Brookstone Capital Management Lowers Position in Republic Services, Inc. $RSG

Brookstone Capital Management trimmed its position in shares of Republic Services, Inc. (NYSE:RSG) by 89.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,659 shares of the business services provider’s stock after selling 47,157 shares during the quarter. Brookstone Capital Management’s holdings in Republic Services were worth $1,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in RSG. Brighton Jones LLC boosted its stake in shares of Republic Services by 75.8% in the 4th quarter. Brighton Jones LLC now owns 19,822 shares of the business services provider’s stock worth $3,988,000 after buying an additional 8,547 shares during the last quarter. Fisher Asset Management LLC boosted its position in Republic Services by 4.9% in the second quarter. Fisher Asset Management LLC now owns 6,217 shares of the business services provider’s stock worth $1,533,000 after purchasing an additional 289 shares during the last quarter. Quantbot Technologies LP bought a new position in Republic Services in the 2nd quarter valued at $3,378,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Republic Services during the 2nd quarter valued at $64,000. Finally, CW Advisors LLC raised its stake in shares of Republic Services by 85.6% during the 2nd quarter. CW Advisors LLC now owns 4,279 shares of the business services provider’s stock worth $1,055,000 after purchasing an additional 1,973 shares during the period. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Analyst Ratings Changes

RSG has been the subject of several research reports. BMO Capital Markets reduced 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. Morgan Stanley dropped their target price on shares of Republic Services from $230.00 to $225.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 18th. Wolfe Research assumed coverage on shares of Republic Services in a research report on Friday, March 13th. They set a “peer perform” rating for the company. Scotiabank lowered their price target on shares of Republic Services from $246.00 to $242.00 and set a “sector perform” rating on the stock in a report on Wednesday, January 21st. Finally, Sanford C. Bernstein upped their price objective on Republic Services from $205.00 to $220.00 and gave the company a “market perform” rating in a research note on Monday, January 5th. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $246.40.

Republic Services Price Performance

Shares of NYSE:RSG opened at $223.25 on Friday. The firm has a market capitalization of $68.97 billion, a PE ratio of 32.59, a P/E/G ratio of 3.70 and a beta of 0.53. 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 50-day moving average price of $221.84 and a two-hundred day moving average price of $218.04. Republic Services, Inc. has a twelve month low of $201.42 and a twelve month high of $258.75.

Republic Services (NYSE:RSG) last announced its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating 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 company had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.21 billion. During the same period in the prior year, the company posted $1.58 EPS. Republic Services’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. Equities analysts forecast that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Dividend Announcement

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 paid a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, April 2nd. Republic Services’s payout ratio is presently 36.79%.

Republic Services Company 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.