Capital International Inc. CA Purchases 6,584 Shares of Republic Services, Inc. $RSG

Capital International Inc. CA raised its position in shares of Republic Services, Inc. (NYSE:RSG) by 26.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,200 shares of the business services provider’s stock after purchasing an additional 6,584 shares during the period. Capital International Inc. CA’s holdings in Republic Services were worth $7,160,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Consulate Inc. acquired a new stake in Republic Services in the third quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake 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 acquiring an additional 67 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Republic Services in the 3rd quarter valued at approximately $29,000. Foster Dykema Cabot & Partners LLC acquired a new position in Republic Services during the 2nd quarter worth approximately $33,000. Finally, Westside Investment Management Inc. boosted its position in Republic Services by 100.0% in the third quarter. Westside Investment Management Inc. now owns 172 shares of the business services provider’s stock valued at $39,000 after buying an additional 86 shares in the last quarter. Institutional investors own 57.73% of the company’s stock.

Republic Services Price Performance

Shares of RSG opened at $223.11 on Wednesday. The firm has a market cap of $68.90 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 3.80 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. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. The business’s 50 day moving average price is $218.57 and its two-hundred day moving average price is $219.21.

Republic Services (NYSE:RSG) last released 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 net margin of 12.90% and a return on equity of 18.44%. The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter in the previous year, the company earned $1.58 EPS. Republic Services’s quarterly 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 anticipate that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be paid a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 2nd. Republic Services’s dividend payout ratio is 36.50%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on RSG. Sanford C. Bernstein increased their price target on Republic Services from $205.00 to $220.00 and gave the company a “market perform” rating in a research note on Monday, January 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Republic Services in a report on Monday, December 29th. The Goldman Sachs Group started coverage on shares of Republic Services in a report on Monday, November 24th. They issued a “buy” rating and a $255.00 price objective for the company. UBS Group raised their price target on shares of Republic Services from $225.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Finally, Barclays set a $227.00 price objective on shares of Republic Services in a research note on Monday, February 23rd. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Republic Services has an average rating of “Moderate Buy” and a consensus price target of $245.70.

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.