Republic Services, Inc. $RSG Shares Purchased by Natixis Advisors LLC

Key Points

• Natixis Advisors raised its stake in Republic Services by 8.6% in Q3 to 203,444 shares (about $46.7M), and other large investors—including Norges Bank, Bessemer and JPMorgan—also added sizable positions, leaving institutional ownership near 57.7%.
• Analyst sentiment is broadly positive with a consensus rating of "Moderate Buy" and a consensus price target of $245.70, while Goldman Sachs recently initiated coverage with a Buy and $255 target.
• Republic beat quarterly EPS ($1.76 vs. $1.62) but slightly missed revenue estimates, issued FY2026 EPS guidance of 7.20–7.28, and announced a $0.625 quarterly dividend (annual $2.50, ~1.1% yield).

Natixis Advisors LLC raised its holdings in shares of Republic Services, Inc. (NYSE:RSG - Free Report) by 8.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 203,444 shares of the business services provider's stock after purchasing an additional 16,027 shares during the period. Natixis Advisors LLC owned about 0.07% of Republic Services worth $46,687,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Republic Services during the 2nd quarter valued at $690,313,000. Bessemer Group Inc. boosted its position in shares of Republic Services by 7,683.2% in the third quarter. Bessemer Group Inc. now owns 739,792 shares of the business services provider's stock worth $169,768,000 after buying an additional 730,287 shares during the period. M&G PLC grew its stake in Republic Services by 113.0% during the 2nd quarter. M&G PLC now owns 1,164,656 shares of the business services provider's stock valued at $287,670,000 after acquiring an additional 617,939 shares in the last quarter. Qube Research & Technologies Ltd grew its position in Republic Services by 174.6% during the second quarter. Qube Research & Technologies Ltd now owns 685,448 shares of the business services provider's stock valued at $169,038,000 after purchasing an additional 435,816 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Republic Services by 15.2% in the third quarter. JPMorgan Chase & Co. now owns 3,098,273 shares of the business services provider's stock worth $711,003,000 after acquiring an additional 409,142 shares during the last quarter. 57.73% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on RSG. The Goldman Sachs Group started coverage on Republic Services in a report on Monday, November 24th. They set a "buy" rating and a $255.00 price target on the stock. Morgan Stanley dropped their target price on Republic Services from $230.00 to $225.00 and set an "equal weight" rating for the company in a report on Wednesday, February 18th. Citigroup upped their price objective on shares of Republic Services from $244.00 to $253.00 and gave the stock a "buy" rating in a research note on Monday, February 23rd. UBS Group raised their price objective on shares of Republic Services from $225.00 to $240.00 and gave the company a "neutral" rating in a research report on Thursday, March 5th. Finally, Oppenheimer dropped 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. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $245.70.

Republic Services Stock Performance

NYSE RSG opened at $230.34 on Tuesday. Republic Services, Inc. has a 1 year low of $201.42 and a 1 year high of $258.75. The firm's 50 day simple moving average is $218.40 and its 200 day simple moving average is $219.29. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $71.13 billion, a price-to-earnings ratio of 33.63, a P/E/G ratio of 3.82 and a beta of 0.54.

Republic Services (NYSE:RSG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.14. The company had revenue of $4.14 billion for the quarter, compared to analyst estimates 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 was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, research analysts expect that Republic Services, Inc. will post 6.86 earnings per share for the current fiscal year.

Republic Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a dividend of $0.625 per share. The ex-dividend date is Thursday, April 2nd. This represents a $2.50 annualized dividend and a yield of 1.1%. Republic Services's dividend payout ratio (DPR) is currently 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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