Aventail Capital Group LP Makes New Investment in Republic Services, Inc. $RSG

Key Points

• Aventail Capital Group LP bought a new stake of 8,602 shares in Republic Services during Q3, valued at about $1.97 million, and institutional investors now own roughly 57.73% of the company.
• Republic Services beat EPS estimates with $1.76 for the quarter (vs. $1.62 expected) but missed revenue estimates at $4.14B; the company set FY2026 guidance of $7.20–$7.28 EPS while analysts forecast about $6.86.
• Wall Street leans positive (13 Buys vs. 10 Holds) with a consensus target of $245.70 and recent coverage including Goldman Sachs' "Buy" $255 target; the stock trades near $224.50, has a P/E of 32.77 and pays a quarterly dividend of $0.625 (≈1.1% yield).

Aventail Capital Group LP bought a new stake in shares of Republic Services, Inc. (NYSE:RSG - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,602 shares of the business services provider's stock, valued at approximately $1,974,000.

Several other institutional investors also recently modified their holdings of RSG. Financial Consulate Inc. acquired a new position in Republic Services in the third quarter valued at approximately $25,000. Wealth Watch Advisors INC acquired a new stake in Republic Services during the 3rd quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Republic Services by 121.8% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider's stock valued at $28,000 after acquiring an additional 67 shares during the last quarter. Ameriflex Group Inc. acquired a new position in shares of Republic Services in the 3rd quarter valued at $29,000. Finally, Foster Dykema Cabot & Partners LLC bought a new position in shares of Republic Services in the 2nd quarter worth $33,000. Institutional investors and hedge funds own 57.73% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on RSG. The Goldman Sachs Group began coverage on Republic Services in a report on Monday, November 24th. They issued a "buy" rating and a $255.00 price objective for the company. BMO Capital Markets decreased their target price on Republic Services from $251.00 to $248.00 and set an "outperform" rating for the company in a research report on Wednesday, February 18th. Sanford C. Bernstein increased their price target on shares of Republic Services from $205.00 to $220.00 and gave the company a "market perform" rating in a research report on Monday, January 5th. UBS Group lifted their price objective on shares of Republic Services from $225.00 to $240.00 and gave the stock a "neutral" rating in a research note on Thursday, March 5th. Finally, Scotiabank lowered their target price on shares of Republic Services from $246.00 to $242.00 and set a "sector perform" rating for the company in a research note on Wednesday, January 21st. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $245.70.

Republic Services Stock Down 0.6%

Shares of Republic Services stock opened at $224.50 on Friday. Republic Services, Inc. has a 1 year low of $201.42 and a 1 year high of $258.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64. The company has a market capitalization of $69.32 billion, a P/E ratio of 32.77, a price-to-earnings-growth ratio of 3.70 and a beta of 0.54. The business has a 50-day moving average of $219.38 and a two-hundred day moving average of $219.13.

Republic Services (NYSE:RSG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.14. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The business had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.21 billion. During the same period in the previous year, the firm earned $1.58 EPS. Republic Services's quarterly revenue was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, equities analysts predict that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.625 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $2.50 annualized dividend and a dividend yield of 1.1%. Republic Services's dividend payout ratio is currently 36.50%.

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.

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