NewEdge Wealth LLC Decreases Holdings in United Rentals, Inc. $URI

Posted by Francis Steltz on May 12th, 2026

NewEdge Wealth LLC decreased its position in shares of United Rentals, Inc. (NYSE:URI – Free Report) by 33.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,266 shares of the construction company’s stock after selling 2,162 shares during the quarter. NewEdge Wealth LLC’s holdings in United Rentals were worth $3,452,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Gleason Group Inc. boosted its stake in shares of United Rentals by 4.3% during the 4th quarter. Gleason Group Inc. now owns 269 shares of the construction company’s stock worth $218,000 after acquiring an additional 11 shares in the last quarter. Bridgewater Advisors Inc. raised its position in shares of United Rentals by 1.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 967 shares of the construction company’s stock worth $783,000 after purchasing an additional 11 shares during the last quarter. Great Valley Advisor Group Inc. raised its position in shares of United Rentals by 2.9% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 387 shares of the construction company’s stock worth $292,000 after purchasing an additional 11 shares during the last quarter. Howard Capital Management Inc. raised its position in shares of United Rentals by 3.1% during the 3rd quarter. Howard Capital Management Inc. now owns 395 shares of the construction company’s stock worth $377,000 after purchasing an additional 12 shares during the last quarter. Finally, Fearless Solutions LLC dba Best Invest raised its position in shares of United Rentals by 2.2% during the 4th quarter. Fearless Solutions LLC dba Best Invest now owns 554 shares of the construction company’s stock worth $448,000 after purchasing an additional 12 shares during the last quarter. Hedge funds and other institutional investors own 96.26% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Craig Adam Pintoff sold 2,466 shares of United Rentals stock in a transaction on Monday, April 27th. The stock was sold at an average price of $963.00, for a total value of $2,374,758.00. Following the transaction, the executive vice president owned 14,774 shares in the company, valued at approximately $14,227,362. This trade represents a 14.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Andrew B. Limoges sold 548 shares of the business’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $977.86, for a total value of $535,867.28. Following the sale, the vice president directly owned 1,865 shares of the company’s stock, valued at approximately $1,823,708.90. This trade represents a 22.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 26,088 shares of company stock valued at $25,628,877. Insiders own 0.47% of the company’s stock.

United Rentals Trading Up 0.2%

Shares of URI opened at $938.73 on Tuesday. The stock has a fifty day moving average of $808.46 and a two-hundred day moving average of $838.00. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.74 and a current ratio of 0.80. The company has a market capitalization of $58.81 billion, a PE ratio of 23.95, a price-to-earnings-growth ratio of 1.49 and a beta of 1.83. United Rentals, Inc. has a fifty-two week low of $681.98 and a fifty-two week high of $1,021.47.

United Rentals (NYSE:URI – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The construction company reported $9.71 earnings per share for the quarter, missing the consensus estimate of $11.47 by ($1.76). The business had revenue of $3.99 billion during the quarter, compared to analyst estimates of $4.20 billion. United Rentals had a net margin of 15.32% and a return on equity of 30.56%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $8.86 earnings per share. As a group, analysts forecast that United Rentals, Inc. will post 46.99 EPS for the current year.

United Rentals announced that its board has initiated a share buyback plan on Wednesday, January 28th that permits the company to buyback $5.00 billion in shares. This buyback authorization permits the construction company to reacquire up to 8.7% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

United Rentals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be issued a $1.97 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $7.88 annualized dividend and a yield of 0.8%. United Rentals’s payout ratio is 20.10%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on URI. Barclays lifted their price objective on United Rentals from $600.00 to $715.00 and gave the stock an “underweight” rating in a research report on Friday, April 24th. Truist Financial set a $1,209.00 price objective on United Rentals in a research report on Friday, April 24th. Royal Bank Of Canada lifted their price objective on United Rentals from $1,041.00 to $1,119.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. KeyCorp lifted their price objective on United Rentals from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Finally, Citigroup boosted their price target on United Rentals from $950.00 to $1,130.00 and gave the company a “buy” rating in a report on Friday, April 24th. Thirteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $996.94.

Get Our Latest Stock Report on United Rentals

About United Rentals

(Free Report)

United Rentals, Inc (NYSE: URI) is a leading equipment rental company headquartered in Stamford, Connecticut. The firm provides rental solutions and related services to construction, industrial, commercial, and municipal customers. Its business model centers on providing access to a broad fleet of equipment on a short-term or long-term basis, enabling customers to avoid the capital expenditure of ownership and to scale equipment use to match project needs.

The company’s product and service offerings span general construction equipment and a range of specialty categories, including aerial work platforms, earthmoving and excavation machines, material handling equipment, pumps, power and HVAC systems, trench and shoring solutions, and tools.