Republic Services, Inc. $RSG Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG lowered its position in Republic Services, Inc. (NYSE:RSG) by 22.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 193,030 shares of the business services provider’s stock after selling 55,203 shares during the period. J. Safra Sarasin Holding AG’s holdings in Republic Services were worth $40,909,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of RSG. Oregon Public Employees Retirement Fund raised its position in Republic Services by 32.9% during the third quarter. Oregon Public Employees Retirement Fund now owns 23,211 shares of the business services provider’s stock worth $5,326,000 after acquiring an additional 5,740 shares during the period. National Pension Service grew its position in shares of Republic Services by 1.2% in the third quarter. National Pension Service now owns 758,644 shares of the business services provider’s stock valued at $174,094,000 after purchasing an additional 9,041 shares during the period. Bessemer Group Inc. increased its stake in shares of Republic Services by 7,683.2% during the third quarter. Bessemer Group Inc. now owns 739,792 shares of the business services provider’s stock worth $169,768,000 after purchasing an additional 730,287 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Republic Services by 60.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 12,665 shares of the business services provider’s stock worth $2,906,000 after purchasing an additional 4,750 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV acquired a new position in shares of Republic Services during the 3rd quarter worth about $3,524,000. 57.73% of the stock is owned by hedge funds and other institutional investors.

Republic Services Trading Up 2.8%

RSG opened at $221.78 on Tuesday. The firm has a market capitalization of $68.52 billion, a price-to-earnings ratio of 32.38, a price-to-earnings-growth ratio of 3.57 and a beta of 0.54. The company’s 50 day simple moving average is $221.28 and its two-hundred day simple moving average is $218.08. Republic Services, Inc. has a 1-year low of $201.42 and a 1-year high of $258.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64.

Republic Services (NYSE:RSG) last posted its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.14. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The business had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.21 billion. During the same period in the prior year, the business earned $1.58 earnings per share. The business’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. Analysts expect that Republic Services, Inc. will post 6.86 EPS for the current fiscal year.

Republic Services Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be paid a $0.625 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.1%. Republic Services’s dividend payout ratio (DPR) is 36.79%.

Analyst Upgrades and Downgrades

RSG has been the topic of several research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Republic Services in a report on Friday. Oppenheimer decreased their target price on Republic Services from $256.00 to $255.00 and set an “outperform” rating on the stock in a research report on Friday, January 23rd. Barclays set a $227.00 price target on Republic Services in a research report on Monday, February 23rd. BMO Capital Markets reduced their price objective on Republic Services from $251.00 to $248.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Finally, Citigroup raised their price objective on Republic Services from $244.00 to $253.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Thirteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.