Frank Rimerman Advisors LLC Increases Stock Position in Republic Services, Inc. $RSG

Frank Rimerman Advisors LLC grew its holdings in Republic Services, Inc. (NYSE:RSG) by 43.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,956 shares of the business services provider’s stock after purchasing an additional 2,419 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Republic Services were worth $1,686,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of RSG. Financial Consulate Inc. purchased a new stake in Republic Services in the 3rd quarter valued at approximately $25,000. Wealth Watch Advisors INC acquired a new position in shares of Republic Services in the third quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Republic Services by 121.8% in the third 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 in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Republic Services during the third quarter valued at $29,000. Finally, Westside Investment Management Inc. increased its position in Republic Services by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 172 shares of the business services provider’s stock worth $39,000 after purchasing an additional 86 shares in the last quarter. 57.73% of the stock is currently owned by institutional investors and hedge funds.

Republic Services Trading Down 1.1%

NYSE RSG opened at $219.22 on Wednesday. The company has a market cap of $67.73 billion, a P/E ratio of 32.00, a P/E/G ratio of 3.67 and a beta of 0.54. Republic Services, Inc. has a 12 month low of $201.42 and a 12 month 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. The company has a 50-day moving average of $221.46 and a 200-day moving average of $218.02.

Republic Services (NYSE:RSG) last released its earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The business had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.21 billion. During the same period last year, the company earned $1.58 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, equities analysts predict that Republic Services, Inc. will post 6.86 earnings per share for the current year.

Republic Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be issued 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%.

Analyst Ratings Changes

A number of research firms have issued reports on RSG. Oppenheimer reduced their target price on shares of Republic Services from $256.00 to $255.00 and set an “outperform” rating on the stock in a report on Friday, January 23rd. Wolfe Research started coverage on shares of Republic Services in a research report on Friday, March 13th. They issued a “peer perform” rating for the company. BMO Capital Markets reduced their price objective on shares of Republic Services from $251.00 to $248.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Bank of America decreased their target price on shares of Republic Services from $271.00 to $241.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. Finally, Sanford C. Bernstein boosted their price target on Republic Services from $205.00 to $220.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Thirteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.