Herc (NYSE:HRI) Given New $165.00 Price Target at BNP Paribas Exane

Herc (NYSE:HRI) had its price target raised by research analysts at BNP Paribas Exane from $160.00 to $165.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the transportation company’s stock. BNP Paribas Exane’s target price points to a potential upside of 12.80% from the stock’s current price.

HRI has been the subject of several other reports. Citigroup raised their price objective on shares of Herc from $155.00 to $175.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. upped their target price on Herc from $140.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Zacks Research upgraded Herc from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 9th. Weiss Ratings upgraded Herc from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Finally, KeyCorp upped their price target on Herc from $165.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Herc has an average rating of “Hold” and a consensus price target of $177.00.

Herc Trading Down 1.3%

Herc stock traded down $1.96 during mid-day trading on Wednesday, reaching $146.28. 555,651 shares of the company traded hands, compared to its average volume of 596,627. The company has a debt-to-equity ratio of 4.24, a current ratio of 1.46 and a quick ratio of 1.46. The firm’s 50 day moving average price is $143.76 and its 200 day moving average price is $137.01. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of -543.50, a P/E/G ratio of 29.05 and a beta of 1.88. Herc has a 52-week low of $88.45 and a 52-week high of $188.35.

Herc (NYSE:HRI) last posted its earnings results on Tuesday, July 28th. The transportation company reported $1.43 EPS for the quarter, topping the consensus estimate of $0.76 by $0.67. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Herc had a negative net margin of 0.11% and a positive return on equity of 10.72%. The company’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same period last year, the company posted $1.87 EPS. On average, analysts anticipate that Herc will post 5.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Herc

A number of institutional investors have recently made changes to their positions in HRI. Norges Bank bought a new stake in shares of Herc during the fourth quarter valued at approximately $287,269,000. Northwestern Mutual Wealth Management Co. lifted its position in Herc by 86,823.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,335,138 shares of the transportation company’s stock valued at $198,108,000 after acquiring an additional 1,333,602 shares in the last quarter. Freestone Grove Partners LP boosted its stake in Herc by 667.9% during the 4th quarter. Freestone Grove Partners LP now owns 573,149 shares of the transportation company’s stock valued at $85,044,000 after purchasing an additional 498,511 shares during the last quarter. Invesco Ltd. boosted its stake in Herc by 11.2% during the 3rd quarter. Invesco Ltd. now owns 4,123,437 shares of the transportation company’s stock valued at $481,040,000 after purchasing an additional 413,719 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Herc by 305.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 425,582 shares of the transportation company’s stock worth $63,148,000 after purchasing an additional 320,649 shares in the last quarter. Hedge funds and other institutional investors own 93.11% of the company’s stock.

More Herc News

Here are the key news stories impacting Herc this week:

• Positive Sentiment: Second-quarter results exceeded expectations. Herc reported adjusted earnings of $1.43 per share, well above the $0.76 consensus estimate, while revenue rose 20.2% year over year to $1.20 billion, topping the $1.16 billion forecast. Herc Holdings Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised its full-year 2026 outlook. The upgraded guidance reflects rental-rate growth, demand from large infrastructure and other mega-projects, and stronger operating performance on a combined basis following the H&E Equipment Services acquisition. Herc Holdings Reports Second Quarter 2026 Results and Increases 2026 Full Year Guidance
• Positive Sentiment: H&E synergies are strengthening the investment case. Integration-related revenue gains and cost savings are contributing to growth, with incremental annualized cost savings expected to reach approximately $125 million by year-end. Herc Holdings’ Dip Offers An Entry Point
• Neutral Sentiment: The stock had already risen sharply since March, leading some investors to view the post-earnings pullback as profit-taking rather than a change in the fundamental outlook. Analysts and bullish commentary continue to describe valuation as attractive relative to growth prospects.
• Negative Sentiment: Although earnings beat estimates, quarterly EPS declined from $1.87 a year earlier, and Herc reported a slightly negative net margin. The company’s debt-to-equity ratio of 4.24 also leaves investors sensitive to integration execution, financing costs and cyclical weakness in equipment-rental demand.

About Herc

Herc Holdings Inc (NYSE: HRI) operates as a leading equipment rental provider in North America, offering a wide range of machinery and support services to construction, industrial, government and event sectors. The company’s fleet includes aerial work platforms, earthmoving equipment, material handling solutions, power generation units and specialty tools, enabling clients to scale their operations without the capital expense of ownership. In addition to basic machinery rentals, Herc provides value-added services such as equipment maintenance, on-site safety training and project consulting to help customers optimize productivity and maintain compliance with industry standards.

Founded as part of Hertz Global Holdings, the equipment rental business was spun off as an independent public company in early 2016.