United Rentals URI has seen significant activity in recent times with various investment groups and retirement funds buying and boosting their positions. For instance, Retirement Systems of Alabama possesses a $41.71 Million stake in URI with Oddo BHF Asset Management Sas making a fresh $2.99 Million investment. Notably, Franklin Resources Inc. holds an impressive $862.11 Million position. Furthermore, the stock has shown resilience by recording gains post-earnings declarations and amid market unpredictability. URI recorded In Line results for Q3 and its Q3 2024 Earnings Call signaled strategic growth. However, some entities such as Kovitz Investment Group Partners LLC and State of Kentucky Teachers Retirement System reduced their stakes, while there were insider sales of US$12m shares. Despite some underperformance and lag estimates, analysts maintained optimism with the likes of Evercore ISI rating URI stock as \u0027Outperform\u0027. The company earned recognition for its veteran employment programs and delivered a better ROE than its industry. Current metrics reveal sustained growth and returns on capital. Nonetheless, there are some concerns over debt management and lower margins impacting profit estimates.
United Rentals URI News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 14 Dec 2024 14:37:46 GMT -
Rating 7
- Innovation -4
- Information 6
- Rumor -2
