Seven Six Capital Management LLC Has $3.24 Million Holdings in Herc Holdings Inc. $HRI

Seven Six Capital Management LLC boosted its stake in Herc Holdings Inc. (NYSE:HRI) by 43.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,575 shares of the transportation company’s stock after buying an additional 9,800 shares during the quarter. Herc makes up about 3.4% of Seven Six Capital Management LLC’s investment portfolio, making the stock its 15th largest position. Seven Six Capital Management LLC’s holdings in Herc were worth $3,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of HRI. Hantz Financial Services Inc. grew its holdings in shares of Herc by 342.1% in the 4th quarter. Hantz Financial Services Inc. now owns 168 shares of the transportation company’s stock worth $25,000 after purchasing an additional 130 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Herc during the third quarter worth approximately $35,000. Smartleaf Asset Management LLC raised its stake in shares of Herc by 50.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 332 shares of the transportation company’s stock valued at $51,000 after acquiring an additional 111 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Herc in the 3rd quarter worth approximately $40,000. Finally, Covestor Ltd boosted its holdings in shares of Herc by 78.1% in the 4th quarter. Covestor Ltd now owns 358 shares of the transportation company’s stock worth $53,000 after acquiring an additional 157 shares in the last quarter. 93.11% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Herc

Here are the key news stories impacting Herc this week:

• Positive Sentiment: Herc reported second-quarter revenue of $1.20 billion, up 20.2% year over year, while adjusted earnings of $1.43 per share exceeded the $0.76 analyst consensus. Growth was supported by rental-rate gains, demand from large infrastructure projects and contributions from the H&E Equipment Services acquisition. Herc Holdings Q2 Earnings Top Estimates on Rental Growth, 2026 View Up
• Positive Sentiment: Management increased its full-year 2026 guidance after describing sequential and year-over-year improvement on a combined basis. H&E integration is generating revenue synergies, with incremental cost savings expected to reach approximately $125 million by year-end. Herc Holdings Reports Second Quarter 2026 Results and Increases 2026 Full Year Guidance
• Neutral Sentiment: BNP Paribas Exane raised its price target from $160 to $165 but maintained a neutral rating. The target implies meaningful potential upside, although the unchanged rating signals limited conviction in near-term outperformance. BNP Paribas Exane Raises Herc Price Target
• Negative Sentiment: Second-quarter EPS declined from $1.87 a year earlier, despite the revenue increase, and Herc reported a net margin near breakeven. The company also carries elevated leverage, with a debt-to-equity ratio of approximately 4.24, which may be weighing on investor enthusiasm after a sharp rally since March. Herc Holdings Second-Quarter Earnings Report

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. BNP Paribas Exane lifted their price objective on Herc from $160.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday. Wells Fargo & Company increased their price objective on shares of Herc from $160.00 to $176.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of Herc from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday. JPMorgan Chase & Co. upped their target price on shares of Herc from $140.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, July 13th. Finally, KeyCorp increased their price target on shares of Herc from $165.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $177.00.

Herc Price Performance

Shares of HRI stock opened at $143.63 on Thursday. The firm has a market cap of $4.80 billion, a price-to-earnings ratio of 97.71, a PEG ratio of 26.91 and a beta of 1.88. Herc Holdings Inc. has a 12 month low of $88.45 and a 12 month high of $188.35. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 4.24. The stock has a 50-day moving average price of $143.99 and a 200 day moving average price of $136.83.

Herc (NYSE:HRI) last issued its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.43 EPS for the quarter, topping the consensus estimate of $0.76 by $0.67. Herc had a net margin of 1.01% and a return on equity of 10.29%. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the previous year, the company earned $1.87 EPS. Herc’s revenue was up 20.2% on a year-over-year basis. Research analysts expect that Herc Holdings Inc. will post 5.3 EPS for the current year.

Herc Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, May 29th. Herc’s dividend payout ratio is currently -1,037.04%.

About Herc

Herc Holdings Inc (NYSE: HRI) operates as a leading equipment rental provider in North America, offering a wide range of machinery and support services to construction, industrial, government and event sectors. The company’s fleet includes aerial work platforms, earthmoving equipment, material handling solutions, power generation units and specialty tools, enabling clients to scale their operations without the capital expense of ownership. In addition to basic machinery rentals, Herc provides value-added services such as equipment maintenance, on-site safety training and project consulting to help customers optimize productivity and maintain compliance with industry standards.

Founded as part of Hertz Global Holdings, the equipment rental business was spun off as an independent public company in early 2016.