Punch & Associates Investment Management Inc. Takes $8.23 Million Position in Republic Services, Inc. $RSG

Posted by Brian Himes on Aug 27th, 2026

Punch & Associates Investment Management Inc. bought a new position in shares of Republic Services, Inc. (NYSE:RSG – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 38,646 shares of the business services provider’s stock, valued at approximately $8,235,000.

Several other institutional investors have also added to or reduced their stakes in the company. Parallax Volatility Advisers L.P. bought a new position in Republic Services during the 2nd quarter worth $774,000. Ausdal Financial Partners Inc. bought a new stake in shares of Republic Services in the second quarter valued at about $493,000. Bank of America Corp DE acquired a new position in shares of Republic Services in the second quarter valued at about $682,573,000. Wallace Capital Management Inc. bought a new position in Republic Services during the second quarter worth about $16,460,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in Republic Services in the 2nd quarter worth about $9,051,000. 57.73% of the stock is currently owned by institutional investors.

Insider Transactions at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. acquired 301,639 shares of Republic Services stock in a transaction on Monday, August 24th. The stock was purchased at an average price of $222.91 per share, with a total value of $67,238,349.49. Following the completion of the purchase, the insider owned 113,105,550 shares of the company’s stock, valued at approximately $25,212,358,150.50. The trade was a 0.27% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders purchased a total of 2,571,045 shares of company stock valued at $561,731,613 in the last 90 days. 0.12% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Morgan Stanley set a $232.00 price target on Republic Services in a research note on Friday, August 7th. UBS Group raised their target price on shares of Republic Services from $233.00 to $235.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Barclays upped their price objective 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. Weiss Ratings upgraded shares of Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Finally, Citigroup raised their price objective on Republic Services from $247.00 to $259.00 and gave the company a “buy” rating in a report on Friday, July 10th. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.26.

Get Our Latest Stock Report on RSG

Republic Services Stock Up 0.5%

Republic Services stock opened at $221.96 on Thursday. The company has a market capitalization of $67.97 billion, a PE ratio of 31.44, a PEG ratio of 3.66 and a beta of 0.40. Republic Services, Inc. has a 12-month low of $196.41 and a 12-month high of $235.18. The firm’s fifty day moving average is $215.79 and its 200 day moving average is $215.15. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.12.

Republic Services (NYSE:RSG – Get Free Report) last posted its quarterly earnings results 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 net margin of 12.94% and a return on equity of 18.69%. The firm had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.36 billion. During the same period in the previous year, the firm posted $1.77 earnings per share. The business’s 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. As a group, sell-side analysts predict that Republic Services, Inc. will post 7.27 EPS for the current fiscal year.

Republic Services Increases Dividend

The company 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. This is an increase from Republic Services’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 1.2%. Republic Services’s dividend payout ratio (DPR) is currently 35.41%.

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.