Republic Services, Inc. $RSG Shares Purchased by Guardian Capital LP

Key Points

• Guardian Capital LP increased its stake in Republic Services by 8.2%, buying 9,317 shares to own 123,062 shares worth about $28.24 million; institutional investors now own roughly 57.73% of the company.
• Republic Services reported EPS of $1.76 (vs. $1.62 expected) and revenue of $4.14 billion (slightly below estimates), and set FY2026 guidance of $7.20–$7.28 per share versus analyst expectations around $6.86.
• Analysts maintain a generally positive view with a consensus rating of “Moderate Buy” (13 Buys, 9 Holds) and a consensus target price of $245.70, while recent targets have ranged up to $253 (Citigroup) and down to $225–241 at other firms.

Guardian Capital LP boosted its stake in shares of Republic Services, Inc. (NYSE:RSG - Free Report) by 8.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 123,062 shares of the business services provider's stock after acquiring an additional 9,317 shares during the quarter. Guardian Capital LP's holdings in Republic Services were worth $28,240,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Financial Consulate Inc. acquired a new stake in shares of Republic Services during the 3rd quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Republic Services by 121.8% in the 3rd 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. NewSquare Capital LLC boosted its holdings in Republic Services by 68.5% during the second quarter. NewSquare Capital LLC now owns 123 shares of the business services provider's stock worth $30,000 after buying an additional 50 shares in the last quarter. Foster Dykema Cabot & Partners LLC acquired a new stake in Republic Services during the second quarter valued at $33,000. Finally, Westside Investment Management Inc. boosted its stake in shares of Republic Services by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 172 shares of the business services provider's stock worth $39,000 after acquiring an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 57.73% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on RSG shares. Citigroup lifted their price target on Republic Services from $244.00 to $253.00 and gave the company a "buy" rating in a research note on Monday, February 23rd. Barclays set a $227.00 price objective on Republic Services in a report on Monday, February 23rd. Bank of America reduced their target price on Republic Services from $271.00 to $241.00 and set a "buy" rating for the company in a research note on Monday, December 22nd. Morgan Stanley decreased their target price on Republic Services from $230.00 to $225.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 18th. Finally, UBS Group boosted their price target on shares of Republic Services from $225.00 to $240.00 and gave the stock a "neutral" rating in a report on Thursday. Thirteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $245.70.

Republic Services Price Performance

NYSE:RSG opened at $231.33 on Friday. The stock has a 50 day moving average of $218.08 and a two-hundred day moving average of $219.55. Republic Services, Inc. has a 12 month low of $201.42 and a 12 month high of $258.75. The firm has a market cap of $71.43 billion, a P/E ratio of 33.77, a price-to-earnings-growth ratio of 3.83 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 (NYSE:RSG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.62 by $0.14. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same period in the previous year, the company posted $1.58 earnings per share. The business'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. On average, analysts expect that Republic Services, Inc. will post 6.86 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.1%. Republic Services's dividend payout ratio is presently 36.50%.

Insider Activity at Republic Services

In other Republic Services news, Director Katharine Weymouth bought 478 shares of Republic Services stock in a transaction dated Tuesday, December 9th. The stock was acquired at an average cost of $209.46 per share, for a total transaction of $100,121.88. Following the completion of the transaction, the director directly owned 5,740 shares of the company's stock, valued at approximately $1,202,300.40. This represents a 9.08% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.11% of the stock is owned by company insiders.

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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