Republic Services, Inc. $RSG Shares Bought by Varma Mutual Pension Insurance Co

Key Points

• Varma Mutual Pension Insurance Co increased its stake in Republic Services by 25.6% in Q4, buying 13,700 shares to hold 67,178 shares worth about $14.24 million.
• Analyst sentiment is mixed with a MarketBeat consensus rating of Hold and a consensus target price of $244.67, after recent target adjustments from firms including JPMorgan and UBS.
• Republic Services beat Q earnings estimates ($1.76 vs. $1.62) while revenue slightly missed; the company set FY2026 guidance of $7.20–$7.28 EPS, in line with analyst projections (~$7.22).

Varma Mutual Pension Insurance Co grew its stake in shares of Republic Services, Inc. (NYSE:RSG - Free Report) by 25.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 67,178 shares of the business services provider's stock after buying an additional 13,700 shares during the period. Varma Mutual Pension Insurance Co's holdings in Republic Services were worth $14,237,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. ANB Bank boosted its position in Republic Services by 2.8% during the 3rd quarter. ANB Bank now owns 1,691 shares of the business services provider's stock worth $388,000 after purchasing an additional 46 shares during the period. ORG Partners LLC boosted its position in Republic Services by 5.8% during the 3rd quarter. ORG Partners LLC now owns 899 shares of the business services provider's stock worth $206,000 after purchasing an additional 49 shares during the period. ICONIQ Capital LLC boosted its position in Republic Services by 3.3% during the 2nd quarter. ICONIQ Capital LLC now owns 1,558 shares of the business services provider's stock worth $384,000 after purchasing an additional 50 shares during the period. Prospera Financial Services Inc boosted its position in Republic Services by 1.1% during the 3rd quarter. Prospera Financial Services Inc now owns 4,766 shares of the business services provider's stock worth $1,094,000 after purchasing an additional 51 shares during the period. Finally, Merit Financial Group LLC boosted its position in Republic Services by 0.9% during the 3rd quarter. Merit Financial Group LLC now owns 5,651 shares of the business services provider's stock worth $1,297,000 after purchasing an additional 52 shares during the period. 57.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on RSG. JPMorgan Chase & Co. upped their price target on shares of Republic Services from $233.00 to $245.00 and gave the stock a "neutral" rating in a research report on Friday, April 10th. UBS Group upped their price target 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. Weiss Ratings cut shares of Republic Services from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, April 29th. Morgan Stanley decreased their price target on shares of Republic Services from $230.00 to $225.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 18th. Finally, Barclays set a $227.00 price target on shares of Republic Services in a research report on Monday, February 23rd. Nine analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $244.67.

Republic Services Stock Performance

NYSE:RSG opened at $206.44 on Tuesday. 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 moving average of $218.78 and a two-hundred day moving average of $216.02. The stock has a market cap of $63.78 billion, a P/E ratio of 30.14, a PEG ratio of 3.43 and a beta of 0.43. Republic Services, Inc. has a 1-year low of $201.42 and a 1-year high of $258.75.

Republic Services (NYSE:RSG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates 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 firm's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. On average, research analysts expect that Republic Services, Inc. will post 7.22 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

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