William H. Gates III and Cascade Investment acquired 486,000 shares of Republic Services (NASDAQ:RSG) for approximately $101.8 million. The purchases took place from May 14 to May 18, 2026.
Republic Services, a waste management firm with a $66 billion market cap, trades above fair value. Its P/E ratio is 30.85, and it has paid dividends for 24 consecutive years, yielding 1.17%.
Shares were bought at prices ranging from $206.03 to $215.46. Gates and Cascade now hold 110,803,982 shares in total.
Recently, Republic Services reported strong Q1 2026 results, beating earnings and revenue estimates. Oppenheimer maintained an Outperform rating, while Argus downgraded to Hold.
