Republic Services (NYSE:RSG) Price Target Raised to $240.00 at Barclays

Republic Services (NYSE:RSG) had its price objective boosted by Barclays from $233.00 to $240.00 in a report published on Friday morning,Benzinga reports. The firm currently has an equal weight rating on the business services provider’s stock.

Several other research firms have also recently commented on RSG. Weiss Ratings restated a “hold (c+)” rating on shares of Republic Services in a research report on Friday, July 24th. Royal Bank Of Canada boosted their price target on Republic Services from $265.00 to $267.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. increased their price target on Republic Services from $233.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Morgan Stanley set a $232.00 price objective on shares of Republic Services in a research note on Friday. Finally, Citigroup upped their price objective on shares of Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $244.63.

Republic Services Trading Up 2.3%

Shares of NYSE:RSG opened at $214.47 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.11. The company’s 50-day moving average price is $213.04 and its 200 day moving average price is $214.95. The company has a market cap of $65.98 billion, a PE ratio of 30.38, a P/E/G ratio of 3.51 and a beta of 0.40. Republic Services has a fifty-two week low of $196.41 and a fifty-two week high of $238.62.

Republic Services (NYSE:RSG) last posted its earnings results on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.81 by $0.04. The firm had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.36 billion. Republic Services had a net margin of 12.94% and a return on equity of 18.73%. Republic Services’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Sell-side analysts anticipate that Republic Services will post 7.29 earnings per share for the current year.

Republic Services Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 2nd. This is an increase from Republic Services’s previous quarterly dividend of $0.62. Republic Services’s dividend payout ratio is 35.87%.

Insiders Place Their Bets

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

Institutional Trading of Republic Services

A number of hedge funds and other institutional investors have recently made changes to their positions in RSG. BlackRock Inc. acquired a new position in Republic Services in the second quarter worth approximately $3,798,092,000. State Street Corp lifted its position in shares of Republic Services by 1.7% during the 4th quarter. State Street Corp now owns 9,695,747 shares of the business services provider’s stock valued at $2,054,820,000 after acquiring an additional 166,474 shares during the last quarter. Capital World Investors boosted its stake in shares of Republic Services by 27.7% during 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 acquiring an additional 1,899,183 shares in the last quarter. Morgan Stanley boosted its stake in shares of Republic Services by 38.6% during the 4th quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock worth $1,133,509,000 after acquiring an additional 1,490,719 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Republic Services by 18.9% in the 4th quarter. Wellington Management Group LLP now owns 5,070,130 shares of the business services provider’s stock worth $1,074,513,000 after acquiring an additional 807,525 shares during the last quarter. 57.73% of the stock is currently owned by institutional investors.

Key Republic Services News

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

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Adjusted EPS was $1.85, above the $1.81 consensus and up from $1.77 a year earlier. Revenue rose 4.6% year over year to $4.43 billion, surpassing estimates of $4.36 billion. Republic Services Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Republic raised its 2026 outlook. The company increased full-year revenue guidance to approximately $17.2 billion-$17.3 billion and projected adjusted EPS of $7.23-$7.28. It also raised EBITDA and cash-flow expectations, indicating continued operating momentum. Republic Services Raises Full-Year Guidance
• Positive Sentiment: The quarterly dividend increased approximately 7.2% to $0.67 per share. The payout boost reinforces the company’s shareholder-return appeal and confidence in its recurring cash flows. Republic Services Raises Dividend
• Positive Sentiment: Republic generated $2.38 billion in year-to-date operating cash flow, $1.58 billion in adjusted free cash flow and invested about $860 million in acquisitions during the first half of 2026. Republic Services Second-Quarter 2026 Results
• Neutral Sentiment: Barclays raised its price target from $233 to $240 but maintained an “equal weight” rating, signaling additional valuation upside while remaining cautious on the stock relative to peers. Barclays Price Target Update
• Negative Sentiment: Pricing gains came alongside volume pressure, and the new EPS range is slightly below the $7.29 analyst consensus, which could limit further upside if growth in underlying volumes remains weak.

Republic Services Company 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.