Janus Henderson Group PLC Decreases Stock Position in Republic Services, Inc. $RSG

Janus Henderson Group PLC trimmed its position in shares of Republic Services, Inc. (NYSE:RSG) by 16.9% in the 1st quarter, Holdings Channel reports. The firm owned 22,278 shares of the business services provider’s stock after selling 4,541 shares during the period. Janus Henderson Group PLC’s holdings in Republic Services were worth $4,881,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of Republic Services by 75.8% in the fourth quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock worth $3,988,000 after buying an additional 8,547 shares in the last quarter. Federated Hermes Inc. raised its holdings in Republic Services by 23.2% in the 2nd quarter. Federated Hermes Inc. now owns 17,553 shares of the business services provider’s stock valued at $4,329,000 after acquiring an additional 3,303 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Republic Services by 3.6% in the 2nd quarter. NewEdge Advisors LLC now owns 29,690 shares of the business services provider’s stock worth $7,322,000 after purchasing an additional 1,044 shares in the last quarter. Treasurer of the State of North Carolina grew its position in shares of Republic Services by 0.7% in the second quarter. Treasurer of the State of North Carolina now owns 94,626 shares of the business services provider’s stock valued at $23,336,000 after purchasing an additional 688 shares in the last quarter. Finally, Ieq Capital LLC lifted its position in Republic Services by 68.4% during the second quarter. Ieq Capital LLC now owns 11,643 shares of the business services provider’s stock worth $2,871,000 after buying an additional 4,729 shares in the last quarter. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Insider Transactions at Republic Services

In related news, Director Sandra M. Volpe sold 1,800 shares of Republic Services stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $211.28, for a total value of $380,304.00. Following the completion of the transaction, the director owned 58 shares in the company, valued at $12,254.24. The trade was a 96.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. acquired 60,700 shares of the company’s stock in a transaction on Monday, May 18th. The stock was purchased at an average cost of $213.31 per share, for a total transaction of $12,947,917.00. Following the completion of the transaction, the insider owned 110,803,982 shares in the company, valued at approximately $23,635,597,400.42. The trade was a 0.05% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 987,150 shares of company stock worth $202,366,682 in the last ninety days. 0.12% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

RSG has been the subject of a number of analyst reports. Citigroup upped their price objective on shares of Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a report on Friday, July 10th. Robert W. Baird cut their price target on shares of Republic Services from $242.00 to $240.00 and set a “neutral” rating for the company in a report on Thursday, April 16th. UBS Group lowered their price objective on Republic Services from $240.00 to $223.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Royal Bank Of Canada lifted their target price on Republic Services from $265.00 to $267.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Finally, Barclays boosted their price objective on shares of Republic Services from $227.00 to $233.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Eleven investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $243.89.

Republic Services Trading Up 1.1%

NYSE RSG opened at $209.35 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market cap of $64.41 billion, a price-to-earnings ratio of 30.04, a PEG ratio of 3.46 and a beta of 0.40. The firm has a 50 day simple moving average of $212.75 and a 200-day simple moving average of $214.95. Republic Services, Inc. has a one year low of $196.41 and a one year high of $238.62.

Republic Services (NYSE:RSG) last released its earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.04. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.36 billion. Republic Services had a net margin of 13.00% and a return on equity of 18.57%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Equities research analysts anticipate that Republic Services, Inc. will post 7.29 EPS for the current fiscal year.

Republic Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be issued a dividend of $0.67 per share. This is a positive change from Republic Services’s previous quarterly dividend of $0.62. The ex-dividend date is Friday, October 2nd. This represents a $2.68 annualized dividend and a yield of 1.3%. Republic Services’s dividend payout ratio (DPR) is currently 35.87%.

Key Stories Impacting Republic Services

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

• Positive Sentiment: Quarterly earnings and revenue exceeded estimates. Republic Services reported adjusted EPS of $1.85, compared with the $1.81 consensus estimate, while revenue rose 4.6% year over year to $4.43 billion, above the $4.36 billion forecast. EPS also increased from $1.77 in the prior-year quarter. Republic Services Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its 2026 financial guidance. The company now expects full-year revenue of approximately $17.2 billion to $17.3 billion and adjusted EPS of $7.23 to $7.28, reflecting increased expectations versus its prior outlook. Republic Services Raises 2026 Guidance and Dividend Payout
• Positive Sentiment: Capital returns and cash generation were supportive. Republic Services increased its quarterly dividend by approximately 7% and reported $2.38 billion in year-to-date operating cash flow and $1.58 billion in adjusted free cash flow. The company also invested about $860 million in acquisitions during the first half of 2026, potentially strengthening future growth. Republic Services Reports Second Quarter 2026 Results
• Neutral Sentiment: Net income increased to $566 million, or $1.84 per diluted share, from $550 million, or $1.75 per share, a year earlier. The results indicate steady profitability, with a reported net margin of 13.0% and return on equity of 18.57%. Republic Services Q2 Earnings Snapshot
• Negative Sentiment: The new full-year adjusted EPS range of $7.23 to $7.28 is fractionally below the $7.29 analyst consensus, which could limit further upside if investors view the guidance increase as less aggressive than expected. Revenue guidance is broadly in line with estimates. Republic Services Q2 Earnings Compared With Estimates

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.