Cooke & Bieler LP Makes New Investment in Sunbelt Rentals Holdings, Inc. Common Stock $SUNB

Posted by Brenda Bartman on Oct 22nd, 2026

Cooke & Bieler LP purchased a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,094,665 shares of the company’s stock, valued at approximately $153,350,000. Sunbelt Rentals Holdings, Inc. Common Stock comprises about 2.3% of Cooke & Bieler LP’s investment portfolio, making the stock its 7th biggest position.

Several other hedge funds have also added to or reduced their stakes in the business. Parkside Financial Bank & Trust bought a new position in Sunbelt Rentals Holdings, Inc. Common Stock during the second quarter worth $25,000. Allworth Financial LP bought a new position in shares of Sunbelt Rentals Holdings, Inc. Common Stock in the second quarter valued at about $30,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of Sunbelt Rentals Holdings, Inc. Common Stock in the third quarter valued at about $31,000. Versant Capital Management Inc raised its position in shares of Sunbelt Rentals Holdings, Inc. Common Stock by 90.4% in the third quarter. Versant Capital Management Inc now owns 916 shares of the company’s stock valued at $67,000 after purchasing an additional 435 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock during the 2nd quarter worth about $83,000.

Wall Street Analysts Forecast Growth

SUNB has been the subject of several research analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $97.00 target price on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Wednesday, September 16th. Wells Fargo & Company assumed coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Monday, August 17th. They issued an “overweight” rating and a $96.00 price target on the stock. Royal Bank Of Canada reissued a “sector perform” rating and issued a $80.00 price target on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Thursday, September 17th. The Goldman Sachs Group upgraded shares of Sunbelt Rentals Holdings, Inc. Common Stock from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $78.00 to $93.00 in a research report on Wednesday, September 16th. Finally, Morgan Stanley restated an “overweight” rating on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday, September 21st. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Sunbelt Rentals Holdings, Inc. Common Stock presently has an average rating of “Hold” and a consensus target price of $87.33.

Read Our Latest Stock Report on Sunbelt Rentals Holdings, Inc. Common Stock

Sunbelt Rentals Holdings, Inc. Common Stock Stock Performance

SUNB opened at $78.56 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.94 and a quick ratio of 0.87. The business has a fifty day simple moving average of $74.70 and a 200 day simple moving average of $75.02. Sunbelt Rentals Holdings, Inc. Common Stock has a 1 year low of $61.03 and a 1 year high of $86.68. The company has a market capitalization of $32.19 billion and a PE ratio of 40.92.

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Get Free Report) last posted its quarterly earnings data on Wednesday, September 9th. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.19. The firm had revenue of $3.12 billion for the quarter. The company’s revenue was up 11.2% on a year-over-year basis. Research analysts expect that Sunbelt Rentals Holdings, Inc. Common Stock will post 4.21 EPS for the current year.

Sunbelt Rentals Holdings, Inc. Common Stock Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 18th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, September 18th. This is a drop from Sunbelt Rentals Holdings, Inc. Common Stock’s previous quarterly dividend of $0.75. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. Sunbelt Rentals Holdings, Inc. Common Stock’s dividend payout ratio (DPR) is presently 62.50%.

About Sunbelt Rentals Holdings, Inc. Common Stock

(Free Report)

Sunbelt Rentals Holdings, Inc is an equipment rental company that provides construction, industrial, commercial and specialty equipment to businesses, government agencies and consumers. Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling machinery, general tools, power-generation and climate-control equipment, pumps, trench-safety products, traffic and safety equipment, and temporary structures.

The company supports a range of applications, including construction and infrastructure projects, industrial maintenance, facility management, disaster response, utilities, entertainment and events.