Republic Services (NYSE:RSG) Major Shareholder Cascade Investment, L.L.C. Purchases 240,000 Shares of Stock

Posted by Francis Steltz on Aug 12th, 2026

Republic Services, Inc. (NYSE:RSG – Get Free Report) major shareholder Cascade Investment, L.L.C. bought 240,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $216.32 per share, with a total value of $51,916,800.00. Following the transaction, the insider directly owned 111,305,646 shares in the company, valued at $24,077,637,342.72. This represents a 0.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Cascade Investment, L.L.C. also recently made the following trade(s):

On Monday, August 10th, Cascade Investment, L.L.C. purchased 261,664 shares of Republic Services stock. The shares were bought at an average price of $214.89 per share, for a total transaction of $56,228,976.96.
On Monday, May 18th, Cascade Investment, L.L.C. acquired 60,700 shares of Republic Services stock. The stock was bought at an average price of $213.31 per share, with a total value of $12,947,917.00.
On Friday, May 15th, Cascade Investment, L.L.C. bought 119,795 shares of Republic Services stock. The shares were purchased at an average cost of $208.93 per share, for a total transaction of $25,028,769.35.
On Thursday, May 14th, Cascade Investment, L.L.C. bought 307,505 shares of Republic Services stock. The stock was purchased at an average price of $207.68 per share, with a total value of $63,862,638.40.

Republic Services Price Performance

NYSE RSG traded down $0.95 on Wednesday, reaching $214.13. 1,311,967 shares of the stock traded hands, compared to its average volume of 1,557,017. Republic Services, Inc. has a 12 month low of $196.41 and a 12 month high of $238.62. The company has a market cap of $65.57 billion, a price-to-earnings ratio of 30.33, a P/E/G ratio of 3.51 and a beta of 0.40. The firm’s fifty day simple moving average is $213.58 and its 200 day simple moving average is $215.01. The company has a quick ratio of 0.67, a current ratio of 0.64 and a debt-to-equity ratio of 1.12.

Republic Services (NYSE:RSG – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.04. Republic Services had a return on equity of 18.69% and a net margin of 12.94%.The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. During the same quarter in the prior year, the firm posted $1.77 earnings per share. The company’s revenue was up 4.6% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. As a group, research analysts predict that Republic Services, Inc. will post 7.28 EPS for the current fiscal year.

Republic Services Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be given a dividend of $0.67 per share. This is a boost from Republic Services’s previous quarterly dividend of $0.62. The ex-dividend date is Friday, October 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.3%. Republic Services’s payout ratio is currently 37.96%.

Institutional Investors Weigh In On Republic Services

Institutional investors have recently bought and sold shares of the business. iA Global Asset Management Inc. boosted its position in shares of Republic Services by 18.5% during the 4th quarter. iA Global Asset Management Inc. now owns 64,200 shares of the business services provider’s stock valued at $13,606,000 after acquiring an additional 10,000 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Republic Services by 23.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,952 shares of the business services provider’s stock worth $6,984,000 after purchasing an additional 6,194 shares in the last quarter. Norges Bank bought a new position in Republic Services during the fourth quarter worth about $617,165,000. Varma Mutual Pension Insurance Co boosted its holdings in Republic Services by 25.6% during the fourth quarter. Varma Mutual Pension Insurance Co now owns 67,178 shares of the business services provider’s stock valued at $14,237,000 after purchasing an additional 13,700 shares in the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in shares of Republic Services by 14.0% in the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 207,272 shares of the business services provider’s stock valued at $43,927,000 after purchasing an additional 25,505 shares during the period. 57.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Royal Bank Of Canada boosted their target price on Republic Services from $265.00 to $267.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Morgan Stanley set a $232.00 price target on Republic Services in a research note on Friday, August 7th. Argus downgraded Republic Services from a “buy” rating to a “hold” rating in a report on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $249.00 target price on shares of Republic Services in a report on Friday, May 8th. Finally, Barclays lifted their target price on shares of 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 equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, Republic Services currently has an average rating of “Moderate Buy” and an average target price of $245.26.

View Our Latest Stock Analysis on Republic Services

About Republic Services

(Get 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.