Republic Services (NYSE:RSG) Major Shareholder Buys $45,604,864.00 in Stock

Posted by Joseph Griffin on Sep 3rd, 2026

Republic Services, Inc. (NYSE:RSG – Get Free Report) major shareholder Cascade Investment, L.L.C. bought 204,800 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were acquired at an average cost of $222.68 per share, for a total transaction of $45,604,864.00. Following the completion of the acquisition, the insider directly owned 114,692,327 shares in the company, valued at $25,539,687,376.36. The trade was a 0.18% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Cascade Investment, L.L.C. also recently made the following trade(s):

On Wednesday, September 2nd, Cascade Investment, L.L.C. acquired 329,200 shares of Republic Services stock. The shares were bought at an average cost of $223.27 per share, with a total value of $73,500,484.00.
On Monday, August 31st, Cascade Investment, L.L.C. acquired 301,000 shares of Republic Services stock. The stock was bought at an average cost of $221.94 per share, for a total transaction of $66,803,940.00.
On Friday, August 28th, Cascade Investment, L.L.C. bought 251,400 shares of Republic Services stock. The shares were bought at an average price of $221.03 per share, with a total value of $55,566,942.00.
On Thursday, August 27th, Cascade Investment, L.L.C. purchased 284,600 shares of Republic Services stock. The stock was bought at an average price of $219.52 per share, for a total transaction of $62,475,392.00.
On Wednesday, August 26th, Cascade Investment, L.L.C. acquired 275,500 shares of Republic Services stock. The shares were bought at an average price of $221.55 per share, with a total value of $61,037,025.00.
On Tuesday, August 25th, Cascade Investment, L.L.C. acquired 269,477 shares of Republic Services stock. The shares were purchased at an average price of $221.88 per share, with a total value of $59,791,556.76.
On Monday, August 24th, Cascade Investment, L.L.C. bought 301,639 shares of Republic Services stock. The stock was purchased at an average cost of $222.91 per share, for a total transaction of $67,238,349.49.
On Friday, August 21st, Cascade Investment, L.L.C. bought 191,361 shares of Republic Services stock. The shares were purchased at an average price of $220.34 per share, for a total transaction of $42,164,482.74.
On Thursday, August 20th, Cascade Investment, L.L.C. purchased 208,925 shares of Republic Services stock. The stock was purchased at an average price of $220.26 per share, with a total value of $46,017,820.50.
On Wednesday, August 19th, Cascade Investment, L.L.C. acquired 178,844 shares of Republic Services stock. The stock was purchased at an average cost of $222.51 per share, for a total transaction of $39,794,578.44.

Republic Services Stock Performance

RSG stock traded up $2.81 during trading hours on Thursday, hitting $225.33. 1,392,161 shares of the stock were exchanged, compared to its average volume of 1,547,848. Republic Services, Inc. has a 12 month low of $196.41 and a 12 month high of $235.18. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. The firm has a market capitalization of $69.00 billion, a P/E ratio of 31.92, a P/E/G ratio of 3.70 and a beta of 0.40. The company has a 50-day simple moving average of $217.22 and a two-hundred day simple moving average of $215.12.

Republic Services (NYSE:RSG – Get Free Report) last announced its earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.04. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The company had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.36 billion. During the same quarter in the previous year, the business posted $1.77 earnings per share. Republic Services’s quarterly revenue was up 4.6% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. On average, analysts forecast that Republic Services, Inc. will post 7.27 earnings per share for the current fiscal year.

Republic Services Increases Dividend

The firm 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 boost from Republic Services’s previous quarterly dividend of $0.62. This represents a $2.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, October 2nd. Republic Services’s payout ratio is 37.96%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on RSG shares. Morgan Stanley set a $232.00 price target on Republic Services in a research note on Friday, August 7th. Barclays upped their target price on Republic Services from $233.00 to $240.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Citigroup increased their price objective on shares of Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Weiss Ratings upgraded Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Finally, Royal Bank Of Canada boosted their price target on Republic Services from $265.00 to $267.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $245.26.

Check Out Our Latest Report on Republic Services

Hedge Funds Weigh In On Republic Services

Hedge funds have recently modified their holdings of the business. Korea Investment CORP acquired a new position in shares of Republic Services in the 2nd quarter worth approximately $20,602,000. Bridgewater Advisors Inc. bought a new position in Republic Services during the second quarter worth $535,000. Equitable Holdings Inc. acquired a new stake in Republic Services in the second quarter worth $1,381,000. Public Employees Retirement System of Ohio bought a new stake in Republic Services in the second quarter valued at $16,335,000. Finally, iA Global Asset Management Inc. raised its holdings in shares of Republic Services by 18.5% during the fourth quarter. iA Global Asset Management Inc. now owns 64,200 shares of the business services provider’s stock valued at $13,606,000 after purchasing an additional 10,000 shares during the period. Institutional investors and hedge funds own 57.73% of the company’s stock.

About Republic Services

(Get Free Report)

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.