Republic Services, Inc. $RSG Stock Holdings Lifted by Albion Financial Group UT

Key Points

• Albion Financial Group UT increased its Republic Services stake by 48.9% in the third quarter, bringing its holdings to 50,632 shares valued at approximately $10.6 million. Institutional investors collectively own 57.73% of RSG.
• Republic Services exceeded quarterly expectations, reporting EPS of $1.85 versus the $1.81 consensus and revenue of $4.43 billion, up 4.6% year over year. The company maintained 2026 EPS guidance of $7.23–$7.28.
• The company raised its quarterly dividend to $0.67 per share, equivalent to an annualized $2.68 dividend and a 1.2% yield. Analysts maintain a “Moderate Buy” consensus, with an average price target of $243.27 versus the reported share price of $230.58.

Albion Financial Group UT lifted its holdings in Republic Services, Inc. (NYSE:RSG - Free Report) by 48.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,632 shares of the business services provider's stock after acquiring an additional 16,619 shares during the period. Albion Financial Group UT's holdings in Republic Services were worth $10,626,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in RSG. BlackRock Inc. bought a new position in Republic Services during the second quarter valued at $3,798,092,000. Bank of America Corp DE bought a new stake in shares of Republic Services in the 2nd quarter worth about $682,573,000. Legal & General Group Plc bought a new stake in shares of Republic Services in the 2nd quarter worth about $245,506,000. Deutsche Bank AG purchased a new stake in shares of Republic Services during the 2nd quarter valued at about $236,628,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Republic Services during the 2nd quarter valued at about $220,527,000. Hedge funds and other institutional investors own 57.73% of the company's stock.

Insider Transactions at Republic Services

In other Republic Services news, major shareholder Cascade Investment, L.L.C. acquired 409,500 shares of the business's stock in a transaction dated Tuesday, September 8th. The shares were purchased at an average price of $221.49 per share, for a total transaction of $90,700,155.00. Following the completion of the purchase, the insider directly owned 116,166,330 shares of the company's stock, valued at $25,729,680,431.70. The trade was a 0.35% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have purchased 6,254,462 shares of company stock worth $1,380,321,958. Company insiders own 0.12% of the company's stock.

Republic Services Price Performance

RSG opened at $230.58 on Thursday. The company has a market capitalization of $70.61 billion, a price-to-earnings ratio of 32.66, a PEG ratio of 3.74 and a beta of 0.39. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. Republic Services, Inc. has a 12-month low of $196.41 and a 12-month high of $233.42. The business's fifty day simple moving average is $219.53 and its 200-day simple moving average is $214.22.

Republic Services (NYSE:RSG - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.04. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.36 billion. During the same period last year, the company posted $1.77 earnings per share. Republic Services's revenue was up 4.6% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. On average, equities research analysts anticipate that Republic Services, Inc. will post 7.26 earnings per share for the current fiscal year.

Republic Services Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Friday, October 2nd were issued a $0.67 dividend. This is a boost from Republic Services's previous quarterly dividend of $0.6250. The ex-dividend date was Friday, October 2nd. This represents a $2.68 annualized dividend and a yield of 1.2%. Republic Services's dividend payout ratio is currently 37.96%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on RSG shares. Scotiabank reiterated a "sector perform" rating and issued a $236.00 price target on shares of Republic Services in a research report on Thursday, October 15th. The Goldman Sachs Group reduced their price objective on Republic Services from $256.00 to $246.00 and set a "buy" rating on the stock in a research note on Friday, October 2nd. Citigroup upped their price objective on Republic Services from $247.00 to $259.00 and gave the company a "buy" rating in a research report on Friday, July 10th. Morgan Stanley lowered their price objective on Republic Services from $232.00 to $219.00 and set an "equal weight" rating for the company in a research note on Tuesday, October 13th. Finally, Raymond James Financial set a $235.00 target price on Republic Services in a report on Friday, October 9th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Republic Services has an average rating of "Moderate Buy" and an average price target of $243.27.

Republic Services Company Profile

Republic Services, Inc is an environmental services company that provides waste collection, recycling and disposal solutions for residential, commercial, industrial and municipal customers. Its services include curbside collection, dumpster and roll-off container services, transfer station operations, landfill management and recycling processing.

The company also provides specialized environmental services, including hazardous waste management, emergency response, remediation and other sustainability-related solutions for businesses and government organizations.

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