PNC Financial Services Group Inc. Has $42.33 Million Holdings in United Rentals, Inc. $URI

PNC Financial Services Group Inc. trimmed its stake in shares of United Rentals, Inc. (NYSE:URI) by 1.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,106 shares of the construction company’s stock after selling 651 shares during the period. PNC Financial Services Group Inc. owned approximately 0.09% of United Rentals worth $42,334,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of URI. Beacon Investment Advisory Services Inc. grew its holdings in shares of United Rentals by 1,358.7% during the fourth quarter. Beacon Investment Advisory Services Inc. now owns 8,227 shares of the construction company’s stock worth $6,658,000 after buying an additional 7,663 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in United Rentals by 18.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,756 shares of the construction company’s stock valued at $9,514,000 after acquiring an additional 1,846 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in United Rentals by 52.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 3,241 shares of the construction company’s stock valued at $2,623,000 after acquiring an additional 1,109 shares during the last quarter. Addenda Capital Inc. lifted its position in United Rentals by 21.3% during the 4th quarter. Addenda Capital Inc. now owns 16,739 shares of the construction company’s stock worth $13,547,000 after acquiring an additional 2,939 shares during the period. Finally, Whittier Trust Co. grew its stake in shares of United Rentals by 2.6% in the 4th quarter. Whittier Trust Co. now owns 61,408 shares of the construction company’s stock valued at $54,782,000 after purchasing an additional 1,529 shares during the last quarter. 96.26% of the stock is owned by institutional investors.

United Rentals Stock Performance

NYSE:URI opened at $1,142.57 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.74 and a debt-to-equity ratio of 1.37. The firm has a 50-day moving average price of $1,049.29 and a two-hundred day moving average price of $917.54. United Rentals, Inc. has a twelve month low of $701.59 and a twelve month high of $1,177.67. The company has a market capitalization of $71.58 billion, a P/E ratio of 27.44, a price-to-earnings-growth ratio of 1.65 and a beta of 1.79.

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

United Rentals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Wednesday, August 12th will be given a dividend of $1.97 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $7.88 annualized dividend and a yield of 0.7%. United Rentals’s dividend payout ratio is 20.10%.

More United Rentals News

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

• Positive Sentiment: United Rentals reported record Q2 2026 results, beating estimates on both earnings and revenue, with EPS of $12.76 versus consensus around $11.53 and revenue of $4.41 billion versus $4.22 billion expected. United Rentals (URI) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised 2026 guidance, signaling management expects continued momentum from strong rental demand, better fleet productivity, and specialty business strength. United Rentals Q2 Earnings Beat on Rental Growth, ’26 Guidance Raised
• Positive Sentiment: Bank of America boosted its price target on URI to $1,300 from $1,195 and reiterated a buy rating, reflecting confidence in further upside after the earnings beat. Benzinga report on Bank of America price target increase
• Positive Sentiment: Management highlighted record revenue, record rental revenue, and strong shareholder returns, which reinforced the bullish reaction in the stock.
• Neutral Sentiment: United Rentals also declared a quarterly dividend of $1.97 per share, which is supportive for income investors but not the main driver of the move.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on URI shares. Weiss Ratings lowered shares of United Rentals from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 9th. UBS Group restated a “buy” rating and issued a $1,350.00 target price on shares of United Rentals in a research note on Thursday. Truist Financial lifted their target price on shares of United Rentals from $1,209.00 to $1,421.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Bank of America boosted their price target on shares of United Rentals from $1,195.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Sanford C. Bernstein set a $903.00 price target on shares of United Rentals and gave the stock an “outperform” rating in a report on Thursday, April 9th. 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 company’s stock. According to MarketBeat.com, United Rentals has an average rating of “Moderate Buy” and a consensus target price of $1,149.69.

Insider Activity at United Rentals

In other news, EVP Craig Adam Pintoff sold 2,466 shares of the company’s stock in a transaction on 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 completion of 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 position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Joli L. Gross sold 306 shares of the company’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $954.99, for a total value of $292,226.94. Following the sale, the senior vice president owned 5,738 shares of the company’s stock, valued at $5,479,732.62. This 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.

United Rentals Company Profile

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.