United Rentals, Inc. (URI) continues to make waves in the investment community. Merit Financial Group LLC has sold its shares in URI, while Northeast Investment Management and Sanibel Captiva Trust Company Inc. have raised their stakes. Despite Redburn Atlantic's downgrade of URI, the company scored a consensus 'Moderate Buy' rating from brokerages. Harbor Capital Advisors Inc. and Handelsbanken Fonder AB have sizable positions in URI. URI's Q1 earnings surpassed estimates, with the company's Return on Capital enjoying notable growth. There were concerns regarding URI's decision to longer pursue the acquisition of H&E Equipment Services, Inc., which was met with mixed reactions. However, its dividend declaration and announcement of a US$1,500 Million Buyback plan proved encouraging to investors. URI was also lauded for its new tech solution addressing worksite challenges. The firm's potential for growth was underscored by KeyBanc's rating boost. Their Q1 2025 revenue was reported to be up by 6.7%, and their specialty segment expanded to a third.
United Rentals URI News Analytics from Wed, 25 Sep 2024 07:00:00 GMT to Sat, 14 Jun 2025 21:28:19 GMT -
Rating 5
- Innovation -1
- Information 8
- Rumor -6
