Segall Bryant & Hamill LLC Has $8.71 Million Position in Republic Services, Inc. $RSG

Segall Bryant & Hamill LLC trimmed its position in Republic Services, Inc. (NYSE:RSG) by 24.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,970 shares of the business services provider’s stock after selling 12,164 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Republic Services were worth $8,713,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. L2 Asset Management LLC raised its stake in Republic Services by 5.0% in the 2nd quarter. L2 Asset Management LLC now owns 908 shares of the business services provider’s stock worth $224,000 after purchasing an additional 43 shares in the last quarter. ANB Bank raised its position in shares of Republic Services by 2.8% in the third quarter. ANB Bank now owns 1,691 shares of the business services provider’s stock valued at $388,000 after buying an additional 46 shares in the last quarter. Empirical Finance LLC boosted its stake in shares of Republic Services by 0.7% in the second quarter. Empirical Finance LLC now owns 7,232 shares of the business services provider’s stock valued at $1,783,000 after buying an additional 47 shares during the period. ORG Partners LLC grew its position in Republic Services by 5.8% during the third quarter. ORG Partners LLC now owns 899 shares of the business services provider’s stock worth $206,000 after buying an additional 49 shares in the last quarter. Finally, NewSquare Capital LLC increased its stake in Republic Services by 68.5% during the 2nd quarter. NewSquare Capital LLC now owns 123 shares of the business services provider’s stock worth $30,000 after acquiring an additional 50 shares during the period. Institutional investors own 57.73% of the company’s stock.

Insider Activity at Republic Services

In other news, Director Katharine Weymouth purchased 478 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were acquired at an average cost of $209.46 per share, with a total value of $100,121.88. Following the purchase, the director owned 5,740 shares in the company, valued at $1,202,300.40. This represents a 9.08% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.11% of the stock is currently owned by corporate insiders.

Republic Services Stock Performance

Shares of Republic Services stock opened at $231.54 on Thursday. The company has a market cap of $71.50 billion, a P/E ratio of 33.80, a PEG ratio of 3.84 and a beta of 0.54. Republic Services, Inc. has a 1-year low of $201.42 and a 1-year high of $258.75. The business has a 50-day moving average price of $217.36 and a two-hundred day moving average price of $219.47. 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 (NYSE:RSG) last released its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The company had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.21 billion. During the same quarter in the previous year, the business posted $1.58 EPS. Republic Services’s revenue for the quarter was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, analysts anticipate that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Barclays set a $227.00 target price on Republic Services in a report on Monday, February 23rd. Morgan Stanley decreased their target price on shares of Republic Services from $230.00 to $225.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 18th. Wells Fargo & Company began coverage on shares of Republic Services in a report on Thursday, November 13th. They set an “overweight” rating and a $238.00 price target for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Republic Services in a research note on Monday, December 29th. Finally, UBS Group set a $220.00 target price on Republic Services in a research note on Monday, January 5th. 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, Republic Services presently has a consensus rating of “Moderate Buy” and an average target price of $244.70.

About Republic Services

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.