Robeco Institutional Asset Management B.V. cut its holdings in Republic Services, Inc. (NYSE:RSG - Free Report) by 58.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 251,598 shares of the business services provider's stock after selling 359,642 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.08% of Republic Services worth $53,321,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund increased its stake 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 buying an additional 5,740 shares in the last quarter. Bessemer Group Inc. increased its stake 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 buying an additional 730,287 shares in the last quarter. National Pension Service increased its stake 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 buying an additional 9,041 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Republic Services by 60.0% in the third quarter. Farther Finance Advisors LLC now owns 12,665 shares of the business services provider's stock valued at $2,906,000 after acquiring an additional 4,750 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV bought a new position in Republic Services in the third quarter valued at about $3,524,000. 57.73% of the stock is currently owned by institutional investors and hedge funds.
Republic Services Price Performance
Shares of RSG opened at $213.12 on Tuesday. 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, Inc. has a 1 year low of $201.42 and a 1 year high of $258.75. The stock has a market cap of $65.85 billion, a P/E ratio of 31.11, a price-to-earnings-growth ratio of 3.56 and a beta of 0.53. The stock's 50-day moving average price is $221.90 and its two-hundred day moving average price is $217.51.
Republic Services (NYSE:RSG - Get Free Report) last issued its 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 analysts' expectations of $4.21 billion. During the same quarter last year, the business earned $1.58 earnings per share. The company's revenue was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. On average, equities analysts predict that Republic Services, Inc. will post 6.86 earnings per share for the current year.
Republic Services Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be issued a dividend of $0.625 per share. The ex-dividend date is Thursday, April 2nd. This represents a $2.50 dividend on an annualized basis and a yield of 1.2%. Republic Services's dividend payout ratio (DPR) is 36.79%.
Analyst Upgrades and Downgrades
RSG has been the topic of several recent research reports. Scotiabank decreased their price target on Republic Services from $246.00 to $242.00 and set a "sector perform" rating on the stock in a report on Wednesday, January 21st. UBS Group raised their price target on Republic Services from $225.00 to $240.00 and gave the company a "neutral" rating in a report on Thursday, March 5th. Oppenheimer decreased their price target on Republic Services from $256.00 to $255.00 and set an "outperform" rating on the stock in a report on Friday, January 23rd. Wells Fargo & Company raised their price target on Republic Services from $238.00 to $252.00 and gave the company an "overweight" rating in a report on Wednesday, March 18th. Finally, Wolfe Research initiated coverage on Republic Services in a report on Friday, March 13th. They issued a "peer perform" rating on the stock. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat.com, Republic Services presently has an average rating of "Moderate Buy" and a consensus price target of $247.00.
Check Out Our Latest Research Report on Republic Services
Republic Services Profile
(
Free Report)
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.
Featured Stories
Want to see what other hedge funds are holding RSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Republic Services, Inc. (NYSE:RSG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Republic Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Republic Services wasn't on the list.
While Republic Services currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.