Janus Henderson Group PLC Sells 4,541 Shares of Republic Services, Inc. $RSG

Janus Henderson Group PLC lessened its holdings in Republic Services, Inc. (NYSE:RSG) by 16.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 22,278 shares of the business services provider’s stock after selling 4,541 shares during the period. Janus Henderson Group PLC’s holdings in Republic Services were worth $4,881,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of RSG. State Street Corp raised its position in shares of Republic Services by 1.7% in the 4th quarter. State Street Corp now owns 9,695,747 shares of the business services provider’s stock worth $2,054,820,000 after acquiring an additional 166,474 shares in the last quarter. Capital World Investors grew its stake in Republic Services by 27.7% in the fourth 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 last quarter. Morgan Stanley lifted its position in shares of Republic Services by 38.6% during the fourth quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock valued at $1,133,509,000 after buying an additional 1,490,719 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of 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 valued at $1,074,513,000 after buying an additional 807,525 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Republic Services during the 4th quarter worth approximately $617,165,000. Hedge funds and other institutional investors own 57.73% of the company’s stock.

More Republic Services News

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

• Positive Sentiment: Quarterly earnings and revenue exceeded estimates. Republic Services reported adjusted EPS of $1.85, compared with the $1.81 consensus estimate, while revenue rose 4.6% year over year to $4.43 billion, above the $4.36 billion forecast. EPS also increased from $1.77 in the prior-year quarter. Republic Services Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its 2026 financial guidance. The company now expects full-year revenue of approximately $17.2 billion to $17.3 billion and adjusted EPS of $7.23 to $7.28, reflecting increased expectations versus its prior outlook. Republic Services Raises 2026 Guidance and Dividend Payout
• Positive Sentiment: Capital returns and cash generation were supportive. Republic Services increased its quarterly dividend by approximately 7% and reported $2.38 billion in year-to-date operating cash flow and $1.58 billion in adjusted free cash flow. The company also invested about $860 million in acquisitions during the first half of 2026, potentially strengthening future growth. Republic Services Reports Second Quarter 2026 Results
• Neutral Sentiment: Net income increased to $566 million, or $1.84 per diluted share, from $550 million, or $1.75 per share, a year earlier. The results indicate steady profitability, with a reported net margin of 13.0% and return on equity of 18.57%. Republic Services Q2 Earnings Snapshot
• Negative Sentiment: The new full-year adjusted EPS range of $7.23 to $7.28 is fractionally below the $7.29 analyst consensus, which could limit further upside if investors view the guidance increase as less aggressive than expected. Revenue guidance is broadly in line with estimates. Republic Services Q2 Earnings Compared With Estimates

Insiders Place Their Bets

In related news, Director Sandra M. Volpe sold 1,800 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $211.28, for a total transaction of $380,304.00. Following the sale, the director owned 58 shares in the company, valued at approximately $12,254.24. This trade represents a 96.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. bought 60,700 shares of the stock in a transaction dated Monday, May 18th. The shares were purchased at an average cost of $213.31 per share, for a total transaction of $12,947,917.00. Following the completion of the purchase, the insider owned 110,803,982 shares in the company, valued at approximately $23,635,597,400.42. This represents a 0.05% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 987,150 shares of company stock worth $202,366,682 over the last three months. 0.12% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on RSG shares. JPMorgan Chase & Co. raised their target price on shares of Republic Services from $233.00 to $245.00 and gave the company a “neutral” rating in a research note on Friday, April 10th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $249.00 target price on shares of Republic Services in a research note on Friday, May 8th. Argus lowered shares of Republic Services from a “buy” rating to a “hold” rating in a research note on Monday, May 11th. Robert W. Baird lowered their price objective on shares of Republic Services from $242.00 to $240.00 and set a “neutral” rating for the company in a research note on Thursday, April 16th. Finally, Royal Bank Of Canada upped their target price on Republic Services from $265.00 to $267.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $243.89.

Republic Services Stock Performance

NYSE RSG opened at $209.35 on Friday. The firm has a market capitalization of $64.41 billion, a P/E ratio of 30.04, a PEG ratio of 3.46 and a beta of 0.40. The stock has a 50-day simple moving average of $212.75 and a two-hundred day simple moving average of $214.95. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.67 and a current ratio of 0.67. Republic Services, Inc. has a fifty-two week low of $196.41 and a fifty-two week high of $238.62.

Republic Services (NYSE:RSG) last posted its earnings results on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.81 by $0.04. The firm had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.36 billion. Republic Services had a return on equity of 18.57% and a net margin of 13.00%.Republic Services’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the company earned $1.77 earnings per share. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. On average, equities analysts forecast that Republic Services, Inc. will post 7.29 earnings per share for the current year.

Republic Services Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be issued a dividend of $0.67 per share. This is a positive change 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 annualized dividend and a dividend yield of 1.3%. Republic Services’s payout ratio is presently 35.87%.

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.