Republic Services, Inc. $RSG Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 90.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,224 shares of the business services provider’s stock after selling 21,229 shares during the period. Lazard Asset Management LLC’s holdings in Republic Services were worth $487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the business. Wealth Watch Advisors INC purchased a new stake in Republic Services during the third quarter worth approximately $26,000. Laurel Wealth Advisors LLC acquired a new stake in Republic Services during the fourth quarter worth approximately $25,000. Prosperity Bancshares Inc acquired a new stake in Republic Services during the fourth quarter worth approximately $30,000. Sound Income Strategies LLC purchased a new stake in shares of Republic Services during the 4th quarter worth approximately $32,000. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Republic Services in the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Analyst Upgrades and Downgrades

RSG has been the topic of several research analyst reports. Robert W. Baird cut their price target on shares of Republic Services from $242.00 to $240.00 and set a “neutral” rating on the stock in a research note on Thursday, April 16th. Barclays raised their price objective on Republic Services from $227.00 to $233.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. JPMorgan Chase & Co. boosted their target price on Republic Services from $233.00 to $245.00 and gave the company a “neutral” rating in a report on Friday, April 10th. Citigroup upped their target price on Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Finally, Royal Bank Of Canada raised their price target on Republic Services from $265.00 to $267.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $243.89.

Key Republic Services News

Here are the key news stories impacting Republic Services this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded estimates. Republic Services reported adjusted EPS of $1.85, compared with the $1.81 consensus estimate, while revenue rose 4.6% year over year to $4.43 billion, above the $4.36 billion forecast. EPS also increased from $1.77 in the prior-year quarter. Republic Services Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its 2026 financial guidance. The company now expects full-year revenue of approximately $17.2 billion to $17.3 billion and adjusted EPS of $7.23 to $7.28, reflecting increased expectations versus its prior outlook. Republic Services Raises 2026 Guidance and Dividend Payout
• Positive Sentiment: Capital returns and cash generation were supportive. Republic Services increased its quarterly dividend by approximately 7% and reported $2.38 billion in year-to-date operating cash flow and $1.58 billion in adjusted free cash flow. The company also invested about $860 million in acquisitions during the first half of 2026, potentially strengthening future growth. Republic Services Reports Second Quarter 2026 Results
• Neutral Sentiment: Net income increased to $566 million, or $1.84 per diluted share, from $550 million, or $1.75 per share, a year earlier. The results indicate steady profitability, with a reported net margin of 13.0% and return on equity of 18.57%. Republic Services Q2 Earnings Snapshot
• Negative Sentiment: The new full-year adjusted EPS range of $7.23 to $7.28 is fractionally below the $7.29 analyst consensus, which could limit further upside if investors view the guidance increase as less aggressive than expected. Revenue guidance is broadly in line with estimates. Republic Services Q2 Earnings Compared With Estimates

Republic Services Trading Up 1.1%

Shares of Republic Services stock opened at $209.35 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market capitalization of $64.41 billion, a P/E ratio of 30.04, a PEG ratio of 3.46 and a beta of 0.40. Republic Services, Inc. has a 1 year low of $196.41 and a 1 year high of $238.62. The company’s fifty day moving average is $212.75 and its two-hundred day moving average is $214.95.

Republic Services (NYSE:RSG) last announced its earnings results on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.04. Republic Services had a net margin of 13.00% and a return on equity of 18.57%. The business had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.36 billion. During the same period in the prior year, the company earned $1.77 earnings per share. The business’s revenue was up 4.6% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Analysts forecast that Republic Services, Inc. will post 7.29 earnings per share for the current year.

Republic Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $2.68 annualized dividend and a yield of 1.3%. This is a boost from Republic Services’s previous quarterly dividend of $0.62. Republic Services’s dividend payout ratio (DPR) is currently 35.87%.

Insider Buying and Selling

In other Republic Services news, Director Sandra M. Volpe sold 1,800 shares of Republic Services stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $211.28, for a total value of $380,304.00. Following the transaction, the director directly owned 58 shares in the company, valued at approximately $12,254.24. This trade represents a 96.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. bought 60,700 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was bought at an average cost of $213.31 per share, for a total transaction of $12,947,917.00. Following the acquisition, the insider owned 110,803,982 shares of the company’s stock, valued at approximately $23,635,597,400.42. This trade represents a 0.05% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 987,150 shares of company stock valued at $202,366,682 over the last ninety days. 0.12% of the stock is owned by insiders.

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.