United Rentals, Inc. $URI Shares Sold by Impax Asset Management Group plc

Key Points

• CEO Matthew Flannery sold 22,768 shares for about $22.43 million (an 18.55% reduction in his stake), and insiders have sold 27,304 shares worth roughly $26.12 million over the past three months.
• Analysts boosted price targets and ratings after what coverage describes as a Q1 beat and raised guidance, the stock jumped over 20%, and the company authorized a $5.0 billion buyback while declaring a $1.97 quarterly dividend.
• Impax Asset Management trimmed its holding by 4.6% to 47,751 shares (about $38.65 million); overall institutional ownership is very high at 96.26%, with firms like Capital International and Capital World Investors holding large positions.

Impax Asset Management Group plc lessened its stake in United Rentals, Inc. (NYSE:URI - Free Report) by 4.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 47,751 shares of the construction company's stock after selling 2,307 shares during the period. Impax Asset Management Group plc owned about 0.08% of United Rentals worth $38,646,000 at the end of the most recent quarter.

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

Insider Activity at United Rentals

In other news, CEO Matthew John Flannery sold 22,768 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $984.98, for a total value of $22,426,024.64. Following the completion of the sale, the chief executive officer directly owned 99,980 shares of the company's stock, valued at approximately $98,478,300.40. This represents a 18.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michael D. Durand sold 2,490 shares of the 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 $5,900,322.12. The trade was a 25.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 27,304 shares of company stock worth $26,116,584. Insiders own 0.47% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on URI. Robert W. Baird boosted their price target 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. Truist Financial set a $1,209.00 price target on shares of United Rentals in a research note on Friday. Wells Fargo & Company boosted their price objective on United Rentals from $995.00 to $1,071.00 and gave the stock an "overweight" rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. boosted their price objective on United Rentals from $850.00 to $1,050.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Citigroup boosted their price objective on United Rentals from $950.00 to $1,130.00 and gave the stock a "buy" rating in a research report on Friday. Thirteen 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 MarketBeat.com, United Rentals currently has an average rating of "Moderate Buy" and a consensus price target 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

United Rentals Stock Performance

Shares of URI opened at $975.12 on Friday. The stock has a 50 day moving average price of $795.43 and a 200 day moving average price of $842.66. The company has a quick ratio of 0.88, a current ratio of 0.80 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $61.09 billion, a price-to-earnings ratio of 24.88, a price-to-earnings-growth ratio of 1.59 and a beta of 1.68. United Rentals, Inc. has a 52-week low of $611.93 and a 52-week high of $1,021.47.

United Rentals (NYSE:URI - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The construction company reported $9.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.47 by ($1.76). United Rentals had a net margin of 15.32% and a return on equity of 30.56%. The company had revenue of $3.99 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the prior year, the company earned $8.86 EPS. The business's revenue was up 7.2% on a year-over-year basis. Research analysts predict that United Rentals, Inc. will post 46.64 EPS for the current fiscal year.

United Rentals announced that its Board of Directors has authorized a stock repurchase program on Wednesday, January 28th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the construction company to buy up to 8.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

United Rentals Announces Dividend

The business also recently disclosed 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 is Wednesday, May 13th. United Rentals's dividend payout ratio is currently 20.37%.

United Rentals 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.

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