Foster & Motley Inc. Has $7.81 Million Holdings in United Rentals, Inc. $URI

Foster & Motley Inc. increased its position in shares of United Rentals, Inc. (NYSE:URI) by 6.0% during the first quarter, HoldingsChannel.com reports. The firm owned 10,724 shares of the construction company’s stock after buying an additional 607 shares during the period. Foster & Motley Inc.’s holdings in United Rentals were worth $7,813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Aventura Private Wealth LLC bought a new stake in United Rentals in the fourth quarter valued at $27,000. Core Wealth Advisors LLC bought a new position in shares of United Rentals in the fourth quarter worth about $28,000. MV Capital Management Inc. bought a new position in United Rentals in the 4th quarter worth approximately $28,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of United Rentals during the third quarter worth $35,000. Finally, Board of the Pension Protection Fund bought a new stake in United Rentals during the 4th quarter worth about $32,000. Institutional investors own 96.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Citigroup increased their price target on United Rentals from $950.00 to $1,130.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Royal Bank Of Canada upped their price objective on United Rentals from $1,041.00 to $1,119.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Barclays increased their target price on United Rentals from $600.00 to $715.00 and gave the company an “underweight” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. raised their target price on United Rentals from $850.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, Bank of America boosted their target price on United Rentals from $1,020.00 to $1,195.00 and gave the stock a “buy” rating in a research report on Thursday. Fourteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, United Rentals presently has an average rating of “Moderate Buy” and a consensus target price of $1,070.50.

United Rentals Stock Up 5.3%

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

United Rentals (NYSE:URI) last released 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 for the quarter, compared to analyst estimates of $4.20 billion. During the same period in the prior year, the business earned $8.86 EPS. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, equities analysts expect that United Rentals, Inc. will post 47.26 earnings per share for the current year.

United Rentals Announces Dividend

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

Insider Activity at United Rentals

In other news, SVP Joli L. Gross sold 306 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $954.99, for a total value of $292,226.94. Following the completion of the transaction, the senior vice president owned 5,738 shares in the company, valued at $5,479,732.62. This represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Andrew B. Limoges sold 548 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $977.86, for a total transaction of $535,867.28. Following the sale, the vice president directly owned 1,865 shares of the company’s stock, valued at $1,823,708.90. This represents a 22.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 26,088 shares of company stock valued at $25,628,877. Corporate insiders own 0.47% of the company’s stock.

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

United Rentals Company Profile

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.