Republic Services, Inc. $RSG Holdings Raised by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA increased its position in shares of Republic Services, Inc. (NYSE:RSG) by 41.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 227,919 shares of the business services provider’s stock after purchasing an additional 67,344 shares during the quarter. Republic Services accounts for about 0.7% of Union Bancaire Privee UBP SA’s investment portfolio, making the stock its 25th largest holding. Union Bancaire Privee UBP SA owned about 0.07% of Republic Services worth $49,259,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in RSG. Vanguard Group Inc. raised its holdings in shares of 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 purchasing an additional 49,365 shares during the period. JPMorgan Chase & Co. grew its position 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 valued at $711,003,000 after buying an additional 409,142 shares during the last quarter. Norges Bank acquired a new stake in Republic Services during the second quarter worth about $690,313,000. Franklin Resources Inc. boosted its stake in Republic Services by 10.1% in the second quarter. Franklin Resources Inc. now owns 2,379,682 shares of the business services provider’s stock valued at $586,854,000 after acquiring an additional 218,114 shares during the period. Finally, Invesco Ltd. boosted its stake in Republic Services by 21.3% in the second quarter. Invesco Ltd. now owns 2,325,302 shares of the business services provider’s stock valued at $573,443,000 after acquiring an additional 408,885 shares during the period. Institutional investors own 57.73% of the company’s stock.

Republic Services Trading Up 0.4%

NYSE:RSG opened at $222.98 on Friday. The stock has a market cap of $68.86 billion, a price-to-earnings ratio of 32.55, a PEG ratio of 3.68 and a beta of 0.54. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services, Inc. has a 1 year low of $201.42 and a 1 year high of $258.75. The business has a fifty day moving average of $220.36 and a 200-day moving average of $218.94.

Republic Services (NYSE:RSG) last issued its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.14. The business had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.21 billion. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The company’s revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.58 earnings per share. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Equities analysts predict that Republic Services, Inc. will post 6.86 earnings per share for the current year.

Republic Services Dividend Announcement

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 issued a $0.625 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $2.50 annualized dividend and a dividend yield of 1.1%. Republic Services’s dividend payout ratio (DPR) is 36.50%.

Wall Street Analysts Forecast Growth

RSG has been the topic of several recent research reports. Bank of America cut their price target on Republic Services from $271.00 to $241.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Sanford C. Bernstein increased their target price on Republic Services from $205.00 to $220.00 and gave the stock a “market perform” rating in a research report on Monday, January 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Republic Services in a report on Monday, December 29th. Citigroup increased their price objective 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, Wells Fargo & Company boosted their target price on shares of Republic Services from $238.00 to $252.00 and gave the company an “overweight” rating in a research note on Wednesday. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Republic Services has an average rating of “Moderate Buy” and a consensus price target of $246.40.

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.