CI Investments Inc. Buys 20,635 Shares of Republic Services, Inc. $RSG

Posted by George Bondi on Jul 23rd, 2026

CI Investments Inc. boosted its position in shares of Republic Services, Inc. (NYSE:RSG – Free Report) by 40.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 71,455 shares of the business services provider’s stock after acquiring an additional 20,635 shares during the quarter. CI Investments Inc.’s holdings in Republic Services were worth $15,650,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new stake in shares of Republic Services in the fourth quarter worth about $25,000. Wealth Watch Advisors INC bought a new position in Republic Services during the 3rd quarter valued at approximately $26,000. Prosperity Bancshares Inc purchased a new stake in Republic Services in the 4th quarter worth approximately $30,000. Sound Income Strategies LLC bought a new stake in shares of Republic Services in the 4th quarter worth approximately $32,000. Finally, Hilton Head Capital Partners LLC purchased a new position in shares of Republic Services during the fourth quarter valued at approximately $32,000. Institutional investors own 57.73% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on RSG. UBS Group reduced their price objective on shares of Republic Services from $240.00 to $223.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $249.00 target price on shares of Republic Services in a research note on Friday, May 8th. Argus cut shares of Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Barclays increased their price target on shares of Republic Services from $227.00 to $233.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Finally, Weiss Ratings cut Republic Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $243.89.

View Our Latest Stock Report on RSG

Republic Services Trading Up 0.9%

Republic Services stock opened at $216.46 on Thursday. Republic Services, Inc. has a one year low of $196.41 and a one year high of $246.25. The business’s fifty day moving average is $211.89 and its 200 day moving average is $214.79. The stock has a market capitalization of $66.60 billion, a PE ratio of 31.06, a price-to-earnings-growth ratio of 3.59 and a beta of 0.40. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.67 and a quick ratio of 0.67.

Republic Services (NYSE:RSG – Get Free Report) last posted its earnings results on Friday, May 8th. The business services provider reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.06. The business had revenue of $4.11 billion during the quarter, compared to the consensus estimate of $4.10 billion. Republic Services had a net margin of 13.00% and a return on equity of 18.57%. The firm’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.58 EPS. On average, sell-side analysts predict that Republic Services, Inc. will post 7.28 EPS for the current year.

Republic Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd were paid a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, July 2nd. Republic Services’s payout ratio is currently 35.87%.

Insider Activity at Republic Services

In other Republic Services news, Director Sandra M. Volpe sold 1,800 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $211.28, for a total transaction of $380,304.00. Following the completion of the sale, the director directly owned 58 shares of the company’s stock, valued at approximately $12,254.24. This represents a 96.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Cascade Investment, L.L.C. purchased 366,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average price of $202.24 per share, for a total transaction of $74,019,840.00. Following the completion of the transaction, the insider directly owned 110,315,982 shares of the company’s stock, valued at approximately $22,310,304,199.68. This trade represents a 0.33% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 987,150 shares of company stock worth $202,366,682 in the last quarter. Company insiders own 0.12% of the company’s stock.

About Republic Services

(Free Report)

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.