Entropy Technologies LP Makes New $8.25 Million Investment in Republic Services, Inc. $RSG

Entropy Technologies LP bought a new stake in shares of Republic Services, Inc. (NYSE:RSG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 35,942 shares of the business services provider’s stock, valued at approximately $8,248,000. Republic Services comprises about 0.6% of Entropy Technologies LP’s investment portfolio, making the stock its 28th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Consulate Inc. purchased a new stake in Republic Services during the third quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Republic Services by 121.8% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 67 shares during the period. Ameriflex Group Inc. purchased a new stake in shares of Republic Services during the 3rd quarter worth approximately $29,000. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Republic Services in the 2nd quarter worth approximately $33,000. Finally, Westside Investment Management Inc. lifted its stake in Republic Services by 100.0% in the third quarter. Westside Investment Management Inc. now owns 172 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 86 shares during the last quarter. 57.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on the company. UBS Group raised their target price on Republic Services from $225.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Sanford C. Bernstein upped their price target on Republic Services from $205.00 to $220.00 and gave the company a “market perform” rating in a research report on Monday, January 5th. BMO Capital Markets decreased their price objective on Republic Services from $251.00 to $248.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. 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 research note on Wednesday, January 21st. Finally, Citigroup increased their target price on shares of Republic Services from $244.00 to $253.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $245.70.

Republic Services Stock Performance

NYSE:RSG opened at $226.03 on Friday. The business’s fifty day moving average is $219.09 and its 200 day moving average is $219.29. The firm has a market cap of $69.80 billion, a price-to-earnings ratio of 33.00, a PEG ratio of 3.70 and a beta of 0.54. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services, Inc. has a 52-week low of $201.42 and a 52-week high of $258.75.

Republic Services (NYSE:RSG) last announced its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 in the prior 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. Research analysts predict that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Announces Dividend

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

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.