SG Americas Securities LLC Boosts Holdings in Republic Services, Inc. $RSG

SG Americas Securities LLC grew its position in shares of Republic Services, Inc. (NYSE:RSG) by 1,337.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 575,637 shares of the business services provider’s stock after buying an additional 535,603 shares during the quarter. SG Americas Securities LLC’s holdings in Republic Services were worth $121,995,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Consulate Inc. acquired a new position in shares of Republic Services during the third quarter worth about $25,000. Wealth Watch Advisors INC acquired a new stake in Republic Services in the third quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Republic Services by 121.8% in 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 purchasing an additional 67 shares in the last quarter. Ameriflex Group Inc. acquired a new position in Republic Services during the 3rd quarter worth approximately $29,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new position in shares of Republic Services during the 2nd quarter worth approximately $33,000. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Republic Services Stock Performance

NYSE RSG opened at $216.76 on Tuesday. The business has a 50 day moving average price of $220.63 and a 200 day moving average price of $218.52. The company has a market capitalization of $66.93 billion, a P/E ratio of 31.64, a PEG ratio of 3.63 and a beta of 0.54. Republic Services, Inc. has a 1-year low of $201.42 and a 1-year high of $258.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64.

Republic Services (NYSE:RSG) last posted its earnings results on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.14. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same period in the previous year, the business earned $1.58 earnings per share. Republic Services’s quarterly revenue was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Sell-side analysts expect that Republic Services, Inc. will post 6.86 EPS for the current fiscal 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. The ex-dividend date is Thursday, April 2nd. This represents a $2.50 annualized dividend and a dividend yield of 1.2%. Republic Services’s payout ratio is currently 36.50%.

Wall Street Analyst Weigh In

Several analysts have recently commented on RSG shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Republic Services in a report on Monday, December 29th. Scotiabank cut their price objective on Republic Services from $246.00 to $242.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 21st. Citigroup raised their target price on Republic Services from $244.00 to $253.00 and gave the company a “buy” rating in a report on Monday, February 23rd. The Goldman Sachs Group started coverage on shares of Republic Services in a research note on Monday, November 24th. They set a “buy” rating and a $255.00 price target on the stock. Finally, UBS Group increased their price target on shares of Republic Services from $225.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $246.40.

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.