Insider Buying: Republic Services (NYSE:RSG) Major Shareholder Buys 365,039 Shares of Stock

Posted by Doug Wharley on Sep 8th, 2026

Republic Services, Inc. (NYSE:RSG – Get Free Report) major shareholder Cascade Investment, L.L.C. bought 365,039 shares of Republic Services stock in a transaction on Friday, September 4th. The stock was acquired at an average price of $223.16 per share, for a total transaction of $81,462,103.24. Following the purchase, the insider owned 115,756,830 shares of the company’s stock, valued at approximately $25,832,294,182.80. This trade represents a 0.32% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

On Thursday, September 3rd, Cascade Investment, L.L.C. bought 370,264 shares of Republic Services stock. The shares were bought at an average cost of $224.81 per share, with a total value of $83,239,049.84.
On Wednesday, September 2nd, Cascade Investment, L.L.C. purchased 329,200 shares of Republic Services stock. The stock was bought at an average cost of $223.27 per share, for a total transaction of $73,500,484.00.
On Tuesday, September 1st, Cascade Investment, L.L.C. acquired 204,800 shares of Republic Services stock. The shares were bought at an average price of $222.68 per share, with a total value of $45,604,864.00.
On Monday, August 31st, Cascade Investment, L.L.C. bought 301,000 shares of Republic Services stock. The stock was bought at an average price of $221.94 per share, for a total transaction of $66,803,940.00.
On Friday, August 28th, Cascade Investment, L.L.C. bought 251,400 shares of Republic Services stock. The shares were bought at an average cost of $221.03 per share, for a total transaction of $55,566,942.00.
On Thursday, August 27th, Cascade Investment, L.L.C. purchased 284,600 shares of Republic Services stock. The shares were bought at an average cost 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 stock was purchased at an average cost of $221.55 per share, for a total transaction 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 purchased at an average price of $221.88 per share, for a total transaction 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 purchased at an average price of $222.91 per share, with a total value 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 purchased at an average cost of $220.34 per share, for a total transaction of $42,164,482.74.

Republic Services Stock Down 0.5%

Shares of Republic Services stock traded down $1.02 during trading on Tuesday, hitting $221.69. 1,491,808 shares of the stock traded hands, compared to its average volume of 1,547,906. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. The stock’s fifty day simple moving average is $217.74 and its 200 day simple moving average is $215.14. The firm has a market cap of $67.88 billion, a P/E ratio of 31.40, a price-to-earnings-growth ratio of 3.69 and a beta of 0.40. Republic Services, Inc. has a 52-week low of $196.41 and a 52-week high of $233.42.

Republic Services (NYSE:RSG – Get Free Report) last issued its 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. The company had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $4.36 billion. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. On average, equities analysts predict that Republic Services, Inc. will post 7.27 earnings per share for the current fiscal year.

Republic Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Friday, October 2nd. This is a positive change from Republic Services’s previous quarterly dividend of $0.62. This represents a $2.68 annualized dividend and a yield of 1.2%. Republic Services’s dividend payout ratio is 35.41%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on RSG shares. UBS Group upped their target price on Republic Services from $233.00 to $235.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Weiss Ratings raised Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Barclays raised their price objective on Republic Services from $233.00 to $240.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Argus lowered Republic Services from a “buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Citigroup increased their price target on shares of Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Republic Services has an average rating of “Moderate Buy” and a consensus target price of $245.26.

Get Our Latest Stock Analysis on Republic Services

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Nykredit A S purchased a new position in Republic Services in the 2nd quarter worth $24,534,000. Corient Private Wealth LP grew its stake in Republic Services by 39.0% during 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 purchasing an additional 42,943 shares during the last quarter. Schulz Wealth LTD. acquired a new position in shares of Republic Services in the second quarter valued at about $279,000. Groupe la Francaise raised its stake 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 purchasing an additional 10,853 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Republic Services during the second quarter worth about $13,002,000. 57.73% of the stock is owned by institutional investors and hedge funds.

About Republic Services

(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.