Varma Mutual Pension Insurance Co Invests $13.97 Million in United Rentals, Inc. $URI

Posted by Francis Steltz on Aug 24th, 2026

Varma Mutual Pension Insurance Co acquired a new stake in shares of United Rentals, Inc. (NYSE:URI – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,335 shares of the construction company’s stock, valued at approximately $13,974,000.

A number of other institutional investors have also made changes to their positions in the stock. Core Wealth Advisors LLC bought a new stake in United Rentals during the fourth quarter worth approximately $28,000. MV Capital Management Inc. acquired a new position in United Rentals during the fourth quarter valued at approximately $28,000. MidFirst Bank acquired a new position in United Rentals during the second quarter valued at approximately $31,000. Laurel Wealth Advisors LLC bought a new position in shares of United Rentals in the fourth quarter valued at approximately $32,000. Finally, Hilton Head Capital Partners LLC bought a new position in shares of United Rentals in the fourth quarter valued at approximately $34,000. 96.26% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP William E. Grace sold 1,500 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $1,133.15, for a total value of $1,699,725.00. Following the completion of the sale, the executive vice president owned 6,062 shares in the company, valued at approximately $6,869,155.30. This trade represents a 19.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on URI shares. Citigroup upped their price objective on shares of United Rentals from $1,270.00 to $1,330.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Wall Street Zen upgraded shares of United Rentals from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Argus reissued a “buy” rating and set a $1,250.00 target price on shares of United Rentals in a research report on Tuesday, August 4th. JPMorgan Chase & Co. upped their price target on shares of United Rentals from $1,100.00 to $1,235.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Finally, Evercore reaffirmed an “outperform” rating and issued a $1,101.00 price target on shares of United Rentals in a research report on Monday, May 11th. 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,246.19.

View Our Latest Research Report on URI

United Rentals Trading Down 0.3%

Shares of United Rentals stock opened at $1,095.21 on Monday. The company’s fifty day simple moving average is $1,099.22 and its 200-day simple moving average is $950.71. The company has a market cap of $68.17 billion, a price-to-earnings ratio of 26.30, a PEG ratio of 1.42 and a beta of 1.80. The company has a current ratio of 0.76, a quick ratio of 0.70 and a debt-to-equity ratio of 1.38. United Rentals, Inc. has a 1 year low of $701.59 and a 1 year high of $1,179.18.

United Rentals (NYSE:URI – Get Free Report) last announced its earnings results on Tuesday, July 21st. The construction company reported $12.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.53 by $1.23. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.22 billion. United Rentals had a net margin of 15.67% and a return on equity of 31.72%. United Rentals’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $10.47 earnings per share. As a group, sell-side analysts expect that United Rentals, Inc. will post 48.55 EPS for the current year.

United Rentals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 12th will be issued 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 payout ratio is presently 18.92%.

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.