Rep. Thomas R. Suozzi Sells United Rentals, Inc. (NYSE:URI) Stock

Representative Thomas R. Suozzi (Democratic-New York) recently sold shares of United Rentals, Inc. (NYSE:URI). In a filing disclosed on March 17th, the Representative disclosed that they had sold between $15,001 and $50,000 in United Rentals stock on February 18th. The trade occurred in the Representative’s “THOMAS SUOZZI IRA FBO THOMAS SUOZZI” account.

Representative Thomas R. Suozzi also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 2/18/2026.
• Sold $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/18/2026.
• Sold $15,001 – $50,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 2/18/2026.

United Rentals Trading Up 3.1%

NYSE URI opened at $732.28 on Tuesday. The firm’s 50 day moving average price is $845.83 and its two-hundred day moving average price is $870.87. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.88 and a current ratio of 0.94. United Rentals, Inc. has a twelve month low of $525.91 and a twelve month high of $1,021.47. The stock has a market cap of $46.13 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 1.15 and a beta of 1.66.

United Rentals (NYSE:URI) last released its earnings results on Wednesday, January 28th. The construction company reported $11.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.86 by ($0.77). The business had revenue of $4.21 billion during the quarter, compared to analysts’ expectations of $4.24 billion. United Rentals had a net margin of 15.49% and a return on equity of 30.35%. United Rentals’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $11.59 EPS. Equities analysts anticipate that United Rentals, Inc. will post 44.8 EPS for the current year.

United Rentals declared that its board has approved a share repurchase program on Wednesday, January 28th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the construction company to reacquire up to 8.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

United Rentals Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Wednesday, February 11th were paid a $1.97 dividend. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $7.88 dividend on an annualized basis and a yield of 1.1%. This is a positive change from United Rentals’s previous quarterly dividend of $1.79. United Rentals’s dividend payout ratio (DPR) is 20.37%.

Analysts Set New Price Targets

URI has been the topic of several recent analyst reports. UBS Group raised United Rentals from a “neutral” rating to a “buy” rating and set a $1,025.00 price target on the stock in a research report on Sunday, January 4th. Weiss Ratings restated a “hold (c+)” rating on shares of United Rentals in a research report on Wednesday, January 21st. Truist Financial set a $972.00 target price on United Rentals in a research note on Friday, January 30th. JPMorgan Chase & Co. reduced their price target on shares of United Rentals from $1,150.00 to $970.00 and set an “overweight” rating for the company in a research report on Friday, January 30th. Finally, KeyCorp set a $950.00 price target on shares of United Rentals in a report on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $925.59.

Institutional Trading of United Rentals

A number of institutional investors and hedge funds have recently made changes to their positions in URI. J. Derek Lewis & Associates Inc. bought a new position in shares of United Rentals in the 4th quarter valued at approximately $205,000. Rockefeller Capital Management L.P. lifted its holdings in United Rentals by 27.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 114,371 shares of the construction company’s stock worth $92,563,000 after purchasing an additional 24,726 shares during the last quarter. World Investment Advisors boosted its position in United Rentals by 4.4% during the fourth quarter. World Investment Advisors now owns 1,869 shares of the construction company’s stock worth $1,513,000 after purchasing an additional 79 shares during the period. Meadowbrook Advisors Group LLC bought a new stake in United Rentals during the fourth quarter worth approximately $487,000. Finally, Corient Private Wealth LLC grew its holdings in United Rentals by 5.5% during the fourth quarter. Corient Private Wealth LLC now owns 20,527 shares of the construction company’s stock valued at $16,655,000 after purchasing an additional 1,065 shares during the last quarter. Institutional investors and hedge funds own 96.26% of the company’s stock.

Insider Buying and Selling

In other news, EVP Michael D. Durand sold 2,490 shares of the business’s stock in a transaction 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 in the company, valued at approximately $5,900,322.12. The trade was a 25.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William E. Grace sold 1,498 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $790.89, for a total transaction of $1,184,753.22. Following the sale, the executive vice president directly owned 6,872 shares of the company’s stock, valued at approximately $5,434,996.08. This represents a 17.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.51% of the company’s stock.

About Representative Suozzi

Thomas Richard Suozzi (born August 31, 1962) is an American politician, attorney, and accountant serving as the U.S. representative for New York’s 3rd congressional district since 2024 and previously from 2017 to 2023. A member of the Democratic Party, he was the county executive of Nassau County on Long Island from 2002 to 2009, when he was unseated by Republican Ed Mangano. Before that, Suozzi served eight years as the mayor of Glen Cove in Nassau County.

In 2006, he ran unsuccessfully against Eliot Spitzer for the Democratic nomination for governor of New York. Suozzi was elected to the U.S. House of Representatives in 2016 and reelected in 2018 and 2020. He retired from Congress to run again for the Democratic gubernatorial nomination in 2022, losing to incumbent governor Kathy Hochul.

In October 2023, Suozzi announced that he would run for his old congressional seat in 2024.After Congress expelled George Santos that December, a special election to fill the remainder of the term was scheduled for February 13, 2024. Suozzi was selected as the Democratic nominee, and then won the special election, reclaiming the seat for Democrats.

About United Rentals

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.