H&E Equipment ServicesHEES
Market Cap: $1.58B
About: H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; sales of rental equipment; parts sales; and services. The majority of its revenue is derived from the equipment rentals segment.
Employees: 2,765
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
34% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 59
3% more call options, than puts
Call options by funds: $2.15M | Put options by funds: $2.09M
0% more funds holding
Funds holding: 213 [Q1] → 213 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 53
1.71% less ownership
Funds ownership: 78.76% [Q1] → 77.04% (-1.71%) [Q2]
33% less capital invested
Capital invested by funds: $1.84B [Q1] → $1.24B (-$599M) [Q2]
75% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 1 (-3) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
UBS Steven Fisher 68% 1-year accuracy 15 / 22 met price target | 38%upside $60 | Buy Maintained | 14 Aug 2024 |
Stifel Stanley Elliott 47% 1-year accuracy 28 / 60 met price target | 43%upside $62 | Buy Maintained | 31 Jul 2024 |