35,942 Shares in Republic Services, Inc. $RSG Acquired by Entropy Technologies LP

Entropy Technologies LP purchased a new position in Republic Services, Inc. (NYSE:RSG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 35,942 shares of the business services provider’s stock, valued at approximately $8,248,000. Republic Services makes up approximately 0.6% of Entropy Technologies LP’s holdings, making the stock its 28th largest holding.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Financial Consulate Inc. purchased a new position in Republic Services in the third quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC lifted 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 purchasing an additional 67 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of Republic Services in the 3rd quarter worth about $29,000. Foster Dykema Cabot & Partners LLC bought a new stake in Republic Services in the 2nd quarter worth approximately $33,000. Finally, Westside Investment Management Inc. boosted its stake 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 worth $39,000 after buying an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on RSG shares. Oppenheimer decreased their price target on shares of Republic Services from $256.00 to $255.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Citigroup increased their target price on shares of Republic Services from $244.00 to $253.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Morgan Stanley lowered their price target on shares of Republic Services from $230.00 to $225.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Republic Services in a research note on Monday, December 29th. Finally, UBS Group lifted their price objective on Republic Services from $225.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Thirteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $245.70.

Republic Services Stock Performance

Shares of RSG opened at $226.03 on Friday. The company has a 50-day simple moving average of $219.09 and a two-hundred day simple moving average of $219.29. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64. The firm has a market capitalization of $69.80 billion, a PE ratio of 33.00, a price-to-earnings-growth ratio of 3.70 and a beta of 0.54. Republic Services, Inc. has a one year low of $201.42 and a one year high of $258.75.

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

Republic Services Announces Dividend

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

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.