United Rentals, Inc. $URI Shares Bought by Roundview Capital LLC

Roundview Capital LLC boosted its holdings in shares of United Rentals, Inc. (NYSE:URI) by 9.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,909 shares of the construction company’s stock after purchasing an additional 496 shares during the period. Roundview Capital LLC’s holdings in United Rentals were worth $4,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fourth Dimension Wealth LLC acquired a new position in United Rentals during the first quarter valued at $26,000. TruNorth Capital Management LLC lifted its position in United Rentals by 1,266.7% during the first quarter. TruNorth Capital Management LLC now owns 41 shares of the construction company’s stock valued at $26,000 after purchasing an additional 38 shares during the period. Flaharty Asset Management LLC acquired a new position in United Rentals during the first quarter valued at $30,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in United Rentals by 69.0% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 49 shares of the construction company’s stock valued at $31,000 after purchasing an additional 20 shares during the period. Finally, Maseco LLP acquired a new position in United Rentals during the second quarter valued at $32,000. 96.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on URI. Argus set a $935.00 price objective on shares of United Rentals in a research report on Tuesday, August 12th. JPMorgan Chase & Co. upped their price objective on shares of United Rentals from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Monday, September 22nd. Barclays upped their price objective on shares of United Rentals from $565.00 to $620.00 and gave the stock an “underweight” rating in a research report on Monday, July 21st. Robert W. Baird upgraded shares of United Rentals from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $888.00 to $1,050.00 in a research report on Wednesday, October 1st. Finally, BNP Paribas set a $900.00 price objective on shares of United Rentals and gave the stock a “neutral” rating in a research report on Tuesday, September 16th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, United Rentals has an average rating of “Moderate Buy” and an average target price of $941.00.

United Rentals Stock Up 0.6%

URI opened at $986.21 on Tuesday. United Rentals, Inc. has a twelve month low of $525.91 and a twelve month high of $997.50. The company has a quick ratio of 0.80, a current ratio of 0.86 and a debt-to-equity ratio of 1.34. The company has a 50-day moving average price of $929.39 and a 200 day moving average price of $777.32. The company has a market cap of $63.45 billion, a PE ratio of 25.50, a price-to-earnings-growth ratio of 2.27 and a beta of 1.73.

United Rentals (NYSE:URI) last released its quarterly earnings results on Wednesday, July 23rd. The construction company reported $10.47 earnings per share for the quarter, missing the consensus estimate of $10.54 by ($0.07). United Rentals had a return on equity of 32.01% and a net margin of 16.11%.The company had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.90 billion. During the same quarter last year, the company earned $10.70 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. United Rentals has set its FY 2025 guidance at EPS. Sell-side analysts expect that United Rentals, Inc. will post 44.8 earnings per share for the current fiscal year.

United Rentals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th were given a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, August 13th. United Rentals’s dividend payout ratio is 18.52%.

United Rentals Company Profile

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.