Cascade Investment, L.L.C. Buys 329,200 Shares of Republic Services (NYSE:RSG) Stock

Posted by Jessica Moore on Sep 5th, 2026

Republic Services, Inc. (NYSE:RSG – Get Free Report) major shareholder Cascade Investment, L.L.C. acquired 329,200 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were bought at an average cost of $223.27 per share, for a total transaction of $73,500,484.00. Following the acquisition, the insider owned 115,021,527 shares of the company’s stock, valued at $25,680,856,333.29. This represents a 0.29% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Cascade Investment, L.L.C. also recently made the following trade(s):

On Tuesday, September 1st, Cascade Investment, L.L.C. bought 204,800 shares of Republic Services stock. The stock was purchased at an average cost of $222.68 per share, with a total value of $45,604,864.00.
On Monday, August 31st, Cascade Investment, L.L.C. acquired 301,000 shares of Republic Services stock. The stock was purchased at an average price of $221.94 per share, with a total value of $66,803,940.00.
On Friday, August 28th, Cascade Investment, L.L.C. purchased 251,400 shares of Republic Services stock. The stock was acquired at an average price of $221.03 per share, with a total value of $55,566,942.00.
On Thursday, August 27th, Cascade Investment, L.L.C. bought 284,600 shares of Republic Services stock. The shares were acquired at an average price of $219.52 per share, with a total value of $62,475,392.00.
On Wednesday, August 26th, Cascade Investment, L.L.C. acquired 275,500 shares of Republic Services stock. The shares were bought at an average cost of $221.55 per share, with a total value of $61,037,025.00.
On Tuesday, August 25th, Cascade Investment, L.L.C. acquired 269,477 shares of Republic Services stock. The shares were bought at an average cost of $221.88 per share, with a total value of $59,791,556.76.
On Monday, August 24th, Cascade Investment, L.L.C. bought 301,639 shares of Republic Services stock. The stock was bought at an average price of $222.91 per share, for a total transaction of $67,238,349.49.
On Friday, August 21st, Cascade Investment, L.L.C. purchased 191,361 shares of Republic Services stock. The shares were bought at an average price of $220.34 per share, with a total value of $42,164,482.74.
On Thursday, August 20th, Cascade Investment, L.L.C. purchased 208,925 shares of Republic Services stock. The shares were bought at an average cost of $220.26 per share, with a total value of $46,017,820.50.
On Wednesday, August 19th, Cascade Investment, L.L.C. acquired 178,844 shares of Republic Services stock. The stock was purchased at an average cost of $222.51 per share, for a total transaction of $39,794,578.44.

Republic Services Stock Down 1.1%

RSG stock opened at $222.58 on Friday. The stock has a market capitalization of $68.16 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 3.73 and a beta of 0.40. The company has a fifty day moving average of $217.58 and a 200-day moving average of $215.19. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services, Inc. has a one year low of $196.41 and a one year high of $233.77.

Republic Services (NYSE:RSG – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.04. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The firm 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 posted $1.77 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. As a group, analysts expect that Republic Services, Inc. will post 7.27 EPS for the current year.

Republic Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Republic Services’s previous quarterly dividend of $0.62. The ex-dividend date is Friday, October 2nd. Republic Services’s dividend payout ratio (DPR) is presently 35.41%.

Analysts Set New Price Targets

RSG has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised their target price on Republic Services from $265.00 to $267.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Barclays increased their price target on shares of Republic Services from $233.00 to $240.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. UBS Group raised their price objective on shares of Republic Services from $233.00 to $235.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Morgan Stanley set a $232.00 target price on shares of Republic Services in a research report on Friday, August 7th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $249.00 target price on shares of Republic Services in a report on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $245.26.

Read Our Latest Report on RSG

Institutional Trading of Republic Services

Large investors have recently modified their holdings of the business. Corient Private Wealth LP lifted its stake in Republic Services by 39.0% in the 2nd quarter. Corient Private Wealth LP now owns 153,096 shares of the business services provider’s stock valued at $32,622,000 after buying an additional 42,943 shares in the last quarter. Schulz Wealth LTD. purchased a new position in Republic Services during the second quarter worth $279,000. Groupe la Francaise raised its holdings in shares of Republic Services by 17.8% in the second quarter. Groupe la Francaise now owns 71,736 shares of the business services provider’s stock worth $15,291,000 after acquiring an additional 10,853 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Republic Services in the second quarter valued at $13,002,000. Finally, California State Teachers Retirement System boosted its stake in shares of Republic Services by 19,694.6% during the second quarter. California State Teachers Retirement System now owns 49,796,796 shares of the business services provider’s stock valued at $10,610,701,000 after acquiring an additional 49,545,228 shares during the last quarter. 57.73% of the stock is currently owned by institutional investors and hedge funds.

Republic Services Company Profile

(Get Free Report)

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.