Republic Services, Inc. $RSG Shares Sold by D.A. Davidson & CO.

Key Points

• D.A. Davidson & Co. sharply reduced its stake in Republic Services, selling 10,130 shares and cutting its position by 84.8%, leaving 1,816 shares valued at about $385,000.
• The company beat quarterly EPS estimates ($1.76 vs. $1.62) while revenue of $4.14 billion slightly missed expectations, and management set FY2026 guidance of 7.20–7.28 EPS.
• Analyst sentiment is mixed — the consensus is a "Hold" with an average target price of $244.67 (nine Buys vs. eleven Holds reported).

D.A. Davidson & CO. lowered its position in shares of Republic Services, Inc. (NYSE:RSG - Free Report) by 84.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,816 shares of the business services provider's stock after selling 10,130 shares during the quarter. D.A. Davidson & CO.'s holdings in Republic Services were worth $385,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund increased its holdings in shares of Republic Services by 32.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 23,211 shares of the business services provider's stock valued at $5,326,000 after purchasing an additional 5,740 shares during the last quarter. Bessemer Group Inc. increased its holdings 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 valued at $169,768,000 after purchasing an additional 730,287 shares during the last quarter. National Pension Service increased its holdings in shares of Republic Services by 1.2% in the third quarter. National Pension Service now owns 758,644 shares of the business services provider's stock valued at $174,094,000 after purchasing an additional 9,041 shares during the last quarter. Azzad Asset Management Inc. ADV acquired a new stake in shares of Republic Services in the third quarter valued at approximately $3,524,000. Finally, SteelPeak Wealth LLC increased its holdings in shares of Republic Services by 130.0% in the fourth quarter. SteelPeak Wealth LLC now owns 12,386 shares of the business services provider's stock valued at $2,625,000 after purchasing an additional 7,001 shares during the last quarter. Institutional investors and hedge funds own 57.73% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on RSG. Scotiabank cut their target price on Republic Services from $246.00 to $242.00 and set a "sector perform" rating for the company in a research note on Wednesday, January 21st. Robert W. Baird cut their target price on Republic Services from $242.00 to $240.00 and set a "neutral" rating for the company in a research note on Thursday, April 16th. Citigroup raised their target price on Republic Services from $244.00 to $253.00 and gave the stock a "buy" rating in a research note on Monday, February 23rd. Morgan Stanley cut their target price on Republic Services from $230.00 to $225.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 18th. Finally, JPMorgan Chase & Co. raised their target price on Republic Services from $233.00 to $245.00 and gave the stock a "neutral" rating in a research note on Friday, April 10th. Nine analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $244.67.

Republic Services Trading Down 1.3%

Shares of NYSE RSG opened at $203.82 on Wednesday. Republic Services, Inc. has a twelve month low of $201.42 and a twelve month high of $258.75. 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 stock has a fifty day simple moving average of $218.47 and a 200-day simple moving average of $215.90. The stock has a market capitalization of $62.97 billion, a PE ratio of 29.76, a PEG ratio of 3.43 and a beta of 0.43.

Republic Services (NYSE:RSG - Get Free Report) last issued 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. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The business had revenue of $4.14 billion during the quarter, compared to analysts' expectations of $4.21 billion. During the same period in the previous year, the firm posted $1.58 earnings per share. 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. On average, equities analysts forecast that Republic Services, Inc. will post 7.22 earnings per share for the current year.

Republic Services Announces Dividend

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