Sterling Capital Management LLC Buys 11,873 Shares of Sunbelt Rentals Holdings, Inc. Common Stock $SUNB

Posted by George Bondi on Oct 28th, 2026

Sterling Capital Management LLC purchased a new stake in Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Free Report) during the third quarter, according to its most recent filing with the SEC. The firm purchased 11,873 shares of the company’s stock, valued at approximately $869,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SUNB. Parkside Financial Bank & Trust bought a new position in shares of Sunbelt Rentals Holdings, Inc. Common Stock in the 2nd quarter worth $25,000. Allworth Financial LP purchased a new stake in shares of Sunbelt Rentals Holdings, Inc. Common Stock during the 2nd quarter worth $30,000. MassMutual Private Wealth & Trust FSB bought a new stake in Sunbelt Rentals Holdings, Inc. Common Stock during the third quarter valued at about $31,000. Versant Capital Management Inc boosted its position in Sunbelt Rentals Holdings, Inc. Common Stock by 90.4% during the third quarter. Versant Capital Management Inc now owns 916 shares of the company’s stock valued at $67,000 after purchasing an additional 435 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in Sunbelt Rentals Holdings, Inc. Common Stock during the second quarter valued at about $83,000.

Sunbelt Rentals Holdings, Inc. Common Stock Stock Up 3.0%

Shares of SUNB stock opened at $81.77 on Wednesday. The business’s fifty day simple moving average is $74.71 and its 200-day simple moving average is $74.40. Sunbelt Rentals Holdings, Inc. Common Stock has a 12-month low of $61.03 and a 12-month high of $86.68.

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

Sunbelt Rentals Holdings, Inc. Common Stock Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 18th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, September 18th. This represents a $1.20 annualized dividend and a yield of 1.5%. This is a decrease from Sunbelt Rentals Holdings, Inc. Common Stock’s previous quarterly dividend of $0.75.

Analysts Set New Price Targets

Several equities analysts have issued reports on SUNB shares. Bank of America lifted their target price on Sunbelt Rentals Holdings, Inc. Common Stock from $62.00 to $71.00 and gave the company an “underperform” rating in a research note on Thursday, September 10th. Morgan Stanley reissued an “overweight” rating on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Monday, September 21st. Wells Fargo & Company assumed coverage on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday, August 17th. They issued an “overweight” rating and a $96.00 price target on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a report on Tuesday, June 30th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $97.00 price objective on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Wednesday, September 16th. Eight analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $87.33.

Check Out Our Latest Analysis on SUNB

About Sunbelt Rentals Holdings, Inc. Common Stock

(Free Report)

Sunbelt Rentals Holdings, Inc is an equipment rental company that provides construction, industrial, commercial and specialty equipment to businesses, government agencies and consumers. Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling machinery, general tools, power-generation and climate-control equipment, pumps, trench-safety products, traffic and safety equipment, and temporary structures.

The company supports a range of applications, including construction and infrastructure projects, industrial maintenance, facility management, disaster response, utilities, entertainment and events.