GHP Investment Advisors Inc. Buys 1,457 Shares of United Rentals, Inc. $URI

GHP Investment Advisors Inc. boosted its stake in shares of United Rentals, Inc. (NYSE:URI) by 7.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 20,369 shares of the construction company’s stock after buying an additional 1,457 shares during the quarter. GHP Investment Advisors Inc.’s holdings in United Rentals were worth $14,840,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of URI. Aventura Private Wealth LLC purchased a new stake in shares of United Rentals in the fourth quarter valued at $27,000. Core Wealth Advisors LLC purchased a new position in shares of United Rentals during the 4th quarter worth about $28,000. MV Capital Management Inc. purchased a new position in shares of United Rentals during the 4th quarter worth about $28,000. KERR FINANCIAL PLANNING Corp bought a new position in United Rentals during the 3rd quarter valued at about $35,000. Finally, Board of the Pension Protection Fund purchased a new stake in United Rentals in the 4th quarter worth about $32,000. 96.26% of the stock is owned by hedge funds and other institutional investors.

United Rentals Trading Up 5.3%

Shares of 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. The business has a fifty day simple moving average of $979.61 and a two-hundred day simple moving average of $879.93. The firm has a market cap of $71.49 billion, a PE ratio of 29.11, a price-to-earnings-growth ratio of 1.71 and a beta of 1.81. United Rentals, Inc. has a twelve month low of $701.59 and a twelve month high of $1,143.69.

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

United Rentals Announces Dividend

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

Analyst Ratings Changes

URI has been the subject of several analyst reports. Royal Bank Of Canada raised their price objective 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, April 24th. Citigroup increased their price target on United Rentals from $950.00 to $1,130.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Bank of America raised their price target on United Rentals from $1,020.00 to $1,195.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings raised United Rentals from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Finally, Robert W. Baird increased their target price on United Rentals from $970.00 to $1,100.00 and gave the stock 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,070.50.

Key Stories Impacting United Rentals

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

Insider Buying and Selling at United Rentals

In other United Rentals news, EVP Craig Adam Pintoff sold 2,466 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president owned 14,774 shares of the company’s stock, valued at approximately $14,227,362. This trade represents a 14.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Joli L. Gross sold 306 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $5,479,732.62. This represents a 5.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 26,088 shares of company stock worth $25,628,877. Company insiders own 0.47% 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.