Concentric Capital Strategies LP Buys 23,496 Shares of Republic Services, Inc. $RSG

Posted by Brian Himes on Jun 18th, 2026

Concentric Capital Strategies LP increased its stake in shares of Republic Services, Inc. (NYSE:RSG – Free Report) by 1,223.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 25,416 shares of the business services provider’s stock after acquiring an additional 23,496 shares during the period. Concentric Capital Strategies LP’s holdings in Republic Services were worth $5,386,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Republic Services by 0.3% during the third quarter. Vanguard Group Inc. now owns 19,107,360 shares of the business services provider’s stock worth $4,384,757,000 after acquiring an additional 49,365 shares in the last quarter. State Street Corp raised its holdings in Republic Services by 1.7% during the fourth quarter. State Street Corp now owns 9,695,747 shares of the business services provider’s stock worth $2,054,820,000 after acquiring an additional 166,474 shares in the last quarter. Capital World Investors raised its holdings in Republic Services by 27.7% during the fourth quarter. Capital World Investors now owns 8,765,623 shares of the business services provider’s stock worth $1,857,698,000 after acquiring an additional 1,899,183 shares in the last quarter. Morgan Stanley raised its holdings in Republic Services by 38.6% during the fourth quarter. Morgan Stanley now owns 5,348,501 shares of the business services provider’s stock worth $1,133,509,000 after acquiring an additional 1,490,719 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Republic Services by 15.2% during the third quarter. JPMorgan Chase & Co. now owns 3,098,273 shares of the business services provider’s stock worth $711,003,000 after acquiring an additional 409,142 shares in the last quarter. Institutional investors own 57.73% of the company’s stock.

Insider Activity at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. bought 366,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $202.24 per share, with a total value of $74,019,840.00. Following the completion of the transaction, the insider owned 110,315,982 shares of the company’s stock, valued at $22,310,304,199.68. This trade represents a 0.33% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 value of $380,304.00. Following the completion of the transaction, the director directly owned 58 shares in the company, valued at $12,254.24. The trade was a 96.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders bought 987,150 shares of company stock worth $202,366,682 in the last ninety days. 0.12% of the stock is owned by company insiders.

Republic Services Price Performance

Shares of NYSE RSG opened at $207.64 on Thursday. The business’s 50 day moving average price is $207.99 and its two-hundred day moving average price is $214.32. The company has a market cap of $63.88 billion, a PE ratio of 29.79, a price-to-earnings-growth ratio of 3.44 and a beta of 0.41. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.11. Republic Services, Inc. has a twelve month low of $196.41 and a twelve month high of $251.17.

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, beating the consensus estimate of $1.64 by $0.06. Republic Services had a return on equity of 18.57% and a net margin of 13.00%.The company had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. On average, analysts predict that Republic Services, Inc. will post 7.28 EPS for the current year.

Republic Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, July 2nd will be given a $0.625 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $2.50 annualized dividend and a dividend yield of 1.2%. Republic Services’s dividend payout ratio is presently 35.87%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on RSG shares. Royal Bank Of Canada upped their target price on Republic Services from $265.00 to $267.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Robert W. Baird lowered their price target on Republic Services from $242.00 to $240.00 and set a “neutral” rating on the stock in a research report on Thursday, April 16th. Weiss Ratings downgraded Republic Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Argus downgraded Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Barclays boosted their price target on Republic Services from $227.00 to $233.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $243.26.

Check Out Our Latest Stock Report on Republic Services

Republic Services 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.