Representative Julia Letlow (Republican-Louisiana) recently sold shares of United Rentals, Inc. (NYSE:URI). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in United Rentals stock on February 2nd. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.
Representative Julia Letlow also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
- Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
- Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
- Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
- Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
- Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
- Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
- Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
- Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
- Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.
United Rentals Stock Down 1.1%
Shares of NYSE:URI opened at $733.75 on Friday. United Rentals, Inc. has a fifty-two week low of $525.91 and a fifty-two week high of $1,021.47. The company has a quick ratio of 0.88, a current ratio of 0.94 and a debt-to-equity ratio of 1.41. The firm’s 50-day simple moving average is $831.19 and its 200-day simple moving average is $865.35. The company has a market cap of $46.15 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 1.19 and a beta of 1.66.
United Rentals Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 11th were paid a $1.97 dividend. This is a boost from United Rentals’s previous quarterly dividend of $1.79. The ex-dividend date was Wednesday, February 11th. This represents a $7.88 annualized dividend and a dividend yield of 1.1%. United Rentals’s dividend payout ratio (DPR) is 20.37%.
United Rentals announced that its board has approved a stock buyback program on Wednesday, January 28th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the construction company to buy up to 8.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of United Rentals in a research report on Wednesday, January 21st. KeyCorp set a $950.00 price objective on United Rentals in a research report on Friday, January 30th. Sanford C. Bernstein set a $965.00 target price on United Rentals in a report on Friday, January 30th. Royal Bank Of Canada decreased their target price on shares of United Rentals from $1,123.00 to $1,041.00 and set an “outperform” rating on the stock in a research report on Friday, January 30th. Finally, JPMorgan Chase & Co. lowered their price target on shares of United Rentals from $1,150.00 to $970.00 and set an “overweight” rating on the stock in a research note on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, United Rentals currently has a consensus rating of “Moderate Buy” and an average target price of $925.59.
View Our Latest Stock Report on URI
Insider Transactions at United Rentals
In other news, EVP Michael D. Durand sold 2,490 shares of United Rentals stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $791.14, for a total transaction 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 $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 SEC, which is available through the SEC website. Also, EVP William E. Grace sold 1,498 shares of the business’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $790.89, for a total transaction of $1,184,753.22. Following the completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. 0.53% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On United Rentals
Institutional investors and hedge funds have recently modified their holdings of the company. TD Waterhouse Canada Inc. raised its position in shares of United Rentals by 73.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 5,740 shares of the construction company’s stock worth $5,533,000 after purchasing an additional 2,428 shares during the last quarter. National Pension Service lifted its stake in United Rentals by 4.5% in the 3rd quarter. National Pension Service now owns 103,146 shares of the construction company’s stock valued at $98,469,000 after buying an additional 4,415 shares in the last quarter. North Growth Management Ltd. raised its holdings in shares of United Rentals by 22.2% in the third quarter. North Growth Management Ltd. now owns 11,000 shares of the construction company’s stock worth $10,189,000 after acquiring an additional 2,000 shares during the last quarter. HB Wealth Management LLC increased its position in United Rentals by 37.2% during the 3rd quarter. HB Wealth Management LLC now owns 6,608 shares of the construction company’s stock worth $6,308,000 after purchasing an additional 1,790 shares in the last quarter. Finally, Independent Advisor Alliance increased its position in United Rentals by 11.6% during the 3rd quarter. Independent Advisor Alliance now owns 9,108 shares of the construction company’s stock worth $8,695,000 after purchasing an additional 947 shares in the last quarter. Institutional investors and hedge funds own 96.26% of the company’s stock.
About Representative Letlow
Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.
Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.
Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.
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.
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