US Bancorp DE Reduces Position in Republic Services, Inc. $RSG

Key Points

• US Bancorp DE decreased its stake in Republic Services by 5.2% in Q4, selling 7,843 shares and holding 142,707 shares worth about $30.24 million at quarter-end.
• Republic Services beat quarterly EPS estimates (reported $1.76 vs. $1.62 consensus) and set FY2026 guidance of $7.20–$7.28 per share, roughly in line with analysts' average forecast of $7.22.
• Dividend and analyst backdrop: the company pays a $0.625 quarterly dividend (annualized $2.50, yield ~1.2%), while Wall Street ratings are mixed (nine Buys, eleven Holds) with an average price target of $244.67 and a market cap near $63.8 billion.

US Bancorp DE decreased its stake in shares of Republic Services, Inc. (NYSE:RSG - Free Report) by 5.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 142,707 shares of the business services provider's stock after selling 7,843 shares during the period. US Bancorp DE's holdings in Republic Services were worth $30,244,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of RSG. Financial Consulate Inc. purchased a new position in Republic Services during the third quarter worth $25,000. Wealth Watch Advisors INC purchased a new position in Republic Services during the third quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC increased 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 worth $28,000 after buying an additional 67 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Republic Services during the third quarter worth $29,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of Republic Services during the fourth quarter worth $32,000. Hedge funds and other institutional investors own 57.73% of the company's stock.

Republic Services Price Performance

RSG stock opened at $206.58 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services, Inc. has a 1 year low of $201.42 and a 1 year high of $258.75. The firm has a market cap of $63.82 billion, a P/E ratio of 30.16, a price-to-earnings-growth ratio of 3.47 and a beta of 0.43. The stock has a 50-day simple moving average of $218.78 and a 200-day simple moving average of $216.13.

Republic Services (NYSE:RSG - Get Free Report) last posted its earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) 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 analyst estimates of $4.21 billion. During the same quarter last year, the firm earned $1.58 earnings per share. The company's revenue for the quarter 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 7.22 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The business also recently announced 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 was Thursday, April 2nd. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.2%. Republic Services's dividend payout ratio (DPR) is 36.79%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on RSG. Wells Fargo & Company raised their price objective on Republic Services from $238.00 to $252.00 and gave the stock an "overweight" rating in a report on Wednesday, March 18th. Sanford C. Bernstein raised their price objective on Republic Services from $205.00 to $220.00 and gave the stock a "market perform" rating in a report on Monday, January 5th. Robert W. Baird decreased their price objective on Republic Services from $242.00 to $240.00 and set a "neutral" rating on the stock in a report on Thursday, April 16th. Wolfe Research began coverage on Republic Services in a report on Friday, March 13th. They set a "peer perform" rating on the stock. Finally, Weiss Ratings cut Republic Services from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday. Nine investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $244.67.

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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