United Rentals (NYSE:URI) Given New $1,300.00 Price Target at Bank of America

United Rentals (NYSE:URI) had its price objective upped by Bank of America from $1,195.00 to $1,300.00 in a research report report published on Thursday morning,Benzinga reports. Bank of America currently has a buy rating on the construction company’s stock.

Several other equities analysts have also issued reports on URI. Morgan Stanley increased their target price on United Rentals from $1,030.00 to $1,165.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Weiss Ratings lowered shares of United Rentals from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 9th. Barclays increased their price target on shares of United Rentals from $600.00 to $715.00 and gave the stock an “underweight” rating in a research report on Friday, April 24th. Raymond James Financial reissued an “outperform” rating and issued a $1,275.00 price objective on shares of United Rentals in a research note on Wednesday, June 10th. Finally, Truist Financial lifted their price objective on shares of United Rentals from $1,209.00 to $1,421.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Fourteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,149.69.

United Rentals Stock Up 10.4%

Shares of URI opened at $1,142.57 on Thursday. United Rentals has a 52-week low of $701.59 and a 52-week high of $1,177.67. The company has a quick ratio of 0.74, a current ratio of 0.80 and a debt-to-equity ratio of 1.37. The stock has a fifty day simple moving average of $1,049.29 and a two-hundred day simple moving average of $917.54. The company has a market capitalization of $71.58 billion, a PE ratio of 27.44, a price-to-earnings-growth ratio of 1.65 and a beta of 1.79.

United Rentals (NYSE:URI) last released its quarterly earnings results on Tuesday, July 21st. The construction company reported $12.76 EPS for the quarter, beating the consensus estimate of $11.53 by $1.23. The firm had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.22 billion. United Rentals had a net margin of 15.67% and a return on equity of 31.93%. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $10.47 EPS. As a group, equities analysts forecast that United Rentals will post 46.85 EPS for the current year.

United Rentals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 12th will be issued a $1.97 dividend. This represents a $7.88 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, August 12th. United Rentals’s payout ratio is presently 20.10%.

Insiders Place Their Bets

In other United Rentals news, EVP Craig Adam Pintoff sold 2,466 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $963.00, for a total value of $2,374,758.00. Following the transaction, the executive vice president directly owned 14,774 shares of the company’s stock, valued at approximately $14,227,362. The trade was a 14.30% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Joli L. Gross sold 306 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $954.99, for a total transaction of $292,226.94. Following the transaction, the senior vice president owned 5,738 shares in the company, valued at approximately $5,479,732.62. This trade represents a 5.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.47% of the company’s stock.

Institutional Trading of United Rentals

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Great Valley Advisor Group Inc. increased its stake in United Rentals by 2.9% during the second quarter. Great Valley Advisor Group Inc. now owns 387 shares of the construction company’s stock valued at $292,000 after purchasing an additional 11 shares during the last quarter. Gleason Group Inc. lifted its position in shares of United Rentals by 4.3% in the 4th quarter. Gleason Group Inc. now owns 269 shares of the construction company’s stock worth $218,000 after buying an additional 11 shares during the last quarter. Bridgewater Advisors Inc. lifted its position in shares of United Rentals by 1.2% in the 4th quarter. Bridgewater Advisors Inc. now owns 967 shares of the construction company’s stock worth $783,000 after buying an additional 11 shares during the last quarter. PFG Investments LLC boosted its holdings in shares of United Rentals by 0.9% in the 1st quarter. PFG Investments LLC now owns 1,172 shares of the construction company’s stock valued at $854,000 after buying an additional 11 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in shares of United Rentals by 16.9% in the 2nd quarter. CoreCap Advisors LLC now owns 76 shares of the construction company’s stock valued at $86,000 after buying an additional 11 shares during the period. Institutional investors and hedge funds own 96.26% of the company’s stock.

United Rentals News Roundup

Here are the key news stories impacting United Rentals this week:

• Positive Sentiment: United Rentals reported record Q2 2026 results, beating estimates on both earnings and revenue, with EPS of $12.76 versus consensus around $11.53 and revenue of $4.41 billion versus $4.22 billion expected. United Rentals (URI) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised 2026 guidance, signaling management expects continued momentum from strong rental demand, better fleet productivity, and specialty business strength. United Rentals Q2 Earnings Beat on Rental Growth, ’26 Guidance Raised
• Positive Sentiment: Bank of America boosted its price target on URI to $1,300 from $1,195 and reiterated a buy rating, reflecting confidence in further upside after the earnings beat. Benzinga report on Bank of America price target increase
• Positive Sentiment: Management highlighted record revenue, record rental revenue, and strong shareholder returns, which reinforced the bullish reaction in the stock.
• Neutral Sentiment: United Rentals also declared a quarterly dividend of $1.97 per share, which is supportive for income investors but not the main driver of the move.

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.