Rep. Julie Johnson Sells Off Shares of Republic Services, Inc. (NYSE:RSG)

Key Points

• Representative Julie Johnson sold between $1,001 and $15,000 in shares of Republic Services, Inc. (NYSE:RSG) on August 14th, as disclosed in a filing.
• Republic Services' shares have recently dropped 1.6%, trading at $228.46, and the company also reported earnings of $1.77 EPS, slightly surpassing estimates.
• The firm declared a $0.625 quarterly dividend, increasing from the previous $0.58, which will be paid on October 15th, reflecting a 1.1% dividend yield.

Representative Julie Johnson (D-Texas) recently sold shares of Republic Services, Inc. NYSE: RSG. In a filing disclosed on September 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Republic Services stock on August 14th. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 8/14/2025.
• Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 8/14/2025.
• Sold $1,001 - $15,000 in shares of Dover NYSE: DOV on 8/14/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 8/14/2025.

Republic Services Stock Down 1.6%

Shares of RSG traded down $3.75 during trading hours on Friday, hitting $228.46. The company had a trading volume of 891,769 shares, compared to its average volume of 955,511. The firm has a fifty day moving average price of $235.93 and a 200-day moving average price of $240.97. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a market capitalization of $71.33 billion, a price-to-earnings ratio of 33.80, a P/E/G ratio of 3.62 and a beta of 0.59. Republic Services, Inc. has a 52-week low of $197.60 and a 52-week high of $258.75.

Republic Services (NYSE:RSG - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The business services provider reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.01. The firm had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.26 billion. Republic Services had a return on equity of 18.27% and a net margin of 12.97%.Republic Services's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.61 EPS. Republic Services has set its FY 2025 guidance at 6.820-6.900 EPS. On average, equities research analysts forecast that Republic Services, Inc. will post 6.86 EPS for the current fiscal year.

Republic Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Thursday, October 2nd will be given a $0.625 dividend. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $2.50 annualized dividend and a dividend yield of 1.1%. This is a boost from Republic Services's previous quarterly dividend of $0.58. Republic Services's payout ratio is presently 36.98%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Scotiabank boosted their target price on Republic Services from $250.00 to $260.00 and gave the stock a "sector perform" rating in a research report on Friday, July 18th. Raymond James Financial upped their price target on shares of Republic Services from $257.00 to $260.00 and gave the company an "outperform" rating in a research report on Tuesday, July 22nd. National Bank Financial raised shares of Republic Services to a "hold" rating in a research report on Monday, May 26th. Melius Research upgraded Republic Services to a "hold" rating and set a $281.00 price objective for the company in a research note on Monday, June 9th. Finally, JPMorgan Chase & Co. boosted their price objective on Republic Services from $229.00 to $275.00 and gave the company a "neutral" rating in a research note on Friday, May 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Republic Services presently has a consensus rating of "Moderate Buy" and a consensus target price of $262.17.

Hedge Funds Weigh In On Republic Services

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC grew its stake in shares of Republic Services by 75.8% in the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider's stock worth $3,988,000 after buying an additional 8,547 shares in the last quarter. Graham Capital Management L.P. grew its stake in shares of Republic Services by 20.4% in the 4th quarter. Graham Capital Management L.P. now owns 3,900 shares of the business services provider's stock worth $785,000 after buying an additional 662 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of Republic Services in the 4th quarter worth $246,000. Janus Henderson Group PLC grew its stake in shares of Republic Services by 0.7% in the 4th quarter. Janus Henderson Group PLC now owns 32,148 shares of the business services provider's stock worth $6,468,000 after buying an additional 217 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Republic Services by 6.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 100,904 shares of the business services provider's stock worth $20,300,000 after buying an additional 6,399 shares in the last quarter. 57.73% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Gregg Brummer sold 7,338 shares of the firm's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $233.94, for a total value of $1,716,651.72. Following the completion of the sale, the executive vice president directly owned 4,060 shares in the company, valued at $949,796.40. This trade represents a 64.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. purchased 4,258 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was bought at an average price of $234.91 per share, with a total value of $1,000,246.78. Following the completion of the transaction, the insider owned 109,816,832 shares of the company's stock, valued at $25,797,072,005.12. The trade was a 0.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.11% of the stock is owned by company insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

About Republic Services

Republic Services, Inc, together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.

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