United Rentals (NYSE:URI) Price Target Raised to $1,330.00 at Citigroup

United Rentals (NYSE:URI) had its price target boosted by research analysts at Citigroup from $1,270.00 to $1,330.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the construction company’s stock. Citigroup’s price objective indicates a potential upside of 16.40% from the stock’s previous close.

A number of other analysts have also commented on the company. Morgan Stanley boosted their target price on United Rentals from $1,030.00 to $1,165.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. BNP Paribas Exane raised United Rentals from a “neutral” rating to an “outperform” rating and set a $1,320.00 price objective for the company in a research note on Monday, June 29th. Barclays restated an “underweight” rating and set a $950.00 price objective on shares of United Rentals in a report on Friday. Robert W. Baird increased their price objective on United Rentals from $970.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Bank of America increased their price target on United Rentals from $1,195.00 to $1,300.00 and gave the company a “buy” rating in a research report on Thursday. Fourteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,168.12.

United Rentals Stock Up 10.4%

United Rentals stock opened at $1,142.57 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.80 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $71.58 billion, a PE ratio of 27.44, a PEG ratio of 1.65 and a beta of 1.79. The firm’s fifty day moving average is $1,049.29 and its 200 day moving average is $917.54. United Rentals has a 12-month low of $701.59 and a 12-month high of $1,177.67.

United Rentals (NYSE:URI) last posted its quarterly earnings results on Tuesday, July 21st. The construction company reported $12.76 earnings per share for the quarter, beating the consensus estimate of $11.53 by $1.23. The firm had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.22 billion. United Rentals had a net margin of 15.67% and a return on equity of 31.93%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $10.47 earnings per share. As a group, sell-side analysts predict that United Rentals will post 46.85 EPS for the current fiscal year.

Insider Activity

In other news, EVP Craig Adam Pintoff sold 2,466 shares of the company’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $963.00, for a total transaction of $2,374,758.00. Following the sale, the executive vice president directly owned 14,774 shares in the company, valued at $14,227,362. This represents a 14.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Joli L. Gross sold 306 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $954.99, for a total transaction of $292,226.94. Following the completion of the transaction, the senior vice president owned 5,738 shares of the company’s stock, valued at $5,479,732.62. This trade represents a 5.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.47% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cardinal Capital Management Inc. grew its stake in United Rentals by 11.6% in the 2nd quarter. Cardinal Capital Management Inc. now owns 49,644 shares of the construction company’s stock worth $56,241,000 after buying an additional 5,142 shares in the last quarter. Diversified Management Inc. purchased a new position in United Rentals in the second quarter worth $294,000. Generali Investments Management Co LLC raised its position in United Rentals by 70.3% during the second quarter. Generali Investments Management Co LLC now owns 264 shares of the construction company’s stock valued at $299,000 after purchasing an additional 109 shares in the last quarter. E. Ohman J or Asset Management AB raised its position in United Rentals by 7.2% during the second quarter. E. Ohman J or Asset Management AB now owns 3,038 shares of the construction company’s stock valued at $3,442,000 after purchasing an additional 205 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. bought a new stake in United Rentals in the 2nd quarter worth approximately $2,171,000. 96.26% of the stock is currently owned by institutional investors.

Key Stories Impacting United Rentals

Here are the key news stories impacting United Rentals this week:

• Positive Sentiment: United Rentals posted record Q2 results, with adjusted EPS of $12.76 and revenue of $4.41 billion, both above estimates, reinforcing the company’s operating momentum. United Rentals (URI) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised 2026 outlook, lifting revenue guidance to $17.5 billion-$17.8 billion and increasing adjusted EBITDA guidance, which suggests confidence that strong demand will continue. United Rentals lifts guidance on record Q2 performance
• Positive Sentiment: Analyst sentiment improved after earnings, with Bank of America raising its price target to $1,300 and reiterating a Buy rating, adding to the bullish tone around the stock. Benzinga coverage of Bank of America rating change
• Neutral Sentiment: The company also declared a quarterly dividend of $1.97 per share, reinforcing shareholder returns but not likely a major driver of the move.
• Neutral Sentiment: Longer-term investor positioning remains mixed, with several institutions adding shares while others reduced holdings, but this appears secondary to the earnings and guidance story.

About United Rentals

United Rentals, Inc (NYSE: URI) is a leading equipment rental company headquartered in Stamford, Connecticut. The firm provides rental solutions and related services to construction, industrial, commercial, and municipal customers. Its business model centers on providing access to a broad fleet of equipment on a short-term or long-term basis, enabling customers to avoid the capital expenditure of ownership and to scale equipment use to match project needs.

The company’s product and service offerings span general construction equipment and a range of specialty categories, including aerial work platforms, earthmoving and excavation machines, material handling equipment, pumps, power and HVAC systems, trench and shoring solutions, and tools.