Herc Holdings delivers equipment rental and specialty solutions to construction, industrial, and commercial clients nationwide.On Feb. 5, GAMCO Investors reported selling 34,492 shares of Herc Holdings (HRI +1.49%) in a fourth-quarter SEC filing, an estimated $4.73 million trade based on quarterly average pricing.What happenedAccording to its SEC filing dated Feb. 5, GAMCO Investors sold 34,492 shares of Herc Holdings (HRI +1.49%) during the fourth quarter. The estimated trade size was $4.73 million, based ...

Investors with an interest in Transportation - Equipment and Leasing stocks have likely encountered both Herc Holdings (HRI) and Westinghouse Air Brake Technologies (WAB) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank pu ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Herc Holdings (HRI) , which belongs to the Zacks Transportation - Equipment and Leasing industry.This equipment rental supplier has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 33.14%.For the most recent quarter, Herc Holdings was expected to post earn ...

Core Viewpoint - Wells Fargo analysts suggest that a combination of tax refund spending, improved earnings in previously lagging sectors, and new liquidity from the Federal Reserve could lead to a "reflation" in equities [1] Group 1 - Tax refund spending is expected to contribute positively to market dynamics [1] - Stronger earnings are anticipated in sectors that have previously underperformed [1] - Fresh liquidity from the Federal Reserve is seen as a catalyst for potential equity market growth [1]

Core Viewpoint - The Zacks Transportation - Equipment and Leasing industry is facing a challenging macroeconomic environment characterized by persistent inflation, tariff-related tensions, and supply-chain disruptions, which are further exacerbated by geopolitical issues [1][6]. Industry Overview - The industry encompasses companies that provide equipment financing, leasing, and supply-chain management services, including aircraft, railcar, and intermodal container lessors [3]. - Participants in this industry offer fleet management solutions to a diverse customer base, including small businesses and large international enterprises, with significant clients in automotive, electronics, transportation, grocery, lumber, food service, and home furnishing sectors [4]. Financial Performance and Outlook - Companies in the industry are demonstrating strong financial returns for shareholders through dividend payouts and share buybacks, indicating financial strength and confidence in their business models [2][5]. - Ryder's board approved a 12% dividend increase, raising its quarterly cash dividend to $0.91 per share, while Wabtec announced a 25% increase, raising its quarterly cash dividend from $0.20 to $0.25 [5]. Economic Challenges - The industry is grappling with economic uncertainties due to tariff tensions and inflation, which are likely to dampen stock prospects and contribute to market volatility [6]. - Lingering supply-chain disruptions and weak freight rates are negatively impacting the industry's performance, with the Cass Freight Shipments Index declining 7.6% year over year in November, marking a downward trend for seven consecutive months [7]. Industry Ranking and Performance - The Zacks Transportation - Equipment and Leasing industry currently holds a Zacks Industry Rank of 187, placing it in the bottom 22% of over 250 Zacks industries, indicating gloomy near-term prospects [8][9]. - Over the past year, the industry has underperformed the S&P 500 Composite index, declining 17.8% compared to the S&P 500's increase of 17.8% [11]. Current Valuation - The industry is trading at a forward 12-month price-to-earnings (P/E) ratio of 14.24X, which is below the S&P 500's 23.21X and the sector's P/E ratio of 13.78X [12]. Notable Companies - **AerCap**: Engages in leasing and managing commercial flight equipment, with a strong earnings surprise history and an expected earnings growth rate of 22.81% for 2025, carrying a Zacks Rank of 1 (Strong Buy) [14][15]. - **Wabtec**: Offers technology-based locomotives and services for freight rail and passenger transit, with a strong free cash flow and an expected earnings growth rate of 18.39% for 2025, holding a Zacks Rank of 3 (Hold) [16][17]. - **Herc Holdings**: Operates as an equipment rental supplier, with a solid earnings surprise history and a Zacks Rank of 3 [18][19].

Core Insights - The article highlights the author's extensive experience in financial analysis across various sectors, emphasizing expertise in market analysis, valuation models, and investment strategy [1] Group 1: Company Experience - The author has over 13 years of diverse financial analysis experience, particularly in the Auto, Industrials, and IT sectors [1] - The author has worked in treasury roles at Ford and Caterpillar, indicating a strong background in corporate finance [1] - The author managed investor relations and strategic finance for a listed IT company with a market capitalization of approximately USD 2.5 billion [1] Group 2: Analytical Skills - The author possesses strong expertise in connecting company strategy with industry-specific knowledge to understand business growth drivers [1] - The background includes experience as an equity research analyst, which contributes to the author's analytical capabilities [1]

Core Insights - The article highlights the author's extensive experience in financial analysis across various sectors, including Auto, Industrials, and IT, emphasizing a strong background in equity research and investment strategy [1] Group 1: Company Experience - The author has over 13 years of diverse financial analysis experience, having worked in treasury roles at Ford and Caterpillar [1] - The author managed investor relations and strategic finance for a listed IT company with a market capitalization of approximately USD 2.5 billion [1] Group 2: Analytical Skills - The author possesses strong expertise in market analysis, valuation models, and investment strategy, which are critical for understanding business growth drivers [1] - The ability to connect company strategy with industry-specific knowledge is emphasized as a key strength in analyzing business growth [1]

Core Points - Herc Holdings, Inc. has priced $600 million aggregate principal amount of 5.750% senior unsecured notes due 2031 and $600 million aggregate principal amount of 6.000% senior unsecured notes due 2034 in a private offering [1] Group 1 - The total amount of notes issued by the company is $1.2 billion [1] - The 2031 notes carry an interest rate of 5.750% [1] - The 2034 notes carry an interest rate of 6.000% [1] Group 2 - The offering is exempt from the registration requirements of the Securities Act of 1933, as amended [1]

Core Viewpoint - Herc Holdings, Inc. plans to offer $1,200 million in aggregate principal amount of senior unsecured notes due in 2031 and 2034 in a private offering exempt from registration requirements [1] Group 1 - The offering is subject to market and other conditions [1] - The specific terms of the notes will be determined at a later date [1]

Core Viewpoint - Herc Holdings Inc. has announced the promotion of Aaron Birnbaum to president, effective January 1, 2026, as part of the company's succession plan, while Larry Silber continues as CEO [1][2]. Group 1: Leadership Changes - Aaron Birnbaum, previously senior vice president and COO, will take on the role of president, expanding his responsibilities while maintaining leadership over the company's operational strategy and integration plan [1][3]. - Larry Silber will remain as CEO and a member of the Board of Directors, ensuring continuity in leadership during this transition [2]. Group 2: Aaron Birnbaum's Experience - Birnbaum has over 35 years of experience in the equipment rental industry, all with Herc Rentals and its predecessor [3]. - He has been COO since January 2020, overseeing operations including sales, fleet management, safety, procurement, marketing, and customer care [3][4]. - Throughout his career, he has led operational activities across all geographic zones and has been involved in strategic planning, operational execution, and M&A activities [4]. Group 3: Company Overview - Herc Holdings Inc. operates through Herc Rentals Inc. and has 612 locations across North America, with pro forma total revenues of approximately $5.1 billion for 2024 [6]. - The company offers a full line of rental products and services, including aerial, earthmoving, material handling equipment, and industry-specific solutions [6]. - Herc Rentals employs around 9,900 individuals, focusing on helping customers work more efficiently and safely [6].