United Rentals, Inc. $URI Stock: GRIMES & Co WEALTH MANAGEMENT LLC Reduces Stake

Posted by Stanley Muller on Nov 5th, 2026

GRIMES & Co WEALTH MANAGEMENT LLC lowered its stake in shares of United Rentals, Inc. (NYSE:URI – Free Report) by 76.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 264 shares of the construction company’s stock after selling 843 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in United Rentals were worth $264,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in URI. Cidel Asset Management Inc. increased its stake in United Rentals by 2.4% during the second quarter. Cidel Asset Management Inc. now owns 425 shares of the construction company’s stock valued at $481,000 after acquiring an additional 10 shares during the period. SBI Securities Co. Ltd. raised its holdings in United Rentals by 3.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 331 shares of the construction company’s stock valued at $331,000 after acquiring an additional 10 shares in the last quarter. CoreCap Advisors LLC raised its holdings in United Rentals by 16.9% in the 2nd quarter. CoreCap Advisors LLC now owns 76 shares of the construction company’s stock valued at $86,000 after acquiring an additional 11 shares in the last quarter. Parallel Advisors LLC raised its holdings in United Rentals by 0.8% in the 1st quarter. Parallel Advisors LLC now owns 1,485 shares of the construction company’s stock valued at $1,082,000 after acquiring an additional 12 shares in the last quarter. Finally, Frazier Financial Advisors LLC grew its holdings in shares of United Rentals by 33.3% during the 1st quarter. Frazier Financial Advisors LLC now owns 56 shares of the construction company’s stock worth $41,000 after purchasing an additional 14 shares in the last quarter. Institutional investors own 96.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on URI. Zacks Research upgraded United Rentals from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 22nd. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,350.00 target price on shares of United Rentals in a research report on Monday. Citigroup reiterated a “buy” rating on shares of United Rentals in a research note on Monday, September 14th. Royal Bank Of Canada boosted their price target on shares of United Rentals from $1,323.00 to $1,392.00 and gave the company an “outperform” rating in a report on Friday, October 23rd. Finally, Wells Fargo & Company increased their price objective on shares of United Rentals from $1,245.00 to $1,355.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, United Rentals has a consensus rating of “Moderate Buy” and a consensus price target of $1,292.88.

View Our Latest Stock Analysis on URI

United Rentals Trading Down 4.3%

Shares of United Rentals stock opened at $1,125.02 on Thursday. The stock has a market capitalization of $69.66 billion, a P/E ratio of 24.73, a price-to-earnings-growth ratio of 1.64 and a beta of 1.82. The company has a quick ratio of 0.73, a current ratio of 0.80 and a debt-to-equity ratio of 1.35. The company has a 50-day simple moving average of $1,053.99 and a 200 day simple moving average of $974.16. United Rentals, Inc. has a 12-month low of $701.59 and a 12-month high of $1,202.12.

United Rentals (NYSE:URI – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The construction company reported $15.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $13.97 by $1.58. The firm had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.71 billion. United Rentals had a net margin of 16.33% and a return on equity of 33.47%. The firm’s quarterly revenue was up 15.7% on a year-over-year basis. During the same period last year, the firm posted $11.70 EPS. Research analysts expect that United Rentals, Inc. will post 51.51 earnings per share for the current fiscal year.

United Rentals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be paid a $1.97 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $7.88 dividend on an annualized basis and a dividend yield of 0.7%. United Rentals’s payout ratio is 17.32%.

United Rentals Profile

(Free Report)

United Rentals, Inc is an equipment rental company serving construction, industrial, infrastructure, utilities, government and other commercial customers. The company provides access to equipment and related services through a network of rental locations, helping customers manage projects without purchasing and maintaining all of the equipment they need.

Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling equipment, general construction tools, trucks and trailers, and light-duty equipment.