Bill Gates’ Cascade Investment Boosts Republic Services Stake with $129.3M Buy

Key Facts

In a move reflecting major investors' commitment to the stable environmental services sector, Cascade Investment, the investment vehicle for Bill Gates, has increased its stake in Republic Services by purchasing 580,810 additional shares. According to reports, the total value of the transaction reached $129.3 million, representing a significant accumulation by a major shareholder. This move signals continued confidence in the long-term value of the waste management firm.

This ownership increase is supported by solid financial metrics, as the company reported revenue growth of 4.6% and a gross margin of 42.14% as of June 30, 2026. Per market data, Republic Services (RSG) closed at $222.74 (close of September 11, 2026). These operational figures highlight the company's ability to maintain high profitability, justifying the strategic investment by Cascade at current market price levels.

Traders should watch support levels near $220.66, the low recorded on September 11, 2026, as a technical signal for the stock's stability. Looking at the economic calendar, there are no immediate catalysts scheduled for the waste management sector in the coming days; however, capital inflows from strategic investors like Cascade often provide a positive price floor for the stock against broader market volatility.