Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of United Rentals, Inc. (NYSE:URI). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in United Rentals stock on April 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.
Representative Maria Elvira Salazar also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Carrier Global (NYSE:CARR) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Carrier Global (NYSE:CARR) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 4/22/2026.
- Purchased $1,001 – $15,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/20/2026.
- Purchased $15,001 – $50,000 in shares of Sherwin-Williams (NYSE:SHW) on 4/20/2026.
- Purchased $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 4/17/2026.
- Sold $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 4/17/2026.
- Purchased $1,001 – $15,000 in shares of Voyager Technologies (NYSE:VOYG) on 4/14/2026.
- Purchased $15,001 – $50,000 in shares of Marvell Technology (NASDAQ:MRVL) on 4/6/2026.
- Purchased $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 4/6/2026.
United Rentals Stock Performance
Shares of NYSE:URI traded up $11.80 during midday trading on Tuesday, hitting $949.95. The company had a trading volume of 255,314 shares, compared to its average volume of 647,008. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.80 and a quick ratio of 0.74. The company has a market cap of $59.51 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 1.49 and a beta of 1.83. United Rentals, Inc. has a 12-month low of $681.98 and a 12-month high of $1,021.47. The company has a fifty day moving average of $808.46 and a two-hundred day moving average of $838.00.
United Rentals Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be paid a dividend of $1.97 per share. The ex-dividend date is Wednesday, May 13th. This represents a $7.88 dividend on an annualized basis and a yield of 0.8%. United Rentals’s payout ratio is currently 20.10%.
United Rentals announced that its board has approved a stock repurchase program on Wednesday, January 28th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the construction company to repurchase up to 8.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Wells Fargo & Company upped their price objective on United Rentals from $995.00 to $1,071.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. Morgan Stanley reaffirmed an “overweight” rating and issued a $1,030.00 target price on shares of United Rentals in a report on Friday, April 24th. Sanford C. Bernstein set a $903.00 target price on shares of United Rentals and gave the stock an “outperform” rating in a report on Thursday, April 9th. KeyCorp raised their price objective on United Rentals from $950.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Evercore restated an “outperform” rating and set a $1,101.00 price objective on shares of United Rentals in a research report on Monday. Thirteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, United Rentals currently has a consensus rating of “Moderate Buy” and an average price target of $996.94.
Read Our Latest Stock Report on United Rentals
Institutional Trading of United Rentals
Several institutional investors have recently added to or reduced their stakes in the company. Saturna Capital Corp bought a new stake in United Rentals in the first quarter worth about $211,000. ABN Amro Investment Solutions lifted its stake in United Rentals by 25.9% in the first quarter. ABN Amro Investment Solutions now owns 8,758 shares of the construction company’s stock worth $6,381,000 after purchasing an additional 1,802 shares during the last quarter. Oslo Pensjonsforsikring AS bought a new stake in United Rentals in the first quarter worth about $314,000. Baader Bank Aktiengesellschaft bought a new stake in United Rentals in the first quarter worth about $385,000. Finally, Andra AP fonden lifted its stake in United Rentals by 158.4% in the first quarter. Andra AP fonden now owns 10,648 shares of the construction company’s stock worth $7,758,000 after purchasing an additional 6,528 shares during the last quarter. Institutional investors own 96.26% of the company’s stock.
Insider Activity
In other news, VP Andrew B. Limoges sold 548 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $977.86, for a total transaction of $535,867.28. Following the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Joli L. Gross sold 306 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $954.99, for a total transaction of $292,226.94. Following the transaction, the senior vice president directly owned 5,738 shares in the company, valued at approximately $5,479,732.62. This trade represents a 5.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,088 shares of company stock worth $25,628,877 in the last ninety days. 0.47% of the stock is currently owned by company insiders.
About Representative Salazar
Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.
Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.
United Rentals Company Profile
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.
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