Herc Holdings
About: Herc Holdings Inc is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.4 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' prepares now to incorporate long-term rentals to industrial customers where Herc maintains its own staff at the customer site.
Employees: 7,600
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
236% more call options, than puts
Call options by funds: $17.6M | Put options by funds: $5.23M
105% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 37
24% more capital invested
Capital invested by funds: $4.21B [Q3] → $5.2B (+$994M) [Q4]
12% more funds holding
Funds holding: 279 [Q3] → 313 (+34) [Q4]
3.63% more ownership
Funds ownership: 93.13% [Q3] → 96.76% (+3.63%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q3] → 6 (+0) [Q4]
8% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 109
Research analyst outlook
We haven’t received any recent analyst ratings for HRI.
Financial journalist opinion
Based on 10 articles about HRI published over the past 30 days
Neutral
PRNewsWire
3 weeks ago
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of H&E Equipment Services, Inc.
NEW YORK , Feb. 19, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by H&E Equipment Services, Inc. (NASDAQ: HEES) and its board of directors concerning the proposed acquisition of the company by Herc Holdings Inc. (NYSE: HRI). Stockholders will receive $78.75 and 0.1287 shares of Herc Holdings common stock for each share of H&E Equipment stock that they hold.
Neutral
Business Wire
3 weeks ago
Herc Holdings and H&E Equipment Services Enter into Definitive Merger Agreement
BONITA SPRINGS, Fla. & BATON ROUGE, La.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) today announced that H&E has terminated its prior merger agreement with United Rentals, Inc. (NYSE: URI) and that Herc and H&E have entered into a definitive merger agreement under which Herc will acquire H&E. As previously an.
Negative
Seeking Alpha
3 weeks ago
Herc Holdings: Weak Local Account Demand Expected To Temper Short-Term Growth
Herc Holdings' topline grew 14.4% year-on-year to $951 million, as the national account business continues to support overall topline growth. While the pipeline for mega projects remains healthy, softer local market demand is expected to impact the consolidated growth in 2025. Lower anticipated volume growth is also expected to put pressure on the company's margin in the quarters ahead.
Neutral
Business Wire
3 weeks ago
Herc Holdings Confirms Superior Proposal to Acquire H&E Equipment Services
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today confirmed that it has executed a binding acquisition proposal and merger agreement to the Board of Directors of H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) pursuant to the “go-shop” provision as provided by H&E's previously announced agreement with United Rentals, Inc. (NYSE: URI). H&E's Bo.
Neutral
GlobeNewsWire
3 weeks ago
H&E Equipment Services, Inc. Receives Superior Proposal from Herc Holdings Inc.
BATON ROUGE, La., Feb. 18, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) today announced that it has determined that a definitive offer from Herc Holdings Inc. (NYSE: HRI) ("Herc") to acquire all of the outstanding shares of H&E common stock for a combination of cash and Herc common stock constitutes a “Superior Proposal,” as defined in the existing merger agreement (the “United Rentals Merger Agreement”) with United Rentals, Inc. (NYSE: URI) (“United Rentals”).
Positive
Seeking Alpha
3 weeks ago
Herc Holdings Looks Set To Continue Adding Value This Year
Herc Holdings, an equipment rental company, has shown strong financial performance with a 54.5% stock increase since June last year, outperforming the S&P 500. Despite a mixed final quarter for 2024, with revenue beating expectations but earnings falling short, the company's fundamental health remains positive. Management anticipates growth from new construction, renewable energy, and tech projects, planning $700-$900 million in capital expenditures for 2024.
Positive
Zacks Investment Research
3 weeks ago
GBX vs. HRI: Which Stock Is the Better Value Option?
Investors interested in Transportation - Equipment and Leasing stocks are likely familiar with Greenbrier Companies (GBX) and Herc Holdings (HRI). But which of these two stocks presents investors with the better value opportunity right now?
Neutral
Seeking Alpha
4 weeks ago
Herc Holdings, Inc. (HRI) Q4 2024 Earnings Call Transcript
Herc Holdings, Inc. (NYSE:HRI ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Leslie Hunziker - SVP, IR, Communications & Sustainability Lawrence Silber - President, CEO & Director Aaron Birnbaum - SVP & COO Mark Humphrey - SVP & CFO Conference Call Participants Rob Wertheimer - Melius Research Tami Zakaria - JPMorgan Steven Ramsey - Thompson Research Group Neil Tyler - Redburn Atlantic Mig Dobre - Baird Kenneth Newman - KeyBanc Capital Markets Sherif El Sabbahy - Bank of America Merrill Lynch Brian Sponheimer - Gabelli Funds Operator Thank you for standing by. My name is Karen, and I will be your conference separator today.
Negative
Zacks Investment Research
4 weeks ago
Herc Holdings (HRI) Misses Q4 Earnings Estimates
Herc Holdings (HRI) came out with quarterly earnings of $3.58 per share, missing the Zacks Consensus Estimate of $4.18 per share. This compares to earnings of $3.24 per share a year ago.
Neutral
Business Wire
4 weeks ago
Herc Holdings Reports Full Year 2024 Results and Announces 2025 Full Year Guidance
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2024. "In 2024, despite a more challenging market than anticipated, we delivered another year of record results, significantly outperforming industry revenue growth by leveraging the strength of tenured customer relationships, the value derived from strategic capital-allocation priorities and our diversified po.
Charts implemented using Lightweight Charts™