Rep. Robert Bresnahan, Jr. Sells United Rentals, Inc. (NYSE:URI) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of United Rentals, Inc. (NYSE:URI). In a filing disclosed on March 27th, the Representative disclosed that they had sold between $1,001 and $15,000 in United Rentals stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
• Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
• Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

United Rentals Stock Performance

Shares of NYSE URI opened at $627.10 on Friday. The company has a market capitalization of $40.95 billion, a P/E ratio of 16.18, a price-to-earnings-growth ratio of 1.43 and a beta of 1.76. The business’s 50-day moving average price is $686.97 and its two-hundred day moving average price is $754.58. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.98 and a quick ratio of 0.92. United Rentals, Inc. has a one year low of $585.27 and a one year high of $896.98.

United Rentals (NYSE:URI) last announced its quarterly earnings data on Wednesday, January 29th. The construction company reported $11.59 EPS for the quarter, missing analysts’ consensus estimates of $11.65 by ($0.06). United Rentals had a net margin of 16.78% and a return on equity of 34.21%. Analysts anticipate that United Rentals, Inc. will post 44.8 earnings per share for the current fiscal year.

United Rentals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a dividend of $1.79 per share. This is a boost from United Rentals’s previous quarterly dividend of $1.63. This represents a $7.16 annualized dividend and a dividend yield of 1.14%. The ex-dividend date was Wednesday, February 12th. United Rentals’s dividend payout ratio (DPR) is currently 18.48%.

Analysts Set New Price Targets

URI has been the subject of a number of research analyst reports. Baird R W raised United Rentals from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 14th. Robert W. Baird raised shares of United Rentals from an “underperform” rating to a “neutral” rating and set a $658.00 price objective on the stock in a research note on Tuesday, January 14th. Morgan Stanley cut their price target on shares of United Rentals from $775.00 to $765.00 and set an “equal weight” rating on the stock in a research report on Monday, February 3rd. Bank of America decreased their price target on shares of United Rentals from $850.00 to $750.00 and set a “buy” rating for the company in a report on Friday, March 21st. Finally, Citigroup dropped their price objective on United Rentals from $985.00 to $835.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, United Rentals presently has a consensus rating of “Moderate Buy” and an average price target of $804.15.

Hedge Funds Weigh In On United Rentals

Institutional investors and hedge funds have recently modified their holdings of the business. GHP Investment Advisors Inc. increased its holdings in United Rentals by 6.3% in the 4th quarter. GHP Investment Advisors Inc. now owns 14,855 shares of the construction company’s stock valued at $10,464,000 after buying an additional 877 shares during the period. Charles Schwab Investment Management Inc. raised its position in United Rentals by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 445,214 shares of the construction company’s stock valued at $313,627,000 after purchasing an additional 6,787 shares during the last quarter. Fiduciary Alliance LLC increased its position in United Rentals by 196.5% in the 4th quarter. Fiduciary Alliance LLC now owns 1,420 shares of the construction company’s stock valued at $1,000,000 after acquiring an additional 941 shares during the period. Blueshift Asset Management LLC bought a new position in United Rentals during the 4th quarter worth $649,000. Finally, Nordea Investment Management AB boosted its holdings in United Rentals by 7.6% in the fourth quarter. Nordea Investment Management AB now owns 732,954 shares of the construction company’s stock valued at $517,018,000 after acquiring an additional 52,037 shares during the last quarter. 96.26% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other United Rentals news, CFO William E. Grace sold 1,100 shares of United Rentals stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $638.10, for a total value of $701,910.00. Following the completion of the sale, the chief financial officer now directly owns 6,880 shares in the company, valued at approximately $4,390,128. The trade was a 13.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.53% of the company’s stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

United Rentals Company Profile

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.