UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 28,996 Shares of Republic Services, Inc. $RSG

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 1.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,132,434 shares of the business services provider’s stock after purchasing an additional 28,996 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.70% of Republic Services worth $454,379,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of Republic Services during the 2nd quarter valued at approximately $3,798,092,000. State Street Corp grew its position in shares of Republic Services by 1.7% in the fourth quarter. State Street Corp now owns 9,695,747 shares of the business services provider’s stock valued at $2,054,820,000 after purchasing an additional 166,474 shares in the last quarter. Capital World Investors raised its stake in shares of Republic Services by 27.7% during the 4th quarter. Capital World Investors now owns 8,765,623 shares of the business services provider’s stock valued at $1,857,698,000 after purchasing an additional 1,899,183 shares during the period. Morgan Stanley raised its stake in shares of Republic Services by 38.6% during the 4th quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock valued at $1,133,509,000 after purchasing an additional 1,490,719 shares during the period. Finally, Wellington Management Group LLP boosted its stake in Republic Services by 18.9% in the 4th quarter. Wellington Management Group LLP now owns 5,070,130 shares of the business services provider’s stock worth $1,074,513,000 after purchasing an additional 807,525 shares during the period. Institutional investors own 57.73% of the company’s stock.

Insider Transactions at Republic Services

In other Republic Services news, major shareholder Cascade Investment, L.L.C. bought 301,639 shares of Republic Services stock in a transaction on Monday, August 24th. The stock was acquired at an average price of $222.91 per share, with a total value of $67,238,349.49. Following the acquisition, the insider owned 113,105,550 shares in the company, valued at approximately $25,212,358,150.50. This trade represents a 0.27% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have bought 3,131,145 shares of company stock valued at $685,244,030 over the last three months. 0.12% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on RSG. Royal Bank Of Canada increased their price target on shares of Republic Services from $265.00 to $267.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Argus lowered shares of Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Weiss Ratings upgraded Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $249.00 price objective on shares of Republic Services in a research note on Friday, May 8th. Finally, Citigroup upped 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. Twelve research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Republic Services has a consensus rating of “Moderate Buy” and a consensus price target of $245.26.

Republic Services Stock Performance

Republic Services stock opened at $222.24 on Monday. The firm has a fifty day simple moving average of $216.42 and a two-hundred day simple moving average of $215.13. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.12. Republic Services, Inc. has a twelve month low of $196.41 and a twelve month high of $235.18. The company has a market capitalization of $68.05 billion, a PE ratio of 31.48, a P/E/G ratio of 3.68 and a beta of 0.40.

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

Republic Services Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.67 per share. The ex-dividend date is Friday, October 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 1.2%. This is an increase from Republic Services’s previous quarterly dividend of $0.62. Republic Services’s dividend payout ratio (DPR) is 37.96%.

More Republic Services News

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Cascade Investment continued its aggressive accumulation of RSG. The major shareholder purchased 284,600 shares on August 27 for approximately $62.5 million and 275,500 shares on August 26 for about $61.0 million. These purchases followed a $59.8 million acquisition on August 25 and a series of additional open-market buys. Recent disclosures indicate Cascade has bought more than 3.5 million shares worth approximately $764 million over six months, a potential signal of long-term confidence in Republic Services. Major Investment Powerhouse Makes Massive New Move Into Republic Services Stock
• Positive Sentiment: Analyst sentiment remains constructive. Republic Services carries a consensus “Moderate Buy” rating, with 12 Buy ratings and 10 Holds. The average price target is approximately $245, above recent trading levels, while Citigroup and RBC Capital Markets have set targets of $259 and $267, respectively. Republic Services Receives Consensus Rating of Moderate Buy
• Positive Sentiment: The dividend was raised. Republic Services increased its quarterly dividend to $0.67 from $0.62, equivalent to $2.68 annually and a yield of about 1.2%. The increase reinforces the company’s shareholder-return profile.
• Neutral Sentiment: Recent coverage also highlighted Republic Services as a participant in the broader circular-economy and recycling investment theme. The company’s latest quarter included revenue growth of 4.6% and an EPS beat, but those results were reported earlier and are likely already reflected in the valuation.
• Negative Sentiment: At roughly 31 times earnings and a PEG ratio above 3.5, RSG is priced at a premium. Some institutional investors reduced holdings recently, and UBS maintains a neutral rating, limiting the potential impact of the bullish signals.

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.