3,433 Shares in Republic Services, Inc. $RSG Bought by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC purchased a new stake in Republic Services, Inc. (NYSE:RSG) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,433 shares of the business services provider’s stock, valued at approximately $732,000.

A number of other large investors have also modified their holdings of the business. Laurel Wealth Advisors LLC acquired a new position in shares of Republic Services during the fourth quarter valued at about $25,000. Wealth Watch Advisors INC acquired a new stake in Republic Services in the 3rd quarter worth approximately $26,000. Prosperity Bancshares Inc purchased a new stake in Republic Services during the 4th quarter worth approximately $30,000. Hilton Head Capital Partners LLC acquired a new position in Republic Services during the 4th quarter valued at approximately $32,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in Republic Services by 47.3% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 162 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Republic Services Stock Up 0.3%

Shares of RSG stock opened at $215.28 on Tuesday. Republic Services, Inc. has a twelve month low of $196.41 and a twelve month high of $238.62. The stock has a market cap of $65.92 billion, a P/E ratio of 30.49, a P/E/G ratio of 3.51 and a beta of 0.40. The stock has a 50 day moving average of $214.22 and a 200 day moving average of $214.94. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12.

Republic Services (NYSE:RSG) last released its quarterly earnings data 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 business had revenue of $4.43 billion for 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 quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. As a group, sell-side analysts expect that Republic Services, Inc. will post 7.27 EPS for the current year.

Republic Services Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $249.00 price objective on shares of Republic Services in a research note on Friday, May 8th. Citigroup raised their target price on Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Morgan Stanley set a $232.00 price target on Republic Services in a research note on Friday, August 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Republic Services in a report on Friday, July 24th. Finally, Argus downgraded Republic Services from a “buy” rating to a “hold” rating in a report on Monday, May 11th. Eleven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Republic Services currently has an average rating of “Moderate Buy” and an average price target of $245.26.

Insiders Place Their Bets

In other news, major shareholder Cascade Investment, L.L.C. bought 261,664 shares of the stock in a transaction dated Monday, August 10th. The shares were acquired at an average cost of $214.89 per share, with a total value of $56,228,976.96. Following the purchase, the insider directly owned 111,065,646 shares in the company, valued at $23,866,896,668.94. The trade was a 0.24% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sandra M. Volpe sold 1,800 shares of the firm’s stock in a transaction dated 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 owned 58 shares in the company, valued at $12,254.24. This trade represents a 96.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders acquired 864,624 shares of company stock valued at $186,474,430 in the last ninety days. 0.12% of the stock is owned by corporate insiders.

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.