Herc Holdings Inc. to Issue Quarterly Dividend of $0.70 (NYSE:HRI)

Posted by Brian Himes on Aug 19th, 2026

Herc Holdings Inc. (NYSE:HRI – Get Free Report) announced a quarterly dividend on Wednesday, August 19th. Shareholders of record on Wednesday, September 2nd will be given a dividend of 0.70 per share by the transportation company on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Wednesday, September 2nd.

Herc has a payout ratio of 18.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Herc to earn $7.87 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 35.6%.

Herc Price Performance

NYSE:HRI traded up $0.85 during trading hours on Wednesday, hitting $167.67. 302,913 shares of the stock traded hands, compared to its average volume of 578,926. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 4.22. Herc has a 1 year low of $88.45 and a 1 year high of $188.35. The company has a market cap of $5.61 billion, a price-to-earnings ratio of 114.06, a price-to-earnings-growth ratio of 24.09 and a beta of 1.86. The stock has a 50 day moving average price of $152.67 and a 200 day moving average price of $137.38.

Herc (NYSE:HRI – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.67. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.16 billion. Herc had a net margin of 1.01% and a return on equity of 10.33%. The company’s revenue was up 20.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.87 earnings per share. Sell-side analysts forecast that Herc will post 6.93 EPS for the current fiscal year.

Institutional Trading of Herc

A number of large investors have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its holdings in shares of Herc by 342.1% during the 4th quarter. Hantz Financial Services Inc. now owns 168 shares of the transportation company’s stock worth $25,000 after acquiring an additional 130 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Herc in the third quarter valued at $35,000. Caitong International Asset Management Co. Ltd bought a new stake in Herc in the third quarter worth $40,000. NewEdge Advisors LLC increased its position in Herc by 628.8% in the third quarter. NewEdge Advisors LLC now owns 430 shares of the transportation company’s stock worth $50,000 after purchasing an additional 371 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Herc by 50.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 332 shares of the transportation company’s stock valued at $51,000 after purchasing an additional 111 shares in the last quarter. Institutional investors own 93.11% of the company’s stock.

Herc Company Profile

(Get Free Report)

Herc Holdings Inc (NYSE: HRI) operates as a leading equipment rental provider in North America, offering a wide range of machinery and support services to construction, industrial, government and event sectors. The company’s fleet includes aerial work platforms, earthmoving equipment, material handling solutions, power generation units and specialty tools, enabling clients to scale their operations without the capital expense of ownership. In addition to basic machinery rentals, Herc provides value-added services such as equipment maintenance, on-site safety training and project consulting to help customers optimize productivity and maintain compliance with industry standards.

Founded as part of Hertz Global Holdings, the equipment rental business was spun off as an independent public company in early 2016.