Insider Buying: Republic Services (NYSE:RSG) Major Shareholder Acquires 251,400 Shares of Stock

September 2, 2026 by InsiderTrades.com

Key Points

Cascade Investment bought 251,400 Republic Services shares at an average $221.03, investing approximately $55.6 million and increasing its stake to 114.2 million shares. The purchase follows a series of additional acquisitions in August.
Republic Services reported quarterly EPS of $1.85 and revenue of $4.43 billion, exceeding analyst estimates, while revenue increased 4.6% year over year. The company maintained fiscal 2026 EPS guidance of $7.23–$7.28.
The company raised its quarterly dividend from $0.62 to $0.67 per share, equivalent to a $2.68 annual payout and a 1.2% yield. Analysts collectively rate the stock “Moderate Buy,” with an average price target of $245.26.

Republic Services, Inc. (NYSE:RSG - Get Free Report) major shareholder Cascade Investment, L.L.C. bought 251,400 shares of the business's stock in a transaction that occurred on Friday, August 28th. The shares were bought at an average cost of $221.03 per share, for a total transaction of $55,566,942.00. Following the completion of the purchase, the insider owned 114,186,527 shares of the company's stock, valued at $25,238,648,062.81. This represents a 0.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

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Cascade Investment, L.L.C. also recently made the following trade(s):

On Monday, August 31st, Cascade Investment, L.L.C. acquired 301,000 shares of Republic Services stock. The shares were bought at an average price of $221.94 per share, for a total transaction of $66,803,940.00.
On Thursday, August 27th, Cascade Investment, L.L.C. bought 284,600 shares of Republic Services stock. The stock was purchased at an average price of $219.52 per share, with a total value of $62,475,392.00.
On Wednesday, August 26th, Cascade Investment, L.L.C. purchased 275,500 shares of Republic Services stock. The shares were purchased at an average cost of $221.55 per share, for a total transaction of $61,037,025.00.
On Tuesday, August 25th, Cascade Investment, L.L.C. purchased 269,477 shares of Republic Services stock. The stock was purchased at an average price of $221.88 per share, for a total transaction of $59,791,556.76.
On Monday, August 24th, Cascade Investment, L.L.C. acquired 301,639 shares of Republic Services stock. The stock was purchased at an average cost of $222.91 per share, with a total value of $67,238,349.49.
On Friday, August 21st, Cascade Investment, L.L.C. bought 191,361 shares of Republic Services stock. The shares were purchased at an average cost of $220.34 per share, for a total transaction of $42,164,482.74.
On Thursday, August 20th, Cascade Investment, L.L.C. bought 208,925 shares of Republic Services stock. The stock was purchased at an average price of $220.26 per share, for a total transaction of $46,017,820.50.
On Wednesday, August 19th, Cascade Investment, L.L.C. purchased 178,844 shares of Republic Services stock. The shares were acquired at an average price of $222.51 per share, with a total value of $39,794,578.44.
On Tuesday, August 18th, Cascade Investment, L.L.C. acquired 200,125 shares of Republic Services stock. The shares were acquired at an average price of $217.90 per share, for a total transaction of $43,607,237.50.
On Monday, August 17th, Cascade Investment, L.L.C. acquired 206,800 shares of Republic Services stock. The shares were acquired at an average price of $214.92 per share, with a total value of $44,445,456.00.

Republic Services Trading Up 1.1%

NYSE:RSG opened at $223.27 on Wednesday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.64 and a quick ratio of 0.64. Republic Services, Inc. has a one year low of $196.41 and a one year high of $235.18. The company has a market cap of $68.37 billion, a PE ratio of 31.62, a PEG ratio of 3.66 and a beta of 0.40. The firm has a 50-day moving average of $217.04 and a 200-day moving average of $215.10.

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Republic Services (NYSE:RSG - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.04. The business had revenue of $4.43 billion for the quarter, compared to analysts' expectations of $4.36 billion. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The firm's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.77 EPS. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. As a group, equities research analysts expect that Republic Services, Inc. will post 7.27 EPS for the current fiscal year.

Republic Services Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, October 2nd will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Friday, October 2nd. This is a positive change from Republic Services's previous quarterly dividend of $0.62. This represents a $2.68 annualized dividend and a dividend yield of 1.2%. Republic Services's payout ratio is presently 35.41%.

Hedge Funds Weigh In On Republic Services

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. CBIZ Investment Advisory Services LLC grew its position in Republic Services by 11.3% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 445 shares of the business services provider's stock valued at $94,000 after buying an additional 45 shares during the period. Focus Financial Network Inc. boosted its stake in Republic Services by 2.5% in the second quarter. Focus Financial Network Inc. now owns 1,861 shares of the business services provider's stock valued at $397,000 after acquiring an additional 46 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of Republic Services by 0.5% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 10,454 shares of the business services provider's stock valued at $2,216,000 after acquiring an additional 48 shares during the period. Williams Jones Wealth Management LLC. increased its stake in shares of Republic Services by 2.6% during the 4th quarter. Williams Jones Wealth Management LLC. now owns 1,925 shares of the business services provider's stock worth $408,000 after purchasing an additional 49 shares during the last quarter. Finally, AlphaCentric Advisors LLC raised its holdings in shares of Republic Services by 5.9% in the 1st quarter. AlphaCentric Advisors LLC now owns 903 shares of the business services provider's stock worth $198,000 after purchasing an additional 50 shares during the period. 57.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on RSG shares. Weiss Ratings upgraded Republic Services from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, August 21st. Citigroup increased their target price on shares of Republic Services from $247.00 to $259.00 and gave the company a "buy" rating in a report on Friday, July 10th. Argus cut shares of Republic Services from a "buy" rating to a "hold" rating in a report on Monday, May 11th. Barclays increased their price objective on shares of Republic Services from $233.00 to $240.00 and gave the company an "equal weight" rating in a research note on Friday, August 7th. Finally, Morgan Stanley set a $232.00 target price on Republic Services in a research note on Friday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Republic Services presently has a consensus rating of "Moderate Buy" and an average price target of $245.26.

View Our Latest Stock Analysis on RSG

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.