Albion Financial Group UT Sells 4,767 Shares of Republic Services, Inc. $RSG

Albion Financial Group UT decreased its stake in shares of Republic Services, Inc. (NYSE:RSG) by 9.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,848 shares of the business services provider’s stock after selling 4,767 shares during the quarter. Albion Financial Group UT’s holdings in Republic Services were worth $9,717,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSG. Financial Consulate Inc. bought a new stake in Republic Services during the 3rd quarter valued at about $25,000. Wealth Watch Advisors INC bought a new stake in shares of Republic Services in the 3rd quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Republic Services by 121.8% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. Ameriflex Group Inc. bought a new stake in shares of Republic Services in the 3rd quarter valued at about $29,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Republic Services in the 4th quarter valued at about $32,000. Institutional investors own 57.73% of the company’s stock.

Republic Services Stock Down 1.2%

RSG stock opened at $220.58 on Tuesday. The firm’s fifty day simple moving average is $221.87 and its 200-day simple moving average is $217.88. The company has a market capitalization of $68.15 billion, a P/E ratio of 32.20, a price-to-earnings-growth ratio of 3.70 and a beta of 0.53. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64. Republic Services, Inc. has a 12 month low of $201.42 and a 12 month high of $258.75.

Republic Services (NYSE:RSG) last released its quarterly earnings data 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 net margin of 12.90% and a return on equity of 18.44%. The business had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same period in the prior year, the firm earned $1.58 EPS. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, equities research analysts forecast that Republic Services, Inc. will post 6.86 earnings per share for the current year.

Republic Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.625 per share. The ex-dividend date is Thursday, April 2nd. This represents a $2.50 dividend on an annualized basis and a yield of 1.1%. Republic Services’s dividend payout ratio is currently 36.79%.

Analysts Set New Price Targets

RSG has been the topic of a number of analyst reports. Bank of America cut their price objective 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. Barclays set a $227.00 price objective on shares of Republic Services in a research report on Monday, February 23rd. 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 report on Wednesday, February 18th. Scotiabank dropped their target price on shares of Republic Services from $246.00 to $242.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 21st. Finally, BMO Capital Markets dropped their target price on shares of Republic Services from $251.00 to $248.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $246.40.

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.