Republic Services, Inc. $RSG is Heirloom Wealth Management's 7th Largest Position

Key Points

• Heirloom Wealth Management increased its stake in Republic Services (RSG) by 20.6% in Q4 to 102,717 shares, making RSG its 7th-largest holding (5.0% of the portfolio) valued at about $21.77 million.
• Q4 results beat — Republic Services reported $1.76 EPS vs. $1.62 expected and $4.14B revenue (slightly below estimates), and set FY2026 guidance of $7.20–7.28 EPS; analysts have a consensus "Moderate Buy" with a $246.40 target.
• The company declared a quarterly dividend of $0.625 (annualized $2.50, ~1.1% yield) to be paid April 15, while brokers trimmed some price targets; institutional investors own about 57.7% of the stock and analyst ratings are split (13 Buy, 10 Hold).

Heirloom Wealth Management grew its stake in Republic Services, Inc. (NYSE:RSG - Free Report) by 20.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 102,717 shares of the business services provider's stock after acquiring an additional 17,549 shares during the period. Republic Services comprises 5.0% of Heirloom Wealth Management's investment portfolio, making the stock its 7th biggest holding. Heirloom Wealth Management's holdings in Republic Services were worth $21,769,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. L2 Asset Management LLC raised its position in Republic Services by 5.0% in the second quarter. L2 Asset Management LLC now owns 908 shares of the business services provider's stock valued at $224,000 after purchasing an additional 43 shares during the period. ANB Bank boosted its position in shares of Republic Services by 2.8% during the third quarter. ANB Bank now owns 1,691 shares of the business services provider's stock worth $388,000 after buying an additional 46 shares during the period. ORG Partners LLC grew its stake in shares of Republic Services by 5.8% in the third quarter. ORG Partners LLC now owns 899 shares of the business services provider's stock valued at $206,000 after buying an additional 49 shares in the last quarter. Richards Merrill & Peterson Inc. grew its stake in shares of Republic Services by 4.0% in the third quarter. Richards Merrill & Peterson Inc. now owns 1,291 shares of the business services provider's stock valued at $296,000 after buying an additional 50 shares in the last quarter. Finally, ICONIQ Capital LLC raised its holdings in shares of Republic Services by 3.3% in the 2nd quarter. ICONIQ Capital LLC now owns 1,558 shares of the business services provider's stock valued at $384,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 57.73% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on RSG. Scotiabank lowered their target price on Republic Services from $246.00 to $242.00 and set a "sector perform" rating for the company in a report on Wednesday, January 21st. Oppenheimer cut their price target on shares of Republic Services from $256.00 to $255.00 and set an "outperform" rating on the stock in a research note on Friday, January 23rd. Bank of America lowered their price objective on shares of Republic Services from $271.00 to $241.00 and set a "buy" rating for the company in a research note on Monday, December 22nd. Barclays set a $227.00 price objective on shares of Republic Services in a report on Monday, February 23rd. Finally, BMO Capital Markets reduced their target price on shares of Republic Services from $251.00 to $248.00 and set an "outperform" rating on the stock in a report on Wednesday, February 18th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, Republic Services has a consensus rating of "Moderate Buy" and a consensus target price of $246.40.

Republic Services Stock Down 1.1%

RSG stock opened at $219.22 on Wednesday. The stock has a market cap of $67.73 billion, a P/E ratio of 32.00, a PEG ratio of 3.67 and a beta of 0.54. 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 twelve month low of $201.42 and a twelve month high of $258.75. The company's 50 day moving average is $221.46 and its two-hundred day moving average is $218.02.

Republic Services (NYSE:RSG - Get Free Report) last posted its earnings results 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 firm had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same period last year, the firm posted $1.58 EPS. The company's revenue was up 2.2% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Research analysts expect that Republic Services, Inc. will post 6.86 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be issued 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 (DPR) is presently 36.50%.

Republic Services 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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