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Principal Financial Group Inc. Decreases Position in Republic Services, Inc. $RSG

2026-05-10 16:16:50

Principal Financial Group Inc. reduced its stake in Republic Services, Inc. by 9.7% in the fourth quarter, selling 61,399 shares. Despite this, other institutional investors like Vanguard Group Inc. and JPMorgan Chase & Co. have increased their holdings in the waste removal company. Republic Services reported strong quarterly earnings, beating analyst estimates, and provided positive guidance for FY 2026, while analysts have a mixed “Hold” rating with an average target price of $244.67.

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