OneDigital Investment Advisors LLC Acquires Shares of 3,260 Republic Services, Inc. $RSG

OneDigital Investment Advisors LLC bought a new position in Republic Services, Inc. (NYSE:RSG) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,260 shares of the business services provider’s stock, valued at approximately $695,000.

Other institutional investors have also bought and sold shares of the company. Bell Investment Advisors Inc bought a new position in shares of Republic Services during the second quarter valued at $25,000. Roman Butler Fullerton & Co. bought a new stake in shares of Republic Services in the 2nd quarter worth about $936,000. Simplicity Wealth LLC acquired a new stake in shares of Republic Services during the 2nd quarter worth about $923,000. Uniting Wealth Partners LLC bought a new position in Republic Services during the 2nd quarter valued at about $282,000. Finally, Trivium Point Advisory LLC acquired a new position in Republic Services in the second quarter valued at about $1,420,000. Institutional investors and hedge funds own 57.73% of the company’s stock.

Republic Services Stock Performance

RSG stock opened at $217.17 on Wednesday. The company has a 50 day moving average price of $214.36 and a 200 day moving average price of $214.94. Republic Services, Inc. has a fifty-two week low of $196.41 and a fifty-two week high of $238.62. 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 stock has a market capitalization of $66.50 billion, a PE ratio of 30.76, a price-to-earnings-growth ratio of 3.51 and a beta of 0.40.

Republic Services (NYSE:RSG) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates 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 18.69% and a net margin of 12.94%.The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company earned $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Analysts forecast 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. Investors of record on Friday, October 2nd will be given a $0.67 dividend. The ex-dividend date is Friday, October 2nd. This is a positive change from Republic Services’s previous quarterly dividend of $0.62. This represents a $2.68 dividend on an annualized basis and a yield of 1.2%. Republic Services’s dividend payout ratio is 35.41%.

Analyst Upgrades and Downgrades

RSG has been the subject of a number of research analyst reports. Argus cut shares of Republic Services from a “buy” rating to a “hold” rating in a research note on Monday, May 11th. Barclays raised their price target on Republic Services from $233.00 to $240.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. Morgan Stanley set a $232.00 price objective on Republic Services in a research note on Friday, August 7th. Citigroup raised their target price on Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Finally, Royal Bank Of Canada lifted their price target on Republic Services from $265.00 to $267.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $245.26.

Insider Activity

In related news, Director Sandra M. Volpe sold 1,800 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 58 shares of the company’s stock, valued at $12,254.24. The trade was a 96.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Cascade Investment, L.L.C. acquired 206,800 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was acquired at an average price of $214.92 per share, for a total transaction of $44,445,456.00. Following the completion of the acquisition, the insider directly owned 112,024,656 shares of the company’s stock, valued at $24,076,339,067.52. This trade represents a 0.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 1,220,674 shares of company stock valued at $263,117,588 over the last three months. Company insiders own 0.12% of the company’s stock.

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.