6,665 Shares in Republic Services, Inc. $RSG Acquired by Trivium Point Advisory LLC

Trivium Point Advisory LLC purchased a new stake in shares of Republic Services, Inc. (NYSE:RSG) in the second quarter, Holdings Channel.com reports. The fund purchased 6,665 shares of the business services provider’s stock, valued at approximately $1,420,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wealth Watch Advisors INC bought a new stake in shares of Republic Services during the third quarter worth $26,000. Laurel Wealth Advisors LLC bought a new position in shares of Republic Services in the fourth quarter valued at about $25,000. Prosperity Bancshares Inc acquired a new position in Republic Services during the 4th quarter worth about $30,000. Hilton Head Capital Partners LLC bought a new stake in Republic Services during the 4th quarter worth about $32,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in Republic Services by 47.3% in 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 acquiring an additional 52 shares in the last quarter. Institutional investors and hedge funds own 57.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Barclays upped their target price on shares of Republic Services from $233.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Morgan Stanley set a $232.00 price objective on shares of Republic Services in a research report on Friday, August 7th. Citigroup upped their price objective on Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Republic Services in a research report on Friday, July 24th. Finally, Royal Bank Of Canada boosted their target price on Republic Services from $265.00 to $267.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $245.26.

Republic Services Stock Up 0.0%

Shares of NYSE RSG opened at $214.75 on Monday. Republic Services, Inc. has a 1 year low of $196.41 and a 1 year high of $238.62. The firm’s 50-day moving average is $214.01 and its 200-day moving average is $214.95. 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 capitalization of $65.76 billion, a PE ratio of 30.42, a price-to-earnings-growth ratio of 3.51 and a beta of 0.40.

Republic Services (NYSE:RSG) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.04. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.36 billion. During the same period in the previous year, the firm posted $1.77 earnings per share. Republic Services’s revenue for the quarter was up 4.6% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Equities analysts expect that Republic Services, Inc. will post 7.27 EPS for the current year.

Republic Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be paid a $0.67 dividend. This is an increase from Republic Services’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.2%. Republic Services’s dividend payout ratio (DPR) is currently 35.41%.

Insider Buying and Selling at Republic Services

In other news, Director Sandra M. Volpe sold 1,800 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $211.28, for a total transaction of $380,304.00. Following the completion of the transaction, the director directly owned 58 shares in the company, valued at approximately $12,254.24. The trade was a 96.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. purchased 261,664 shares of the stock in a transaction dated Monday, August 10th. The stock was bought at an average cost of $214.89 per share, with a total value of $56,228,976.96. Following the completion of the purchase, the insider owned 111,065,646 shares in the company, valued at $23,866,896,668.94. The trade was a 0.24% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 864,624 shares of company stock worth $186,474,430 over the last 90 days. 0.12% of the stock is owned by corporate insiders.

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.