United Rentals, Inc. $URI Shares Bought by Calamos Advisors LLC

Calamos Advisors LLC lifted its holdings in shares of United Rentals, Inc. (NYSE:URI - Free Report) by 27.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,267 shares of the construction company's stock after purchasing an additional 6,308 shares during the period. Calamos Advisors LLC's holdings in United Rentals were worth $23,686,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Capital International Investors increased its stake in shares of United Rentals by 22.8% during the 3rd quarter. Capital International Investors now owns 3,402,524 shares of the construction company's stock worth $3,247,762,000 after purchasing an additional 631,484 shares in the last quarter. Capital World Investors increased its stake in shares of United Rentals by 6.7% during the 3rd quarter. Capital World Investors now owns 2,678,614 shares of the construction company's stock worth $2,557,158,000 after purchasing an additional 168,685 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of United Rentals by 6.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,315,086 shares of the construction company's stock worth $1,255,460,000 after purchasing an additional 83,978 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of United Rentals by 5.6% during the 3rd quarter. Alliancebernstein L.P. now owns 1,088,209 shares of the construction company's stock worth $1,038,870,000 after purchasing an additional 57,977 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of United Rentals by 2.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 948,386 shares of the construction company's stock worth $905,313,000 after purchasing an additional 26,847 shares in the last quarter. 96.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on URI shares. Royal Bank Of Canada raised their price objective on shares of United Rentals from $1,041.00 to $1,119.00 and gave the stock an "outperform" rating in a research note on Friday. Barclays reissued an "underweight" rating and set a $715.00 price objective on shares of United Rentals in a research note on Friday. Citigroup raised their price objective on shares of United Rentals from $950.00 to $1,130.00 and gave the stock a "buy" rating in a research note on Friday. UBS Group raised shares of United Rentals from a "neutral" rating to a "buy" rating and set a $1,025.00 price objective for the company in a research note on Sunday, January 4th. Finally, Robert W. Baird lifted their target price on shares of United Rentals from $970.00 to $1,100.00 and gave the stock an "outperform" rating in a research note on Friday. Thirteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, United Rentals currently has an average rating of "Moderate Buy" and an average target price of $986.35.

United Rentals News Roundup

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

• Positive Sentiment: Q1 beat and higher guidance — URI reported robust Q1 results, beating revenue and (adjusted) EPS expectations and raised full‑year 2026 guidance, which triggered the large share rally. United Rentals Announces Strong First Quarter Results and Raises Full-Year 2026 Guidance
• Positive Sentiment: Demand and margins driving outperformance — Coverage points to stronger large‑project demand, cost controls and fleet productivity as the operational drivers of the beat and improved margin outlook. URI Q1 deep dive: Large project demand and cost controls drive outperformance
• Positive Sentiment: Analyst upgrades lift sentiment — Major brokers raised price targets and ratings (JPMorgan and Robert W. Baird among them), reflecting confidence in upside after the results. Benzinga The Fly
• Positive Sentiment: Management confident on call — The earnings call emphasized continued demand strength and execution, reinforcing the raised outlook. United Rentals’ Earnings Call Signals Confident Growth
• Neutral Sentiment: Market recognition and index spotlight — Coverage notes URI gaining visibility in indexes (Russell 1000) and elevated media attention following the print. How Is United Rentals Gaining Spotlight In The Russell 1000 Index?
• Neutral Sentiment: Dividend declared — URI declared a quarterly dividend (paid late May), a small income element but not a primary driver of the move. Benzinga movers
• Negative Sentiment: Sharp run‑up raises near‑term risk — The stock jumped 20%+ on the print, leaving valuation higher and increasing the chance of profit‑taking and short‑term volatility (which appears to be occurring today). Why United Rentals Stock Jumped More Than 20 Today
• Negative Sentiment: Volume and volatility spike — Trading volume has climbed materially around the print, increasing execution risk for larger positions and the chance of intraday swings. United Rentals stock soars 23 as earnings beat lifts outlook

Insider Activity

In other United Rentals news, EVP Michael D. Durand sold 2,490 shares of United Rentals stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $791.14, for a total value of $1,969,938.60. Following the completion of the sale, the executive vice president directly owned 7,458 shares of the company's stock, valued at approximately $5,900,322.12. The trade was a 25.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Andrew B. Limoges sold 548 shares of United Rentals stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $977.86, for a total transaction of $535,867.28. Following the completion of the sale, the vice president directly owned 1,865 shares of the company's stock, valued at $1,823,708.90. The trade was a 22.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 27,304 shares of company stock valued at $26,116,584 over the last quarter. Insiders own 0.47% of the company's stock.

United Rentals Stock Down 1.2%

URI stock opened at $975.12 on Friday. The stock has a market capitalization of $61.09 billion, a P/E ratio of 24.88, a PEG ratio of 1.59 and a beta of 1.68. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.88 and a current ratio of 0.80. United Rentals, Inc. has a one year low of $611.93 and a one year high of $1,021.47. The company has a 50 day moving average price of $795.43 and a two-hundred day moving average price of $842.66.

United Rentals (NYSE:URI - Get Free Report) last released its earnings results on Wednesday, April 22nd. The construction company reported $9.71 EPS for the quarter, missing the consensus estimate of $11.47 by ($1.76). The firm had revenue of $3.99 billion during the quarter, compared to analysts' expectations of $4.20 billion. United Rentals had a return on equity of 30.56% and a net margin of 15.32%.The firm's revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $8.86 earnings per share. As a group, sell-side analysts expect that United Rentals, Inc. will post 46.64 EPS for the current year.

United Rentals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be paid a $1.97 dividend. This represents a $7.88 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, May 13th. United Rentals's payout ratio is presently 20.37%.

United Rentals declared that its Board of Directors has authorized a share buyback plan on Wednesday, January 28th that authorizes the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 8.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

United Rentals Company Profile

United Rentals, Inc NYSE: URI is a leading equipment rental company headquartered in Stamford, Connecticut. The firm provides rental solutions and related services to construction, industrial, commercial, and municipal customers. Its business model centers on providing access to a broad fleet of equipment on a short-term or long-term basis, enabling customers to avoid the capital expenditure of ownership and to scale equipment use to match project needs.

The company's product and service offerings span general construction equipment and a range of specialty categories, including aerial work platforms, earthmoving and excavation machines, material handling equipment, pumps, power and HVAC systems, trench and shoring solutions, and tools.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.