Republic Services (RSG)

• Market cap: $76B
• 1 day: -0.14%
• 5 days: 2.25%
• 1 month: 3.19%
• 3 months: 13.83%
• 6 months: 18.32%
• Year to date: 21.59%
• 1 year: 28.75%
• 5 years: 203.04%
• 10 years: 518.09%
• Sector: Industrials
• Industry: Waste Management

About: Republic Services is the second-largest integrated provider of traditional solid waste services in the United States, operating roughly 207 active landfills and 246 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs a sizable recycling operation in North America.

Employees: 42,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

86% more call options, than puts

Call options by funds: $70.2M | Put options by funds: $37.7M

70% more first-time investments, than exits

New positions opened: 141 | Existing positions closed: 83

18% more funds holding in top 10

Funds holding in top 10: 17 [Q3] → 20 (+3) [Q4]

3% more funds holding

Funds holding: 1,161 [Q3] → 1,196 (+35) [Q4]

1.15% more ownership

Funds ownership: 56.74% [Q3] → 57.89% (+1.15%) [Q4]

6% more repeat investments, than reductions

Existing positions increased: 443 | Existing positions reduced: 419

2% more capital invested

Capital invested by funds: $35.7B [Q3] → $36.5B (+$785M) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $230 5% downside
• Avg. target: $251 3% upside
• High target: $265 9% upside

8 analyst ratings

• positive: 5 63%
• neutral: 3 38%
• negative: 0 0%

UBS Jon Windham 19% 1-year accuracy 5 / 26 met price target	3% upside $250	Neutral Maintained	11 Apr 2025
Scotiabank Konark Gupta 100% 1-year accuracy 8 / 8 met price target	3% upside $250	Sector Perform Maintained	8 Apr 2025
CIBC Kevin Chiang 44% 1-year accuracy 4 / 9 met price target	9% upside $264	Sector Outperform Upgraded	4 Mar 2025
Goldman Sachs Jerry Revich 42% 1-year accuracy 8 / 19 met price target	9% upside $265	Buy Maintained	18 Feb 2025
Stifel Michael Hoffman 50% 1-year accuracy 7 / 14 met price target	6% upside $257	Buy Maintained	18 Feb 2025