B. Metzler seel. Sohn & Co. AG Has $3.40 Million Stock Holdings in Republic Services, Inc. $RSG

B. Metzler seel. Sohn & Co. AG decreased its stake in shares of Republic Services, Inc. (NYSE:RSG) by 28.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,808 shares of the business services provider’s stock after selling 5,750 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Republic Services were worth $3,398,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Republic Services by 0.3% during the third quarter. Vanguard Group Inc. now owns 19,107,360 shares of the business services provider’s stock worth $4,384,757,000 after buying an additional 49,365 shares during the last quarter. Geode Capital Management LLC lifted its stake 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 valued at $1,187,328,000 after acquiring an additional 144,003 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Republic Services by 15.2% in 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 during the period. Norges Bank acquired a new position in shares of Republic Services during the 2nd quarter worth about $690,313,000. Finally, Franklin Resources Inc. raised its holdings 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.

Analyst Ratings Changes

RSG has been the subject of a number of research analyst reports. The Goldman Sachs Group initiated coverage on Republic Services in a report on Monday, November 24th. They set a “buy” rating and a $255.00 price target for the company. Sanford C. Bernstein raised their price objective on Republic Services from $205.00 to $220.00 and gave the company a “market perform” rating in a research report on Monday, January 5th. Bank of America reduced their target price on Republic Services from $271.00 to $241.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. Citigroup increased their price target on Republic Services from $244.00 to $253.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Finally, UBS Group raised their price target on Republic Services from $225.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Thirteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.70.

Republic Services Trading Down 0.3%

Shares of RSG stock opened at $230.34 on Tuesday. Republic Services, Inc. has a 12-month low of $201.42 and a 12-month high of $258.75. The firm has a 50 day moving average price of $218.40 and a two-hundred day moving average price of $219.29. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $71.13 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 3.82 and a beta of 0.54.

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

Republic Services Announces Dividend

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

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.