Rep. Greg Landsman Sells United Rentals, Inc. (NYSE:URI) Shares

Representative Greg Landsman (D-Ohio) recently sold shares of United Rentals, Inc. NYSE: URI. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in United Rentals stock on March 27th. The trade occurred in the Representative's "SARAH LANDSMAN TRADITIONAL IRA" account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Cadence Design Systems NASDAQ: CDNS on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Simon Property Group NYSE: SPG on 3/27/2025.
• Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Visa NYSE: V on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Cencora NYSE: COR on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Equinix NASDAQ: EQIX on 3/27/2025.

United Rentals Stock Performance

NYSE:URI traded up $0.82 during mid-day trading on Tuesday, hitting $597.65. 530,774 shares of the company traded hands, compared to its average volume of 590,165. The stock's fifty day moving average price is $638.42 and its 200-day moving average price is $737.67. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 1.42. United Rentals, Inc. has a one year low of $525.91 and a one year high of $896.98. The firm has a market cap of $39.05 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.43 and a beta of 1.72.

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United Rentals (NYSE:URI - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The construction company reported $11.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $11.65 by ($0.06). United Rentals had a net margin of 16.78% and a return on equity of 34.21%. Research analysts anticipate that United Rentals, Inc. will post 44.8 earnings per share for the current fiscal year.

United Rentals Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $1.79 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This is an increase from United Rentals's previous quarterly dividend of $1.63. This represents a $7.16 annualized dividend and a yield of 1.20%. United Rentals's payout ratio is 18.48%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. UBS Group cut shares of United Rentals from a "buy" rating to a "sell" rating and reduced their price objective for the stock from $910.00 to $485.00 in a research note on Monday, April 7th. JPMorgan Chase & Co. cut their price target on United Rentals from $1,000.00 to $750.00 and set an "overweight" rating for the company in a research note on Monday. Evercore ISI lowered their price objective on United Rentals from $1,004.00 to $974.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 19th. Truist Financial dropped their price objective on United Rentals from $956.00 to $732.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Finally, Robert W. Baird raised United Rentals from an "underperform" rating to a "neutral" rating and set a $658.00 target price on the stock in a research note on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $734.29.

Insider Activity

In other United Rentals news, CFO William E. Grace sold 1,100 shares of United Rentals stock in a transaction on Monday, February 24th. The shares were sold at an average price of $638.10, for a total transaction of $701,910.00. Following the completion of the transaction, the chief financial officer now directly owns 6,880 shares of the company's stock, valued at $4,390,128. The trade was a 13.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.53% of the company's stock.

Institutional Investors Weigh In On United Rentals

Several large investors have recently bought and sold shares of URI. GHP Investment Advisors Inc. raised its position in shares of United Rentals by 6.3% during the 4th quarter. GHP Investment Advisors Inc. now owns 14,855 shares of the construction company's stock valued at $10,464,000 after buying an additional 877 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in United Rentals by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 445,214 shares of the construction company's stock worth $313,627,000 after acquiring an additional 6,787 shares during the last quarter. Fiduciary Alliance LLC raised its position in United Rentals by 196.5% during the fourth quarter. Fiduciary Alliance LLC now owns 1,420 shares of the construction company's stock valued at $1,000,000 after purchasing an additional 941 shares during the period. Blueshift Asset Management LLC bought a new stake in shares of United Rentals in the 4th quarter valued at approximately $649,000. Finally, Nordea Investment Management AB boosted its holdings in shares of United Rentals by 7.6% in the 4th quarter. Nordea Investment Management AB now owns 732,954 shares of the construction company's stock worth $517,018,000 after purchasing an additional 52,037 shares during the period. Institutional investors own 96.26% of the company's stock.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2026 election. Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.

United Rentals Company Profile

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.