TD Waterhouse Canada Inc. Has $2.25 Million Position in Republic Services, Inc. $RSG

TD Waterhouse Canada Inc. reduced its holdings in Republic Services, Inc. (NYSE:RSG) by 28.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,629 shares of the business services provider’s stock after selling 4,163 shares during the period. TD Waterhouse Canada Inc.’s holdings in Republic Services were worth $2,252,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of RSG. Financial Consulate Inc. acquired a new stake in Republic Services in the third quarter worth $25,000. Wealth Watch Advisors INC acquired a new stake in Republic Services in the third quarter worth $26,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in 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 worth $28,000 after purchasing an additional 67 shares during the period. Ameriflex Group Inc. acquired a new stake in Republic Services in the third quarter worth $29,000. Finally, Sound Income Strategies LLC acquired a new stake in Republic Services in the fourth quarter worth $32,000. 57.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on RSG shares. Wolfe Research started coverage on shares of Republic Services in a report on Friday, March 13th. They issued a “peer perform” rating on the stock. Sanford C. Bernstein increased their target price on shares of Republic Services from $205.00 to $220.00 and gave the stock a “market perform” rating in a report on Monday, January 5th. 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 report on Monday, February 23rd. JPMorgan Chase & Co. increased their target price on shares of Republic Services from $233.00 to $245.00 and gave the stock a “neutral” rating in a report on Friday, April 10th. Finally, Robert W. Baird cut their target price on shares of Republic Services from $242.00 to $240.00 and set a “neutral” rating on the stock in a report on Thursday, April 16th. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $245.79.

Republic Services Stock Down 0.2%

Shares of RSG stock opened at $204.98 on Thursday. The firm has a fifty day moving average of $220.19 and a 200-day moving average of $216.67. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.08. Republic Services, Inc. has a 12-month low of $201.42 and a 12-month high of $258.75. The company has a market capitalization of $63.33 billion, a price-to-earnings ratio of 29.92, a P/E/G ratio of 3.41 and a beta of 0.53.

Republic Services (NYSE:RSG) last issued its quarterly earnings data 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 company had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter in the prior year, the firm earned $1.58 earnings per share. The firm’s 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. As a group, equities research analysts predict that Republic Services, Inc. will post 7.22 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd were given a dividend of $0.625 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $2.50 annualized dividend and a dividend yield of 1.2%. Republic Services’s dividend payout ratio is currently 36.79%.

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.