OFI Invest Asset Management Sells 97,680 Shares of Republic Services, Inc. $RSG

Key Points

• OFI Invest Asset Management cut its stake in Republic Services by 47.0% in Q4, selling 97,680 shares and retaining 110,223 shares valued at $23.36 million at quarter-end.
• Wall Street consensus is a "Moderate Buy" on Republic Services with an average price target of $246.40 (13 Buys, 10 Holds).
• Republic Services beat Q results (EPS $1.76 vs. $1.62 estimate), set FY2026 guidance of $7.20–$7.28, and announced a quarterly dividend of $0.625 ($2.50 annualized, ~1.2% yield).

OFI Invest Asset Management cut its holdings in Republic Services, Inc. (NYSE:RSG - Free Report) by 47.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,223 shares of the business services provider's stock after selling 97,680 shares during the period. OFI Invest Asset Management's holdings in Republic Services were worth $23,360,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Financial Consulate Inc. bought a new position in Republic Services during the third quarter valued at $25,000. Wealth Watch Advisors INC bought a new position in Republic Services during the third quarter valued at $26,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Republic Services by 121.8% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider's stock valued at $28,000 after purchasing an additional 67 shares during the period. Ameriflex Group Inc. bought a new position in Republic Services during the third quarter valued at $29,000. Finally, Sound Income Strategies LLC bought a new position in Republic Services during the fourth quarter valued at $32,000. 57.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Oppenheimer reduced their price objective on Republic Services from $256.00 to $255.00 and set an "outperform" rating for the company in a report on Friday, January 23rd. Wells Fargo & Company increased their price objective on Republic Services from $238.00 to $252.00 and gave the company an "overweight" rating in a report on Wednesday, March 18th. Citigroup increased their target price on Republic Services from $244.00 to $253.00 and gave the stock a "buy" rating in a research report on Monday, February 23rd. Weiss Ratings restated a "buy (b-)" rating on shares of Republic Services in a research report on Friday, March 27th. Finally, Bank of America dropped their target price on Republic Services from $271.00 to $241.00 and set a "buy" rating on the stock in a research report on Monday, December 22nd. Thirteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Republic Services has a consensus rating of "Moderate Buy" and an average price target of $246.40.

Republic Services Price Performance

RSG stock opened at $216.99 on Thursday. The firm has a 50 day moving average of $221.93 and a 200-day moving average of $217.83. 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. The firm has a market capitalization of $67.04 billion, a P/E ratio of 31.68, a price-to-earnings-growth ratio of 3.70 and a beta of 0.53.

Republic Services (NYSE:RSG - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The company had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.21 billion. During the same period last year, the business earned $1.58 earnings per share. Republic Services's 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, sell-side analysts predict that Republic Services, Inc. will post 6.86 earnings per share for the current fiscal year.

Republic Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be paid 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 yield of 1.2%. Republic Services's dividend payout ratio (DPR) is currently 36.79%.

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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