Citizens Financial Group Inc. RI Buys Shares of 24,337 United Rentals, Inc. $URI

Posted by Brian Himes on Aug 18th, 2026

Citizens Financial Group Inc. RI acquired a new stake in United Rentals, Inc. (NYSE:URI – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 24,337 shares of the construction company’s stock, valued at approximately $27,571,000.

Other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in United Rentals in the second quarter worth approximately $5,816,326,000. Capital World Investors grew its stake in United Rentals by 1.1% in the fourth quarter. Capital World Investors now owns 2,708,877 shares of the construction company’s stock valued at $2,192,357,000 after acquiring an additional 30,263 shares during the period. Franklin Resources Inc. increased its holdings in shares of United Rentals by 2.2% during the fourth quarter. Franklin Resources Inc. now owns 1,343,981 shares of the construction company’s stock valued at $1,087,711,000 after acquiring an additional 28,895 shares in the last quarter. Norges Bank bought a new stake in shares of United Rentals during the fourth quarter valued at approximately $978,017,000. Finally, Bank of America Corp DE raised its position in shares of United Rentals by 14.7% during the first quarter. Bank of America Corp DE now owns 806,380 shares of the construction company’s stock worth $587,496,000 after purchasing an additional 103,371 shares during the period. 96.26% of the stock is currently owned by institutional investors and hedge funds.

United Rentals Price Performance

URI opened at $1,166.11 on Tuesday. The firm has a market cap of $72.58 billion, a P/E ratio of 28.00, a PEG ratio of 1.49 and a beta of 1.80. The firm has a 50-day moving average of $1,096.63 and a 200 day moving average of $942.44. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.70 and a current ratio of 0.76. United Rentals, Inc. has a fifty-two week low of $701.59 and a fifty-two week high of $1,179.18.

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 the consensus estimate of $11.53 by $1.23. The business had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.22 billion. United Rentals had a return on equity of 31.72% and a net margin of 15.67%.United Rentals’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company earned $10.47 earnings per share. On average, research analysts expect that United Rentals, Inc. will post 48.55 EPS for the current year.

United Rentals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 12th will be given a dividend of $1.97 per share. The ex-dividend date is Wednesday, August 12th. This represents a $7.88 annualized dividend and a dividend yield of 0.7%. United Rentals’s dividend payout ratio is currently 18.92%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on URI shares. Royal Bank Of Canada raised their price objective on shares of United Rentals from $1,041.00 to $1,119.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Raymond James Financial reissued an “outperform” rating and set a $1,275.00 target price on shares of United Rentals in a research report on Wednesday, June 10th. Weiss Ratings upgraded shares of United Rentals from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Truist Financial raised their price target on shares of United Rentals from $1,421.00 to $1,466.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, Zacks Research upgraded United Rentals from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat, United Rentals currently has a consensus rating of “Moderate Buy” and an average price target of $1,246.19.

Check Out Our Latest Stock Report on United Rentals

Insider Buying and Selling at United Rentals

In related news, EVP William E. Grace sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $1,133.15, for a total transaction of $1,699,725.00. Following the completion of the transaction, the executive vice president owned 6,062 shares of the company’s stock, valued at approximately $6,869,155.30. The trade was a 19.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.47% of the stock is currently owned by corporate insiders.

United Rentals Profile

(Free Report)

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.