Republic Services, Inc. $RSG Shares Acquired by Chilton Investment Co. Inc.

Chilton Investment Co. Inc. increased its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 4.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,353,587 shares of the business services provider’s stock after acquiring an additional 54,452 shares during the period. Republic Services makes up about 6.3% of Chilton Investment Co. Inc.’s portfolio, making the stock its 4th largest holding. Chilton Investment Co. Inc.’s holdings in Republic Services were worth $310,621,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. L2 Asset Management LLC boosted its position in Republic Services by 5.0% during the second 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 increased 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 raised its stake in shares of Republic Services by 0.7% during the 2nd quarter. Empirical Finance LLC now owns 7,232 shares of the business services provider’s stock worth $1,783,000 after buying an additional 47 shares during the period. ORG Partners LLC lifted its position in shares of Republic Services by 5.8% during the 3rd quarter. ORG Partners LLC now owns 899 shares of the business services provider’s stock valued at $206,000 after buying an additional 49 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. grew its stake in Republic Services by 4.0% in the 3rd quarter. Richards Merrill & Peterson Inc. now owns 1,291 shares of the business services provider’s stock valued at $296,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 57.73% of the company’s stock.

Analyst Upgrades and Downgrades

RSG has been the subject of several recent analyst reports. BMO Capital Markets cut their price target on shares of Republic Services from $251.00 to $248.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Morgan Stanley dropped 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 research report on Wednesday, February 18th. UBS Group boosted their target price on shares of Republic Services from $225.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, March 5th. 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. Finally, Scotiabank lowered their price objective on Republic Services from $246.00 to $242.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 21st. Thirteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Republic Services currently has a consensus rating of “Moderate Buy” and an average price target of $245.70.

Republic Services Price Performance

Republic Services stock opened at $224.50 on Friday. The company has a fifty day simple moving average of $219.38 and a 200-day simple moving average of $219.13. The firm has a market capitalization of $69.32 billion, a price-to-earnings ratio of 32.77, a PEG ratio of 3.70 and a beta of 0.54. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.08. Republic Services, Inc. has a 52-week low of $201.42 and a 52-week high of $258.75.

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

Republic Services Dividend Announcement

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