19,647 United Rentals, Inc. $URI Shares Bought by AMF Tjanstepension AB

Key Points

• AMF Tjanstepension AB increased its United Rentals position by 23.5% in the third quarter, buying 19,647 shares to own 103,345 shares valued at approximately $103.4 million. Institutional investors collectively own 96.26% of the company.
• United Rentals reported a strong quarterly performance, with adjusted EPS of $15.55 and revenue of $4.89 billion, beating analyst estimates; revenue rose 15.7% year over year. Management also raised its 2026 revenue outlook to $18.0 billion–$18.2 billion.
• Analyst sentiment remains positive, with 15 Buy ratings and an average price target of $1,276.19, while the company declared a quarterly dividend of $1.97 per share.

AMF Tjanstepension AB lifted its position in United Rentals, Inc. (NYSE:URI - Free Report) by 23.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,345 shares of the construction company's stock after buying an additional 19,647 shares during the quarter. AMF Tjanstepension AB owned about 0.17% of United Rentals worth $103,426,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in URI. Cidel Asset Management Inc. grew its position in shares of United Rentals by 2.4% in the 2nd quarter. Cidel Asset Management Inc. now owns 425 shares of the construction company's stock valued at $481,000 after acquiring an additional 10 shares during the period. SBI Securities Co. Ltd. raised its holdings in shares of United Rentals by 3.1% in the 3rd quarter. SBI Securities Co. Ltd. now owns 331 shares of the construction company's stock valued at $331,000 after purchasing an additional 10 shares during the period. PFG Investments LLC raised its holdings in shares of United Rentals by 0.9% in the 1st quarter. PFG Investments LLC now owns 1,172 shares of the construction company's stock valued at $854,000 after purchasing an additional 11 shares during the period. CoreCap Advisors LLC raised its holdings in shares of United Rentals by 16.9% in the 2nd quarter. CoreCap Advisors LLC now owns 76 shares of the construction company's stock valued at $86,000 after purchasing an additional 11 shares during the period. Finally, Moss Adams Wealth Advisors LLC lifted its stake in United Rentals by 2.0% in the 1st quarter. Moss Adams Wealth Advisors LLC now owns 605 shares of the construction company's stock valued at $441,000 after purchasing an additional 12 shares during the last quarter. 96.26% of the stock is owned by institutional investors.

Key Stories Impacting United Rentals

Here are the key news stories impacting United Rentals this week:

• Positive Sentiment: Results exceeded expectations. United Rentals reported adjusted earnings of $15.55 per share, above the roughly $13.83–$13.97 analyst estimates, while revenue reached a record $4.893 billion versus expectations of about $4.71 billion. Revenue increased 15.7% year over year and net income rose 31.2%. United Rentals Tops Q3 Earnings and Revenue Estimates, Raises 2026 View
• Positive Sentiment: Rental demand and margins strengthened. Rental revenue grew 17.8% to $4.316 billion, supported by record rental sales and strength in specialty rentals. Adjusted EBITDA totaled $2.331 billion, while the net income margin reached 18.8%, reinforcing the company’s operating leverage. United Rentals Announces Record Third Quarter Results and Raises Full-Year 2026 Guidance
• Positive Sentiment: Full-year guidance was raised. Management increased its 2026 revenue forecast to $18.0 billion–$18.2 billion from $17.5 billion–$17.8 billion, signaling confidence that fleet utilization, pricing and end-market demand will remain favorable. United Rentals Rises as Earnings Surge and Outlook Is Raised
• Positive Sentiment: Shareholder returns remain substantial. United Rentals generated $4.934 billion in operating cash flow through September and returned $1.496 billion to shareholders through repurchases and dividends. It also declared a quarterly dividend of $1.97 per share.
• Neutral Sentiment: The company’s buyback plan received a tranche update, but the available report does not specify a material change to the overall repurchase authorization. United Rentals Equity Buyback Plan Tranche Update
• Negative Sentiment: Recent insider activity shows sales by the CEO, CFO and other executives, with no reported purchases in the past six months. These transactions may weigh modestly on sentiment, although they do not offset the strong operating results.

Analysts Set New Price Targets

A number of research firms recently commented on URI. Wall Street Zen upgraded United Rentals from a "hold" rating to a "buy" rating in a report on Saturday, October 10th. BNP Paribas Exane raised United Rentals from a "neutral" rating to an "outperform" rating and set a $1,320.00 price target on the stock in a research report on Monday, June 29th. Robert W. Baird set a $1,300.00 price objective on United Rentals in a research note on Friday, July 24th. Barclays raised their price objective on United Rentals from $715.00 to $950.00 and gave the company an "underweight" rating in a research report on Friday, July 24th. Finally, UBS Group lifted their target price on United Rentals from $1,350.00 to $1,450.00 and gave the stock a "buy" rating in a research note on Thursday. Fifteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $1,276.19.

United Rentals Stock Up 4.0%

United Rentals stock opened at $1,111.52 on Friday. The stock has a market cap of $69.18 billion, a P/E ratio of 26.69, a P/E/G ratio of 1.56 and a beta of 1.83. The company has a quick ratio of 0.70, a current ratio of 0.76 and a debt-to-equity ratio of 1.38. United Rentals, Inc. has a twelve month low of $701.59 and a twelve month high of $1,179.18. The company's 50-day moving average price is $1,043.77 and its two-hundred day moving average price is $1,020.86.

United Rentals (NYSE:URI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The construction company reported $15.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $13.97 by $1.58. United Rentals had a net margin of 16.33% and a return on equity of 34.07%. The firm had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same period last year, the business posted $11.70 earnings per share. The business's revenue for the quarter was up 15.7% compared to the same quarter last year. As a group, analysts expect that United Rentals, Inc. will post 49.11 EPS for the current year.

United Rentals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be paid a dividend of $1.97 per share. The ex-dividend date is Tuesday, November 10th. This represents a $7.88 dividend on an annualized basis and a dividend yield of 0.7%. United Rentals's dividend payout ratio (DPR) is 18.92%.

United Rentals Profile

United Rentals, Inc is an equipment rental company serving construction, industrial, infrastructure, utilities, government and other commercial customers. The company provides access to equipment and related services through a network of rental locations, helping customers manage projects without purchasing and maintaining all of the equipment they need.

Its rental fleet includes aerial work platforms, earthmoving equipment, material-handling equipment, general construction tools, trucks and trailers, and light-duty equipment.

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