International Assets Investment Management LLC boosted its position in shares of Republic Services, Inc. (NYSE:RSG – Free Report) by 10,842.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 216,000 shares of the business services provider’s stock after acquiring an additional 214,026 shares during the quarter. International Assets Investment Management LLC owned 0.07% of Republic Services worth $45,332,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of RSG. Focus Financial Network Inc. lifted its stake in shares of Republic Services by 2.5% in the 2nd quarter. Focus Financial Network Inc. now owns 1,861 shares of the business services provider’s stock worth $397,000 after purchasing an additional 46 shares during the period. Secure Asset Management LLC grew its position in Republic Services by 3.3% during the third quarter. Secure Asset Management LLC now owns 1,455 shares of the business services provider’s stock valued at $305,000 after buying an additional 47 shares during the period. AlphaCentric Advisors LLC increased its holdings in Republic Services by 5.9% during the first quarter. AlphaCentric Advisors LLC now owns 903 shares of the business services provider’s stock valued at $198,000 after buying an additional 50 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Republic Services by 47.3% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 162 shares of the business services provider’s stock valued at $35,000 after buying an additional 52 shares during the last quarter. Finally, Burford Brothers Inc. raised its position in Republic Services by 2.8% in the second quarter. Burford Brothers Inc. now owns 1,944 shares of the business services provider’s stock worth $414,000 after acquiring an additional 53 shares during the period. Institutional investors own 57.73% of the company’s stock.
Republic Services Trading Up 3.2%
Shares of NYSE RSG opened at $243.92 on Friday. The stock has a market capitalization of $74.69 billion, a P/E ratio of 33.74, a PEG ratio of 3.80 and a beta of 0.39. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.64 and a quick ratio of 0.64. The business’s 50 day moving average is $222.47 and its two-hundred day moving average is $216.81. Republic Services, Inc. has a 1-year low of $196.41 and a 1-year high of $249.37.
Republic Services (NYSE:RSG – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The business services provider reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.01. Republic Services had a return on equity of 18.65% and a net margin of 12.93%. The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the prior year, the firm posted $1.90 EPS. Republic Services’s quarterly revenue was up 8.2% compared to the same quarter last year. As a group, research analysts expect that Republic Services, Inc. will post 7.26 EPS for the current year.
Republic Services Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Monday, January 4th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.1%. Republic Services’s dividend payout ratio is currently 37.07%.
Insider Transactions at Republic Services
In other Republic Services news, major shareholder Cascade Investment, L.L.C. acquired 409,500 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were bought at an average price of $221.49 per share, with a total value of $90,700,155.00. Following the transaction, the insider directly owned 116,166,330 shares of the company’s stock, valued at $25,729,680,431.70. The trade was a 0.35% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. In the last three months, insiders acquired 6,254,462 shares of company stock worth $1,380,321,958. 0.12% of the stock is owned by insiders.
Republic Services News Summary
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.
Analyst Ratings Changes
Several research analysts have recently weighed in on RSG shares. Weiss Ratings upgraded shares of Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. The Goldman Sachs Group reduced their price objective on Republic Services from $256.00 to $246.00 and set a “buy” rating for the company in a research note on Friday, October 2nd. UBS Group raised their target price on Republic Services from $233.00 to $235.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Raymond James Financial set a $235.00 price objective on Republic Services in a research report on Friday, October 9th. Finally, Royal Bank Of Canada upped their target price on shares of Republic Services from $272.00 to $277.00 and gave the stock an “outperform” rating in a report on Friday. Twelve investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Republic Services has a consensus rating of “Moderate Buy” and an average target price of $245.25.
View Our Latest Analysis on Republic Services
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.
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