KLP Kapitalforvaltning AS Sells 36,375 Shares of Republic Services, Inc. $RSG

Key Points

• KLP Kapitalforvaltning AS cut its stake in Republic Services by 28.7%, selling 36,375 shares and holding 90,459 shares valued at about $19.17 million after the 4Q 13F filing.
• Analysts are broadly constructive with a consensus rating of Moderate Buy and an average price target of $245.79, following mixed target revisions from firms including Citigroup, UBS and Wells Fargo.
• Republic Services beat quarterly EPS estimates ($1.76 vs. $1.62), issued FY2026 guidance of $7.20–$7.28 EPS, and pays a quarterly dividend of $0.625 (annual yield ~1.2%).

KLP Kapitalforvaltning AS decreased its stake in shares of Republic Services, Inc. (NYSE:RSG - Free Report) by 28.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 90,459 shares of the business services provider's stock after selling 36,375 shares during the period. KLP Kapitalforvaltning AS's holdings in Republic Services were worth $19,171,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of RSG. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Republic Services by 6.7% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 231,444 shares of the business services provider's stock valued at $49,272,000 after purchasing an additional 14,578 shares during the period. Penobscot Investment Management Company Inc. grew its position in shares of Republic Services by 10.1% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 16,214 shares of the business services provider's stock worth $3,436,000 after purchasing an additional 1,485 shares in the last quarter. Silver Coast Investments LLC grew its position in shares of Republic Services by 7.1% during the 4th quarter. Silver Coast Investments LLC now owns 1,313 shares of the business services provider's stock worth $278,000 after purchasing an additional 87 shares in the last quarter. Evergreen Capital Management LLC grew its position in shares of Republic Services by 144.1% during the 4th quarter. Evergreen Capital Management LLC now owns 5,018 shares of the business services provider's stock worth $1,063,000 after purchasing an additional 2,962 shares in the last quarter. Finally, PFG Advisors acquired a new position in shares of Republic Services during the 4th quarter worth approximately $230,000. Institutional investors own 57.73% of the company's stock.

Analyst Ratings Changes

RSG has been the topic of a number of analyst reports. Wolfe Research initiated coverage on shares of Republic Services in a research report on Friday, March 13th. They set a "peer perform" rating on the stock. Scotiabank decreased their target price on shares of Republic Services from $246.00 to $242.00 and set a "sector perform" rating on the stock in a research report on Wednesday, January 21st. Citigroup increased their target price on shares of Republic Services from $244.00 to $253.00 and gave the stock a "buy" rating in a research report on Monday, February 23rd. UBS Group increased their target price on shares of Republic Services from $225.00 to $240.00 and gave the stock a "neutral" rating in a research report on Thursday, March 5th. Finally, Wells Fargo & Company increased their target price on shares of Republic Services from $238.00 to $252.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 18th. Twelve investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $245.79.

Republic Services Price Performance

Shares of NYSE:RSG opened at $213.99 on Friday. The firm has a 50 day moving average of $220.06 and a 200-day moving average of $216.65. The stock has a market capitalization of $66.11 billion, a PE ratio of 31.24, a PEG ratio of 3.41 and a beta of 0.53. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.08. Republic Services, Inc. has a 12 month low of $201.42 and a 12 month high of $258.75.

Republic Services (NYSE:RSG - Get Free Report) last issued its earnings results on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.62 by $0.14. The company had revenue of $4.14 billion during the quarter, compared to analysts' expectations of $4.21 billion. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. On average, equities research analysts predict that Republic Services, Inc. will post 7.22 EPS for the current fiscal year.

Republic Services Dividend Announcement

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