Kepler Cheuvreux Suisse SA lessened its holdings in Republic Services, Inc. (NYSE:RSG – Free Report) by 21.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 132,157 shares of the business services provider’s stock after selling 36,998 shares during the quarter. Republic Services comprises approximately 1.6% of Kepler Cheuvreux Suisse SA’s holdings, making the stock its 20th biggest position. Kepler Cheuvreux Suisse SA’s holdings in Republic Services were worth $28,004,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Watch Advisors INC purchased a new position in shares of Republic Services in the 3rd quarter worth about $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of Republic Services in the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Republic Services by 121.8% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock worth $28,000 after buying an additional 67 shares during the last quarter. Ameriflex Group Inc. purchased a new position in Republic Services in the third quarter valued at approximately $29,000. Finally, Sound Income Strategies LLC purchased a new position in Republic Services in the fourth quarter valued at approximately $32,000. 57.73% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently commented on RSG. Morgan Stanley dropped their price objective on Republic Services from $230.00 to $225.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 18th. Wolfe Research assumed coverage on Republic Services in a research note on Friday, March 13th. They issued a “peer perform” rating on the stock. JPMorgan Chase & Co. upped their price objective on shares of Republic Services from $233.00 to $245.00 and gave the company a “neutral” rating in a report on Friday, April 10th. Scotiabank dropped their price objective on shares of Republic Services from $246.00 to $242.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 21st. Finally, Robert W. Baird dropped their price objective on shares of Republic Services from $242.00 to $240.00 and set a “neutral” rating on the stock in a report on Thursday, April 16th. Eleven analysts have rated the stock with a Buy rating and eleven 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 $246.00.
Republic Services Trading Down 0.1%
NYSE:RSG opened at $199.82 on Monday. The company has a market cap of $61.74 billion, a P/E ratio of 28.67, a P/E/G ratio of 3.32 and a beta of 0.43. The stock’s fifty day moving average price is $217.64 and its two-hundred day moving average price is $215.64. Republic Services, Inc. has a 1 year low of $198.24 and a 1 year high of $258.75. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.67 and a quick ratio of 0.64.
Republic Services (NYSE:RSG – Get Free Report) last posted its earnings results on Thursday, May 7th. The business services provider reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.06. The firm had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.10 billion. Republic Services had a return on equity of 18.57% and a net margin of 13.00%.The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.58 earnings per share. As a group, analysts expect that Republic Services, Inc. will post 7.22 EPS for the current year.
Republic Services Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be issued a $0.625 dividend. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, July 2nd. Republic Services’s dividend payout ratio is presently 36.15%.
Trending Headlines about Republic Services
Here are the key news stories impacting Republic Services this week:
- Positive Sentiment: Royal Bank of Canada raised its price target on Republic Services (RSG) from $265 to $267 and reiterated an outperform rating, implying meaningful upside from current levels. Benzinga
- Positive Sentiment: RSG reported first-quarter EPS of $1.70, beating the consensus estimate of $1.64, while revenue of $4.11 billion also slightly topped expectations. Republic Services Q1 2026 Results
- Positive Sentiment: Management highlighted pricing discipline and cost controls, which helped lift the adjusted EBITDA margin to 32.1% and expanded net income and adjusted free cash flow. Zacks Q1 Earnings Beat
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.
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