Posted by Defense World Staff on Apr 25th, 2025
Shares of United Rentals, Inc. (NYSE:URI – Get Free Report) gapped up prior to trading on Thursday following a dividend announcement from the company. The stock had previously closed at $589.21, but opened at $613.96. United Rentals shares last traded at $631.29, with a volume of 265,115 shares changing hands.
The newly announced dividend which will be paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th will be paid a $1.79 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 1.11%. United Rentals’s dividend payout ratio (DPR) is currently 18.54%.
Wall Street Analyst Weigh In
URI has been the subject of a number of recent research reports. Truist Financial cut their price target on United Rentals from $956.00 to $732.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. UBS Group cut shares of United Rentals from a “buy” rating to a “sell” rating and dropped their price target for the stock from $910.00 to $485.00 in a research note on Monday, April 7th. Sanford C. Bernstein raised United Rentals from an “underperform” rating to a “market perform” rating and decreased their target price for the stock from $705.00 to $666.00 in a report on Tuesday, March 25th. Robert W. Baird upgraded United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price target for the company in a research report on Tuesday, January 14th. Finally, Evercore ISI lowered their price objective on United Rentals from $1,004.00 to $974.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 19th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $729.79.
View Our Latest Research Report on URI
United Rentals Stock Performance
The stock has a 50-day moving average of $617.66 and a 200 day moving average of $728.14. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 1.42. The stock has a market cap of $42.31 billion, a PE ratio of 16.71, a P/E/G ratio of 1.43 and a beta of 1.72.
United Rentals (NYSE:URI – Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The construction company reported $8.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $8.92 by ($0.06). United Rentals had a return on equity of 34.21% and a net margin of 16.78%. The firm had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.61 billion. Equities analysts predict that United Rentals, Inc. will post 44.8 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, CFO William E. Grace sold 1,100 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $638.10, for a total transaction of $701,910.00. Following the completion of the transaction, the chief financial officer now directly owns 6,880 shares in the company, valued at $4,390,128. This trade represents a 13.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.53% of the stock is currently owned by insiders.
Institutional Trading of United Rentals
A number of large investors have recently modified their holdings of the stock. Capital World Investors increased its holdings in United Rentals by 17.1% during the 4th quarter. Capital World Investors now owns 2,221,228 shares of the construction company’s stock worth $1,564,722,000 after purchasing an additional 323,636 shares during the period. Geode Capital Management LLC grew its holdings in United Rentals by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 1,587,203 shares of the construction company’s stock worth $1,115,142,000 after acquiring an additional 20,401 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of United Rentals by 16.0% in the 4th quarter. Alliancebernstein L.P. now owns 1,250,324 shares of the construction company’s stock valued at $880,778,000 after purchasing an additional 172,340 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of United Rentals by 9.8% during the 4th quarter. Franklin Resources Inc. now owns 1,093,350 shares of the construction company’s stock worth $770,199,000 after purchasing an additional 97,336 shares during the last quarter. Finally, Capital International Investors grew its stake in shares of United Rentals by 41.0% during the fourth quarter. Capital International Investors now owns 1,051,365 shares of the construction company’s stock worth $740,624,000 after purchasing an additional 305,491 shares in the last quarter. Hedge funds and other institutional investors own 96.26% of the company’s stock.
United Rentals Company Profile
United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.
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