YHB Investment Advisors Inc. lifted its stake in shares of United Rentals, Inc. (NYSE:URI - Free Report) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,641 shares of the construction company's stock after purchasing an additional 699 shares during the quarter. United Rentals comprises 1.0% of YHB Investment Advisors Inc.'s investment portfolio, making the stock its 23rd biggest holding. YHB Investment Advisors Inc.'s holdings in United Rentals were worth $12,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently made changes to their positions in the company. Spirepoint Private Client LLC raised its stake in United Rentals by 2.0% during the 1st quarter. Spirepoint Private Client LLC now owns 1,102 shares of the construction company's stock worth $691,000 after buying an additional 22 shares during the period. Asset Management One Co. Ltd. increased its holdings in shares of United Rentals by 2.8% during the first quarter. Asset Management One Co. Ltd. now owns 38,598 shares of the construction company's stock valued at $24,189,000 after acquiring an additional 1,058 shares in the last quarter. GHP Investment Advisors Inc. raised its position in shares of United Rentals by 7.8% during the first quarter. GHP Investment Advisors Inc. now owns 16,010 shares of the construction company's stock worth $10,034,000 after purchasing an additional 1,155 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in shares of United Rentals by 31.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 2,587 shares of the construction company's stock worth $1,621,000 after purchasing an additional 624 shares in the last quarter. Finally, Stiles Financial Services Inc lifted its holdings in shares of United Rentals by 51.4% in the 1st quarter. Stiles Financial Services Inc now owns 945 shares of the construction company's stock worth $593,000 after purchasing an additional 321 shares in the last quarter. 96.26% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of analysts have commented on the stock. Evercore ISI decreased their price target on shares of United Rentals from $974.00 to $921.00 and set an "outperform" rating for the company in a research note on Monday, May 19th. Sanford C. Bernstein upgraded shares of United Rentals from an "underperform" rating to a "market perform" rating and reduced their price objective for the company from $705.00 to $666.00 in a report on Tuesday, March 25th. Robert W. Baird upped their target price on shares of United Rentals from $535.00 to $571.00 and gave the stock a "neutral" rating in a report on Friday, April 25th. UBS Group raised shares of United Rentals from a "sell" rating to a "neutral" rating and raised their price target for the company from $485.00 to $780.00 in a research report on Friday, May 16th. Finally, Cfra Research upgraded United Rentals to a "strong-buy" rating in a research note on Friday, April 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $765.07.
Check Out Our Latest Research Report on URI
United Rentals Stock Performance
Shares of NYSE URI traded down $0.59 during midday trading on Wednesday, reaching $740.18. The company's stock had a trading volume of 76,848 shares, compared to its average volume of 662,713. The stock has a market capitalization of $48.11 billion, a P/E ratio of 19.17, a PEG ratio of 1.75 and a beta of 1.70. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.85 and a quick ratio of 0.79. The firm has a 50 day moving average price of $679.22 and a 200-day moving average price of $683.84. United Rentals, Inc. has a 12-month low of $525.91 and a 12-month high of $896.98.
United Rentals (NYSE:URI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The construction company reported $8.86 EPS for the quarter, missing analysts' consensus estimates of $8.92 by ($0.06). The business had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.61 billion. United Rentals had a return on equity of 33.11% and a net margin of 16.38%. The business's revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the business posted $9.15 earnings per share. As a group, equities analysts predict that United Rentals, Inc. will post 44.8 earnings per share for the current year.
United Rentals Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were given a dividend of $1.79 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $7.16 annualized dividend and a yield of 0.97%. United Rentals's payout ratio is currently 18.54%.
Insider Buying and Selling
In related news, VP Andrew B. Limoges sold 708 shares of United Rentals stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $705.86, for a total value of $499,748.88. Following the sale, the vice president now owns 1,921 shares of the company's stock, valued at approximately $1,355,957.06. The trade was a 26.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael D. Durand sold 1,100 shares of the company's stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $626.28, for a total value of $688,908.00. Following the completion of the transaction, the executive vice president now owns 8,748 shares in the company, valued at approximately $5,478,697.44. The trade was a 11.17% decrease in their position. The disclosure for this sale can be found here. 0.51% of the stock is currently owned by corporate insiders.
About United Rentals
(
Free Report)
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.
Featured Articles
Before you consider United Rentals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Rentals wasn't on the list.
While United Rentals currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
