United Rentals, Inc. $URI Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. decreased its position in United Rentals, Inc. (NYSE:URI) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,040 shares of the construction company’s stock after selling 40 shares during the quarter. Koshinski Asset Management Inc.’s holdings in United Rentals were worth $783,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of URI. TruNorth Capital Management LLC boosted its stake in shares of United Rentals by 1,266.7% during the 1st quarter. TruNorth Capital Management LLC now owns 41 shares of the construction company’s stock valued at $26,000 after buying an additional 38 shares during the last quarter. Fourth Dimension Wealth LLC purchased a new position in shares of United Rentals during the 1st quarter valued at approximately $26,000. Maseco LLP purchased a new position in shares of United Rentals during the 2nd quarter valued at approximately $32,000. Flaharty Asset Management LLC purchased a new position in shares of United Rentals during the 1st quarter valued at approximately $30,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of United Rentals by 69.0% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 49 shares of the construction company’s stock valued at $31,000 after buying an additional 20 shares during the last quarter. Institutional investors and hedge funds own 96.26% of the company’s stock.

United Rentals Stock Performance

Shares of URI opened at $979.96 on Monday. The business’s fifty day moving average price is $950.90 and its 200 day moving average price is $799.56. United Rentals, Inc. has a 12-month low of $525.91 and a 12-month high of $1,021.47. The stock has a market capitalization of $63.05 billion, a PE ratio of 25.34, a price-to-earnings-growth ratio of 2.26 and a beta of 1.73. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.86 and a quick ratio of 0.80.

United Rentals (NYSE:URI) last posted its earnings results on Wednesday, July 23rd. The construction company reported $10.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.54 by ($0.07). The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $3.90 billion. United Rentals had a net margin of 16.11% and a return on equity of 32.01%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $10.70 earnings per share. United Rentals has set its FY 2025 guidance at EPS. Equities research analysts forecast that United Rentals, Inc. will post 44.8 EPS for the current year.

United Rentals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th were paid a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, August 13th. United Rentals’s dividend payout ratio (DPR) is presently 18.52%.

Analysts Set New Price Targets

Several equities analysts have recently commented on URI shares. Sanford C. Bernstein set a $1,128.00 target price on United Rentals and gave the company an “outperform” rating in a research note on Tuesday, September 23rd. Morgan Stanley increased their target price on United Rentals from $702.00 to $955.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Barclays increased their target price on United Rentals from $565.00 to $620.00 and gave the company an “underweight” rating in a research note on Monday, July 21st. Evercore ISI restated an “outperform” rating on shares of United Rentals in a research note on Tuesday, August 19th. Finally, KeyCorp raised their price objective on United Rentals from $1,075.00 to $1,120.00 and gave the stock an “overweight” rating in a research note on Thursday, September 25th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, United Rentals has a consensus rating of “Moderate Buy” and a consensus price target of $956.13.

United Rentals Company Profile

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.