H&E Equipment ServicesHEES
HEES
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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
164% more call options, than puts
Call options by funds: $5.88M | Put options by funds: $2.23M
26% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 35
11% more capital invested
Capital invested by funds: $1.26B [Q2] → $1.4B (+$140M) [Q3]
4% more funds holding
Funds holding: 213 [Q2] → 221 (+8) [Q3]
0.62% more ownership
Funds ownership: 78.31% [Q2] → 78.92% (+0.62%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 82
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$60
32%
downside
Avg. target
$76
14%
downside
High target
$92
4%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
UBS Steven Fisher 61% 1-year accuracy 17 / 28 met price target | 4%upside $92 | Neutral Downgraded | 17 Jan 2025 |
B. Riley Securities Alex Rygiel 58% 1-year accuracy 19 / 33 met price target | 32%downside $60 | Buy Reiterated | 30 Oct 2024 |
Financial journalist opinion
Based on 8 articles about HEES published over the past 30 days
Neutral
Business Wire
4 days ago
H&E EQUIPMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of H&E Equipment Services, Inc. - HEES
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of H&E Equipment Services, Inc. d/b/a H&E Rentals (NasdaqGS: HEES) to United Rentals, Inc. (NYSE: URI). Under the terms of the proposed transaction, shareholders of H&E will receive $92.00 in cash for each share of H&E that they own. KSF is seeking to determine whether this consideration and the p.
Positive
Investopedia
6 days ago
H&E Equipment Stock Doubles on Acquisition by United Rentals for $4.8B
H&E Equipment Services (HEES) shares more than doubled in value intraday Tuesday after the company reached a deal to be acquired by United Rentals (URI) for $4.8 billion.
Neutral
GlobeNewsWire
6 days ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of H&E Equipment Services, Inc. – HEES
NEW YORK, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating H&E Equipment Services, Inc. ( Nasdaq : HEES ), relating to the proposed merger with United Rentals, Inc. Under the terms of the agreement, United Rentals will acquire H&E for $92 per share in cash.
Neutral
Business Wire
6 days ago
HEES Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of H&E Equipment Services, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of H&E Equipment Services, Inc. (NASDAQ: HEES) to United Rentals, Inc. for $92.00 per share in cash is fair to H&E shareholders. Halper Sadeh encourages H&E shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whet.
Neutral
Business Wire
6 days ago
Shareholder Alert: Ademi LLP Investigates Whether H&E Equipment Services, Inc. Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating H&E (NASDAQ: HEES) for possible breaches of fiduciary duty and other violations of law in its transaction with United Rentals. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the tender offer transaction, H&E stockholders will receive only $92 per share in cash, reflecting a total enterprise.
Positive
Reuters
1 week ago
United Rentals to acquire H&E Equipment Services in deal valued at $4.8 billion
United Rentals said on Tuesday it would acquire smaller rival H&E Equipment Services in a deal valued at $4.8 billion, as the company looks to tap into demand for equipment rentals.
Neutral
GlobeNewsWire
1 week ago
United Rentals to Acquire H&E Equipment Services, Inc.
$4.8 billion transaction will expand capacity in strategic U.S. markets and provides attractive risk-adjusted returns $4.8 billion transaction will expand capacity in strategic U.S. markets and provides attractive risk-adjusted returns
Neutral
Business Wire
1 week ago
United Rentals to Acquire H&E Equipment Services, Inc.
STAMFORD, Conn. & BATON ROUGE, La.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) today announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt. Founded in 1961, H&E provides its custo.
Positive
Seeking Alpha
1 month ago
H&E Equipment Services: Earnings Understate Cash Production
HEES is well-positioned to grow sales by 7-8% annually until FY'26E in my view. Competitive advantages include high capital turnover, modest margins, and efficient cash conversion, sustaining current earnings growth. Management's strategic investments and expansion plans, coupled with attractive valuations, support a $65-$70/share target.
Positive
MarketBeat
1 month ago
3 Best Industrials Sector Picks for Long-Term Investors in 2025
The industrials sector has been in a period of contraction for most of 2023 and 2024, with sharply mixed performance among different companies during that time. Some firms have thrived, like power management giant Eaton Corp. plc NYSE: ETN, with its nearly 50% returns in the year leading to December 13, 2024.
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