Argent Capital Management LLC Sells 2,515 Shares of Republic Services, Inc. $RSG

Argent Capital Management LLC lowered its stake in Republic Services, Inc. (NYSE:RSG) by 2.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 107,069 shares of the business services provider’s stock after selling 2,515 shares during the period. Argent Capital Management LLC’s holdings in Republic Services were worth $22,691,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Financial Consulate Inc. purchased a new stake in Republic Services during the 3rd quarter valued at about $25,000. Wealth Watch Advisors INC purchased a new position in Republic Services in the third quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Republic Services by 121.8% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider’s stock worth $28,000 after buying an additional 67 shares in the last quarter. Ameriflex Group Inc. purchased a new stake in shares of Republic Services during the third quarter valued at approximately $29,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Republic Services during the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Republic Services Stock Performance

Shares of RSG opened at $222.98 on Friday. Republic Services, Inc. has a one year low of $201.42 and a one year high of $258.75. The business has a fifty day moving average of $220.36 and a 200 day moving average of $218.94. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64. The firm has a market capitalization of $68.86 billion, a P/E ratio of 32.55, a PEG ratio of 3.68 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 (EPS) for the quarter, topping 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 analysts’ expectations of $4.21 billion. During the same period last year, the firm posted $1.58 earnings per share. 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, sell-side analysts anticipate that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have commented on RSG shares. Sanford C. Bernstein increased their target price 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. Morgan Stanley lowered their price target on Republic Services from $230.00 to $225.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 18th. Scotiabank dropped their price objective on 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. Citigroup boosted their target price on Republic Services from $244.00 to $253.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. 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 ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $246.40.

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.