Strong Shareholder Backing Validates Republic Services’ (RSG) Attractive Valuation

The London Company, an investment management firm, has reported strong investor backing for Republic Services, Inc. (NYSE:RSG) in its Q2 2026 Income Equity Strategy letter. This company is the second-largest U.S. waste services provider and the largest owner of domestic hazardous landfills. Despite cyclical challenges in construction, demolition, and industrial sectors, Republic Services demonstrates pricing power and margin stability due to CPI-linked contracts, fuel surcharges, and predictable capital cycles.

The company saw a modest gain of 0.29% in the past month, but its 52-week low is a 8.32% decrease. The London Company highlighted Republic Services as a new holding in its Q2 2026 investor letter, citing the company's leadership in the environmental services industry and the potential benefits of AI infrastructure spending. Notable shareholders, such as Cascade Investments, a major holder with over 35% stake, have also reinforced the positive outlook on Republic Services' current valuation.