--- title: "Cascade Investment, L.L.C. Acquires 78,150 Shares of Republic Services (NYSE:RSG) Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/286406177.md" description: "Cascade Investment, L.L.C. acquired 78,150 shares of Republic Services (NYSE:RSG) stock on May 11th at an average price of $197.18 per share, totaling $15,409,617. This increased their ownership to 109,894,982 shares, valued at approximately $21.67 billion. The transaction was disclosed to the SEC. Cascade also purchased additional shares on May 12th and 13th. Republic Services reported a quarterly EPS of $1.70, exceeding estimates, and declared a quarterly dividend of $0.625. Analysts have mixed ratings and price targets for the stock, with an average target of $245.15." datetime: "2026-05-14T11:14:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286406177.md) - [en](https://longbridge.com/en/news/286406177.md) - [zh-HK](https://longbridge.com/zh-HK/news/286406177.md) --- # Cascade Investment, L.L.C. Acquires 78,150 Shares of Republic Services (NYSE:RSG) Stock Republic Services, Inc. (NYSE:RSG - Get Free Report) major shareholder Cascade Investment, L.L.C. bought 78,150 shares of Republic Services stock in a transaction on Monday, May 11th. The shares were purchased at an average cost of $197.18 per share, for a total transaction of $15,409,617.00. Following the acquisition, the insider owned 109,894,982 shares in the company, valued at $21,669,092,550.76. The trade was a 0.07% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC. - Trash to Treasure: 3 Waste Removal Stocks to Minimize Volatility Cascade Investment, L.L.C. also recently made the following trade(s): - On Wednesday, May 13th, Cascade Investment, L.L.C. purchased 366,000 shares of Republic Services stock. The stock was bought at an average cost of $202.24 per share, for a total transaction of $74,019,840.00. - On Tuesday, May 12th, Cascade Investment, L.L.C. bought 55,000 shares of Republic Services stock. The stock was bought at an average price of $201.78 per share, for a total transaction of $11,097,900.00. ## Republic Services Stock Performance * * * * * * Shares of RSG stock opened at $203.66 on Thursday. The company has a market capitalization of $62.66 billion, a price-to-earnings ratio of 29.22, a P/E/G ratio of 3.33 and a beta of 0.43. Republic Services, Inc. has a 1-year low of $196.41 and a 1-year high of $258.75. The company has a current ratio of 0.67, a quick ratio of 0.64 and a debt-to-equity ratio of 1.11. The stock's fifty day simple moving average is $215.61 and its 200-day simple moving average is $215.04. - Can RSG Stock Turn Guidance Into Gains in 2026? Republic Services (NYSE:RSG - Get Free Report) last released its quarterly earnings data on Friday, May 8th. The business services provider reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.64 by $0.06. Republic Services had a return on equity of 18.57% and a net margin of 13.00%.The firm had revenue of $4.11 billion during the quarter, compared to analysts' expectations of $4.10 billion. During the same quarter last year, the firm earned $1.58 earnings per share. The business's revenue for the quarter was up 2.6% on a year-over-year basis. On average, sell-side analysts predict that Republic Services, Inc. will post 7.28 earnings per share for the current fiscal year. ## Republic Services Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd will be given a $0.625 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.2%. Republic Services's payout ratio is currently 36.15%. ## Analysts Set New Price Targets - Trump GLP-1 Pilot Program Could Boost Novo Nordisk & Eli Lilly Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their price objective on Republic Services from $233.00 to $245.00 and gave the stock a "neutral" rating in a research report on Friday, April 10th. Citigroup lowered their price target on Republic Services from $253.00 to $247.00 and set a "buy" rating on the stock in a research note on Tuesday. BMO Capital Markets lowered their price target on Republic Services from $251.00 to $248.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 18th. Weiss Ratings lowered Republic Services from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, April 29th. Finally, Scotiabank lowered their price target on Republic Services from $246.00 to $242.00 and set a "sector perform" rating on the stock in a research note on Wednesday, January 21st. Eleven analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to MarketBeat, Republic Services has an average rating of "Hold" and an average target price of $245.15. **View Our Latest Analysis on RSG** ## Key Republic Services News Here are the key news stories impacting Republic Services this week: - Positive Sentiment: Cascade Investment, L.L.C., Republic Services’ major shareholder, bought three separate blocks of stock over the last few days, including a 366,000-share purchase at $202.24 and additional buys of 55,000 and 78,150 shares. Large insider buying is often viewed as a sign of confidence in the company’s outlook. SEC filing for Cascade Investment purchases - Positive Sentiment: A Zacks piece highlighted Republic Services as a long-term growth name, pointing to the company’s appeal as a steady operator with growth characteristics. Zacks article on RSG long-term growth - Neutral Sentiment: A Yahoo Finance-linked deep dive said first-quarter pricing gains, digital investments, and acquisitions helped offset flat volumes, suggesting Republic’s core business remains resilient but volume growth is still muted. RSG Q1 Deep Dive article - Negative Sentiment: Argus Research downgraded Republic Services to Hold, and related coverage noted the stock hit a new 1-year low after the downgrade. That analyst move likely weighed on shares and reflects more cautious near-term sentiment. Argus downgrades Republic Services ## Institutional Investors Weigh In On Republic Services Several large investors have recently modified their holdings of the stock. Gibbs Wealth Management grew its stake in shares of Republic Services by 56.5% in the 1st quarter. Gibbs Wealth Management now owns 1,962 shares of the business services provider's stock valued at $430,000 after purchasing an additional 708 shares during the period. Sei Investments Co. boosted its holdings in shares of Republic Services by 10.5% in the 1st quarter. Sei Investments Co. now owns 649,317 shares of the business services provider's stock worth $142,214,000 after acquiring an additional 61,569 shares in the last quarter. Signature Equity Partners LLC boosted its holdings in shares of Republic Services by 30.8% in the 1st quarter. Signature Equity Partners LLC now owns 761 shares of the business services provider's stock worth $167,000 after acquiring an additional 179 shares in the last quarter. CI Investments Inc. boosted its holdings in shares of Republic Services by 40.6% in the 1st quarter. CI Investments Inc. now owns 71,455 shares of the business services provider's stock worth $15,650,000 after acquiring an additional 20,635 shares in the last quarter. Finally, Saturna Capital Corp boosted its holdings in shares of Republic Services by 1.5% in the 1st quarter. Saturna Capital Corp now owns 13,009 shares of the business services provider's stock worth $2,849,000 after acquiring an additional 190 shares in the last quarter. 57.73% of the stock is currently owned by institutional investors. ## Republic Services Company Profile (Get Free Report) 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. ## Further Reading - Five stocks we like better than Republic Services - Oklo Stock Could Be Ready for Another Massive Run - D-Wave Earnings Looked Weak, But Investors May Be Missing This - Nebius Upside Expands as AI Feedback Loop Intensifies - Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell _This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to \[email protected\]._ Insider Buying or Selling at Republic Services? Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Republic Services and related companies. From Our Partners Is this AI lab Elon’s SpaceX lifeline? 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