42,822 Shares in Sunbelt Rentals Holdings, Inc. Common Stock $SUNB Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Posted by Geri Gentry on Oct 23rd, 2026

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 42,822 shares of the company’s stock, valued at approximately $3,135,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of SUNB. James Hambro & Partners LLP raised its position in shares of Sunbelt Rentals Holdings, Inc. Common Stock by 1.7% in the 3rd quarter. James Hambro & Partners LLP now owns 1,195,451 shares of the company’s stock valued at $88,488,000 after purchasing an additional 20,294 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in shares of Sunbelt Rentals Holdings, Inc. Common Stock during the 3rd quarter valued at approximately $4,034,000. TD Waterhouse Canada Inc. grew its position in shares of Sunbelt Rentals Holdings, Inc. Common Stock by 20.5% during the third quarter. TD Waterhouse Canada Inc. now owns 86,541 shares of the company’s stock worth $6,546,000 after buying an additional 14,733 shares in the last quarter. Weaver Capital Management LLC acquired a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock during the third quarter worth approximately $205,000. Finally, Formuepleje A S acquired a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock during the third quarter worth approximately $2,968,000.

Sunbelt Rentals Holdings, Inc. Common Stock Trading Up 0.3%

NYSE:SUNB opened at $78.72 on Friday. The company has a market cap of $32.26 billion and a PE ratio of 41.00. The business’s 50 day moving average is $74.65 and its two-hundred day moving average is $75.13. The company has a quick ratio of 0.87, a current ratio of 0.94 and a debt-to-equity ratio of 1.08. Sunbelt Rentals Holdings, Inc. Common Stock has a 52 week low of $61.03 and a 52 week high of $86.68.

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Get Free Report) last issued its quarterly earnings results on Wednesday, September 9th. The company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.19. The firm had revenue of $3.12 billion during the quarter. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, analysts predict 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 company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 18th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.5%. This is a drop from Sunbelt Rentals Holdings, Inc. Common Stock’s previous quarterly dividend of $0.75. The ex-dividend date was Friday, September 18th. Sunbelt Rentals Holdings, Inc. Common Stock’s dividend payout ratio (DPR) is 62.50%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on SUNB shares. JPMorgan Chase & Co. lifted their price target on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $71.00 to $79.00 and gave the stock an “underweight” rating in a research note on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Tuesday, June 30th. Royal Bank Of Canada reissued a “sector perform” rating and set a $80.00 price objective on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Thursday, September 17th. Weiss Ratings lowered shares of Sunbelt Rentals Holdings, Inc. Common Stock from a “buy (b)” rating to a “hold (c+)” rating in a report on Monday, September 28th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Monday, September 21st. Eight analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $87.33.

Get Our Latest Analysis on Sunbelt Rentals Holdings, Inc. Common Stock

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.