HB Wealth Management LLC Purchases 2,857 Shares of Republic Services, Inc. $RSG

Posted by Brian Himes on Jul 5th, 2026

HB Wealth Management LLC boosted its position in Republic Services, Inc. (NYSE:RSG – Free Report) by 10.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,048 shares of the business services provider’s stock after purchasing an additional 2,857 shares during the quarter. HB Wealth Management LLC’s holdings in Republic Services were worth $6,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in RSG. Laurel Wealth Advisors LLC bought a new position in shares of Republic Services in the fourth quarter worth $25,000. Wealth Watch Advisors INC bought a new stake in Republic Services during the third quarter valued at $26,000. Ameriflex Group Inc. purchased a new position in Republic Services during the third quarter worth about $29,000. Prosperity Bancshares Inc bought a new position in Republic Services in the 4th quarter worth about $30,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of Republic Services in the 4th quarter valued at about $32,000. 57.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RSG has been the subject of a number of research analyst reports. UBS Group dropped their price target on Republic Services from $240.00 to $223.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $249.00 target price on shares of Republic Services in a research note on Friday, May 8th. Citigroup dropped their target price on shares of Republic Services from $253.00 to $247.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. JPMorgan Chase & Co. boosted their price target on shares of Republic Services from $233.00 to $245.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Finally, Wells Fargo & Company increased their price target on shares of Republic Services from $238.00 to $252.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Eleven research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $243.26.

Check Out Our Latest Stock Report on RSG

Insiders Place Their Bets

In other news, Director Sandra M. Volpe sold 1,800 shares of the company’s stock in a transaction 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 sale, the director owned 58 shares of the company’s stock, valued at approximately $12,254.24. This represents a 96.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Cascade Investment, L.L.C. bought 60,700 shares of Republic Services stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average cost of $213.31 per share, for a total transaction of $12,947,917.00. Following the acquisition, the insider owned 110,803,982 shares in the company, valued at $23,635,597,400.42. The trade was a 0.05% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 987,150 shares of company stock valued at $202,366,682 in the last ninety days. 0.12% of the stock is owned by corporate insiders.

Republic Services Price Performance

Shares of Republic Services stock opened at $217.27 on Friday. The firm has a market capitalization of $66.85 billion, a PE ratio of 31.17, a price-to-earnings-growth ratio of 3.58 and a beta of 0.40. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.11. Republic Services, Inc. has a 12 month low of $196.41 and a 12 month high of $246.25. The business’s 50-day moving average price is $208.07 and its 200-day moving average price is $214.23.

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

Republic Services Dividend Announcement

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

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.