18 stories mentioning URIUpdated 3d ago
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William E. Grace, Executive Vice President, CFO, on July 24, 2026, sold 1,500 shares in United Rentals (URI) for $1,699,732. Following the Form 4 filing with the SEC, Grace has control over a total of 6,062 common shares of the company, with 6,062 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1067701/000119312526316294/xslF345X05/ownership.xml
United Rentals (URI) is showing consistent performance in an inconsistent environment following its Q2 results beat, Morgan Stanley said in a Friday note."We think URI's results will continue to outperform the group driven by consistent strong execution and idiosyncratic factors," the report said.The note said the company is benefiting among others from self-help cost management, mega project exposure, specialty rental market growth, and market share gains."Combined with capital allocation firepower and the potential for a credit rating upgrade to IG, we see room for continued re-rating of shares," the note said. IG refers to investment grade.Morgan Stanley kept its overweight rating while raising its price target to $1,335 from $1,165.Price: $1138.80, Change: $-0.91, Percent Change: -0.08%
(Updates with index/price moves and company/geopolitical news from the first paragraph.)US equity indexes dropped as government bond yields jumped with crude oil after Iran-aligned Houthis attacked Saudi Arabian tankers in the Red Sea and shares of mega-caps Alphabet (GOOG, GOOGL) and Tesla (TSLA) sank.The Nasdaq Composite slumped 2.1% to 25,141.3, the S&P 500 dropped 1.2% to 7,410.6, and the Dow Jones Industrial Average declined 1% to 51,709.3 after midday Thursday. Consumer discretionary and communication services were the standout decliners, down almost 5% each, while technology also lagged. Industrials and energy topped the gainers.Iran flew Islamic Revolutionary Guard Corps commanders, military advisers, and missile- and drone-related equipment into Yemen this month, according to four sources, in a move that suggests Tehran is seeking to strengthen the ability of its Houthi allies to threaten Red Sea shipping, Reuters reported.Houthi rebels said they attacked two Saudi Arabian oil tankers in the Red Sea on Thursday, according to a report from the Associated Press, widening the disruption to crude oil supplies from the Middle East. President Donald Trump warned Tehran would be held accountable for any further Houthi attacks in the Strait of Hormuz, CNN reported. Secretary of State Marco Rubio said Iran "suckered" the group into attacking shipping lanes, the news report added.The CBOE Volatility Index VIX, also known as the fear gauge for equities, catapulted 14.5% to 19.05.Meanwhile, Jordan, Bahrain and Kuwait have reported retaliatory missile and drone attacks from Iran after a 12th consecutive day of US strikes on the Islamic Republic, Al Jazeera, a Middle Eastern broadcaster, reported.The front-month US West Texas Intermediate soared 6.3% to $92.33 a barrel, and global benchmark North Sea Brent spiked 6.9% to $100.60 a barrel.US Treasury yields jumped, extending gains. The 10-year marched 3.6 basis points higher to 4.69% after touching its highest intraday level in a year. The two-year surged 4.7 basis points to 4.35% after yields hit a fresh 52-week high this week.In precious metal markets, gold futures dropped 2.4% to $4,053.70, and silver futures slumped 3.9% to $57.96.In company news, Tesla shares fell 13%, the worst performer in the S&P 500 and the Nasdaq, after the firm reported a steeper-than-expected drop in Q2 adjusted earnings. Gross and operating margins missed consensus "considerably," and "more important aspects are an increase in capital investments and operating expenses related to the AI transition," Truist Securities said in a note. Free cash flow turned negative in Q2, with an outflow of $1.1 billion.The European Commission fined Alphabet's Google 890 million euros ($1.04 billion) after the company violated the Digital Markets Act through self-preferencing in Google Search and anti-steering practices on Google Play. Shares slumped 6.6%, among the steepest decliners on the S&P 500, the Nasdaq, and the Dow.United Rentals (URI) reported Q2 adjusted earnings and revenue above market expectations and raised its full-year fiscal 2026 sales guidance. Shares soared 12%, one of the top gainers on the S&P 500.Honeywell Technologies (HON) reported Q2 adjusted earnings and sales that beat consensus, and lifted its full-year 2026 earnings guidance range. Shares advanced 5.2%, the Dow's leader.
United Rentals (URI) has an average rating of overweight and mean price target of $1,182.10, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $1161.40, Change: $+126.34, Percent Change: +12.21%
United Rentals (URI) reported Q2 adjusted earnings late Wednesday of $12.76 per diluted share, up from $10.47 a year earlier.Analysts polled by FactSet expected $11.54.Revenue for the three months ended June 30 was $4.41 billion, up from $3.94 billion a year earlier.Analysts expected $4.21 billion.The company raised full-year fiscal 2026 revenue outlook to $17.5 billion to $17.8 billion from $16.9 billion to $17.4 billion earlier. Analysts expect $17.27 billion.
United Rentals (URI) has an average rating of overweight and mean price target of $1,135.75, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $1129.53, Change: $-3.36, Percent Change: -0.30%
United Rentals (URI) has an average rating of overweight and mean price target of $1,085.05, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $1091.56, Change: $+23.79, Percent Change: +2.23%
United Rentals (URI) has an average rating of overweight and mean price target of $1,074.84, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $953.33, Change: $-9.39, Percent Change: -0.98%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.
Matthew John Flannery, Director, President & CEO, on April 24, 2026, sold 22,768 shares in United Rentals (URI) for $22,425,934. Following the Form 4 filing with the SEC, Flannery has control over a total of 99,980 common shares of the company, with 99,980 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1067701/000119312526177433/xslF345X05/ownership.xml
United Rentals' (URI) Q1 beat and outlook raise were driven by strong execution on large projects and cost reductions, UBS Securities said.The company reported Q1 adjusted earnings late Wednesday of $9.71 per diluted share, up from $8.86 a year earlier. Revenue increased to $3.99 billion from $3.72 billion. United Rentals also raised its 2026 revenue outlook to between $16.9 billion and $17.4 billion, from $16.8 billion to $17.3 billion earlier.UBS said in a Thursday note that margin performance in Q1 was better than expected. Rental gross margins and general rental margins rose year over year while specialty margins remained under pressure but improved sequentially. Headwinds from repositioning costs were also significantly lower than a year earlier.Non-residential construction spending is expected to accelerate in the second half of the year, driving EBITDA growth. However, UBS noted there could still be project-related variability later in the year.The firm reiterated its buy rating on United Rentals and a $1,205 price target.Price: $972.20, Change: $-14.58, Percent Change: -1.48%
United Rentals' (URI) Q1 results reflect better-than-expected fundamentals, and it remains one of the preferred picks in US construction, supported by attractive end-market exposure, self-help cost actions, and appropriately conservative full-year guidance, Morgan Stanley said Friday.The company said Q1 rental rates remained positive, driven by a meaningful improvement in fleet productivity. This boosts confidence and helps ease concerns over rising competition, according to the note.Strong Q1 incremental earnings before interest, taxes, depreciation, and amortizaton, or EBITDA margins of approximately 50% also signal a healthy business, bolstering confidence in its self-help cost actions and improving underlying returns, the brokerage said.Even at the high end, United Rentals' full-year guidance reflects both upside potential and a reasonable degree of conservatism given ongoing macroeconomic uncertainty. The company expects modest acceleration in top-line growth of about 8% from Q2 through Q4, compared with 7% in Q1, according to the note.As it leans more toward mega projects, Morgan Stanley believes United Rentals' top-line performance may continue to outperform.The brokerage raised its Q2 sales estimate to $4.23 billion from $4.13 billion, its full-year 2026 estimate to $17.26 billion from $16.91 billion, and its 2027 estimate to $18.35 billion from $17.82 billion.Morgan Stanley maintained an overweight rating on United Rentals and lifted the price target to $1,030 from $1,015.Price: $971.09, Change: $-15.69, Percent Change: -1.59%
United Rentals (URI) has an average rating of overweight and mean price target of $1,059.84, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $976.66, Change: $-10.12, Percent Change: -1.03%
US equity indexes closed lower on Thursday as oil prices rose amid the US-Iran deadlock on the reopening of the Strait of Hormuz.* President Donald Trump said Thursday on Truth Social that he has ordered the US Navy to "shoot and kill" any boat that is laying mines in the Strait of Hormuz, the choke point for about a fifth of global crude oil flows.* US initial jobless claims rose to 214,000 in the week ended April 18 from an upwardly revised 208,000, compared with the 210,000 print expected in a Bloomberg-compiled survey.* May West Texas Intermediate crude oil rose $3.44 to settle at $96.38 per barrel, while June Brent crude, the global benchmark, was last seen up $3.79 at $105.70.* United Rentals (URI) shares were up roughly 23%, the top gainer on the S&P 500, after the company reported higher Q1 adjusted earnings and revenue and lifted its 2026 sales guidance.* ServiceNow (NOW) shares were down nearly 18% after the company reported strong Q1 results, but softer organic revenue trends and a slightly weaker margin outlook weighed on its overall forecast, Oppenheimer said in a note.
Texas Instruments (TXN) reported higher Q1 earnings and revenue late Wednesday and also set out Q2 guidance above consensus.Shares advanced 19% as intraday trading volume soared to over 17 million from a daily average of roughly 7.4 million.United Rentals (URI) reported overnight higher Q1 adjusted earnings and revenue and lifted its 2026 sales guidance.Shares soared 21%, with intraday trading volume climbing over 925,500 from a daily average of about 656,000.West Pharmaceutical Services (WST) reported higher Q1 non-GAAP earnings and net sales on Thursday. The company also issued a Q2 outlook above analysts' expectations and raised its 2026 guidance.Shares climbed 12% as intraday trading volume jumped to over 1.47 million from a daily average of about 944,000.Price: $281.28, Change: $+44.97, Percent Change: +19.03%
US equity indexes fell in midday trading on Thursday as investors evaluated quarterly earnings, and after Washington and Tehran remained deadlocked over a reopening of the Strait of Hormuz, the chokepoint for about a fifth of global crude oil flows.The Nasdaq Composite fell 0.9% to 24,443.5, with the Dow Jones Industrial Average down by 0.6% to 49,181.9. The S&P 500 was 0.5% lower at 7,098.8.Financials and technology led the decliners, while utilities and industrials were among the top gainers.Tesla (TSLA) shares dropped 3.8% after the electric vehicle manufacturer issued higher-than-expected 2026 capital expenditure guidance. TechCrunch reported the electric vehicle manufacturer is planning to spend $25 billion this year, compared with $8.5 billion in 2025.ServiceNow (NOW) reported strong Q1 results, but softer organic revenue trends and a slightly weaker margin outlook weighed on its overall forecast, Oppenheimer said in a note. Shares of ServiceNow sank 18.6%, the worst performer on the S&P 500.International Business Machines (IBM) fell 10%, the steepest decline on the Dow, following its quarterly results. Software growth decelerated to 8% in constant currency from 11% in Q4 and 9% in Q3, a "potential red flag for the bears," CFRA said in a note.Texas Instruments (TXN) shares were up nearly 19%, among the biggest outperformers on the S&P 500 and the Nasdaq, after the company posted higher Q1 earnings and revenue and set out Q2 guidance above consensus.United Rentals (URI) traded 22% higher, the top gainer on the S&P 500, after the company reported overnight higher Q1 adjusted earnings and revenue and lifted its 2026 sales guidance.President Donald Trump has ordered the US Navy to "shoot and kill" any boat that is laying mines in Hormuz, according to his Truth Social post on Thursday. On the same day, Iran flaunted its tightened grip over Hormuz with a video of commandos storming a cargo ship named MSC Francesca, Reuters reported.The United States and Iran remain at an impasse, with Tehran refusing to negotiate a peace deal as long as the US Navy continues to blockade its ports and Washington refuses to lift the siege. Mediators are trying to get the diplomatic process back on track, including arranging a possible meeting between warring parties as soon as Friday, The Wall Street Journal reported.West Texas Intermediate crude oil futures rose 2.8% to $92.13, and Brent crude futures advanced 1.7% to $103.63.In precious metals, gold futures were steady at $4,751.5, and silver futures dropped 2% to $76.44.In economic news, US initial jobless claims rose to 214,000 in the week ended April 18 from an upwardly revised 208,000, compared with the 210,000 print expected in a Bloomberg-compiled survey.Meanwhile, the April flash reading of manufacturing conditions from S&P Global improved to a 47-month high of 54.0 from 52.3 in March, compared with the 52.5 anticipated in a Bloomberg-compiled poll.US Treasury yields were mixed, with the 10-year increasing 4.3 basis points at 4.34% and the two-year adding 3.5 basis points at 3.83%.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:URI delivered strong Q1 results with operating EPS of $9.71, beating consensus by $0.77, while total revenue reached $3.9B (+7.2%) with rental revenue of $3.4B (+8.7%). Adjusted EBITDA margin of 44.1% declined 80 bps Y/Y, but excluding the prior year H&E merger termination benefit, margins actually expanded 60 bps, signaling an important inflection from persistent compression. We see this as evidence that management's restructuring efforts are paying off, with margin pressures finally showing signs of stabilization. The strong quarter enabled URI to raise full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B. Segment results were mixed, with general rentals achieving 6.2% revenue growth and 150 bps margin expansion to 33.8%, while specialty rentals posted robust 13.8% revenue growth but faced 170 bps margin compression to 41.4%. We believe leverage remains well below historical levels, positioning URI for accretive M&A deals that could generate additional guidance lifts.
United Rentals (URI) reported Q1 adjusted earnings late Wednesday of $9.71 per diluted share, up from $8.86 a year earlier.Analysts polled by FactSet expected $8.95.Revenue for the three months ended March 31 was $3.99 billion, up from $3.72 billion a year earlier.Analysts surveyed by FactSet expected $3.87 billion.The company now expects full-year 2026 revenue of $16.9 billion to $17.4 billion from $16.8 billion to $17.3 billion earlier. Analysts expect $17.07 billion.
