E. Ohman J or Asset Management AB Has $1.47 Million Position in Republic Services, Inc. $RSG

E. Ohman J or Asset Management AB lessened its holdings in shares of Republic Services, Inc. (NYSE:RSG) by 25.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,929 shares of the business services provider’s stock after selling 2,421 shares during the period. E. Ohman J or Asset Management AB’s holdings in Republic Services were worth $1,468,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Financial Consulate Inc. bought a new stake in Republic Services during the 3rd quarter worth about $25,000. Wealth Watch Advisors INC bought a new position in shares of Republic Services in the third quarter worth about $26,000. Annis Gardner Whiting Capital Advisors LLC raised 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 acquiring an additional 67 shares during the last quarter. Ameriflex Group Inc. acquired a new position in shares of Republic Services during the third quarter worth approximately $29,000. Finally, Westside Investment Management Inc. grew its stake in shares of Republic Services by 100.0% during the third quarter. Westside Investment Management Inc. now owns 172 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 86 shares during the last quarter. 57.73% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on RSG shares. Citigroup boosted their price objective on shares of Republic Services from $244.00 to $253.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Wells Fargo & Company lifted their target price on Republic Services from $238.00 to $252.00 and gave the company an “overweight” rating in a research note on Wednesday, March 18th. Wolfe Research assumed coverage on Republic Services in a research report on Friday, March 13th. They set a “peer perform” rating for the company. Barclays set a $227.00 price target on Republic Services in a research note on Monday, February 23rd. Finally, Sanford C. Bernstein lifted their price objective on Republic Services from $205.00 to $220.00 and gave the stock a “market perform” rating in a research report on Monday, January 5th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $246.40.

Republic Services Stock Down 0.6%

Shares of Republic Services stock opened at $215.38 on Wednesday. The company has a market capitalization 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 company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64. The business has a 50-day moving average of $220.75 and a two-hundred day moving average of $218.42. 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 data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, beating 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 quarter in the previous year, the business posted $1.58 EPS. Republic Services’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 analysts predict that Republic Services, Inc. will post 6.86 EPS for the current year.

Republic Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Thursday, April 2nd will be issued a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, April 2nd. Republic Services’s dividend payout ratio is 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.