Fri Dec 26 12:10:00 UTC 2025: Here’s a summarized news article based on the provided text:

Texas Fund Reduces Stake in Republic Services; Institutional Interest Remains High

[City, State] – The Texas Permanent School Fund Corp significantly decreased its holdings in Republic Services, Inc. (NYSE:RSG) during the second quarter, selling 7,796 shares, a 35.3% reduction. This leaves the fund with 14,271 shares valued at $3.519 million as of the last reporting period.

Despite this reduction, institutional investor interest in Republic Services remains strong. Other firms, including Brighton Jones LLC, Aptus Capital Advisors LLC, Venture Visionary Partners LLC, Legacy Financial Advisors Inc., and EntryPoint Capital LLC have all increased or initiated positions in the company. Currently, 57.73% of the stock is held by institutional investors.

In other news, Republic Services Director Katharine Weymouth purchased 478 shares at an average price of $209.46 on December 9th, increasing her holdings by 9.08%.

Republic Services recently reported strong quarterly earnings, beating analyst expectations with $1.90 earnings per share. Revenue came in at $4.21 billion. The company declared a quarterly dividend of $0.625 per share, payable January 15th to shareholders of record on January 2nd.

Analysts maintain a “Moderate Buy” rating on Republic Services, with an average target price of $251.10. The stock opened Friday at $213.38. Several analysts have issued price target revisions and coverage initiations, reflecting ongoing scrutiny of the company’s performance and outlook.

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