United Rentals, Inc. $URI Shares Purchased by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management significantly increased its position in United Rentals, Inc. by 182% during the first quarter, owning shares worth approximately $2.01 million at the end of the reporting period.
• Analysts have raised their price targets for United Rentals, with Barclays setting a target of $620.00 and JPMorgan increasing it to $950.00, reflecting a **moderate bullish sentiment** among analysts.
• The company recently announced a quarterly dividend of $1.79 per share, leading to an annualized yield of 0.7%, while maintaining a dividend payout ratio of 18.52%.

Landscape Capital Management L.L.C. grew its holdings in shares of United Rentals, Inc. (NYSE:URI - Free Report) by 182.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,209 shares of the construction company's stock after purchasing an additional 2,071 shares during the period. Landscape Capital Management L.L.C.'s holdings in United Rentals were worth $2,011,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of URI. Centaurus Financial Inc. grew its position in United Rentals by 1.7% during the fourth quarter. Centaurus Financial Inc. now owns 999 shares of the construction company's stock valued at $704,000 after purchasing an additional 17 shares in the last quarter. Leavell Investment Management Inc. grew its holdings in United Rentals by 3.6% during the 1st quarter. Leavell Investment Management Inc. now owns 515 shares of the construction company's stock worth $323,000 after acquiring an additional 18 shares during the last quarter. Baer Investment Advisory LLC boosted its stake in shares of United Rentals by 0.6% in the 1st quarter. Baer Investment Advisory LLC now owns 3,202 shares of the construction company's stock valued at $2,007,000 after purchasing an additional 18 shares during the last quarter. HBK Sorce Advisory LLC raised its position in shares of United Rentals by 4.0% in the 1st quarter. HBK Sorce Advisory LLC now owns 490 shares of the construction company's stock valued at $307,000 after acquiring an additional 19 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in United Rentals by 27.5% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 88 shares of the construction company's stock worth $55,000 after buying an additional 19 shares during the period. 96.26% of the stock is owned by institutional investors and hedge funds.

United Rentals Stock Performance

United Rentals stock traded up $0.63 during mid-day trading on Tuesday, reaching $956.97. 329,653 shares of the stock traded hands, compared to its average volume of 641,450. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.86 and a quick ratio of 0.80. The business's 50-day moving average is $851.57 and its 200-day moving average is $722.18. The stock has a market capitalization of $61.57 billion, a PE ratio of 24.74, a price-to-earnings-growth ratio of 2.21 and a beta of 1.72. United Rentals, Inc. has a 12-month low of $525.91 and a 12-month high of $961.16.

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

United Rentals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th were given a dividend of $1.79 per share. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $7.16 dividend on an annualized basis and a yield of 0.7%. United Rentals's payout ratio is currently 18.52%.

Analyst Ratings Changes

Several equities research analysts have issued reports on URI shares. KeyCorp raised their price objective on shares of United Rentals from $960.00 to $1,075.00 and gave the stock an "overweight" rating in a research report on Friday. UBS Group upped their target price on United Rentals from $780.00 to $835.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. The Goldman Sachs Group raised their target price on United Rentals from $770.00 to $850.00 and gave the company a "buy" rating in a research report on Tuesday, May 27th. Truist Financial raised their target price on United Rentals from $786.00 to $952.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Finally, Citigroup reiterated a "buy" rating and set a $810.00 price target (up previously from $740.00) on shares of United Rentals in a research report on Tuesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, United Rentals currently has a consensus rating of "Moderate Buy" and an average price target of $842.86.

About United Rentals

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.