Diversified Trust Co. Has $2.72 Million Holdings in Republic Services, Inc. $RSG

Diversified Trust Co. trimmed its position in shares of Republic Services, Inc. (NYSE:RSG) by 18.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,836 shares of the business services provider’s stock after selling 2,817 shares during the period. Diversified Trust Co.’s holdings in Republic Services were worth $2,720,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings 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 valued at $3,988,000 after purchasing an additional 8,547 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Republic Services by 27.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,626,369 shares of the business services provider’s stock worth $401,082,000 after purchasing an additional 348,379 shares during the period. Global Retirement Partners LLC acquired a new position in Republic Services during the second quarter worth approximately $386,000. CreativeOne Wealth LLC raised its stake in Republic Services by 4.2% in the second quarter. CreativeOne Wealth LLC now owns 4,008 shares of the business services provider’s stock valued at $988,000 after buying an additional 161 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of Republic Services by 47.2% in the second quarter. Steward Partners Investment Advisory LLC now owns 18,062 shares of the business services provider’s stock valued at $4,454,000 after buying an additional 5,791 shares during the last quarter. 57.73% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. 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. BMO Capital Markets cut their price target on Republic Services from $251.00 to $248.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Barclays set a $227.00 price objective on shares of Republic Services in a research report on Monday, February 23rd. Sanford C. Bernstein upped their price objective on shares of Republic Services from $205.00 to $220.00 and gave the company a “market perform” rating in a report on Monday, January 5th. Finally, Scotiabank cut their target price on shares of Republic Services from $246.00 to $242.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 21st. Thirteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.40.

Republic Services Price Performance

Shares of NYSE RSG opened at $215.38 on Wednesday. The firm has a market cap of $66.51 billion, a P/E ratio of 31.44, a price-to-earnings-growth ratio of 3.59 and a beta of 0.54. The business’s 50 day moving average is $220.75 and its 200-day moving average is $218.42. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.08. Republic Services, Inc. has a 1-year low of $201.42 and a 1-year high of $258.75.

Republic Services (NYSE:RSG) last released its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.14. The business had revenue of $4.14 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the company posted $1.58 EPS. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. Equities research analysts predict that Republic Services, Inc. will post 6.86 earnings per share for the current year.

Republic Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be given a dividend of $0.625 per share. This represents a $2.50 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, April 2nd. Republic Services’s dividend payout ratio (DPR) is currently 36.79%.

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.