Danica Pension Livsforsikringsaktieselskab lowered its position in United Rentals, Inc. (NYSE:URI – Free Report) by 70.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,274 shares of the construction company’s stock after selling 3,052 shares during the period. Danica Pension Livsforsikringsaktieselskab’s holdings in United Rentals were worth $928,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Beacon Investment Advisory Services Inc. raised its holdings in shares of United Rentals by 1,358.7% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 8,227 shares of the construction company’s stock worth $6,658,000 after acquiring an additional 7,663 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in United Rentals by 18.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,756 shares of the construction company’s stock worth $9,514,000 after purchasing an additional 1,846 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in United Rentals by 52.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 3,241 shares of the construction company’s stock worth $2,623,000 after acquiring an additional 1,109 shares in the last quarter. Addenda Capital Inc. lifted its position in shares of United Rentals by 21.3% during the fourth quarter. Addenda Capital Inc. now owns 16,739 shares of the construction company’s stock worth $13,547,000 after purchasing an additional 2,939 shares in the last quarter. Finally, Whittier Trust Co. grew its stake in shares of United Rentals by 2.6% in the fourth quarter. Whittier Trust Co. now owns 61,408 shares of the construction company’s stock worth $54,782,000 after acquiring an additional 1,529 shares in the last quarter. 96.26% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at United Rentals
In related news, SVP Joli L. Gross sold 306 shares of United Rentals stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $954.99, for a total transaction of $292,226.94. Following the completion of the sale, the senior vice president owned 5,738 shares in the company, valued at approximately $5,479,732.62. This trade represents a 5.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Craig Adam Pintoff sold 2,466 shares of United Rentals stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $963.00, for a total transaction of $2,374,758.00. Following the sale, the executive vice president owned 14,774 shares of the company’s stock, valued at approximately $14,227,362. This trade represents a 14.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 26,088 shares of company stock worth $25,628,877. Corporate insiders own 0.47% of the company’s stock.
United Rentals News Summary
- Positive Sentiment: United Rentals reported Q2 EPS of $12.76, beating Wall Street estimates, while revenue of $4.41 billion also topped forecasts. United Rentals (URI) Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company said quarterly results were record highs for revenue, rental revenue, EPS, and adjusted EBITDA, signaling continued demand in its core equipment rental business. United Rentals jumps after record Q2 results and higher 2026 guidance
- Positive Sentiment: Management raised 2026 guidance, including higher revenue and adjusted EBITDA targets, which suggests stronger expected performance for the rest of the year. United Rentals jumps after record Q2 results and higher 2026 guidance
- Neutral Sentiment: Some older analyst commentary remained mixed, including a recent Barclays sell rating, but that appears to have been outweighed by the strong earnings beat and improved outlook. Barclays Gives a Sell Rating to United Rentals (URI)
United Rentals Price Performance
United Rentals stock opened at $1,034.28 on Thursday. The stock has a market capitalization of $64.80 billion, a PE ratio of 26.38, a price-to-earnings-growth ratio of 1.62 and a beta of 1.79. United Rentals, Inc. has a 12 month low of $701.59 and a 12 month high of $1,143.69. The business has a 50 day simple moving average of $1,045.86 and a 200-day simple moving average of $915.44. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.80 and a quick ratio of 0.74.
United Rentals (NYSE:URI – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The construction company reported $12.76 earnings per share for the quarter, beating analysts’ consensus estimates of $11.53 by $1.23. United Rentals had a return on equity of 30.56% and a net margin of 15.32%.The company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same quarter in the previous year, the company earned $10.47 EPS. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. Equities analysts predict that United Rentals, Inc. will post 46.85 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms recently commented on URI. Sanford C. Bernstein set a $903.00 target price on United Rentals and gave the stock an “outperform” rating in a research note on Thursday, April 9th. JPMorgan Chase & Co. lifted their price objective on United Rentals from $1,050.00 to $1,100.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Robert W. Baird boosted their price objective on United Rentals from $970.00 to $1,100.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Barclays raised their target price on shares of United Rentals from $600.00 to $715.00 and gave the company an “underweight” rating in a report on Friday, April 24th. Finally, Weiss Ratings downgraded shares of United Rentals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 9th. Fourteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, United Rentals currently has a consensus rating of “Moderate Buy” and an average target price of $1,140.00.
View Our Latest Analysis on URI
United Rentals Profile
United Rentals, Inc (NYSE: URI) is a leading equipment rental company headquartered in Stamford, Connecticut. The firm provides rental solutions and related services to construction, industrial, commercial, and municipal customers. Its business model centers on providing access to a broad fleet of equipment on a short-term or long-term basis, enabling customers to avoid the capital expenditure of ownership and to scale equipment use to match project needs.
The company’s product and service offerings span general construction equipment and a range of specialty categories, including aerial work platforms, earthmoving and excavation machines, material handling equipment, pumps, power and HVAC systems, trench and shoring solutions, and tools.
Featured Articles
- Five stocks we like better than United Rentals
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding URI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Rentals, Inc. (NYSE:URI – Free Report).
Receive News & Ratings for United Rentals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Rentals and related companies with MarketBeat.com's FREE daily email newsletter.
