Cornerstone Advisors LLC Sells 2,700 Shares of Republic Services, Inc. $RSG

Cornerstone Advisors LLC lessened its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 42.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,600 shares of the business services provider’s stock after selling 2,700 shares during the quarter. Cornerstone Advisors LLC’s holdings in Republic Services were worth $826,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in RSG. Vanguard Group Inc. lifted its position in shares of Republic Services by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 19,107,360 shares of the business services provider’s stock worth $4,384,757,000 after purchasing an additional 49,365 shares during the period. Geode Capital Management LLC lifted its holdings in Republic Services by 3.1% in the second quarter. Geode Capital Management LLC now owns 4,821,387 shares of the business services provider’s stock worth $1,187,328,000 after buying an additional 144,003 shares during the period. JPMorgan Chase & Co. boosted its position in Republic Services by 15.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,098,273 shares of the business services provider’s stock valued at $711,003,000 after acquiring an additional 409,142 shares in the last quarter. Norges Bank bought a new position in shares of Republic Services in the 2nd quarter worth approximately $690,313,000. Finally, Franklin Resources Inc. lifted its stake in shares of Republic Services by 10.1% in the 2nd quarter. Franklin Resources Inc. now owns 2,379,682 shares of the business services provider’s stock valued at $586,854,000 after purchasing an additional 218,114 shares during the period. Institutional investors own 57.73% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on RSG. JPMorgan Chase & Co. reduced their price target on Republic Services from $260.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. Bank of America reduced their target price on shares of Republic Services from $271.00 to $241.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. Jefferies Financial Group set a $248.00 price target on shares of Republic Services and gave the company a “buy” rating in a research report on Monday, November 3rd. UBS Group set a $220.00 price objective on shares of Republic Services in a research note on Monday, January 5th. Finally, Stifel Nicolaus decreased their target price on shares of Republic Services from $257.00 to $251.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Fourteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.62.

Insider Buying and Selling at Republic Services

In related news, Director Katharine Weymouth acquired 478 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were bought at an average price of $209.46 per share, for a total transaction of $100,121.88. Following the completion of the transaction, the director directly owned 5,740 shares in the company, valued at approximately $1,202,300.40. This trade represents a 9.08% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.11% of the stock is owned by insiders.

Republic Services Price Performance

Shares of RSG opened at $221.70 on Friday. The company has a market capitalization of $68.63 billion, a P/E ratio of 32.37, a price-to-earnings-growth ratio of 3.55 and a beta of 0.54. Republic Services, Inc. has a twelve month low of $201.42 and a twelve month high of $258.75. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 1.08. The firm has a 50 day moving average of $215.23 and a 200 day moving average of $220.09.

Republic Services (NYSE:RSG) last issued its earnings results on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.62 by $0.14. Republic Services had a return on equity of 18.44% and a net margin of 12.90%.The business had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same period last year, the business posted $1.58 EPS. The company’s revenue was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, equities research analysts anticipate that Republic Services, Inc. will post 6.86 earnings per share for the current fiscal year.

Republic Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be paid a $0.625 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.1%. Republic Services’s payout ratio is currently 36.50%.

Key Stories Impacting Republic Services

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

• Positive Sentiment: Q4 EPS beat consensus ($1.76 vs. ~$1.62), showing margin resilience and supporting the company’s longer‑term earnings profile. Zacks: Q4 results
• Positive Sentiment: Management guided FY‑26 adjusted EPS to $7.20–$7.28 (midpoint ~3% growth), and expects ~$1B of acquisitions in 2026—signals of continued price‑led growth and strategic M&A activity. MarketBeat: Guidance & acquisitions
• Positive Sentiment: Unusually large call‑option activity suggests some traders are positioning for upside after the print (2,371 calls traded, ~436% above average), adding short‑term bullish flow.
• Neutral Sentiment: Earnings call and transcripts reiterated steady, contract‑driven growth and cost discipline, but emphasized ongoing volume pressure—useful detail for modeling but not a clear catalyst alone. TipRanks: Earnings call highlights
• Negative Sentiment: Revenue missed slightly in Q4 ($4.14B vs. ~$4.21B expected) and FY‑26 revenue guidance ($17.05–17.15B) came in below some expectations — a softer top‑line outlook is pressuring sentiment. Benzinga: Analysts cut forecasts
• Negative Sentiment: Higher CapEx and acquisition activity in 2025–26 have weakened operating cash flow and could constrain free cash flow and buybacks near term—a driver of analyst caution. MarketBeat: Cash flow & CapEx note
• Negative Sentiment: Some institutional trimming and analyst downward revisions after the print increase downside risk to near‑term price targets; several firms have reduced forecasts. QuiverQuant: Market reaction & flows

Republic Services Profile

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.