Cascade Investment, L.L.C. Buys 284,600 Shares of Republic Services (NYSE:RSG) Stock

Posted by George Bondi on Aug 30th, 2026

Republic Services, Inc. (NYSE:RSG – Get Free Report) major shareholder Cascade Investment, L.L.C. acquired 284,600 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was bought at an average cost of $219.52 per share, for a total transaction of $62,475,392.00. Following the completion of the purchase, the insider owned 113,935,127 shares of the company’s stock, valued at $25,011,039,079.04. This trade represents a 0.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Cascade Investment, L.L.C. also recently made the following trade(s):

On Wednesday, August 26th, Cascade Investment, L.L.C. purchased 275,500 shares of Republic Services stock. The shares were purchased at an average price of $221.55 per share, with a total value of $61,037,025.00.
On Tuesday, August 25th, Cascade Investment, L.L.C. bought 269,477 shares of Republic Services stock. The stock was purchased at an average price of $221.88 per share, for a total transaction of $59,791,556.76.
On Monday, August 24th, Cascade Investment, L.L.C. purchased 301,639 shares of Republic Services stock. The shares were purchased at an average cost of $222.91 per share, for a total transaction of $67,238,349.49.
On Friday, August 21st, Cascade Investment, L.L.C. acquired 191,361 shares of Republic Services stock. The stock was acquired at an average cost of $220.34 per share, with a total value of $42,164,482.74.
On Thursday, August 20th, Cascade Investment, L.L.C. bought 208,925 shares of Republic Services stock. The shares were acquired at an average price of $220.26 per share, for a total transaction of $46,017,820.50.
On Wednesday, August 19th, Cascade Investment, L.L.C. bought 178,844 shares of Republic Services stock. The stock was acquired at an average price of $222.51 per share, with a total value of $39,794,578.44.
On Tuesday, August 18th, Cascade Investment, L.L.C. acquired 200,125 shares of Republic Services stock. The stock was bought at an average price of $217.90 per share, with a total value of $43,607,237.50.
On Monday, August 17th, Cascade Investment, L.L.C. acquired 206,800 shares of Republic Services stock. The shares were bought at an average price of $214.92 per share, for a total transaction of $44,445,456.00.
On Friday, August 14th, Cascade Investment, L.L.C. purchased 149,250 shares of Republic Services stock. The stock was purchased at an average price of $215.73 per share, for a total transaction of $32,197,702.50.
On Thursday, August 13th, Cascade Investment, L.L.C. bought 188,460 shares of Republic Services stock. The stock was purchased at an average price of $215.81 per share, for a total transaction of $40,671,552.60.

Republic Services Stock Performance

NYSE RSG opened at $222.24 on Friday. The company has a market cap of $68.05 billion, a P/E ratio of 31.48, a PEG ratio of 3.68 and a beta of 0.40. The company has a fifty day simple moving average of $216.42 and a 200 day simple moving average of $215.19. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.12. Republic Services, Inc. has a 12-month low of $196.41 and a 12-month high of $235.18.

Republic Services (NYSE:RSG – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.36 billion. During the same period last year, the firm earned $1.77 earnings per share. 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. 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 disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.2%. This is a boost from Republic Services’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Friday, October 2nd. Republic Services’s dividend payout ratio (DPR) is currently 35.41%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on RSG. UBS Group raised their price objective on Republic Services from $233.00 to $235.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Morgan Stanley set a $232.00 price target on shares of Republic Services 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. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $249.00 target price on shares of Republic Services in a research note on Friday, May 8th. Finally, Argus downgraded Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $245.26.

Check Out Our Latest Report on Republic Services

Trending Headlines about Republic Services

Here are the key news stories impacting Republic Services this week:

Positive Sentiment: Cascade Investment continued its aggressive accumulation of RSG. The major shareholder purchased 284,600 shares on August 27 for approximately $62.5 million and 275,500 shares on August 26 for about $61.0 million. These purchases followed a $59.8 million acquisition on August 25 and a series of additional open-market buys. Recent disclosures indicate Cascade has bought more than 3.5 million shares worth approximately $764 million over six months, a potential signal of long-term confidence in Republic Services. Major Investment Powerhouse Makes Massive New Move Into Republic Services Stock
Positive Sentiment: Analyst sentiment remains constructive. Republic Services carries a consensus “Moderate Buy” rating, with 12 Buy ratings and 10 Holds. The average price target is approximately $245, above recent trading levels, while Citigroup and RBC Capital Markets have set targets of $259 and $267, respectively. Republic Services Receives Consensus Rating of Moderate Buy
Positive Sentiment: The dividend was raised. Republic Services increased its quarterly dividend to $0.67 from $0.62, equivalent to $2.68 annually and a yield of about 1.2%. The increase reinforces the company’s shareholder-return profile.
Neutral Sentiment: Recent coverage also highlighted Republic Services as a participant in the broader circular-economy and recycling investment theme. The company’s latest quarter included revenue growth of 4.6% and an EPS beat, but those results were reported earlier and are likely already reflected in the valuation.
Negative Sentiment: At roughly 31 times earnings and a PEG ratio above 3.5, RSG is priced at a premium. Some institutional investors reduced holdings recently, and UBS maintains a neutral rating, limiting the potential impact of the bullish signals.

Institutional Trading of Republic Services

A number of large investors have recently bought and sold shares of RSG. California State Teachers Retirement System lifted its position in shares of Republic Services by 19,694.6% during the 2nd quarter. California State Teachers Retirement System now owns 49,796,796 shares of the business services provider’s stock valued at $10,610,701,000 after buying an additional 49,545,228 shares during the last quarter. BlackRock Inc. purchased a new stake in Republic Services in the 2nd quarter worth about $3,798,092,000. Bank of America Corp DE bought a new stake in Republic Services in the 2nd quarter valued at about $682,573,000. Norges Bank purchased a new stake in Republic Services during the fourth quarter valued at about $617,165,000. Finally, Capital World Investors boosted its position 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 purchasing an additional 1,899,183 shares during the period. 57.73% of the stock is owned by hedge funds and other institutional investors.

About Republic Services

(Get 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.