United Rentals
About: United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $22 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.
Employees: 26,300
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
109% more first-time investments, than exits
New positions opened: 157 | Existing positions closed: 75
50% more funds holding in top 10
Funds holding in top 10: 28 [Q2] → 42 (+14) [Q3]
20% more capital invested
Capital invested by funds: $41.1B [Q2] → $49.1B (+$8.05B) [Q3]
12% more repeat investments, than reductions
Existing positions increased: 461 | Existing positions reduced: 411
6% more funds holding
Funds holding: 1,149 [Q2] → 1,213 (+64) [Q3]
2% less call options, than puts
Call options by funds: $955M | Put options by funds: $975M
1.3% less ownership
Funds ownership: 95.44% [Q2] → 94.14% (-1.3%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$565
27%
downside
Avg. target
$802
4%
upside
High target
$963
25%
upside
6 analyst ratings
4 positive
67%
1 neutral
17%
1 negative
17%
Truist Securities Jamie Cook 66% 1-year accuracy 57 / 86 met price target | 25%upside $963 | Buy Maintained | 16 Jan 2025 |
Citigroup Kyle Menges 58% 1-year accuracy 14 / 24 met price target | 8%upside $835 | Buy Maintained | 14 Jan 2025 |
Baird Mircea Dobre 33% 1-year accuracy 5 / 15 met price target | 15%downside $658 | Neutral Upgraded | 14 Jan 2025 |
Argus Research John Eade 63% 1-year accuracy 15 / 24 met price target | 14%upside $880 | Buy Maintained | 20 Nov 2024 |
Barclays Adam Seiden 63% 1-year accuracy 12 / 19 met price target | 27%downside $565 | Underweight Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 10 articles about URI published over the past 30 days
Neutral
Business Wire
3 days ago
United Rentals Names Julie Brandt to Board of Directors
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced Julie Brandt has joined the company's board of directors, effective immediately. Her appointment expands the composition of the board to 11 members, nine of which are independent directors. Michael Kneeland, chairman of United Rentals, said, “We are excited to welcome Julie to our board. Her leadership and operational expertise, as well as her understanding of the dynamics of scale and customer service in a large.
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.
Neutral
Business Wire
4 days ago
United Rentals, Inc. Fourth Quarter and Full Year 2024 Conference Call and Audio Webcast Thursday, January 30, 2025 at 8:30 a.m. (ET)
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) will hold its fourth quarter and full year 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 30, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-343-1703 (international: 785-424-1226). The replay.
Positive
Zacks Investment Research
5 days ago
United Rentals to Buy H&E: A Big Move for Equipment Rental Leadership
URI's H&E acquisition is set to expand its fleet and growth horizons.
Positive
Forbes
5 days ago
What's Happening With United Rentals Stock?
United Rentals Stock (NYSE: URI), the largest equipment renting company in the world offering services to construction and industrial companies, manufacturers, utilities, etc., has seen its stock rally 6% on Tuesday Jan 14, after the company announced its plans to acquire H&E Equipment Services (NASDAQ: HEES).
Positive
Invezz
6 days ago
United Rentals buys H&E Equipment Services in $4.8B deal, shares jump 3%
United Rentals has strengthened its position as a leader in the equipment rental sector with the $4.8 billion acquisition of H&E Equipment Services. The deal, expected to close in the first quarter of 2025, combines United Rentals' extensive footprint with H&E's network of 160 branches and rental fleet of nearly 64,000 units.
Neutral
Investors Business Daily
6 days ago
S&P 500 Stock Pauses Share Repurchase Plan After $4.8 Billion Acquisition
United Rentals announced early Tuesday it has agreed to acquire H&E Equipment Services for $4.8 billion. The post S&P 500 Stock Pauses Share Repurchase Plan After $4.8 Billion Acquisition appeared first on Investor's Business Daily.
Positive
Reuters
6 days 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
Business Wire
6 days 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
Kiplinger
3 weeks ago
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