John Skenesky Sells 2,000 Shares of McGrath RentCorp (NASDAQ:MGRC) Stock

Posted by Francis Steltz on Aug 13th, 2026

McGrath RentCorp (NASDAQ:MGRC – Get Free Report) VP John Skenesky sold 2,000 shares of McGrath RentCorp stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $120.41, for a total transaction of $240,820.00. Following the transaction, the vice president directly owned 10,634 shares in the company, valued at approximately $1,280,439.94. This represents a 15.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

McGrath RentCorp Trading Down 0.0%

Shares of MGRC stock traded down $0.06 during trading on Thursday, hitting $120.48. The company’s stock had a trading volume of 91,344 shares, compared to its average volume of 185,247. The company has a market cap of $2.94 billion, a PE ratio of 19.40, a P/E/G ratio of 1.22 and a beta of 0.44. The business has a fifty day moving average of $117.45 and a 200-day moving average of $113.97. McGrath RentCorp has a 52 week low of $94.99 and a 52 week high of $127.68.

McGrath RentCorp (NASDAQ:MGRC – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.10). McGrath RentCorp had a return on equity of 12.44% and a net margin of 16.38%.The business had revenue of $221.11 million for the quarter, compared to the consensus estimate of $236.51 million. As a group, research analysts predict that McGrath RentCorp will post 6.37 EPS for the current year.

McGrath RentCorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 17th were issued a $0.495 dividend. This represents a $1.98 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, July 17th. McGrath RentCorp’s payout ratio is 31.88%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of McGrath RentCorp from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $141.50.

Get Our Latest Report on MGRC

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MGRC. River Road Asset Management LLC raised its stake in McGrath RentCorp by 3.1% in the 4th quarter. River Road Asset Management LLC now owns 2,131,121 shares of the financial services provider’s stock valued at $223,619,000 after acquiring an additional 64,566 shares during the period. BlackRock Inc. bought a new position in McGrath RentCorp during the second quarter worth about $252,840,000. Eminence Capital LP increased its stake in shares of McGrath RentCorp by 0.5% in the fourth quarter. Eminence Capital LP now owns 949,673 shares of the financial services provider’s stock worth $99,649,000 after purchasing an additional 4,701 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of McGrath RentCorp by 5.5% in the first quarter. Dimensional Fund Advisors LP now owns 906,954 shares of the financial services provider’s stock valued at $100,019,000 after purchasing an additional 47,451 shares during the period. Finally, Victory Capital Management Inc. raised its position in shares of McGrath RentCorp by 0.7% in the fourth quarter. Victory Capital Management Inc. now owns 900,181 shares of the financial services provider’s stock valued at $94,456,000 after purchasing an additional 6,552 shares during the period. Institutional investors own 92.05% of the company’s stock.

McGrath RentCorp Company Profile

(Get Free Report)

McGrath RentCorp, through its subsidiaries, provides rental, sales, and servicing of equipment for commercial, industrial, environmental, and residential markets. The company operates primarily through two segments—mobile storage and water management—offering flexible solutions for customers requiring on-site storage, water transport, treatment, and dewatering services.

In its mobile storage segment, McGrath RentCorp supplies portable storage containers and modular office units to sectors including construction, retail, government, and disaster restoration.