United Rentals, Inc. (NYSE:URI – Get Free Report) CEO Matthew John Flannery sold 22,768 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $984.98, for a total transaction of $22,426,024.64. Following the completion of the transaction, the chief executive officer owned 99,980 shares of the company’s stock, valued at approximately $98,478,300.40. The trade was a 18.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
United Rentals Trading Up 0.1%
Shares of United Rentals stock opened at $975.12 on Monday. The company has a fifty day simple moving average of $795.43 and a 200-day simple moving average of $840.56. United Rentals, Inc. has a 12-month low of $611.93 and a 12-month high of $1,021.47. The company has a current ratio of 0.80, a quick ratio of 0.74 and a debt-to-equity ratio of 1.37. The stock has a market cap of $61.09 billion, a price-to-earnings ratio of 24.88, a PEG ratio of 1.56 and a beta of 1.68.
United Rentals (NYSE:URI – Get Free Report) last issued its earnings results 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 previous year, the company posted $8.86 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. On average, equities analysts forecast that United Rentals, Inc. will post 46.68 EPS for the current fiscal year.
United Rentals Announces Dividend
United Rentals announced that its Board of Directors has authorized a share buyback program on Wednesday, January 28th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the construction company to reacquire up to 8.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on URI. Truist Financial set a $1,209.00 price target on shares of United Rentals in a research note on Friday. KeyCorp increased their price target on shares of United Rentals from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Friday. Royal Bank Of Canada increased their price target on shares of United Rentals from $1,041.00 to $1,119.00 and gave the stock an “outperform” rating in a research note on Friday. Weiss Ratings reiterated a “hold (c+)” rating on shares of United Rentals in a research note on Monday, April 20th. Finally, Robert W. Baird increased 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. Thirteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $986.35.
Check Out Our Latest Analysis on United Rentals
More United Rentals News
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
Hedge Funds Weigh In On United Rentals
A number of large investors have recently bought and sold shares of URI. Norges Bank purchased a new position in United Rentals during the 4th quarter worth $978,017,000. Capital International Investors raised its position in United Rentals by 22.8% during the 3rd quarter. Capital International Investors now owns 3,402,524 shares of the construction company’s stock worth $3,247,762,000 after buying an additional 631,484 shares during the last quarter. Corient Private Wealth LLC raised its position in United Rentals by 1,667.4% during the 4th quarter. Corient Private Wealth LLC now owns 343,965 shares of the construction company’s stock worth $278,378,000 after buying an additional 324,503 shares during the last quarter. TD Asset Management Inc raised its position in United Rentals by 66.5% during the 3rd quarter. TD Asset Management Inc now owns 484,450 shares of the construction company’s stock worth $462,485,000 after buying an additional 193,416 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in United Rentals by 3,459.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 196,688 shares of the construction company’s stock worth $159,184,000 after buying an additional 191,162 shares during the last quarter. Hedge funds and other institutional investors own 96.26% of the company’s stock.
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.
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