Sumitomo Mitsui Trust Group Inc. Lowers Position in Republic Services, Inc. $RSG

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in Republic Services by 4.1% in Q4, selling 23,826 shares and leaving it with 550,902 shares worth about $116.8 million (≈0.18% of the company).
• Q4 results showed Republic Services topped EPS estimates ($1.76 vs. $1.62) but missed revenue ($4.14B vs. $4.21B), and the company set FY2026 guidance of 7.20–7.28 EPS versus analysts' forecast of 6.86.
• Republic announced a quarterly dividend of $0.625 (annualized $2.50, yield ~1.2%), and analysts maintain a consensus rating of Moderate Buy with a $247 average price target.

Sumitomo Mitsui Trust Group Inc. cut its stake in shares of Republic Services, Inc. (NYSE:RSG - Free Report) by 4.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 550,902 shares of the business services provider's stock after selling 23,826 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.18% of Republic Services worth $116,753,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of RSG. Financial Consulate Inc. purchased a new position in Republic Services during the third quarter valued at $25,000. Wealth Watch Advisors INC purchased a new position in Republic Services during the third quarter valued at $26,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in Republic Services by 121.8% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider's stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. Ameriflex Group Inc. bought a new stake in Republic Services during the third quarter valued at about $29,000. Finally, Sound Income Strategies LLC bought a new stake in Republic Services during the fourth quarter valued at about $32,000. 57.73% of the stock is currently owned by hedge funds and other institutional investors.

Republic Services Trading Down 0.7%

Shares of RSG stock opened at $213.12 on Tuesday. Republic Services, Inc. has a 12-month low of $201.42 and a 12-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's 50-day moving average price is $221.90 and its 200-day moving average price is $217.51. The stock has a market capitalization of $65.85 billion, a price-to-earnings ratio of 31.11, a price-to-earnings-growth ratio of 3.56 and a beta of 0.53.

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 the consensus estimate 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 period in the previous year, the firm posted $1.58 earnings per share. The business'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. Equities research analysts predict that Republic Services, Inc. will post 6.86 EPS for the current fiscal year.

Republic Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be issued a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, April 2nd. Republic Services's payout ratio is 36.79%.

Analyst Upgrades and Downgrades

RSG has been the topic of a number of recent analyst reports. Morgan Stanley decreased their price target 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. Bank of America decreased their price target on Republic Services from $271.00 to $241.00 and set a "buy" rating on the stock in a report on Monday, December 22nd. 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. BMO Capital Markets decreased their price target on Republic Services from $251.00 to $248.00 and set an "outperform" rating on the stock in a report on Wednesday, February 18th. Finally, 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. Thirteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $247.00.

About Republic Services

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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