Elo Mutual Pension Insurance Co Has $2.40 Million Position in Republic Services, Inc. $RSG

Elo Mutual Pension Insurance Co lessened its stake in Republic Services, Inc. (NYSE:RSG) by 26.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,439 shares of the business services provider’s stock after selling 3,792 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Republic Services were worth $2,396,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of Republic Services by 75.8% during the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock worth $3,988,000 after purchasing an additional 8,547 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Republic Services during the second quarter worth $404,000. Arkadios Wealth Advisors bought a new stake in Republic Services in the 2nd quarter valued at $253,000. TIAA Trust National Association raised its stake in shares of Republic Services by 8.2% in the 2nd quarter. TIAA Trust National Association now owns 4,444 shares of the business services provider’s stock valued at $1,096,000 after buying an additional 336 shares in the last quarter. Finally, Sigma Planning Corp lifted its holdings in shares of Republic Services by 16.7% during the 2nd quarter. Sigma Planning Corp now owns 8,000 shares of the business services provider’s stock worth $1,973,000 after acquiring an additional 1,142 shares during the period. Institutional investors and hedge funds own 57.73% of the company’s stock.

Republic Services Stock Performance

Shares of NYSE:RSG opened at $231.54 on Thursday. The business has a fifty day moving average of $217.36 and a 200-day moving average of $219.47. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64. Republic Services, Inc. has a twelve month low of $201.42 and a twelve month high of $258.75. The firm has a market cap of $71.50 billion, a PE ratio of 33.80, a price-to-earnings-growth ratio of 3.84 and a beta of 0.54.

Republic Services (NYSE:RSG) last issued its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. The company’s revenue was up 2.2% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. On average, equities research analysts predict that Republic Services, Inc. will post 6.86 EPS for the current fiscal year.

Republic Services Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. BMO Capital Markets dropped their price target on shares of Republic Services from $251.00 to $248.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Oppenheimer dropped their target price on Republic Services from $256.00 to $255.00 and set an “outperform” rating for the company in a report on Friday, January 23rd. The Goldman Sachs Group began coverage on Republic Services in a research note on Monday, November 24th. They issued a “buy” rating and a $255.00 price target on the stock. Wells Fargo & Company assumed coverage on Republic Services in a research note on Thursday, November 13th. They set an “overweight” rating and a $238.00 price objective for the company. Finally, Barclays set a $227.00 target price on shares of Republic Services in a research note on Monday, February 23rd. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Republic Services has an average rating of “Moderate Buy” and a consensus target price of $244.70.

Insider Buying and Selling

In other news, Director Katharine Weymouth acquired 478 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were purchased at an average cost of $209.46 per share, for a total transaction of $100,121.88. Following the transaction, the director owned 5,740 shares of the company’s stock, valued at approximately $1,202,300.40. This represents a 9.08% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.11% of the company’s stock.

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.