Republic Services (RSG)

• Market cap: $73.2B
• 1 day: 0.98%
• 5 days: -0.92%
• 1 month: -2.86%
• 3 months: -8.01%
• 6 months: 1.27%
• Year to date: 17.20%
• 1 year: 13.38%
• 5 years: 154.78%
• 10 years: 473.07%
• 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 208 active landfills and 248 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs sizable recycling and hazardous waste collection and disposal operations in North America.

Employees: 42,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

146% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 63

5% more funds holding

Funds holding: 1,242 [Q1] → 1,309 (+67) [Q2]

3% more repeat investments, than reductions

Existing positions increased: 477 | Existing positions reduced: 462

2% more capital invested

Capital invested by funds: $43.5B [Q1] → $44.5B (+$998M) [Q2]

0.33% more ownership

Funds ownership: 57.51% [Q1] → 57.84% (+0.33%) [Q2]

3% less call options, than puts

Call options by funds: $58.6M | Put options by funds: $60.7M

19% less funds holding in top 10

Funds holding in top 10: 32 [Q1] → 26 (-6) [Q2]

Research analyst outlook

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

• Low target: $260 11% upside
• Avg. target: $269 15% upside
• High target: $284 21% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

BMO Capital Devin Dodge	21% upside $284	Outperform Maintained	30 Jul 2025
UBS Jon Windham	11% upside $260	Neutral Maintained	30 Jul 2025
Raymond James Patrick Tyler Brown	11% upside $260	Outperform Maintained	22 Jul 2025
Scotiabank Konark Gupta	11% upside $260	Sector Perform Maintained	18 Jul 2025
Oppenheimer Noah Kaye	14% upside $268	Outperform Maintained	9 Jul 2025