Capital Financial Group Inc. Co. ADV Makes New Investment in Republic Services, Inc. $RSG

Key Points

• Capital Financial Group acquired 8,661 Republic Services shares worth approximately $1.85 million in the second quarter, making RSG its 23rd-largest holding. Institutional investors collectively own 57.73% of the company.
• Republic Services exceeded quarterly expectations, reporting $1.85 in adjusted EPS and $4.43 billion in revenue, while revenue increased 4.6% year over year. The company maintained fiscal 2026 EPS guidance of $7.23–$7.28.
• The company raised its quarterly dividend from $0.62 to $0.67 per share, equivalent to an annualized $2.68 dividend and a 1.2% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $245.26.

Capital Financial Group Inc. Co. ADV acquired a new position in Republic Services, Inc. (NYSE:RSG - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,661 shares of the business services provider's stock, valued at approximately $1,845,000. Republic Services makes up 1.0% of Capital Financial Group Inc. Co. ADV's investment portfolio, making the stock its 23rd biggest holding.

A number of other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Republic Services in the 4th quarter valued at $617,165,000. Capital World Investors raised its position in Republic Services by 27.7% in the 4th quarter. Capital World Investors now owns 8,765,623 shares of the business services provider's stock worth $1,857,698,000 after purchasing an additional 1,899,183 shares during the period. Morgan Stanley lifted its stake in Republic Services by 38.6% in the fourth quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider's stock worth $1,133,509,000 after purchasing an additional 1,490,719 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Republic Services during the second quarter valued at about $220,527,000. Finally, Allspring Global Investments Holdings LLC boosted its position in Republic Services by 68.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,256,190 shares of the business services provider's stock valued at $497,828,000 after buying an additional 913,249 shares during the period. 57.73% of the stock is owned by hedge funds and other institutional investors.

Republic Services Stock Performance

Republic Services stock opened at $215.28 on Tuesday. 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 cap of $65.92 billion, a P/E ratio of 30.49, a P/E/G ratio of 3.51 and a beta of 0.40. Republic Services, Inc. has a 1-year low of $196.41 and a 1-year high of $238.62. The firm has a 50-day moving average of $214.22 and a 200-day moving average of $214.94.

Republic Services (NYSE:RSG - Get Free Report) last released its quarterly earnings results 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. Republic Services had a return on equity of 18.69% and a net margin of 12.94%.The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. During the same quarter in the prior year, the company posted $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. Sell-side analysts expect that Republic Services, Inc. will post 7.27 EPS for the current year.

Republic Services Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors 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 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, October 2nd. Republic Services's dividend payout ratio is currently 35.41%.

Insiders Place Their Bets

In other Republic Services news, Director Sandra M. Volpe sold 1,800 shares of the company's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $211.28, for a total value of $380,304.00. Following the completion of the transaction, the director directly owned 58 shares in the company, valued at approximately $12,254.24. This represents a 96.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Cascade Investment, L.L.C. bought 188,460 shares of the company's stock in a transaction dated Thursday, August 13th. The stock was bought at an average cost of $215.81 per share, with a total value of $40,671,552.60. Following the completion of the transaction, the insider owned 111,668,606 shares in the company, valued at approximately $24,099,201,860.86. This trade represents a 0.17% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 864,624 shares of company stock valued at $186,474,430 in the last ninety days. 0.12% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently commented on RSG. Argus downgraded Republic Services from a "buy" rating to a "hold" rating in a report on Monday, May 11th. UBS Group increased their target price on Republic Services from $233.00 to $235.00 and gave the company a "neutral" rating in a report on Tuesday, August 11th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Republic Services in a research note on Friday, July 24th. Canadian Imperial Bank of Commerce reiterated an "outperform" rating and issued a $249.00 price objective on shares of Republic Services in a research report on Friday, May 8th. Finally, Citigroup increased their price objective on Republic Services from $247.00 to $259.00 and gave the company a "buy" rating in a research note on Friday, July 10th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $245.26.

About Republic Services

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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