Republic Services, Inc. $RSG Stake Lifted by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 8.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 66,283 shares of the business services provider’s stock after purchasing an additional 5,262 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Republic Services were worth $13,911,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of RSG. Bell Investment Advisors Inc purchased a new stake in shares of Republic Services in the 2nd quarter worth approximately $25,000. Laurel Wealth Advisors LLC purchased a new position in Republic Services during the third quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. purchased a new position in Republic Services during the second quarter valued at approximately $27,000. Compass Financial Management LLC bought a new position in Republic Services in the second quarter worth approximately $27,000. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Republic Services by 47.3% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 162 shares of the business services provider’s stock worth $35,000 after buying an additional 52 shares during the period. Institutional investors own 57.73% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Weiss Ratings upgraded Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Robert W. Baird upped their price objective on Republic Services from $242.00 to $245.00 and gave the stock a “neutral” rating in a research note on Thursday, October 22nd. Wolfe Research started coverage on Republic Services in a research report on Tuesday, September 15th. They set a “peer perform” rating on the stock. JPMorgan Chase & Co. lifted their target price on Republic Services from $245.00 to $265.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Royal Bank Of Canada boosted their target price on shares of Republic Services from $272.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday. Twelve research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Republic Services has an average rating of “Moderate Buy” and a consensus target price of $245.25.

Insider Buying and Selling at Republic Services

In related news, major shareholder Cascade Investment, L.L.C. acquired 324,810 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were purchased at an average price of $222.89 per share, for a total transaction of $72,396,900.90. Following the completion of the acquisition, the insider directly owned 117,058,444 shares in the company, valued at $26,091,156,583.16. The trade was a 0.28% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought a total of 6,254,462 shares of company stock worth $1,380,321,958 in the last 90 days. 0.12% of the stock is currently owned by insiders.

Republic Services Stock Performance

Shares of RSG opened at $243.92 on Friday. Republic Services, Inc. has a 12 month low of $196.41 and a 12 month high of $249.37. The stock has a fifty day moving average price of $222.47 and a 200-day moving average price of $216.81. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. The firm has a market cap of $74.69 billion, a PE ratio of 33.74, a P/E/G ratio of 3.92 and a beta of 0.39.

Republic Services (NYSE:RSG) last posted its quarterly earnings data on Thursday, October 29th. The business services provider reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $0.01. Republic Services had a return on equity of 18.65% and a net margin of 12.93%. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter last year, the firm earned $1.90 EPS. The business’s quarterly revenue was up 8.2% on a year-over-year basis. Equities research analysts predict that Republic Services, Inc. will post 7.26 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Monday, January 4th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, January 4th. Republic Services’s dividend payout ratio (DPR) is currently 37.07%.

Key Stories Impacting Republic Services

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $1.94 versus the $1.93 consensus, while revenue climbed 8.2% year over year to $4.559 billion, ahead of the roughly $4.42 billion estimate. Net income rose to $592 million, or $1.93 per diluted share, from $550 million a year earlier. Pricing strength and growth in Environmental Solutions supported the performance. Republic Services Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year outlook was raised: Republic Services increased its 2026 revenue guidance to approximately $17.425 billion–$17.475 billion, above the prior outlook and analyst expectations. The company also raised adjusted EBITDA and adjusted free-cash-flow expectations, signaling continued confidence in operating trends and cash generation. Republic Services 2026 Revenue Outlook
• Positive Sentiment: Large buyback adds a shareholder-return catalyst: The board authorized $5 billion in share repurchases running from January 2027 through December 2029. The authorization could support per-share earnings and provide additional demand for the stock. Republic Services Announces Share Buyback
• Positive Sentiment: Analyst support improved: Royal Bank of Canada raised its price target from $272 to $277 and maintained an “outperform” rating, implying further upside based on the reported share price. RBC Raises Republic Services Price Target
• Neutral Sentiment: Republic Services declared a quarterly dividend of $0.67 per share, maintaining an annualized payout of $2.68.
• Neutral Sentiment: The stock’s valuation remains a consideration, with a reported price-to-earnings ratio above 34 and analyst targets ranging widely, indicating that much of the strong outlook may already be reflected in the shares.

Republic Services Company Profile

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.