Danske Bank A S Grows Position in Republic Services, Inc. $RSG

Key Points

• Danske Bank A/S increased its stake in Republic Services by 6.2% to 177,105 shares, worth approximately $37.53 million after adding 10,400 shares in the quarter.
• Republic Services beat quarterly EPS expectations ($1.76 vs. $1.62) and set FY2026 guidance of 7.20–7.28 EPS; the stock recently traded near $206.58 with a market cap of $63.82 billion.
• Wall Street’s consensus is a Hold with a $244.67 target, reflecting a split among analysts (nine Buys and eleven Holds) and mixed recent price-target adjustments.

Danske Bank A S raised its holdings in Republic Services, Inc. (NYSE:RSG - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 177,105 shares of the business services provider's stock after acquiring an additional 10,400 shares during the quarter. Danske Bank A S owned 0.06% of Republic Services worth $37,534,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in RSG. Oregon Public Employees Retirement Fund increased its holdings in shares of Republic Services by 32.9% during the third quarter. Oregon Public Employees Retirement Fund now owns 23,211 shares of the business services provider's stock valued at $5,326,000 after purchasing an additional 5,740 shares during the period. Bessemer Group Inc. lifted its holdings in Republic Services by 7,683.2% in the third quarter. Bessemer Group Inc. now owns 739,792 shares of the business services provider's stock worth $169,768,000 after purchasing an additional 730,287 shares during the period. National Pension Service grew its position in Republic Services by 1.2% in the 3rd quarter. National Pension Service now owns 758,644 shares of the business services provider's stock valued at $174,094,000 after buying an additional 9,041 shares in the last quarter. Azzad Asset Management Inc. ADV acquired a new position in Republic Services during the 3rd quarter valued at about $3,524,000. Finally, SteelPeak Wealth LLC raised its position in shares of Republic Services by 130.0% during the 4th quarter. SteelPeak Wealth LLC now owns 12,386 shares of the business services provider's stock worth $2,625,000 after buying an additional 7,001 shares in the last quarter. 57.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

RSG has been the subject of several recent analyst reports. UBS Group increased their price objective on shares of Republic Services from $225.00 to $240.00 and gave the company a "neutral" rating in a report on Thursday, March 5th. Wolfe Research initiated coverage on Republic Services in a research report on Friday, March 13th. They issued a "peer perform" rating for the company. Weiss Ratings lowered Republic Services from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday. Scotiabank dropped their price objective on Republic Services from $246.00 to $242.00 and set a "sector perform" rating on the stock in a research note on Wednesday, January 21st. Finally, BMO Capital Markets cut their price objective on Republic Services from $251.00 to $248.00 and set an "outperform" rating for the company in a report on Wednesday, February 18th. Nine analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $244.67.

Republic Services Stock Down 1.3%

RSG stock opened at $206.58 on Friday. The firm has a market cap of $63.82 billion, a PE ratio of 30.16, a P/E/G ratio of 3.47 and a beta of 0.43. Republic Services, Inc. has a 12 month low of $201.42 and a 12 month 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 firm has a 50 day simple moving average of $218.78 and a 200 day simple moving average of $216.13.

Republic Services (NYSE:RSG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter in the previous year, the business posted $1.58 earnings per share. The firm'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. Equities research analysts forecast that Republic Services, Inc. will post 7.22 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd were given a dividend of $0.625 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.2%. Republic Services's payout ratio is 36.79%.

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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