Republic Services stock gains steady support as Bill Gates boosts his stake

Published on 09/18/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Republic Services stock drew attention in mid-September 2026 as Bill Gates’ Cascade Investment added 3.06 million shares between August 28 and September 11. The company also reported Q2 2026 revenue of USD 4.43 billion, up 4.6 percent year on year, with adjusted EPS rising to USD 1.85.

Neutraler weißer Müllwagen bei der Abholung einer Mülltonne im Morgenlicht — Republic Services (ISIN US76075R1059) sammelt Müll morgens mit neutralem weißen Lkw ohne Markenlogo, Illustration mit AI erstellt.

Republic Services stock (ISIN US76075R1059) is in the spotlight after a series of sizeable share purchases by Bill Gates’ investment vehicle and solid second-quarter 2026 results, with the shares recently changing hands around USD 218 to USD 220 on the New York Stock Exchange as of mid-September 2026.

Bill Gates’ stake and dividend income grow

As inkl reported on September 17, 2026, Bill Gates’ family office Cascade Investment acquired 3.06 million additional Republic Services shares between August 28 and September 11, lifting his total holding to about 117.05 million shares, or more than 38 percent of the company’s outstanding common stock.

According to inkl, Republic Services recently raised its quarterly dividend to USD 0.67 per share, with the next payment scheduled for October 15, 2026 to shareholders of record on October 2, 2026. Based on Gates’ 117.05 million-share stake, this implies an upcoming quarterly dividend income of roughly USD 78.43 million and potential annual income of about USD 313.7 million if the payout and shareholding remain unchanged.

Q2 2026 earnings show steady growth

Republic Services has underpinned this investor interest with resilient operating performance. For the second quarter of 2026, the company generated revenue of USD 4.43 billion, an increase of 4.6 percent compared with USD 4.23 billion in the prior-year quarter, and modestly above analyst expectations of USD 4.36 billion, as highlighted by a sector overview on September 18, 2026 from StockStory.

In the same quarter, Republic Services reported adjusted earnings per share of USD 1.85, up from USD 1.77 a year earlier, marking growth of about 4.5 percent year on year and exceeding consensus expectations, according to inkl. The same report notes that Republic Services expects full-year 2026 adjusted EPS in a range of USD 7.23 to USD 7.28 and revenue between USD 17.20 billion and USD 17.30 billion, providing investors with a clear guidance corridor.

As StockStory pointed out on September 18, 2026, the shares were up about 4.7 percent since the Q2 report and recently traded around USD 219.47, reflecting a positive market reaction to the earnings beat and confirming that investors view the company’s business model as resilient.

Valuation, price level and analyst context

Despite these gains, valuation debates continue. A narrative analysis from Simply Wall St on September 18, 2026 noted that at a share price of USD 218.93, Republic Services screens as potentially about 10 percent undervalued versus an internal fair value estimate of roughly USD 243.58, suggesting some upside relative to that benchmark.

The same analysis highlighted that while the stock was down about 0.4 percent over the prior day and around 1 percent over the preceding week, it had delivered a three-month share price return of 6.83 percent and a three-year total shareholder return of 53.80 percent as of mid-September 2026, underlining that Republic Services has produced robust long-term value for shareholders even if short-term momentum has cooled.

Price snapshots on major stock portals show Republic Services trading close to its recent highs. An overview from Yahoo Finance’s broader market data, updated around mid-September 2026, lists Republic Services at approximately USD 218.77 to USD 218.93 with a market capitalization of about USD 67 billion, placing the stock near the upper end of a 52-week range that extends up to roughly USD 208.69, indicating that the shares have moved well above their lows over the past year.

Stock level and investor perspective

For investors, the combination of steady earnings growth, clear guidance and a rising dividend underpinned by a large long-term shareholder such as Bill Gates offers a picture of Republic Services as a defensive income name. With the stock hovering around USD 219 on the New York Stock Exchange as of mid-September 2026, roughly 4.7 percent above its level immediately after the Q2 2026 earnings release and trading near the top of its 52-week range, the shares reflect both the company’s improving fundamentals and the market’s confidence in its cash-flow profile.