Charles Schwab Investment Management Inc. increased its holdings in Republic Services, Inc. (NYSE:RSG) by 0.9%, owning 1.27 million shares worth approximately $309 million as of the latest SEC filing. The firm acquired an additional 11,091 shares during the first quarter, bringing its total ownership to 1,277,990 shares. Charles Schwab owned 0.41% of Republic Services worth $309,478,000 at the end of the most recent reporting period.\n\nRepublic Services announced a quarterly dividend increase to $0.625 per share, up from the previous $0.58, resulting in an annualized dividend of $2.50 and a yield of 1.1%. The company's stock traded down $0.28 to $235.36 on Friday, with a market capitalization of $73.48 billion. The stock has a price-to-earnings ratio of 34.82, a PEG ratio of 3.67, and a beta of 0.60. Its fifty-day simple moving average is $243.75, and its 200-day simple moving average is $239.49.\n\nRepublic Services reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.01. Revenue for the quarter was $4.24 billion, slightly below analysts' expectations of $4.26 billion. The company achieved a net margin of 12.97% and a return on equity of 18.27%, with revenue up 4.6% year-over-year. The business had a dividend payout ratio of 34.32%.\n\nAnalyst ratings on Republic Services include an 'outperform' rating from William Blair, Oppenheimer, and Royal Bank of Canada, while UBS Group assigned a 'neutral' rating with a $260.00 price target. Nine analysts have a 'hold' rating, twelve have a 'buy' rating, and two have a 'strong buy' rating. The consensus rating is 'Moderate Buy' with a consensus target price of $262.17.\n\nThe company provides environmental services in the United States and Canada, including collection and processing of recyclable and solid waste, transportation and disposal of non-hazardous and hazardous waste streams, and other environmental solutions. The dividend increase reflects the company's strong financial performance and commitment to shareholder returns.\n\nRepublic Services' earnings results were reported on Tuesday, July 29th. Equities analysts predict the company will post 6.86 EPS for the current fiscal year. The stock's 12-month low is $197.60, and its 12-month high is $258.75. The ex-dividend date for the $0.625 quarterly dividend is Thursday, October 2nd, with shareholders of record on that day receiving the dividend.

Republic Services, Inc. (NYSE:RSG) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its ownership of Republic Services, Inc. (RSG) by 0.9% to 1.27 million shares valued at approximately $309 million as of the latest SEC filing. The company announced a quarterly dividend increase to $0.625 per share, raising the annualized dividend to $2.50 with a yield of 1.1%. Republic Services reported quarterly earnings of $1.77 EPS, slightly above expectations, with revenue of $4.24 billion and a 4.6% year-over-year increase. The company achieved a 12.97% net margin and 18.27% return on equity. Analysts have issued a range of ratings, with nine 'hold', twelve 'buy', and two 'strong buy' ratings, and a consensus target price of $262.17. The stock trades at a P/E ratio of 34.82, PEG of 3.67, and beta of 0.60, with a market capitalization of $73.48 billion.