Republic Services (NYSE:RSG) Given New $265.00 Price Target at JPMorgan Chase & Co.

Republic Services (NYSE:RSG) had its target price increased by research analysts at JPMorgan Chase & Co. from $245.00 to $265.00 in a report issued on Friday, Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 8.64% from the company’s previous close.

A number of other equities analysts have also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Republic Services from $270.00 to $258.00 in a research report on Friday, October 9th. The Goldman Sachs Group reduced their price target on shares of Republic Services from $256.00 to $246.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Royal Bank Of Canada upped their price target on Republic Services from $272.00 to $277.00 and gave the company an “outperform” rating in a report on Friday. Citigroup upped their price objective on shares of Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Republic Services in a research note on Friday. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Republic Services currently has an average rating of “Moderate Buy” and an average price target of $245.09.

Republic Services Trading Up 3.2%

Shares of NYSE:RSG traded up $7.64 during mid-day trading on Friday, reaching $243.92. 2,403,919 shares of the company’s stock were exchanged, compared to its average volume of 1,530,171. The firm has a market capitalization of $74.69 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 3.75 and a beta of 0.39. Republic Services has a twelve month low of $196.41 and a twelve month high of $249.37. The business’s fifty day moving average price is $222.47 and its 200-day moving average price is $216.81. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.64 and a current ratio of 0.64.

Republic Services (NYSE:RSG) last posted its quarterly earnings data on Friday, October 30th. The business services provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $0.01. The company had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.42 billion. Republic Services had a return on equity of 18.69% and a net margin of 12.94%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company earned $1.90 earnings per share. On average, research analysts predict that Republic Services will post 7.26 EPS for the current fiscal year.

Insider Buying and Selling at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. purchased 409,500 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were acquired at an average price of $221.49 per share, with a total value of $90,700,155.00. Following the transaction, the insider owned 116,166,330 shares of the company’s stock, valued at $25,729,680,431.70. This represents a 0.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders purchased 6,254,462 shares of company stock worth $1,380,321,958. Insiders own 0.12% of the company’s stock.

Hedge Funds Weigh In On Republic Services

Several institutional investors have recently added to or reduced their stakes in RSG. Bell Investment Advisors Inc purchased a new position in Republic Services in the 2nd quarter valued at about $25,000. Laurel Wealth Advisors LLC purchased a new position in shares of Republic Services in the third quarter worth approximately $25,000. Edmond DE Rothschild Holding S.A. acquired a new position in Republic Services in the 2nd quarter worth about $27,000. Compass Financial Management LLC bought a new position in Republic Services in the 2nd quarter worth $27,000. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of 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 worth $35,000 after purchasing an additional 52 shares in the last quarter. Institutional investors and hedge funds own 57.73% of the company’s stock.

More Republic Services News

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.