Rep. Thomas R. Suozzi Sells Off Shares of United Rentals, Inc. (NYSE:URI)

Representative Thomas R. Suozzi (Democratic-New York) recently sold shares of United Rentals, Inc. (NYSE:URI). In a filing disclosed on March 17th, the Representative disclosed that they had sold between $15,001 and $50,000 in United Rentals stock on February 18th. The trade occurred in the Representative’s “THOMAS SUOZZI IRA FBO THOMAS SUOZZI” account.

Representative Thomas R. Suozzi also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 2/18/2026.
• Sold $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/18/2026.
• Sold $15,001 – $50,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 2/18/2026.

United Rentals Trading Up 0.4%

Shares of NYSE URI traded up $2.66 during midday trading on Wednesday, reaching $749.50. The stock had a trading volume of 218,492 shares, compared to its average volume of 697,624. The company’s 50 day moving average price is $841.97 and its 200 day moving average price is $869.26. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.88 and a current ratio of 0.94. United Rentals, Inc. has a twelve month low of $525.91 and a twelve month high of $1,021.47. The firm has a market cap of $47.22 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 1.18 and a beta of 1.66.

United Rentals (NYSE:URI) last posted its quarterly earnings data on Wednesday, January 28th. The construction company reported $11.09 earnings per share for the quarter, missing the consensus estimate of $11.86 by ($0.77). United Rentals had a return on equity of 30.35% and a net margin of 15.49%.The firm had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same quarter last year, the company earned $11.59 earnings per share. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. As a group, sell-side analysts expect that United Rentals, Inc. will post 44.8 EPS for the current year.

United Rentals Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Wednesday, February 11th were issued a dividend of $1.97 per share. This represents a $7.88 annualized dividend and a yield of 1.1%. The ex-dividend date was Wednesday, February 11th. This is a positive change from United Rentals’s previous quarterly dividend of $1.79. United Rentals’s dividend payout ratio (DPR) is 20.37%.

United Rentals declared that its board has initiated a stock repurchase program on Wednesday, January 28th that permits the company to buyback $5.00 billion in shares. This buyback authorization permits the construction company to reacquire up to 8.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at United Rentals

In other United Rentals news, EVP Michael D. Durand sold 2,490 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $791.14, for a total transaction of $1,969,938.60. Following the transaction, the executive vice president directly owned 7,458 shares in the company, valued at approximately $5,900,322.12. This trade represents a 25.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP William E. Grace sold 1,498 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $790.89, for a total value of $1,184,753.22. Following the transaction, the executive vice president owned 6,872 shares in the company, valued at approximately $5,434,996.08. This trade represents a 17.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.51% of the company’s stock.

Hedge Funds Weigh In On United Rentals

A number of institutional investors and hedge funds have recently made changes to their positions in URI. TD Waterhouse Canada Inc. boosted its stake in United Rentals by 73.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 5,740 shares of the construction company’s stock valued at $5,533,000 after purchasing an additional 2,428 shares during the last quarter. National Pension Service raised its stake in shares of United Rentals by 4.5% in the third quarter. National Pension Service now owns 103,146 shares of the construction company’s stock worth $98,469,000 after purchasing an additional 4,415 shares during the last quarter. North Growth Management Ltd. raised its stake in shares of United Rentals by 22.2% in the third quarter. North Growth Management Ltd. now owns 11,000 shares of the construction company’s stock worth $10,189,000 after purchasing an additional 2,000 shares during the last quarter. HB Wealth Management LLC lifted its holdings in shares of United Rentals by 37.2% in the third quarter. HB Wealth Management LLC now owns 6,608 shares of the construction company’s stock valued at $6,308,000 after purchasing an additional 1,790 shares in the last quarter. Finally, Independent Advisor Alliance lifted its holdings in shares of United Rentals by 11.6% in the third quarter. Independent Advisor Alliance now owns 9,108 shares of the construction company’s stock valued at $8,695,000 after purchasing an additional 947 shares in the last quarter. Institutional investors own 96.26% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Wells Fargo & Company upped their price target on shares of United Rentals from $995.00 to $1,071.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. KeyCorp set a $950.00 price objective on United Rentals in a research note on Friday, January 30th. Weiss Ratings restated a “hold (c+)” rating on shares of United Rentals in a research report on Wednesday, January 21st. Robert W. Baird set a $970.00 target price on United Rentals in a research note on Friday, January 30th. Finally, Royal Bank Of Canada dropped their price target on United Rentals from $1,123.00 to $1,041.00 and set an “outperform” rating on the stock in a research note on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $925.59.

About Representative Suozzi

Thomas Richard Suozzi (born August 31, 1962) is an American politician, attorney, and accountant serving as the U.S. representative for New York’s 3rd congressional district since 2024 and previously from 2017 to 2023. A member of the Democratic Party, he was the county executive of Nassau County on Long Island from 2002 to 2009, when he was unseated by Republican Ed Mangano. Before that, Suozzi served eight years as the mayor of Glen Cove in Nassau County.

In 2006, he ran unsuccessfully against Eliot Spitzer for the Democratic nomination for governor of New York. Suozzi was elected to the U.S. House of Representatives in 2016 and reelected in 2018 and 2020. He retired from Congress to run again for the Democratic gubernatorial nomination in 2022, losing to incumbent governor Kathy Hochul.

In October 2023, Suozzi announced that he would run for his old congressional seat in 2024.After Congress expelled George Santos that December, a special election to fill the remainder of the term was scheduled for February 13, 2024. Suozzi was selected as the Democratic nominee, and then won the special election, reclaiming the seat for Democrats.

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.