Y Intercept Hong Kong Ltd Has $1.59 Million Stake in McGrath RentCorp $MGRC

Posted by Francis Steltz on Jul 10th, 2026

Y Intercept Hong Kong Ltd trimmed its position in shares of McGrath RentCorp (NASDAQ:MGRC – Free Report) by 48.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,404 shares of the financial services provider’s stock after selling 13,764 shares during the period. Y Intercept Hong Kong Ltd’s holdings in McGrath RentCorp were worth $1,588,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of McGrath RentCorp by 690,151.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 296,808 shares of the financial services provider’s stock worth $31,144,000 after purchasing an additional 296,765 shares during the last quarter. Channing Capital Management LLC grew its holdings in McGrath RentCorp by 39.1% in the 4th quarter. Channing Capital Management LLC now owns 836,894 shares of the financial services provider’s stock valued at $87,815,000 after buying an additional 235,311 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in McGrath RentCorp by 752.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 237,506 shares of the financial services provider’s stock valued at $24,922,000 after buying an additional 209,646 shares during the last quarter. Raymond James Financial Inc. increased its position in McGrath RentCorp by 102.8% in the 3rd quarter. Raymond James Financial Inc. now owns 303,205 shares of the financial services provider’s stock worth $35,566,000 after buying an additional 153,701 shares during the period. Finally, Tredje AP fonden bought a new position in McGrath RentCorp in the 4th quarter worth approximately $12,246,000. 92.05% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at McGrath RentCorp

In other news, VP John Lieffrig sold 500 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of $125.00, for a total value of $62,500.00. Following the completion of the transaction, the vice president owned 23,551 shares in the company, valued at approximately $2,943,875. This represents a 2.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Trease Kristina Van sold 3,783 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $742,475.45. The trade was a 36.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 30,051 shares of company stock worth $3,486,240. 1.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on McGrath RentCorp

McGrath RentCorp Stock Up 0.9%

McGrath RentCorp stock opened at $114.58 on Friday. McGrath RentCorp has a 12 month low of $94.99 and a 12 month high of $128.41. The stock has a market cap of $2.81 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 1.15 and a beta of 0.43. The business has a 50 day moving average price of $114.11 and a two-hundred day moving average price of $112.26.

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

McGrath RentCorp Announces Dividend

The firm also recently declared 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. This represents a $1.98 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, July 17th. McGrath RentCorp’s payout ratio is 31.43%.

McGrath RentCorp Company Profile

(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.