Should You Hold Republic Services (RSG)?

Parnassus Investments, an investment management company, released the “Parnassus Mid Cap Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Following a robust second quarter in which markets rebounded from the sell-off, the Russell Mid Cap Index continued to rise, delivering impressive returns for the quarter. The Fund (Investor Shares) returned 5.49% (net of fees) in the quarter, compared to a 5.33% return for the Russell Midcap Index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Parnassus Core Equity Fund highlighted stocks such as Republic Services, Inc. (NYSE:RSG). Republic Services, Inc. (NYSE:RSG) is a leading environmental services company in the United States and Canada. The one-month return of Republic Services, Inc. (NYSE:RSG) was -0.99%, and its shares gained 1.02% of their value over the last 52 weeks. On January 7, 2026, Republic Services, Inc. (NYSE:RSG) stock closed at $209.08 per share with a market capitalization of $64.72 billion.

Parnassus Core Equity Fund stated the following regarding Republic Services, Inc. (NYSE:RSG) in its third quarter 2025 investor letter:

“Republic Services, Inc. (NYSE:RSG), a waste management leader, detracted as market sentiment shifted away from more defensive positions in favor of high-growth equities. The company nonetheless delivered steady results, driven by recurring revenue and robust free cash flow, and we remain confident in its potential for secular growth and cyclical upside.”

Jim Cramer on Republic Services (RSG): “That is a Great Stock”

Republic Services, Inc. (NYSE:RSG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 51 hedge fund portfolios held Republic Services, Inc. (NYSE:RSG) at the end of the third quarter, compared to 60 in the previous quarter. While we acknowledge the risk and potential of Republic Services, Inc. (NYSE:RSG) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Republic Services, Inc. (NYSE:RSG) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Republic Services, Inc. (NYSE:RSG) and shared the list of best industrial dividend stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.