Republic Services (NYSE:RSG) Major Shareholder Cascade Investment, L.L.C. Purchases 311,304 Shares of Stock

Posted by Mark Dietrich on Sep 11th, 2026

Republic Services, Inc. (NYSE:RSG – Get Free Report) major shareholder Cascade Investment, L.L.C. bought 311,304 shares of Republic Services stock in a transaction dated Wednesday, September 9th. The stock was acquired at an average cost of $221.31 per share, for a total transaction of $68,894,688.24. Following the completion of the acquisition, the insider directly owned 116,477,634 shares in the company, valued at $25,777,665,180.54. This represents a 0.27% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Cascade Investment, L.L.C. also recently made the following trade(s):

On Tuesday, September 8th, Cascade Investment, L.L.C. purchased 409,500 shares of Republic Services stock. The shares were acquired at an average cost of $221.49 per share, with a total value of $90,700,155.00.
On Friday, September 4th, Cascade Investment, L.L.C. acquired 365,039 shares of Republic Services stock. The stock was acquired at an average cost of $223.16 per share, for a total transaction of $81,462,103.24.
On Thursday, September 3rd, Cascade Investment, L.L.C. bought 370,264 shares of Republic Services stock. The stock was acquired at an average price of $224.81 per share, with a total value of $83,239,049.84.
On Wednesday, September 2nd, Cascade Investment, L.L.C. purchased 329,200 shares of Republic Services stock. The stock was acquired at an average cost of $223.27 per share, with a total value of $73,500,484.00.
On Tuesday, September 1st, Cascade Investment, L.L.C. acquired 204,800 shares of Republic Services stock. The shares were bought at an average cost of $222.68 per share, for a total transaction of $45,604,864.00.
On Monday, August 31st, Cascade Investment, L.L.C. bought 301,000 shares of Republic Services stock. The stock was bought at an average cost of $221.94 per share, with a total value of $66,803,940.00.
On Friday, August 28th, Cascade Investment, L.L.C. bought 251,400 shares of Republic Services stock. The shares were bought at an average price of $221.03 per share, for a total transaction of $55,566,942.00.
On Thursday, August 27th, Cascade Investment, L.L.C. purchased 284,600 shares of Republic Services stock. The stock was bought at an average cost of $219.52 per share, with a total value of $62,475,392.00.
On Wednesday, August 26th, Cascade Investment, L.L.C. acquired 275,500 shares of Republic Services stock. The shares were purchased at an average cost of $221.55 per share, for a total transaction of $61,037,025.00.
On Tuesday, August 25th, Cascade Investment, L.L.C. acquired 269,477 shares of Republic Services stock. The stock was purchased at an average price of $221.88 per share, for a total transaction of $59,791,556.76.

Republic Services Trading Down 0.6%

RSG stock opened at $221.24 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.12. Republic Services, Inc. has a twelve month low of $196.41 and a twelve month high of $233.42. The company has a market cap of $67.74 billion, a P/E ratio of 31.34, a PEG ratio of 3.68 and a beta of 0.40. The business has a fifty day moving average of $218.15 and a 200-day moving average of $215.19.

Republic Services (NYSE:RSG – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.04. The firm had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. Republic Services had a return on equity of 18.69% and a net margin of 12.94%.The company’s revenue was up 4.6% on a year-over-year basis. During the same period last year, the company earned $1.77 earnings per share. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. As a group, equities research analysts expect that Republic Services, Inc. will post 7.27 EPS for the current year.

Republic Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be issued a $0.67 dividend. This is an increase from Republic Services’s previous quarterly dividend of $0.62. This represents a $2.68 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, October 2nd. Republic Services’s dividend payout ratio (DPR) is currently 35.41%.

Hedge Funds Weigh In On Republic Services

Several institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its position in shares of Republic Services by 32.2% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 7,716 shares of the business services provider’s stock valued at $1,644,000 after buying an additional 1,878 shares in the last quarter. Nykredit A S acquired a new position in Republic Services in the second quarter valued at about $24,534,000. Corient Private Wealth LP increased its holdings in shares of Republic Services by 39.0% in the second quarter. Corient Private Wealth LP now owns 153,096 shares of the business services provider’s stock worth $32,622,000 after acquiring an additional 42,943 shares in the last quarter. Schulz Wealth LTD. acquired a new stake in shares of Republic Services during the second quarter worth about $279,000. Finally, Groupe la Francaise lifted its holdings in shares of Republic Services by 17.8% during the 2nd quarter. Groupe la Francaise now owns 71,736 shares of the business services provider’s stock valued at $15,291,000 after purchasing an additional 10,853 shares in the last quarter. Institutional investors and hedge funds own 57.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on RSG shares. Weiss Ratings upgraded shares of Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Morgan Stanley set a $232.00 price objective on Republic Services in a research note on Friday, August 7th. UBS Group upped their price objective on Republic Services from $233.00 to $235.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Citigroup raised their target price on Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Finally, Barclays boosted their target price on Republic Services from $233.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Republic Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.26.

Check Out Our Latest Research Report on RSG

Republic Services Company Profile

(Get Free Report)

Republic Services, Inc is a provider of non-hazardous solid waste collection, transfer, disposal and recycling services. The company serves residential, commercial, industrial and municipal customers, offering scheduled and on-demand waste pickup, roll-off containers, transfer-station services and landfill disposal.

Its recycling and environmental services include the collection and processing of recyclable materials, organics management, waste reduction programs and related sustainability solutions.