Schroder Investment Management Group Grows Holdings in Republic Services, Inc. $RSG

Key Points

• Schroder Investment Management Group raised its stake in Republic Services by 50.1%, buying 210,309 shares to hold 630,260 shares (about 0.20% of the company) valued at $144.37 million.
• Other large institutions—including Vanguard, JPMorgan, Geode, Norges Bank and Franklin Resources—also increased or established sizable positions, leaving institutional ownership at 57.73%.
• Republic Services recently beat quarterly EPS estimates ($1.76 vs. $1.62), set FY2026 guidance of 7.20–7.28 EPS, has a $71.13 billion market cap, and announced a quarterly dividend of $0.625 (annual $2.50, yield 1.1%).

Schroder Investment Management Group raised its position in shares of Republic Services, Inc. (NYSE:RSG - Free Report) by 50.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 630,260 shares of the business services provider's stock after purchasing an additional 210,309 shares during the quarter. Schroder Investment Management Group owned 0.20% of Republic Services worth $144,367,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Republic Services by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 19,107,360 shares of the business services provider's stock valued at $4,384,757,000 after buying an additional 49,365 shares in the last quarter. Geode Capital Management LLC raised its holdings in Republic Services by 3.1% during the second quarter. Geode Capital Management LLC now owns 4,821,387 shares of the business services provider's stock valued at $1,187,328,000 after acquiring an additional 144,003 shares during the period. JPMorgan Chase & Co. lifted its position 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 valued at $711,003,000 after acquiring an additional 409,142 shares in the last quarter. Norges Bank bought a new position in shares of Republic Services in the second quarter worth about $690,313,000. Finally, Franklin Resources Inc. grew its position in shares of Republic Services by 10.1% during the second quarter. Franklin Resources Inc. now owns 2,379,682 shares of the business services provider's stock worth $586,854,000 after purchasing an additional 218,114 shares in the last quarter. 57.73% of the stock is currently owned by institutional investors.

Republic Services Stock Performance

Shares of NYSE:RSG opened at $230.34 on Tuesday. The firm has a fifty day simple moving average of $218.40 and a two-hundred day simple moving average of $219.29. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.08. The stock has a market capitalization of $71.13 billion, a P/E ratio of 33.63, a PEG ratio of 3.82 and a beta of 0.54. Republic Services, Inc. has a 52 week low of $201.42 and a 52 week high of $258.75.

Republic Services (NYSE:RSG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.14. The firm had revenue of $4.14 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.58 EPS. 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 business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be given a dividend of $0.625 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $2.50 annualized dividend and a dividend yield of 1.1%. Republic Services's payout ratio is currently 36.50%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Sanford C. Bernstein boosted their price target on Republic Services from $205.00 to $220.00 and gave the stock a "market perform" rating in a report on Monday, January 5th. Scotiabank lowered their target price on shares of Republic Services from $246.00 to $242.00 and set a "sector perform" rating on the stock in a report on Wednesday, January 21st. Wells Fargo & Company started coverage on shares of Republic Services in a report on Thursday, November 13th. They issued an "overweight" rating and a $238.00 price target on the stock. BMO Capital Markets dropped their price objective on shares of Republic Services from $251.00 to $248.00 and set an "outperform" rating for the company in a report on Wednesday, February 18th. Finally, Morgan Stanley reduced their target price on Republic Services from $230.00 to $225.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 18th. Thirteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $245.70.

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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