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Cascade Investment boosts stake in Republic Services amid mixed analyst views and strong fundamentals.

Market News
24 Aug 2026
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Bullish
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Cascade Investment, managing Bill Gates's fortune, has increased its ownership in Republic Services by buying shares at prices between $213.70 and $217.18 over several days. This move reflects confidence in Republic's strategy prioritizing pricing over volume, supported by strong Q2 results, raised guidance, and a rising dividend. Despite a split analyst consensus, Cascade's insider position and Republic's low volatility and solid cash flow make it attractive for long-term, income-focused investors. However, current retail prices are above Cascade's purchase range, suggesting caution for new buyers.

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