2,599 Shares in Republic Services, Inc. $RSG Bought by Comprehensive Financial Planning Inc. PA

Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Republic Services, Inc. (NYSE:RSG) in the second quarter, HoldingsChannel.com reports. The firm acquired 2,599 shares of the business services provider’s stock, valued at approximately $554,000.

Several other institutional investors and hedge funds have also bought and sold shares of RSG. Laurel Wealth Advisors LLC bought a new stake in shares of Republic Services during the 4th quarter valued at about $25,000. Bell Investment Advisors Inc bought a new position in shares of Republic Services in the 2nd quarter worth approximately $25,000. Wealth Watch Advisors INC purchased a new position in shares of Republic Services in the third quarter worth approximately $26,000. Prosperity Bancshares Inc bought a new stake in Republic Services during the fourth quarter valued at approximately $30,000. Finally, Hilton Head Capital Partners LLC bought a new stake in Republic Services during the fourth quarter valued at approximately $32,000. 57.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. UBS Group increased their price target on shares of Republic Services from $233.00 to $235.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Argus downgraded shares of Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $249.00 target price on shares of Republic Services in a report on Friday, May 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Republic Services in a research report on Friday, July 24th. Finally, Barclays upped their price target 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. Eleven investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Republic Services has an average rating of “Moderate Buy” and a consensus price target of $245.26.

Republic Services Price Performance

Shares of NYSE:RSG opened at $217.17 on Wednesday. The company has a market capitalization of $66.50 billion, a P/E ratio of 30.76, a P/E/G ratio of 3.51 and a beta of 0.40. Republic Services, Inc. has a 1-year low of $196.41 and a 1-year high of $238.62. The firm’s 50 day simple moving average is $214.36 and its two-hundred day simple moving average is $214.94. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.64 and a quick ratio of 0.64.

Republic Services (NYSE:RSG) last announced its quarterly earnings data 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. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The firm had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.36 billion. During the same period in the prior year, the company posted $1.77 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Research analysts expect that Republic Services, Inc. will post 7.27 EPS for the current fiscal year.

Republic Services Increases Dividend

The firm 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 boost from Republic Services’s previous quarterly dividend of $0.62. 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. Republic Services’s payout ratio is 35.41%.

Insider Transactions at Republic Services

In other Republic Services news, major shareholder Cascade Investment, L.L.C. bought 206,800 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was purchased at an average price of $214.92 per share, for a total transaction of $44,445,456.00. Following the completion of the transaction, the insider owned 112,024,656 shares of the company’s stock, valued at $24,076,339,067.52. This trade represents a 0.18% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sandra M. Volpe sold 1,800 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 58 shares in the company, valued at approximately $12,254.24. This represents a 96.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have acquired 1,220,674 shares of company stock worth $263,117,588. Insiders own 0.12% of the company’s stock.

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.