115,141 Shares in Republic Services, Inc. $RSG Acquired by Nykredit A S

Nykredit A S purchased a new stake in shares of Republic Services, Inc. (NYSE:RSG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 115,141 shares of the business services provider’s stock, valued at approximately $24,534,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RSG. BlackRock Inc. bought a new stake in Republic Services during the 2nd quarter worth approximately $3,798,092,000. Bank of America Corp DE purchased a new position in shares of Republic Services in the second quarter valued at about $682,573,000. Norges Bank bought a new stake in Republic Services during the 4th quarter valued at approximately $617,165,000. Capital World Investors boosted its stake in Republic Services by 27.7% in the 4th quarter. Capital World Investors now owns 8,765,623 shares of the business services provider’s stock worth $1,857,698,000 after purchasing an additional 1,899,183 shares during the period. Finally, Morgan Stanley increased its holdings in Republic Services by 38.6% in the 4th quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock valued at $1,133,509,000 after acquiring an additional 1,490,719 shares during the last quarter. 57.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on RSG shares. Royal Bank Of Canada raised their price target on Republic Services from $265.00 to $267.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Argus lowered shares of Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $249.00 target price on shares of Republic Services in a research report on Friday, May 8th. Weiss Ratings raised Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Finally, Citigroup lifted their price objective on shares of Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Twelve investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Republic Services presently has an average rating of “Moderate Buy” and a consensus price target of $245.26.

Republic Services Stock Up 1.3%

Shares of NYSE RSG opened at $225.33 on Friday. The stock has a 50 day moving average price of $217.46 and a 200 day moving average price of $215.13. The firm has a market capitalization of $69.00 billion, a price-to-earnings ratio of 31.92, a PEG 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 $235.18. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.64 and a current ratio of 0.64.

Republic Services (NYSE:RSG) last issued its earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.04. Republic Services had a return on equity of 18.69% and a net margin of 12.94%.The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. During the same period in the previous year, the company posted $1.77 EPS. Republic Services’s revenue was up 4.6% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Sell-side analysts expect that Republic Services, Inc. will post 7.27 earnings per share for the current year.

Republic Services Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be issued a $0.67 dividend. The ex-dividend date is Friday, October 2nd. This represents a $2.68 annualized dividend and a dividend yield of 1.2%. This is an increase from Republic Services’s previous quarterly dividend of $0.62. Republic Services’s dividend payout ratio (DPR) is presently 35.41%.

Insider Activity

In other Republic Services news, major shareholder Cascade Investment, L.L.C. acquired 329,200 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were bought at an average cost of $223.27 per share, with a total value of $73,500,484.00. Following the completion of the acquisition, the insider directly owned 115,021,527 shares in the company, valued at $25,680,856,333.29. This represents a 0.29% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have purchased 4,217,545 shares of company stock worth $926,720,260 in the last 90 days. 0.12% of the stock is currently owned by company insiders.

More Republic Services News

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

• Positive Sentiment: Cascade continues aggressive buying: Cascade Investment purchased 204,800 RSG shares on September 1 for approximately $45.6 million and another 329,200 shares on September 2 for about $73.5 million. The transactions increased its holdings to roughly 115 million shares, worth more than $25 billion. SEC-disclosed Cascade Investment purchases
• Positive Sentiment: Strong pattern of insider accumulation: Recent reports indicate Cascade has bought approximately 4.67 million Republic Services shares for an estimated $1.01 billion over the past six months, with no reported sales. Investors may view the sustained buying—and Cascade’s reported ownership of about 36.7%—as a significant vote of confidence in RSG’s defensive business model, recurring revenue and dividend record. Cascade Investment stake increase
• Positive Sentiment: Dividend increase supports the investment case: Republic Services raised its quarterly dividend to $0.67 per share from $0.62, equivalent to $2.68 annually and a yield of approximately 1.2%. The payout ratio remains moderate at about 35%, leaving room to support future increases. Republic Services insider buying and dividend report
• Positive Sentiment: Operating momentum remains intact: Republic Services recently exceeded quarterly EPS and revenue expectations, with revenue up 4.6% year over year. Management’s fiscal 2026 EPS guidance of $7.23–$7.28 and analysts’ consensus target near $245 suggest continued earnings growth potential, although the stock’s valuation remains elevated.
• Neutral Sentiment: Valuation and mixed institutional activity warrant monitoring: RSG trades at roughly 32 times earnings, while some large institutions reduced their holdings even as others added shares. This could limit upside if growth or margin expansion fails to meet expectations.

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.