Republic Services, Inc. $RSG Stock Position Reduced by US Bancorp DE

US Bancorp DE cut its stake in shares of Republic Services, Inc. (NYSE:RSG) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 142,707 shares of the business services provider’s stock after selling 7,843 shares during the quarter. US Bancorp DE’s holdings in Republic Services were worth $30,244,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in RSG. Financial Consulate Inc. bought a new position in shares of Republic Services during the third quarter valued at approximately $25,000. Wealth Watch Advisors INC bought a new position in shares of Republic Services during the third quarter valued at approximately $26,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Republic Services by 121.8% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Ameriflex Group Inc. bought a new position in shares of Republic Services during the third quarter valued at approximately $29,000. Finally, Sound Income Strategies LLC bought a new position in shares of Republic Services during the fourth quarter valued at approximately $32,000. 57.73% of the stock is owned by institutional investors.

Republic Services Stock Performance

Shares of RSG stock opened at $206.58 on Friday. Republic Services, Inc. has a 12-month low of $201.42 and a 12-month high of $258.75. The firm has a market capitalization of $63.82 billion, a price-to-earnings ratio of 30.16, a price-to-earnings-growth ratio of 3.47 and a beta of 0.43. The business has a 50 day simple moving average of $218.78 and a 200 day simple moving average of $216.13. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64.

Republic Services (NYSE:RSG) last issued its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.14. The business had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.21 billion. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. On average, equities research analysts anticipate that Republic Services, Inc. will post 7.22 EPS for the current year.

Republic Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd were paid a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, April 2nd. Republic Services’s dividend payout ratio (DPR) is presently 36.79%.

Wall Street Analysts Forecast Growth

RSG has been the subject of several recent research reports. Morgan Stanley lowered their target price on Republic Services from $230.00 to $225.00 and set an “equal weight” rating for the company in a report on Wednesday, February 18th. Weiss Ratings lowered Republic Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Sanford C. Bernstein upped their target price on Republic Services from $205.00 to $220.00 and gave the company a “market perform” rating in a report on Monday, January 5th. JPMorgan Chase & Co. upped their target price on Republic Services from $233.00 to $245.00 and gave the company a “neutral” rating in a report on Friday, April 10th. Finally, Wells Fargo & Company increased their price objective on Republic Services from $238.00 to $252.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Nine equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $244.67.

Republic Services Company 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.