Republic Services, Inc. $RSG Shares Acquired by Evexia Wealth LLC

Evexia Wealth LLC increased its holdings in Republic Services, Inc. (NYSE:RSG) by 24.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,839 shares of the business services provider’s stock after buying an additional 9,439 shares during the period. Republic Services comprises about 3.2% of Evexia Wealth LLC’s holdings, making the stock its 12th largest position. Evexia Wealth LLC’s holdings in Republic Services were worth $10,670,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Republic Services by 75.8% in the fourth quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock valued at $3,988,000 after purchasing an additional 8,547 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in shares of Republic Services during the 2nd quarter worth approximately $404,000. Arkadios Wealth Advisors acquired a new position in shares of Republic Services during the 2nd quarter worth approximately $253,000. NewSquare Capital LLC lifted its stake in Republic Services by 68.5% in the 2nd quarter. NewSquare Capital LLC now owns 123 shares of the business services provider’s stock valued at $30,000 after buying an additional 50 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in Republic Services by 21.1% during the 2nd quarter. First Horizon Advisors Inc. now owns 751 shares of the business services provider’s stock valued at $185,000 after buying an additional 131 shares during the last quarter. 57.73% of the stock is currently owned by hedge funds and other institutional investors.

Republic Services Stock Performance

Republic Services stock opened at $231.33 on Friday. The stock has a fifty day moving average price of $218.08 and a 200 day moving average price of $219.55. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.08. Republic Services, Inc. has a 52 week low of $201.42 and a 52 week high of $258.75. The firm has a market capitalization of $71.43 billion, a P/E ratio of 33.77, a PEG ratio of 3.83 and a beta of 0.54.

Republic Services (NYSE:RSG) last posted its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.62 by $0.14. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The company had revenue of $4.14 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same quarter in the previous year, the business earned $1.58 EPS. The firm’s revenue was up 2.2% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Equities research analysts anticipate that Republic Services, Inc. will post 6.86 earnings per share for the current year.

Republic Services Dividend Announcement

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

Analyst Ratings Changes

RSG has been the subject of a number of analyst reports. Scotiabank cut their price target on Republic Services from $246.00 to $242.00 and set a “sector perform” rating for the company in a report on Wednesday, January 21st. Oppenheimer decreased their price objective on Republic Services from $256.00 to $255.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Republic Services in a research report on Monday, December 29th. Citigroup boosted their target price on shares of Republic Services from $244.00 to $253.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Finally, Bank of America decreased their price target on shares of Republic Services from $271.00 to $241.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $245.70.

Insiders Place Their Bets

In related news, Director Katharine Weymouth purchased 478 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were bought at an average price of $209.46 per share, for a total transaction of $100,121.88. Following the acquisition, the director directly owned 5,740 shares in the company, valued at $1,202,300.40. This trade represents a 9.08% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.11% of the stock is currently owned by corporate insiders.

Republic Services Profile

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.