Banque Cantonale Vaudoise Acquires 1,231 Shares of United Rentals, Inc. $URI

Banque Cantonale Vaudoise increased its holdings in United Rentals, Inc. (NYSE:URI) by 37.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,561 shares of the construction company’s stock after buying an additional 1,231 shares during the quarter. Banque Cantonale Vaudoise’s holdings in United Rentals were worth $3,322,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Cidel Asset Management Inc. increased its holdings in United Rentals by 15.0% during the first quarter. Cidel Asset Management Inc. now owns 415 shares of the construction company’s stock valued at $302,000 after buying an additional 54 shares during the last quarter. Richards Merrill & Peterson Inc. boosted its stake in shares of United Rentals by 6.9% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 463 shares of the construction company’s stock worth $337,000 after acquiring an additional 30 shares during the last quarter. Krilogy Financial LLC boosted its stake in shares of United Rentals by 66.2% during the 1st quarter. Krilogy Financial LLC now owns 1,614 shares of the construction company’s stock worth $1,255,000 after acquiring an additional 643 shares during the last quarter. Signal Advisors Wealth LLC grew its position in shares of United Rentals by 396.9% during the 1st quarter. Signal Advisors Wealth LLC now owns 2,251 shares of the construction company’s stock valued at $1,640,000 after acquiring an additional 1,798 shares during the period. Finally, Athena Wealth Management LLC grew its position in shares of United Rentals by 85.7% during the 1st quarter. Athena Wealth Management LLC now owns 884 shares of the construction company’s stock valued at $644,000 after acquiring an additional 408 shares during the period. 96.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on URI shares. Weiss Ratings raised United Rentals from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. KeyCorp upped their price target on United Rentals from $1,150.00 to $1,250.00 and gave the stock an “overweight” rating in a research report on Thursday. JPMorgan Chase & Co. raised their price objective on United Rentals from $850.00 to $1,050.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Barclays lifted their price objective on United Rentals from $600.00 to $715.00 and gave the company an “underweight” rating in a research report on Friday, April 24th. Finally, Robert W. Baird boosted their price objective on United Rentals from $970.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Fourteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, United Rentals has an average rating of “Moderate Buy” and an average target price of $1,070.50.

Insider Activity at United Rentals

In related news, EVP Craig Adam Pintoff sold 2,466 shares of the firm’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $963.00, for a total transaction of $2,374,758.00. Following the completion of the transaction, the executive vice president directly owned 14,774 shares of the company’s stock, valued at approximately $14,227,362. This trade represents a 14.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Joli L. Gross sold 306 shares of United Rentals stock in a transaction on Monday, April 27th. The shares were sold at an average price of $954.99, for a total transaction of $292,226.94. Following the completion of the sale, the senior vice president owned 5,738 shares in the company, valued at approximately $5,479,732.62. This represents a 5.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,088 shares of company stock worth $25,628,877 in the last three months. Insiders own 0.47% of the company’s stock.

More United Rentals News

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

• Positive Sentiment: Bank of America raised its price target on United Rentals to $1,195 from $1,020 and kept a Buy rating, signaling more upside than previously expected and reinforcing bullish sentiment on the stock. Bank of America raises URI price target
• Positive Sentiment: Zacks upgraded URI to Rank #2 (Buy), citing improving earnings prospects. That kind of ranking upgrade can attract momentum and growth investors. Zacks upgrade to Buy
• Positive Sentiment: Several industry pieces highlighted URI as a beneficiary of construction, infrastructure, and innovation tailwinds even as tariffs, inflation, and housing weakness pressure the broader sector. Industry outlook article
• Neutral Sentiment: Recent articles focused on United Rentals’ long-term performance and a new acquisition, which keep the stock in the spotlight but do not appear to add a major new catalyst on their own. United Rentals’ New Acquisition, Explained
• Neutral Sentiment: Other coverage emphasized construction trends and a broader industry outlook, suggesting URI remains closely tied to the health of the construction cycle and capital spending. Construction trends article

United Rentals Stock Performance

NYSE URI opened at $1,141.16 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.80 and a debt-to-equity ratio of 1.37. United Rentals, Inc. has a twelve month low of $701.59 and a twelve month high of $1,143.69. The business has a 50-day moving average price of $979.61 and a 200-day moving average price of $879.93. The firm has a market cap of $71.49 billion, a price-to-earnings ratio of 29.11, a price-to-earnings-growth ratio of 1.71 and a beta of 1.81.

United Rentals (NYSE:URI) last posted its quarterly earnings results on Wednesday, April 22nd. The construction company reported $9.71 EPS for the quarter, missing analysts’ consensus estimates of $11.47 by ($1.76). United Rentals had a return on equity of 30.56% and a net margin of 15.32%.The business had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $4.20 billion. During the same period in the prior year, the firm posted $8.86 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, equities research analysts predict that United Rentals, Inc. will post 47.26 EPS for the current fiscal year.

United Rentals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were issued a $1.97 dividend. This represents a $7.88 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, May 13th. United Rentals’s payout ratio is 20.10%.

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.