Republic Services, Inc. $RSG Shares Newly Bought by Partners Wealth Management LLC

Partners Wealth Management LLC purchased a new position in Republic Services, Inc. (NYSE:RSG) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,480 shares of the business services provider’s stock, valued at approximately $520,000.

Other institutional investors have also made changes to their positions in the company. Childress Capital Advisors LLC purchased a new position in shares of Republic Services during the 3rd quarter valued at $224,000. North Dakota State Investment Board increased its stake in shares of Republic Services by 1.2% in the third quarter. North Dakota State Investment Board now owns 6,095 shares of the business services provider’s stock worth $1,279,000 after acquiring an additional 71 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of Republic Services during the third quarter worth $25,000. Asset Management One Co. Ltd. raised its holdings in shares of Republic Services by 0.6% during the third quarter. Asset Management One Co. Ltd. now owns 99,181 shares of the business services provider’s stock worth $20,815,000 after acquiring an additional 567 shares in the last quarter. Finally, Investment Advisory Services Inc. TX ADV acquired a new stake in Republic Services during the third quarter valued at $204,000. 57.73% of the stock is currently owned by institutional investors and hedge funds.

More Republic Services News

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

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $1.94 versus the $1.93 consensus, while revenue climbed 8.2% year over year to $4.559 billion, ahead of the roughly $4.42 billion estimate. Net income rose to $592 million, or $1.93 per diluted share, from $550 million a year earlier. Pricing strength and growth in Environmental Solutions supported the performance. Republic Services Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year outlook was raised: Republic Services increased its 2026 revenue guidance to approximately $17.425 billion–$17.475 billion, above the prior outlook and analyst expectations. The company also raised adjusted EBITDA and adjusted free-cash-flow expectations, signaling continued confidence in operating trends and cash generation. Republic Services 2026 Revenue Outlook
• Positive Sentiment: Large buyback adds a shareholder-return catalyst: The board authorized $5 billion in share repurchases running from January 2027 through December 2029. The authorization could support per-share earnings and provide additional demand for the stock. Republic Services Announces Share Buyback
• Positive Sentiment: Analyst support improved: Royal Bank of Canada raised its price target from $272 to $277 and maintained an “outperform” rating, implying further upside based on the reported share price. RBC Raises Republic Services Price Target
• Neutral Sentiment: Republic Services declared a quarterly dividend of $0.67 per share, maintaining an annualized payout of $2.68.
• Neutral Sentiment: The stock’s valuation remains a consideration, with a reported price-to-earnings ratio above 34 and analyst targets ranging widely, indicating that much of the strong outlook may already be reflected in the shares.

Republic Services Stock Up 3.2%

RSG stock opened at $243.92 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. Republic Services, Inc. has a 1 year low of $196.41 and a 1 year high of $249.37. The company has a fifty day simple moving average of $222.47 and a 200 day simple moving average of $216.81. The firm has a market cap of $74.69 billion, a PE ratio of 33.74, a PEG ratio of 3.92 and a beta of 0.39.

Republic Services (NYSE:RSG) last issued its quarterly earnings data on Thursday, October 29th. The business services provider reported $1.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.93 by $0.01. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.42 billion. Republic Services had a net margin of 12.93% and a return on equity of 18.65%. Republic Services’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.90 earnings per share. Sell-side analysts anticipate that Republic Services, Inc. will post 7.26 EPS for the current fiscal year.

Republic Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Monday, January 4th will be given a $0.67 dividend. The ex-dividend date of this dividend is Monday, January 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.1%. Republic Services’s payout ratio is currently 37.07%.

Insider Activity

In related news, major shareholder Cascade Investment, L.L.C. purchased 324,810 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was bought at an average price of $222.89 per share, for a total transaction of $72,396,900.90. Following the purchase, the insider owned 117,058,444 shares in the company, valued at $26,091,156,583.16. The trade was a 0.28% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last ninety days, insiders bought 6,254,462 shares of company stock worth $1,380,321,958. Corporate insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on RSG. Barclays boosted their target price on Republic Services from $233.00 to $240.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft cut their price target on Republic Services from $270.00 to $258.00 in a research note on Friday, October 9th. Citigroup lifted their price target on Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a report on Friday, July 10th. JPMorgan Chase & Co. boosted their price target on Republic Services from $245.00 to $265.00 and gave the company a “neutral” rating in a research note on Friday. Finally, UBS Group increased their price objective on Republic Services from $233.00 to $235.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Twelve investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $245.25.

Republic Services Company Profile

Republic Services, Inc is an environmental services company that provides waste collection, recycling and disposal solutions for residential, commercial, industrial and municipal customers. Its services include curbside collection, dumpster and roll-off container services, transfer station operations, landfill management and recycling processing.

The company also provides specialized environmental services, including hazardous waste management, emergency response, remediation and other sustainability-related solutions for businesses and government organizations.