Rep. Robert Bresnahan, Jr. Purchases Shares of United Rentals, Inc. (NYSE:URI)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of United Rentals, Inc. NYSE: URI. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in United Rentals stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.

United Rentals Stock Performance

URI traded up $11.83 on Tuesday, reaching $723.66. The company had a trading volume of 124,407 shares, compared to its average volume of 731,106. The stock has a market cap of $47.04 billion, a P/E ratio of 18.68, a P/E/G ratio of 1.43 and a beta of 1.70. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.92 and a current ratio of 0.98. United Rentals, Inc. has a fifty-two week low of $525.91 and a fifty-two week high of $896.98. The company's fifty day moving average is $618.32 and its 200 day moving average is $712.20.

United Rentals (NYSE:URI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The construction company reported $8.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $8.92 by ($0.06). The firm 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 34.21% and a net margin of 16.78%. The company's revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.15 EPS. As a group, analysts predict that United Rentals, Inc. will post 44.8 earnings per share for the current fiscal year.

United Rentals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be issued a dividend of $1.79 per share. This represents a $7.16 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Wednesday, May 14th. United Rentals's payout ratio is 18.54%.

Insider Buying and Selling

In related news, EVP Michael D. Durand sold 1,100 shares of the business's stock in a transaction 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 transaction, the executive vice president now owns 8,748 shares in the company, valued at $5,478,697.44. The trade was a 11.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Andrew B. Limoges sold 708 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $705.86, for a total transaction of $499,748.88. Following the completion of the transaction, the vice president now owns 1,921 shares in the company, valued at approximately $1,355,957.06. The trade was a 26.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,908 shares of company stock valued at $1,890,567 over the last 90 days. 0.53% of the stock is owned by insiders.

Institutional Investors Weigh In On United Rentals

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of United Rentals by 0.4% during the first quarter. Vanguard Group Inc. now owns 7,422,036 shares of the construction company's stock worth $4,651,390,000 after purchasing an additional 29,501 shares during the last quarter. Capital World Investors boosted its position in United Rentals by 17.1% during the 4th quarter. Capital World Investors now owns 2,221,228 shares of the construction company's stock worth $1,564,722,000 after buying an additional 323,636 shares during the period. Geode Capital Management LLC grew its holdings in United Rentals by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 1,587,203 shares of the construction company's stock worth $1,115,142,000 after acquiring an additional 20,401 shares during the last quarter. Alliancebernstein L.P. increased its position in United Rentals by 16.0% in the 4th quarter. Alliancebernstein L.P. now owns 1,250,324 shares of the construction company's stock valued at $880,778,000 after acquiring an additional 172,340 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of United Rentals by 98.1% during the first quarter. JPMorgan Chase & Co. now owns 1,093,805 shares of the construction company's stock worth $685,488,000 after purchasing an additional 541,579 shares during the period. Institutional investors own 96.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. UBS Group downgraded shares of United Rentals from a "buy" rating to a "sell" rating and decreased their price target for the company from $910.00 to $485.00 in a research note on Monday, April 7th. Citigroup decreased their target price on shares of United Rentals from $720.00 to $650.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Robert W. Baird lifted their price target on shares of United Rentals from $535.00 to $571.00 and gave the company a "neutral" rating in a research report on Friday, April 25th. JPMorgan Chase & Co. reduced their price target on United Rentals from $1,000.00 to $750.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Finally, Sanford C. Bernstein upgraded United Rentals from an "underperform" rating to a "market perform" rating and lowered their price objective for the stock from $705.00 to $666.00 in a research note on Tuesday, March 25th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $725.69.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.