Brandywine Oak Private Wealth LLC Acquires 528 Shares of United Rentals, Inc. $URI

Key Points

• Brandywine Oak Private Wealth LLC increased its stake in United Rentals, Inc. by 16.6%, now owning a total of 3,712 shares valued at approximately $2,797,000.
• United Rentals reported $10.47 earnings per share for the last quarter, missing analysts' estimates, although revenue was up to $3.94 billion.
• The company announced a quarterly dividend of $1.79 per share, yielding 0.7%, with an annualized dividend payout of $7.16.

Brandywine Oak Private Wealth LLC raised its holdings in United Rentals, Inc. (NYSE:URI - Free Report) by 16.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,712 shares of the construction company's stock after buying an additional 528 shares during the period. Brandywine Oak Private Wealth LLC's holdings in United Rentals were worth $2,797,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fourth Dimension Wealth LLC bought a new stake in United Rentals in the first quarter valued at approximately $26,000. TruNorth Capital Management LLC increased its stake in shares of United Rentals by 1,266.7% during the first quarter. TruNorth Capital Management LLC now owns 41 shares of the construction company's stock worth $26,000 after purchasing an additional 38 shares during the period. Flaharty Asset Management LLC bought a new position in shares of United Rentals during the first quarter worth approximately $30,000. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of United Rentals by 69.0% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 49 shares of the construction company's stock worth $31,000 after purchasing an additional 20 shares during the period. Finally, Maseco LLP bought a new position in shares of United Rentals during the second quarter worth approximately $32,000. Institutional investors own 96.26% of the company's stock.

United Rentals Trading Down 1.5%

Shares of URI stock opened at $979.20 on Friday. The stock's fifty day moving average price is $935.73 and its two-hundred day moving average price is $782.55. The company has a market cap of $63.00 billion, a PE ratio of 25.32, a P/E/G ratio of 2.30 and a beta of 1.73. United Rentals, Inc. has a fifty-two week low of $525.91 and a fifty-two week high of $1,004.92. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.80 and a current ratio of 0.86.

United Rentals (NYSE:URI - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The construction company reported $10.47 earnings per share for the quarter, missing analysts' consensus estimates of $10.54 by ($0.07). The business had revenue of $3.94 billion during the quarter, compared to analyst estimates of $3.90 billion. United Rentals had a net margin of 16.11% and a return on equity of 32.01%. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the prior year, the business posted $10.70 EPS. United Rentals has set its FY 2025 guidance at EPS. Equities analysts predict that United Rentals, Inc. will post 44.8 EPS for the current fiscal year.

United Rentals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Wednesday, August 13th were issued a dividend of $1.79 per share. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $7.16 annualized dividend and a dividend yield of 0.7%. United Rentals's dividend payout ratio (DPR) is 18.52%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on URI shares. JPMorgan Chase & Co. increased their price target on United Rentals from $1,000.00 to $1,150.00 and gave the stock an "overweight" rating in a research report on Monday, September 22nd. Argus set a $935.00 price target on United Rentals in a research report on Tuesday, August 12th. Barclays increased their price target on United Rentals from $565.00 to $620.00 and gave the stock an "underweight" rating in a research report on Monday, July 21st. Redburn Atlantic downgraded United Rentals from a "buy" rating to a "neutral" rating and set a $760.00 price target on the stock. in a research report on Friday, June 13th. Finally, Morgan Stanley increased their price target on United Rentals from $702.00 to $955.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, United Rentals has a consensus rating of "Moderate Buy" and a consensus target price of $956.13.

United Rentals Company Profile

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.

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