Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB) Stock Short Interest Declines 58.0%

Posted by Brian Himes on Sep 28th, 2026

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Get Free Report) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 8,617,012 shares, a decline of 58.0% from the August 31st total of 20,515,658 shares. Based on an average daily trading volume, of 9,653,303 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.1% of the shares of the company are sold short.

Insider Activity at Sunbelt Rentals Holdings, Inc. Common Stock

In other news, COO John Washburn sold 3,351 shares of the stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $70.00, for a total value of $234,570.00. Following the completion of the sale, the chief operating officer directly owned 72,394 shares of the company’s stock, valued at approximately $5,067,580. This represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.16% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. State Street Corp acquired a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock in the 2nd quarter valued at $440,999,000. Broad Run Investment Management LLC bought a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock in the 2nd quarter worth about $51,353,000. Anchor Capital Advisors LLC acquired a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock during the 2nd quarter worth about $44,923,000. Envestnet Asset Management Inc. bought a new position in Sunbelt Rentals Holdings, Inc. Common Stock during the 2nd quarter valued at about $26,298,000. Finally, Allianz Asset Management GmbH bought a new position in Sunbelt Rentals Holdings, Inc. Common Stock during the 2nd quarter valued at about $22,082,000.

Analysts Set New Price Targets

Several research firms recently commented on SUNB. The Goldman Sachs Group upgraded shares of Sunbelt Rentals Holdings, Inc. Common Stock from a “neutral” rating to a “buy” rating and upped their target price for the company from $78.00 to $93.00 in a research note on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Tuesday, June 30th. KeyCorp boosted their price objective on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, September 10th. Bank of America upped their price objective on shares of Sunbelt Rentals Holdings, Inc. Common Stock from $62.00 to $71.00 and gave the company an “underperform” rating in a research report on Thursday, September 10th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $97.00 target price on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research note on Wednesday, September 16th. Nine analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $87.33.

View Our Latest Stock Report on Sunbelt Rentals Holdings, Inc. Common Stock

Sunbelt Rentals Holdings, Inc. Common Stock Price Performance

NYSE SUNB traded down $0.15 during trading on Monday, reaching $74.91. 4,701,840 shares of the company traded hands, compared to its average volume of 4,313,912. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.87 and a current ratio of 0.94. The stock’s 50 day moving average price is $74.86 and its two-hundred day moving average price is $74.01. The company has a market cap of $30.70 billion and a price-to-earnings ratio of 39.01. Sunbelt Rentals Holdings, Inc. Common Stock has a 1-year low of $61.03 and a 1-year high of $86.68.

Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Get Free Report) last released its quarterly earnings data on Wednesday, September 9th. The company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.19. The company had revenue of $3.12 billion during the quarter. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. As a group, analysts anticipate that Sunbelt Rentals Holdings, Inc. Common Stock will post 4.21 EPS for the current year.

Sunbelt Rentals Holdings, Inc. Common Stock Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.6%. This is a negative change from Sunbelt Rentals Holdings, Inc. Common Stock’s previous quarterly dividend of $0.75. The ex-dividend date is Friday, September 18th. Sunbelt Rentals Holdings, Inc. Common Stock’s dividend payout ratio (DPR) is currently 62.50%.

About Sunbelt Rentals Holdings, Inc. Common Stock

(Get Free Report)

Sunbelt Rentals Holdings, Inc is an equipment rental company that provides tools, machinery and related services to construction, industrial, commercial, infrastructure, government and residential customers. Its rental fleet includes aerial work platforms, earthmoving and material-handling equipment, general tools, power-generation equipment, pumps, heating and cooling systems, and temporary structures.

The company also provides specialized solutions such as trench safety, climate control, event equipment, traffic management and temporary power.