JPMorgan Chase & Co. significantly increased its stake in Republic Services, Inc. (NYSE:RSG) by 15.2% in Q3, now owning over 3 million shares valued at $711 million. Despite a mixed Q4 earnings report where EPS beat but revenue missed, Republic Services provided optimistic FY2026 EPS guidance, leading analysts to maintain a “Moderate Buy” consensus rating with an average price target of $248. The company also announced a quarterly dividend of $0.625.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
JPMorgan Chase & Co. Boosts Stock Position in Republic Services, Inc. $RSG
JPMorgan Chase & Co. significantly increased its stake in Republic Services, Inc. (NYSE:RSG) by 15.2% in Q3, now owning over 3 million shares valued at $711 million. Despite a mixed Q4 earnings report where EPS beat but revenue missed, Republic Services provided optimistic FY2026 EPS guidance, leading analysts to maintain a “Moderate Buy” consensus rating with an average price target of $248. The company also announced a quarterly dividend of $0.625.