Partners Wealth Management LLC Purchases New Position in Republic Services, Inc. $RSG

Partners Wealth Management LLC purchased a new stake in Republic Services, Inc. (NYSE:RSG) during the third quarter, HoldingsChannel.com reports. The fund purchased 2,480 shares of the business services provider’s stock, valued at approximately $520,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Childress Capital Advisors LLC bought a new position in Republic Services in the 3rd quarter worth $224,000. North Dakota State Investment Board lifted its position in Republic Services by 1.2% during the 3rd 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 bought a new stake in Republic Services during the third quarter valued at about $25,000. Asset Management One Co. Ltd. boosted its holdings in 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 valued at $20,815,000 after acquiring an additional 567 shares during the period. Finally, Investment Advisory Services Inc. TX ADV acquired a new stake in shares of Republic Services in the third quarter valued at about $204,000. 57.73% of the stock is currently owned by institutional investors and hedge funds.

Key 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 Price Performance

Shares of Republic Services stock opened at $243.92 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.64 and a quick ratio of 0.64. Republic Services, Inc. has a fifty-two week low of $196.41 and a fifty-two week high of $249.37. The firm has a fifty day moving average price of $222.47 and a two-hundred day moving average price of $216.81. The company has a market cap of $74.69 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 3.92 and a beta of 0.39.

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

Republic Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Monday, January 4th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, January 4th. This represents a $2.68 dividend on an annualized basis and a yield of 1.1%. Republic Services’s dividend payout ratio (DPR) is 37.07%.

Insiders Place Their Bets

In other news, major shareholder Cascade Investment, L.L.C. purchased 324,810 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were purchased at an average cost of $222.89 per share, for a total transaction of $72,396,900.90. Following the completion of the purchase, the insider directly owned 117,058,444 shares of the company’s stock, valued at approximately $26,091,156,583.16. The trade was a 0.28% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders bought 6,254,462 shares of company stock worth $1,380,321,958 over the last 90 days. 0.12% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on RSG shares. JPMorgan Chase & Co. lifted their price objective on Republic Services from $245.00 to $265.00 and gave the stock a “neutral” rating in a research note on Friday. Royal Bank Of Canada increased their target price on Republic Services from $272.00 to $277.00 and gave the company an “outperform” rating in a research note on Friday. UBS Group increased their target price on Republic Services from $233.00 to $235.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. BMO Capital Markets set a $244.00 target price on Republic Services in a report on Thursday, October 15th. Finally, Sanford C. Bernstein lifted their price target on Republic Services from $220.00 to $227.00 and gave the stock a “market perform” rating in a research report on Monday, August 10th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently 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.