United Rentals, Inc. $URI Stake Boosted by Lazard Asset Management LLC

27 Jul 2026, 10:27 by Michael Walen · The Markets Daily

Lazard Asset Management LLC raised its position in shares of United Rentals, Inc. (NYSE:URI – Free Report) by 15.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 173,254 shares of the construction company’s stock after acquiring an additional 23,135 shares during the period. Lazard Asset Management LLC’s holdings in United Rentals were worth $126,226,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in United Rentals during the 4th quarter worth about $978,017,000. Corient Private Wealth LLC lifted its position in shares of United Rentals by 1,667.4% in the fourth quarter. Corient Private Wealth LLC now owns 343,965 shares of the construction company’s stock worth $278,378,000 after purchasing an additional 324,503 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of United Rentals by 3,459.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 196,688 shares of the construction company’s stock worth $159,184,000 after purchasing an additional 191,162 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of United Rentals during the fourth quarter worth approximately $102,945,000. Finally, Victory Capital Management Inc. grew its position in United Rentals by 103.7% during the fourth quarter. Victory Capital Management Inc. now owns 231,018 shares of the construction company’s stock valued at $186,967,000 after purchasing an additional 117,584 shares in the last quarter. Institutional investors and hedge funds own 96.26% of the company’s stock.

United Rentals News Summary

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

Positive Sentiment: JPMorgan raised its price target on United Rentals to $1,235 and kept an overweight rating, signaling confidence in continued upside. JPMorgan price target increase
Positive Sentiment: Truist boosted its target to $1,466 and maintained a buy rating, reflecting a more optimistic view of URI’s earnings power and demand trends. Truist price target increase
Positive Sentiment: Citigroup raised its target to $1,330 with a buy rating after the company’s strong Q2 results and improved guidance. Citigroup price target increase
Positive Sentiment: Bank of America increased its target to $1,300 and reiterated a buy rating, adding to the positive analyst momentum around the stock. Bank of America price target increase
Positive Sentiment: United Rentals reported Q2 earnings of $12.76 per share and revenue of $4.41 billion, both ahead of expectations, and raised full-year guidance on stronger rental growth and demand. Q2 earnings beat and guidance raise
Neutral Sentiment: The company also declared a quarterly dividend of $1.97 per share, which is a modest shareholder-return update but not likely the main driver of today’s trading. Dividend announcement

United Rentals Price Performance

NYSE URI opened at $1,140.19 on Monday. The stock has a 50-day simple moving average of $1,052.87 and a 200 day simple moving average of $919.31. The stock has a market capitalization of $70.97 billion, a PE ratio of 27.38, a P/E/G ratio of 1.51 and a beta of 1.79. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.70 and a current ratio of 0.76. United Rentals, Inc. has a twelve month low of $701.59 and a twelve month high of $1,177.67.

United Rentals (NYSE:URI – Get Free Report) last announced its earnings results on Tuesday, July 21st. The construction company reported $12.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.53 by $1.23. United Rentals had a net margin of 15.67% and a return on equity of 31.72%. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same quarter in the previous year, the firm posted $10.47 earnings per share. United Rentals’s revenue was up 11.8% compared to the same quarter last year. Research analysts anticipate that United Rentals, Inc. will post 47.32 EPS for the current year.

United Rentals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th will be paid a $1.97 dividend. This represents a $7.88 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, August 12th. United Rentals’s dividend payout ratio is presently 18.92%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Royal Bank Of Canada upped their price objective on shares of United Rentals from $1,041.00 to $1,119.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,275.00 target price on shares of United Rentals in a research report on Wednesday, June 10th. Citigroup increased their price objective on United Rentals from $1,270.00 to $1,330.00 and gave the stock a “buy” rating in a report on Friday. BNP Paribas Exane raised shares of United Rentals from a “neutral” rating to an “outperform” rating and set a $1,320.00 price objective on the stock in a research report on Monday, June 29th. Finally, Robert W. Baird set a $1,300.00 target price on shares of United Rentals in a research note on Friday. Fifteen analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,226.50.

Check Out Our Latest Analysis on URI

About United Rentals

(Free Report)

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.