Capstone Financial Advisors Inc. Takes $226,000 Position in United Rentals, Inc. $URI

Capstone Financial Advisors Inc. bought a new stake in shares of United Rentals, Inc. (NYSE:URI) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 300 shares of the construction company’s stock, valued at approximately $226,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Flaharty Asset Management LLC purchased a new stake in shares of United Rentals during the first quarter valued at approximately $30,000. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of United Rentals by 69.0% in 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. Maseco LLP purchased a new position in shares of United Rentals in the second quarter valued at $32,000. Trust Co. of Toledo NA OH acquired a new stake in United Rentals during the 2nd quarter valued at $38,000. Finally, Clal Insurance Enterprises Holdings Ltd increased its stake in United Rentals by 560.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 66 shares of the construction company’s stock worth $41,000 after buying an additional 56 shares during the period. Hedge funds and other institutional investors own 96.26% of the company’s stock.

Analyst Ratings Changes

URI has been the subject of a number of analyst reports. Sanford C. Bernstein set a $1,128.00 price objective on shares of United Rentals and gave the company an “outperform” rating in a research report on Tuesday, September 23rd. Bank of America boosted their price target on United Rentals from $895.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Robert W. Baird upgraded United Rentals from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $888.00 to $1,050.00 in a research note on Wednesday, October 1st. Evercore ISI restated an “outperform” rating on shares of United Rentals in a report on Tuesday, August 19th. Finally, Baird R W upgraded United Rentals from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $975.61.

United Rentals Stock Down 2.0%

Shares of United Rentals stock opened at $843.44 on Friday. The business has a 50-day moving average price of $934.53 and a 200 day moving average price of $837.56. United Rentals, Inc. has a fifty-two week low of $525.91 and a fifty-two week high of $1,021.47. The firm has a market cap of $53.67 billion, a P/E ratio of 21.69, a P/E/G ratio of 1.97 and a beta of 1.73. The company has a quick ratio of 0.84, a current ratio of 0.90 and a debt-to-equity ratio of 1.40.

United Rentals (NYSE:URI) last released its earnings results on Wednesday, October 22nd. The construction company reported $11.70 EPS for the quarter, missing analysts’ consensus estimates of $12.43 by ($0.73). United Rentals had a return on equity of 31.30% and a net margin of 15.83%.The firm had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.16 billion. During the same period in the prior year, the business earned $11.80 EPS. The company’s quarterly revenue was up 5.9% on a year-over-year basis. United Rentals has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that United Rentals, Inc. will post 44.8 earnings per share for the current fiscal year.

United Rentals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 12th will be issued a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 12th. United Rentals’s payout ratio is currently 18.42%.

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.