Herc (NYSE:HRI) Stock Jumps 4.2% – What’s Next?

Posted by Stanley Muller on Oct 14th, 2026

Herc Holdings Inc. (NYSE:HRI – Get Free Report) shares shot up 4.2% during mid-day trading on Monday. The company traded as high as $128.70 and last traded at $128.6360. Approximately 87,473 shares changed hands during trading, a decline of 85% from the average session volume of 601,725 shares. The stock had previously closed at $123.46.

Analyst Ratings Changes

HRI has been the subject of several analyst reports. KeyCorp upped their target price on shares of Herc from $165.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Citigroup cut their price objective on shares of Herc from $175.00 to $150.00 and set a “buy” rating on the stock in a report on Monday. Wells Fargo & Company cut their price objective on shares of Herc from $218.00 to $176.00 and set an “overweight” rating on the stock in a report on Thursday, October 8th. BNP Paribas Exane upped their price objective on shares of Herc from $160.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. upgraded Herc from a “neutral” rating to an “overweight” rating and raised their target price for the company from $165.00 to $175.00 in a research note on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Herc has an average rating of “Moderate Buy” and an average target price of $174.86.

View Our Latest Research Report on Herc

Herc Stock Up 1.3%

The firm has a fifty day simple moving average of $146.61 and a 200-day simple moving average of $137.77. The company has a market capitalization of $4.31 billion, a PE ratio of 21.45 and a beta of 2.04. The company has a debt-to-equity ratio of 4.22, a quick ratio of 1.10 and a current ratio of 1.10.

Herc (NYSE:HRI – Get Free Report) last released its earnings results on Tuesday, July 28th. The transportation company reported $1.43 EPS for the quarter, beating the consensus estimate of $0.76 by $0.67. Herc had a return on equity of 10.33% and a net margin of 1.01%. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same period in the prior year, the business posted $1.87 EPS. The business’s revenue was up 20.2% on a year-over-year basis. Equities research analysts anticipate that Herc Holdings Inc. will post 7.05 EPS for the current fiscal year.

Herc Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Wednesday, September 2nd were issued a $0.70 dividend. The ex-dividend date of this dividend was Wednesday, September 2nd. This represents a $2.80 annualized dividend and a yield of 2.2%. Herc’s dividend payout ratio is currently 190.48%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HRI. State of Wyoming boosted its holdings in shares of Herc by 21.0% in the first quarter. State of Wyoming now owns 616 shares of the transportation company’s stock worth $61,000 after buying an additional 107 shares during the period. HighTower Advisors LLC increased its position in shares of Herc by 4.1% in the second quarter. HighTower Advisors LLC now owns 3,386 shares of the transportation company’s stock worth $485,000 after acquiring an additional 134 shares in the last quarter. Swiss National Bank raised its holdings in shares of Herc by 0.3% during the first quarter. Swiss National Bank now owns 62,557 shares of the transportation company’s stock valued at $6,228,000 after acquiring an additional 200 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Herc by 61.4% during the first quarter. NewEdge Advisors LLC now owns 694 shares of the transportation company’s stock valued at $69,000 after acquiring an additional 264 shares during the period. Finally, Midwest Financial Group LLC raised its holdings in shares of Herc by 14.5% during the first quarter. Midwest Financial Group LLC now owns 2,465 shares of the transportation company’s stock valued at $245,000 after acquiring an additional 312 shares during the period. 93.11% of the stock is currently owned by institutional investors.

Herc Company Profile

(Get Free Report)

Herc Holdings Inc is an equipment rental supplier operating under the Herc Rentals brand. The company provides construction, industrial, commercial and government customers with access to equipment and related services without requiring them to purchase and maintain their own fleets.

Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling equipment, trucks and trailers, and general construction tools. Herc Rentals also offers specialty equipment and services for power generation, climate control, pumps, remediation, trench safety, and other specialized project requirements.