Cibc World Market Inc. Invests $1.92 Million in Republic Services, Inc. $RSG

Posted by Brenda Bartman on Aug 27th, 2026

Cibc World Market Inc. acquired a new stake in Republic Services, Inc. (NYSE:RSG – Free Report) in the second quarter, Holdings Channel.com reports. The fund acquired 9,000 shares of the business services provider’s stock, valued at approximately $1,918,000.

Several other hedge funds have also made changes to their positions in RSG. Laurel Wealth Advisors LLC acquired a new stake in shares of Republic Services during the 4th quarter worth approximately $25,000. Bell Investment Advisors Inc acquired a new position in shares of Republic Services in the 2nd quarter valued at $25,000. Wealth Watch Advisors INC acquired a new stake in shares of Republic Services during the 3rd quarter worth about $26,000. Edmond DE Rothschild Holding S.A. acquired a new position in Republic Services in the second quarter valued at about $27,000. Finally, Compass Financial Management LLC acquired a new stake in shares of Republic Services during the second quarter valued at about $27,000. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Insiders Place Their Bets

In other Republic Services news, major shareholder Cascade Investment, L.L.C. bought 269,477 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were acquired at an average cost of $221.88 per share, with a total value of $59,791,556.76. Following the acquisition, the insider directly owned 113,375,027 shares of the company’s stock, valued at $25,155,650,990.76. The trade was a 0.24% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have acquired 2,571,045 shares of company stock valued at $561,731,613 over the last three months. 0.12% of the stock is owned by insiders.

Republic Services Price Performance

Shares of NYSE RSG opened at $221.96 on Thursday. The stock’s 50-day simple moving average is $215.79 and its 200-day simple moving average is $215.15. The firm has a market capitalization of $67.97 billion, a PE ratio of 31.44, a price-to-earnings-growth ratio of 3.66 and a beta of 0.40. Republic Services, Inc. has a fifty-two week low of $196.41 and a fifty-two week high of $235.18. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.64 and a current ratio of 0.64.

Republic Services (NYSE:RSG – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, beating the consensus estimate of $1.81 by $0.04. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.36 billion. During the same period in the prior year, the firm posted $1.77 earnings per share. The firm’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, equities research analysts forecast that Republic Services, Inc. will post 7.27 EPS for the current fiscal year.

Republic Services Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be paid a dividend of $0.67 per share. The ex-dividend date is Friday, October 2nd. This represents a $2.68 annualized dividend and a yield of 1.2%. This is an increase from Republic Services’s previous quarterly dividend of $0.62. Republic Services’s dividend payout ratio (DPR) is 35.41%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $249.00 price objective on shares of Republic Services in a research report on Friday, May 8th. Barclays raised 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. Morgan Stanley set a $232.00 target price on Republic Services in a research note on Friday, August 7th. Royal Bank Of Canada lifted their target price on Republic Services from $265.00 to $267.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Finally, 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. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.26.

View Our Latest Research Report on RSG

Republic Services Company Profile

(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.