360 shares of the business services provider’s stock worth $4,384,757,000 after purchasing an additional 49,365 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Republic Services by 15.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,098,273 shares of the business services provider’s stock worth $711,003,000 after purchasing an additional 409,142 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Republic Services by 6.0% during the 3rd quarter. Bank of America Corp DE now owns 2,031,005 shares of the business services provider’s stock worth $466,075,000 after purchasing an additional 114,291 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Republic Services by 5.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,458,550 shares of the business services provider’s stock worth $359,695,000 after purchasing an additional 76,593 shares during the last quarter. Finally, Chilton Investment Co. Inc. lifted its stake in shares of Republic Services by 4.2% during the 3rd quarter. Chilton Investment Co. Inc. now owns 1,353,587 shares of the business services provider’s stock worth $310,621,000 after purchasing an additional 54,452 shares during the last quarter. Institutional investors own 57.73% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on RSG shares. JPMorgan Chase & Co. upped their price objective on Republic Services from $233.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $249.00 price objective on shares of Republic Services in a research note on Friday. Morgan Stanley lowered their price target on Republic Services from $230.00 to $225.00 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. Barclays set a $227.00 price target on Republic Services in a report on Monday, February 23rd. Finally, Citigroup raised their price target on Republic Services from $244.00 to $253.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Eleven investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $246.00.
Republic Services Price Performance
Shares of NYSE RSG opened at $199.82 on Monday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.64 and a current ratio of 0.67. The company has a market cap of $61.74 billion, a PE ratio of 28.67, a P/E/G ratio of 3.32 and a beta of 0.43. The business has a 50-day simple moving average of $217.64 and a two-hundred day simple moving average of $215.64. Republic Services, Inc. has a fifty-two week low of $198.24 and a fifty-two week high of $258.75.
Republic Services (NYSE:RSG – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The business services provider reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.06. The business had revenue of $4.11 billion during the quarter, compared to the consensus estimate of $4.10 billion. Republic Services had a return on equity of 18.57% and a net margin of 13.00%.The company’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the company earned $1.58 earnings per share. As a group, equities analysts expect that Republic Services, Inc. will post 7.22 EPS for the current fiscal year.
Republic Services Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be paid a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, July 2nd. Republic Services’s dividend payout ratio (DPR) is presently 36.15%.
Key Stories Impacting Republic Services
Here are the key news stories impacting Republic Services this week:
- Positive Sentiment: Royal Bank of Canada raised its price target on Republic Services (RSG) from $265 to $267 and reiterated an outperform rating, implying meaningful upside from current levels. Benzinga
- Positive Sentiment: RSG reported first-quarter EPS of $1.70, beating the consensus estimate of $1.64, while revenue of $4.11 billion also slightly topped expectations. Republic Services Q1 2026 Results
- Positive Sentiment: Management highlighted pricing discipline and cost controls, which helped lift the adjusted EBITDA margin to 32.1% and expanded net income and adjusted free cash flow. Zacks Q1 Earnings Beat
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.
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