Republic Services (NYSE:RSG) Major Shareholder Purchases $83,239,049.84 in Stock

Posted by Max Byerly on Sep 8th, 2026

Republic Services, Inc. (NYSE:RSG – Get Free Report) major shareholder Cascade Investment, L.L.C. bought 370,264 shares of Republic Services stock in a transaction dated Thursday, September 3rd. The shares were bought at an average cost of $224.81 per share, with a total value of $83,239,049.84. Following the completion of the acquisition, the insider owned 115,391,791 shares of the company’s stock, valued at $25,941,228,534.71. The trade was a 0.32% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

On Friday, September 4th, Cascade Investment, L.L.C. acquired 365,039 shares of Republic Services stock. The shares were bought at an average price of $223.16 per share, for a total transaction of $81,462,103.24.
On Wednesday, September 2nd, Cascade Investment, L.L.C. bought 329,200 shares of Republic Services stock. The stock was purchased at an average price of $223.27 per share, with a total value of $73,500,484.00.
On Tuesday, September 1st, Cascade Investment, L.L.C. purchased 204,800 shares of Republic Services stock. The shares were purchased at an average price of $222.68 per share, for a total transaction of $45,604,864.00.
On Monday, August 31st, Cascade Investment, L.L.C. purchased 301,000 shares of Republic Services stock. The stock was purchased at an average price of $221.94 per share, with a total value of $66,803,940.00.
On Friday, August 28th, Cascade Investment, L.L.C. acquired 251,400 shares of Republic Services stock. The shares were purchased at an average price of $221.03 per share, for a total transaction of $55,566,942.00.
On Thursday, August 27th, Cascade Investment, L.L.C. bought 284,600 shares of Republic Services stock. The shares were purchased at an average cost of $219.52 per share, for a total transaction of $62,475,392.00.
On Wednesday, August 26th, Cascade Investment, L.L.C. bought 275,500 shares of Republic Services stock. The stock was acquired 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. bought 269,477 shares of Republic Services stock. The shares were acquired at an average cost of $221.88 per share, for a total transaction of $59,791,556.76.
On Monday, August 24th, Cascade Investment, L.L.C. purchased 301,639 shares of Republic Services stock. The shares were bought at an average price of $222.91 per share, for a total transaction of $67,238,349.49.
On Friday, August 21st, Cascade Investment, L.L.C. acquired 191,361 shares of Republic Services stock. The stock was purchased at an average price of $220.34 per share, for a total transaction of $42,164,482.74.

Republic Services Stock Down 0.5%

NYSE RSG traded down $1.02 during trading on Tuesday, hitting $221.69. 1,491,808 shares of the company traded hands, compared to its average volume of 1,547,906. The business has a fifty day simple moving average of $217.74 and a 200 day simple moving average of $215.14. Republic Services, Inc. has a 12 month low of $196.41 and a 12 month high of $233.42. 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 company has a market capitalization of $67.88 billion, a P/E ratio of 31.40, a PEG ratio of 3.69 and a beta of 0.40.

Republic Services (NYSE:RSG – Get Free Report) last posted its quarterly earnings data 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. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.36 billion. During the same period in the prior year, the firm earned $1.77 EPS. Republic Services’s quarterly revenue was up 4.6% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. As a group, sell-side analysts predict that Republic Services, Inc. will post 7.27 EPS for the current year.

Republic Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be given a $0.67 dividend. This is an increase 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 dividend payout ratio (DPR) is 35.41%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System grew its stake in shares of Republic Services by 19,694.6% during the 2nd quarter. California State Teachers Retirement System now owns 49,796,796 shares of the business services provider’s stock valued at $10,610,701,000 after purchasing an additional 49,545,228 shares during the period. BlackRock Inc. purchased a new stake in Republic Services in the 2nd quarter worth $3,798,092,000. Bank of America Corp DE purchased a new position in Republic Services in the 2nd quarter worth approximately $682,573,000. Norges Bank purchased a new position in shares of Republic Services in the fourth quarter worth $617,165,000. Finally, Capital World Investors grew its position in shares of Republic Services by 27.7% during 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 in the last quarter. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on RSG. Argus cut Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Citigroup lifted their price target on Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Weiss Ratings raised Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Morgan Stanley set a $232.00 price objective on shares of Republic Services in a research note on Friday, August 7th. Finally, Barclays boosted their target price on shares of Republic Services from $233.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Twelve equities 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, the company has an average rating of “Moderate Buy” and an average price target of $245.26.

Get Our Latest Analysis on RSG

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.