Republic Services (NYSE:RSG) Major Shareholder Buys $66,803,940.00 in Stock

Posted by George Bondi on Sep 4th, 2026

Republic Services, Inc. (NYSE:RSG – Get Free Report) major shareholder Cascade Investment, L.L.C. purchased 301,000 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were acquired at an average cost of $221.94 per share, for a total transaction of $66,803,940.00. Following the completion of the purchase, the insider directly owned 114,487,527 shares of the company’s stock, valued at approximately $25,409,361,742.38. This represents a 0.26% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% 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, September 2nd, Cascade Investment, L.L.C. bought 329,200 shares of Republic Services stock. The shares were acquired at an average cost of $223.27 per share, for a total transaction of $73,500,484.00.
On Tuesday, September 1st, Cascade Investment, L.L.C. bought 204,800 shares of Republic Services stock. The stock was acquired at an average price of $222.68 per share, for a total transaction of $45,604,864.00.
On Friday, August 28th, Cascade Investment, L.L.C. purchased 251,400 shares of Republic Services stock. The shares were acquired at an average price of $221.03 per share, with a total value of $55,566,942.00.
On Thursday, August 27th, Cascade Investment, L.L.C. acquired 284,600 shares of Republic Services stock. The stock was bought at an average price of $219.52 per share, for a total transaction of $62,475,392.00.
On Wednesday, August 26th, Cascade Investment, L.L.C. bought 275,500 shares of Republic Services stock. The stock was bought at an average cost of $221.55 per share, with a total value of $61,037,025.00.
On Tuesday, August 25th, Cascade Investment, L.L.C. purchased 269,477 shares of Republic Services stock. The shares were bought 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 stock was bought 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 shares were bought 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 stock was purchased 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 purchased at an average cost of $222.51 per share, for a total transaction of $39,794,578.44.

Republic Services Trading Up 1.3%

Shares of RSG opened at $225.33 on Friday. The stock has a market capitalization of $69.00 billion, a P/E ratio of 31.92, a PEG ratio of 3.69 and a beta of 0.40. Republic Services, Inc. has a twelve month low of $196.41 and a twelve month high of $235.18. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.12. The firm has a fifty day simple moving average of $217.46 and a two-hundred day simple moving average of $215.13.

Republic Services (NYSE:RSG – Get Free Report) last posted its earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share for the quarter, topping 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 company had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.36 billion. During the same period in the prior year, the business posted $1.77 earnings per share. Republic Services’s revenue for the quarter was up 4.6% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. On average, research analysts anticipate that Republic Services, Inc. will post 7.27 EPS for the current year.

Republic Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Friday, October 2nd will be given a $0.67 dividend. The ex-dividend date is Friday, October 2nd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from Republic Services’s previous quarterly dividend of $0.62. Republic Services’s dividend payout ratio is 35.41%.

Wall Street Analyst Weigh In

RSG has been the topic of several recent analyst reports. UBS Group lifted their price target 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. Citigroup raised their target price on shares of Republic Services from $247.00 to $259.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $249.00 target price on shares of Republic Services in a research note on Friday, May 8th. Weiss Ratings raised shares of Republic Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Finally, Argus cut Republic Services from a “buy” rating to a “hold” rating in a research report on Monday, May 11th. Twelve research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Republic Services presently has an average rating of “Moderate Buy” and a consensus target price of $245.26.

Check Out Our Latest Report on RSG

Trending Headlines about Republic Services

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

Positive Sentiment: Cascade continues aggressive buying: Cascade Investment purchased 204,800 RSG shares on September 1 for approximately $45.6 million and another 329,200 shares on September 2 for about $73.5 million. The transactions increased its holdings to roughly 115 million shares, worth more than $25 billion. SEC-disclosed Cascade Investment purchases
Positive Sentiment: Strong pattern of insider accumulation: Recent reports indicate Cascade has bought approximately 4.67 million Republic Services shares for an estimated $1.01 billion over the past six months, with no reported sales. Investors may view the sustained buying—and Cascade’s reported ownership of about 36.7%—as a significant vote of confidence in RSG’s defensive business model, recurring revenue and dividend record. Cascade Investment stake increase
Positive Sentiment: Dividend increase supports the investment case: Republic Services raised its quarterly dividend to $0.67 per share from $0.62, equivalent to $2.68 annually and a yield of approximately 1.2%. The payout ratio remains moderate at about 35%, leaving room to support future increases. Republic Services insider buying and dividend report
Positive Sentiment: Operating momentum remains intact: Republic Services recently exceeded quarterly EPS and revenue expectations, with revenue up 4.6% year over year. Management’s fiscal 2026 EPS guidance of $7.23–$7.28 and analysts’ consensus target near $245 suggest continued earnings growth potential, although the stock’s valuation remains elevated.
Neutral Sentiment: Valuation and mixed institutional activity warrant monitoring: RSG trades at roughly 32 times earnings, while some large institutions reduced their holdings even as others added shares. This could limit upside if growth or margin expansion fails to meet expectations.

Institutional Trading of Republic Services

A number of hedge funds have recently made changes to their positions in the stock. Korea Investment CORP purchased a new stake in Republic Services during the 2nd quarter valued at about $20,602,000. Bridgewater Advisors Inc. purchased a new stake in shares of Republic Services during the second quarter valued at approximately $535,000. Equitable Holdings Inc. purchased a new position in Republic Services in the 2nd quarter worth approximately $1,381,000. iA Global Asset Management Inc. boosted its stake in Republic Services by 18.5% during the 4th quarter. iA Global Asset Management Inc. now owns 64,200 shares of the business services provider’s stock valued at $13,606,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Republic Services in the second quarter worth $16,335,000. 57.73% of the stock is owned by 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.