Voya Investment Management LLC Cuts Stake in Republic Services, Inc. $RSG

23 Dec 2025, 08:26 by Jessica Moore · The Cerbat Gem

Voya Investment Management LLC trimmed its holdings in Republic Services, Inc. (NYSE:RSG – Free Report) by 20.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 63,134 shares of the business services provider’s stock after selling 16,565 shares during the quarter. Voya Investment Management LLC’s holdings in Republic Services were worth $14,488,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Cranbrook Wealth Management LLC boosted its position in Republic Services by 1,222.2% during the second quarter. Cranbrook Wealth Management LLC now owns 119 shares of the business services provider’s stock valued at $29,000 after buying an additional 110 shares during the period. NewSquare Capital LLC grew its position in Republic Services by 68.5% during the 2nd quarter. NewSquare Capital LLC now owns 123 shares of the business services provider’s stock worth $30,000 after acquiring an additional 50 shares during the last quarter. Foster Dykema Cabot & Partners LLC purchased a new position in Republic Services in the 2nd quarter worth approximately $33,000. Atticus Wealth Management LLC purchased a new stake in shares of Republic Services during the second quarter valued at approximately $39,000. Finally, Hilltop National Bank bought a new position in shares of Republic Services in the second quarter worth approximately $47,000. Hedge funds and other institutional investors own 57.73% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Republic Services in a research report on Monday, December 15th. National Bankshares reduced their price target on Republic Services from $270.00 to $241.00 and set a “sector perform” rating on the stock in a report on Tuesday, October 7th. Raymond James Financial reiterated an “outperform” rating and issued a $240.00 price objective on shares of Republic Services in a research report on Friday, October 31st. Bank of America dropped their price target on Republic Services from $271.00 to $241.00 and set a “buy” rating for the company in a research note on Monday. Finally, Citigroup reduced their price objective on shares of Republic Services from $280.00 to $270.00 and set a “buy” rating on the stock in a research report on Wednesday, September 17th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, Republic Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $250.64.

Read Our Latest Stock Analysis on RSG

Republic Services Stock Performance

Shares of RSG stock opened at $212.96 on Tuesday. The company’s fifty day moving average price is $213.92 and its 200-day moving average price is $228.34. The stock has a market cap of $65.92 billion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 3.41 and a beta of 0.54. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.04. Republic Services, Inc. has a 12 month low of $199.43 and a 12 month high of $258.75.

Republic Services (NYSE:RSG – Get Free Report) last issued its quarterly earnings results on Friday, October 31st. The business services provider reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.78 by $0.12. Republic Services had a net margin of 12.77% and a return on equity of 18.24%. The company had revenue of $4.21 billion during the quarter, compared to analysts’ expectations of $4.25 billion. During the same period last year, the company posted $1.81 EPS. Republic Services’s revenue was up 3.3% on a year-over-year basis. On average, equities analysts expect that Republic Services, Inc. will post 6.86 EPS for the current fiscal year.

Republic Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd will be paid a dividend of $0.625 per share. The ex-dividend date is Friday, January 2nd. This represents a $2.50 dividend on an annualized basis and a yield of 1.2%. Republic Services’s payout ratio is presently 37.20%.

Insider Buying and Selling

In related news, Director Katharine Weymouth bought 478 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were acquired at an average cost of $209.46 per share, with a total value of $100,121.88. Following the completion of the acquisition, the director owned 5,740 shares of the company’s stock, valued at $1,202,300.40. The trade was a 9.08% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.11% of the company’s stock.

About Republic Services

(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.