Weekly Analysts’ Ratings Updates for United Rentals (URI)

A number of firms have modified their ratings and price targets on shares of United Rentals (NYSE: URI) recently:

  • 2/3/2025 – United Rentals had its price target lowered by analysts at Morgan Stanley from $775.00 to $765.00. They now have an “equal weight” rating on the stock.
  • 1/31/2025 – United Rentals had its price target raised by analysts at JPMorgan Chase & Co. from $940.00 to $1,000.00. They now have an “overweight” rating on the stock.
  • 1/31/2025 – United Rentals had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $956.00 price target on the stock, down previously from $963.00.
  • 1/16/2025 – United Rentals had its price target lowered by analysts at Truist Financial Co. from $965.00 to $963.00. They now have a “buy” rating on the stock.
  • 1/14/2025 – United Rentals was upgraded by analysts at Robert W. Baird from an “underperform” rating to a “neutral” rating. They now have a $658.00 price target on the stock.
  • 1/14/2025 – United Rentals was upgraded by analysts at Baird R W from a “strong sell” rating to a “hold” rating.
  • 1/14/2025 – United Rentals had its price target lowered by analysts at Citigroup Inc. from $985.00 to $835.00. They now have a “buy” rating on the stock.
  • 12/19/2024 – United Rentals had its price target raised by analysts at Truist Financial Co. from $955.00 to $965.00. They now have a “buy” rating on the stock.
  • 12/9/2024 – United Rentals had its price target raised by analysts at Citigroup Inc. from $955.00 to $985.00. They now have a “buy” rating on the stock.

United Rentals Stock Up 1.9 %

United Rentals stock traded up $14.01 during mid-day trading on Tuesday, reaching $752.22. 88,478 shares of the company were exchanged, compared to its average volume of 696,282. United Rentals, Inc. has a 12-month low of $596.48 and a 12-month high of $896.98. The business has a fifty day moving average of $762.23 and a 200 day moving average of $769.67. The firm has a market cap of $49.13 billion, a P/E ratio of 19.41, a PEG ratio of 1.52 and a beta of 1.68. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.92 and a current ratio of 0.98.

United Rentals (NYSE:URIGet Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The construction company reported $11.59 EPS for the quarter, missing the consensus estimate of $11.65 by ($0.06). United Rentals had a net margin of 16.78% and a return on equity of 34.21%. Research analysts anticipate that United Rentals, Inc. will post 46.09 earnings per share for the current fiscal year.

United Rentals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be paid a $1.79 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $7.16 dividend on an annualized basis and a dividend yield of 0.95%. This is a positive change from United Rentals’s previous quarterly dividend of $1.63. United Rentals’s dividend payout ratio is presently 16.83%.

Institutional Trading of United Rentals

Hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC increased its stake in shares of United Rentals by 82,462.2% during the third quarter. International Assets Investment Management LLC now owns 1,606,661 shares of the construction company’s stock worth $1,300,962,000 after purchasing an additional 1,604,715 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in United Rentals by 15.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 787,877 shares of the construction company’s stock worth $637,968,000 after buying an additional 105,287 shares during the last quarter. FMR LLC lifted its position in shares of United Rentals by 3.7% in the third quarter. FMR LLC now owns 2,416,568 shares of the construction company’s stock valued at $1,956,768,000 after acquiring an additional 85,325 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of United Rentals by 10.5% in the third quarter. The Manufacturers Life Insurance Company now owns 704,145 shares of the construction company’s stock worth $570,167,000 after acquiring an additional 66,957 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in shares of United Rentals by 6.1% during the third quarter. Franklin Resources Inc. now owns 996,014 shares of the construction company’s stock worth $862,110,000 after purchasing an additional 57,002 shares in the last quarter. Hedge funds and other institutional investors own 96.26% of the company’s stock.

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.

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