Republic Services, Inc. $RSG Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC reduced its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 40.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,685 shares of the business services provider’s stock after selling 33,841 shares during the quarter. NewEdge Advisors LLC’s holdings in Republic Services were worth $10,882,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in RSG. Keel Point LLC lifted its holdings in shares of Republic Services by 4.9% during the 1st quarter. Keel Point LLC now owns 1,530 shares of the business services provider’s stock valued at $335,000 after acquiring an additional 71 shares in the last quarter. Glenmede Trust Co. NA lifted its stake in shares of Republic Services by 1.0% during the first quarter. Glenmede Trust Co. NA now owns 10,465 shares of the business services provider’s stock worth $2,292,000 after purchasing an additional 100 shares in the last quarter. Groupama Asset Managment boosted its position in shares of Republic Services by 4.2% in the first quarter. Groupama Asset Managment now owns 4,285 shares of the business services provider’s stock worth $939,000 after buying an additional 174 shares during the period. BankChampaign National Association acquired a new stake in shares of Republic Services in the first quarter valued at about $330,000. Finally, Kensington Investment Counsel LLC lifted its position in Republic Services by 0.6% during the 1st quarter. Kensington Investment Counsel LLC now owns 27,570 shares of the business services provider’s stock worth $6,038,000 after acquiring an additional 154 shares in the last quarter. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Trending Headlines about Republic Services

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

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Adjusted EPS was $1.85, above the $1.81 consensus and up from $1.77 a year earlier. Revenue rose 4.6% year over year to $4.43 billion, surpassing estimates of $4.36 billion. Republic Services Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Republic raised its 2026 outlook. The company increased full-year revenue guidance to approximately $17.2 billion-$17.3 billion and projected adjusted EPS of $7.23-$7.28. It also raised EBITDA and cash-flow expectations, indicating continued operating momentum. Republic Services Raises Full-Year Guidance
• Positive Sentiment: The quarterly dividend increased approximately 7.2% to $0.67 per share. The payout boost reinforces the company’s shareholder-return appeal and confidence in its recurring cash flows. Republic Services Raises Dividend
• Positive Sentiment: Republic generated $2.38 billion in year-to-date operating cash flow, $1.58 billion in adjusted free cash flow and invested about $860 million in acquisitions during the first half of 2026. Republic Services Second-Quarter 2026 Results
• Neutral Sentiment: Barclays raised its price target from $233 to $240 but maintained an “equal weight” rating, signaling additional valuation upside while remaining cautious on the stock relative to peers. Barclays Price Target Update
• Negative Sentiment: Pricing gains came alongside volume pressure, and the new EPS range is slightly below the $7.29 analyst consensus, which could limit further upside if growth in underlying volumes remains weak.

Republic Services Stock Down 0.0%

Shares of Republic Services stock opened at $214.47 on Monday. The business has a 50-day moving average price of $213.04 and a 200 day moving average price of $214.98. Republic Services, Inc. has a fifty-two week low of $196.41 and a fifty-two week high of $238.62. The firm has a market cap of $65.98 billion, a P/E ratio of 30.38, a P/E/G ratio of 3.59 and a beta of 0.40. The company has a quick ratio of 0.67, a current ratio of 0.64 and a debt-to-equity ratio of 1.12.

Republic Services (NYSE:RSG) last issued its earnings results on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.81 by $0.04. The company had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. Republic Services had a return on equity of 18.69% and a net margin of 12.94%.The business’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. On average, sell-side analysts forecast that Republic Services, Inc. will post 7.29 earnings per share for the current fiscal year.

Republic Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.2%. This is a positive change from Republic Services’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Friday, October 2nd. Republic Services’s dividend payout ratio is presently 35.41%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on RSG. Barclays increased their price objective on shares of Republic Services from $233.00 to $240.00 and gave the company an “equal weight” rating in a research report on Friday. Royal Bank Of Canada lifted their price target on shares of Republic Services from $265.00 to $267.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Republic Services in a report on Friday, July 24th. Robert W. Baird dropped their target price on Republic Services from $242.00 to $240.00 and set a “neutral” rating on the stock in a research report on Thursday, April 16th. Finally, Morgan Stanley set a $232.00 price target on Republic Services in a report on Friday. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, Republic Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.63.

Insider Activity

In other news, major shareholder Cascade Investment, L.L.C. bought 366,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average price of $202.24 per share, for a total transaction of $74,019,840.00. Following the transaction, the insider owned 110,315,982 shares in the company, valued at approximately $22,310,304,199.68. This trade represents a 0.33% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Sandra M. Volpe sold 1,800 shares of Republic Services stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $211.28, for a total value of $380,304.00. Following the sale, the director directly owned 58 shares in the company, valued at approximately $12,254.24. This trade represents a 96.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have bought 909,000 shares of company stock valued at $186,957,065 in the last 90 days. Insiders own 0.12% of the company’s stock.

About Republic Services

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.