SeaCrest Wealth Management LLC Sells 2,488 Shares of Republic Services, Inc. $RSG

Posted by Brenda Bartman on Oct 24th, 2026

SeaCrest Wealth Management LLC lowered its stake in Republic Services, Inc. (NYSE:RSG – Free Report) by 46.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 2,851 shares of the business services provider’s stock after selling 2,488 shares during the period. SeaCrest Wealth Management LLC’s holdings in Republic Services were worth $598,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Root Financial Partners LLC lifted its holdings in shares of Republic Services by 15.9% in the 3rd quarter. Root Financial Partners LLC now owns 1,697 shares of the business services provider’s stock worth $356,000 after acquiring an additional 233 shares during the last quarter. Woodward Diversified Capital LLC purchased a new stake in shares of Republic Services in the 3rd quarter worth approximately $208,000. Flavin Financial Services Inc. boosted its position in Republic Services by 3.9% during the third quarter. Flavin Financial Services Inc. now owns 9,096 shares of the business services provider’s stock valued at $1,909,000 after purchasing an additional 344 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in Republic Services by 15.0% during the third quarter. Axxcess Wealth Management LLC now owns 5,474 shares of the business services provider’s stock valued at $1,149,000 after acquiring an additional 715 shares during the last quarter. Finally, Albion Financial Group UT grew its stake in Republic Services by 48.9% during the 3rd quarter. Albion Financial Group UT now owns 50,632 shares of the business services provider’s stock worth $10,626,000 after buying an additional 16,619 shares during the last quarter. 57.73% of the stock is owned by institutional investors.

Insider Buying and Selling at Republic Services

In other news, major shareholder Cascade Investment, L.L.C. acquired 324,810 shares of the company’s stock in a transaction on Friday, September 11th. The shares were bought at an average cost of $222.89 per share, with a total value of $72,396,900.90. Following the purchase, the insider owned 117,058,444 shares of the company’s stock, valued at $26,091,156,583.16. This represents a 0.28% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders purchased 6,254,462 shares of company stock valued at $1,380,321,958 over the last three months. 0.12% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. The Goldman Sachs Group reduced their price target on shares of Republic Services from $256.00 to $246.00 and set a “buy” rating for the company in a research report on Friday, October 2nd. Raymond James Financial set a $235.00 price target on Republic Services in a research report on Friday, October 9th. UBS Group lifted 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. Sanford C. Bernstein lifted their price objective on shares of Republic Services from $220.00 to $227.00 and gave the company a “market perform” rating in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Republic Services from $270.00 to $258.00 in a research note on Friday, October 9th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Republic Services presently has an average rating of “Moderate Buy” and an average target price of $243.73.

Read Our Latest Research Report on RSG

Republic Services Trading Down 0.7%

Shares of RSG traded down $1.69 during midday trading on Friday, reaching $240.21. The company had a trading volume of 1,881,929 shares, compared to its average volume of 1,211,694. Republic Services, Inc. has a 1-year low of $196.41 and a 1-year high of $243.22. 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 50 day simple moving average of $220.57 and a 200-day simple moving average of $214.54. The stock has a market cap of $73.56 billion, a PE ratio of 34.02, a price-to-earnings-growth ratio of 3.89 and a beta of 0.39.

Republic Services (NYSE:RSG – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.04. The business had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.36 billion. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Research analysts forecast that Republic Services, Inc. will post 7.26 EPS for the current fiscal year.

Republic Services Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Friday, October 2nd were paid a dividend of $0.67 per share. The ex-dividend date was Friday, October 2nd. This represents a $2.68 annualized dividend and a yield of 1.1%. This is an increase from Republic Services’s previous quarterly dividend of $0.6250. Republic Services’s dividend payout ratio (DPR) is 37.96%.

About Republic Services

(Free Report)

Republic Services, Inc is an environmental services company that provides waste collection, recycling and disposal solutions for residential, commercial, industrial and municipal customers. Its services include curbside collection, dumpster and roll-off container services, transfer station operations, landfill management and recycling processing.

The company also provides specialized environmental services, including hazardous waste management, emergency response, remediation and other sustainability-related solutions for businesses and government organizations.