River Road Asset Management LLC Buys 64,566 Shares of McGrath RentCorp $MGRC

Posted by Brian Himes on Jun 19th, 2026

River Road Asset Management LLC lifted its stake in shares of McGrath RentCorp (NASDAQ:MGRC – Free Report) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,131,121 shares of the financial services provider’s stock after purchasing an additional 64,566 shares during the quarter. McGrath RentCorp comprises approximately 2.5% of River Road Asset Management LLC’s portfolio, making the stock its 5th biggest position. River Road Asset Management LLC owned about 0.09% of McGrath RentCorp worth $223,619,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Vision One Management Partners LP increased its stake in McGrath RentCorp by 133.8% in the 4th quarter. Vision One Management Partners LP now owns 54,746 shares of the financial services provider’s stock valued at $5,744,000 after buying an additional 31,334 shares during the period. EP Wealth Advisors LLC purchased a new position in McGrath RentCorp during the 4th quarter worth $348,000. Voloridge Investment Management LLC raised its position in McGrath RentCorp by 237.1% during the 4th quarter. Voloridge Investment Management LLC now owns 44,165 shares of the financial services provider’s stock worth $4,634,000 after buying an additional 31,063 shares during the last quarter. Millennium Management LLC lifted its stake in shares of McGrath RentCorp by 0.5% in the 4th quarter. Millennium Management LLC now owns 51,504 shares of the financial services provider’s stock worth $5,404,000 after acquiring an additional 266 shares during the period. Finally, Inspire Investing LLC lifted its stake in shares of McGrath RentCorp by 15.0% in the 4th quarter. Inspire Investing LLC now owns 4,454 shares of the financial services provider’s stock worth $467,000 after acquiring an additional 581 shares during the period. 92.05% of the stock is owned by institutional investors and hedge funds.

McGrath RentCorp Trading Up 3.9%

Shares of MGRC stock opened at $118.19 on Friday. The stock has a 50 day simple moving average of $112.84 and a 200-day simple moving average of $110.84. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 1.16 and a beta of 0.44. McGrath RentCorp has a 12-month low of $94.99 and a 12-month high of $128.41.

McGrath RentCorp (NASDAQ:MGRC – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.03). McGrath RentCorp had a net margin of 16.38% and a return on equity of 12.84%. The business had revenue of $198.54 million during the quarter, compared to analysts’ expectations of $198.19 million. On average, equities analysts forecast that McGrath RentCorp will post 6.35 earnings per share for the current fiscal year.

McGrath RentCorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be issued a $0.495 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $1.98 dividend on an annualized basis and a yield of 1.7%. McGrath RentCorp’s dividend payout ratio (DPR) is 31.43%.

Insiders Place Their Bets

In other McGrath RentCorp news, SVP Gilda Malek sold 1,407 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $114.04, for a total transaction of $160,454.28. Following the sale, the senior vice president directly owned 8,018 shares in the company, valued at approximately $914,372.72. The trade was a 14.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Trease Kristina Van sold 3,783 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $113.65, for a total transaction of $429,937.95. Following the transaction, the insider directly owned 6,533 shares in the company, valued at approximately $742,475.45. This trade represents a 36.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 20,051 shares of company stock worth $2,268,940 in the last ninety days. 1.40% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of McGrath RentCorp from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $141.50.

Check Out Our Latest Analysis on MGRC

About McGrath RentCorp

(Free Report)

McGrath RentCorp, through its subsidiaries, provides rental, sales, and servicing of equipment for commercial, industrial, environmental, and residential markets. The company operates primarily through two segments—mobile storage and water management—offering flexible solutions for customers requiring on-site storage, water transport, treatment, and dewatering services.

In its mobile storage segment, McGrath RentCorp supplies portable storage containers and modular office units to sectors including construction, retail, government, and disaster restoration.