Republic Services, Inc. $RSG Stock Holdings Cut by HB Wealth Management LLC

Posted by Brian Himes on Sep 8th, 2026

HB Wealth Management LLC lessened its position in Republic Services, Inc. (NYSE:RSG – Free Report) by 23.5% during the second quarter, Holdings Channel reports. The institutional investor owned 22,994 shares of the business services provider’s stock after selling 7,054 shares during the quarter. HB Wealth Management LLC’s holdings in Republic Services were worth $4,900,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of Republic Services by 75.8% during the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock valued at $3,988,000 after purchasing an additional 8,547 shares in the last quarter. Federated Hermes Inc. raised its holdings in shares of Republic Services by 23.2% in the 2nd quarter. Federated Hermes Inc. now owns 17,553 shares of the business services provider’s stock worth $4,329,000 after purchasing an additional 3,303 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Republic Services by 3.6% during the second quarter. NewEdge Advisors LLC now owns 29,690 shares of the business services provider’s stock valued at $7,322,000 after purchasing an additional 1,044 shares during the last quarter. Treasurer of the State of North Carolina boosted its holdings in Republic Services by 0.7% during the second quarter. Treasurer of the State of North Carolina now owns 94,626 shares of the business services provider’s stock worth $23,336,000 after buying an additional 688 shares in the last quarter. Finally, Ieq Capital LLC grew its position in Republic Services by 68.4% in the second quarter. Ieq Capital LLC now owns 11,643 shares of the business services provider’s stock worth $2,871,000 after buying an additional 4,729 shares during the last quarter. Institutional investors own 57.73% of the company’s stock.

Republic Services Stock Performance

Shares of RSG stock opened at $222.58 on Tuesday. The company has a market capitalization of $68.16 billion, a price-to-earnings ratio of 31.53, a P/E/G ratio of 3.69 and a beta of 0.40. Republic Services, Inc. has a 1-year low of $196.41 and a 1-year high of $233.77. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. The stock’s fifty day simple moving average is $217.74 and its 200-day simple moving average is $215.14.

Republic Services (NYSE:RSG – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.04. Republic Services had a return on equity of 18.69% and a net margin of 12.94%.The firm had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. During the same period last year, the company posted $1.77 EPS. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. On average, sell-side analysts predict that Republic Services, Inc. will post 7.27 earnings per share 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 issued a dividend of $0.67 per share. This is an increase from Republic Services’s previous quarterly dividend of $0.62. This represents a $2.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, October 2nd. Republic Services’s dividend payout ratio is 35.41%.

Insiders Place Their Bets

In related news, major shareholder Cascade Investment, L.L.C. bought 329,200 shares of the business’s stock in a transaction on Wednesday, September 2nd. The stock was bought at an average price of $223.27 per share, for a total transaction of $73,500,484.00. Following the transaction, the insider directly owned 115,021,527 shares in the company, valued at $25,680,856,333.29. This represents a 0.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders have purchased 4,217,545 shares of company stock valued at $926,720,260. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

RSG has been the topic of several research reports. Argus cut Republic Services from a “buy” rating to a “hold” rating in a report on Monday, May 11th. Barclays lifted their target price on Republic Services from $233.00 to $240.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Weiss Ratings raised Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. UBS Group increased their price target on Republic Services from $233.00 to $235.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Finally, Citigroup boosted their price objective on Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Twelve analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $245.26.

Get Our Latest Report on RSG

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.