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United Rentals, Inc. (NYSE: URI) Price Target and Investment Insights
Financial Modeling Prep· 2026-01-30 22:11
Core Viewpoint - United Rentals, Inc. (NYSE: URI) is a prominent equipment rental company in North America, with a price target set by Truist Financial at $972, indicating a potential upside of 24.73% from its current price of $779.29 [1][5]. Group 1: Company Overview - United Rentals provides a diverse range of construction and industrial equipment, serving sectors such as construction, industrial, and government [1]. - The company competes with other rental firms like Sunbelt Rentals and Herc Rentals [1]. Group 2: Investor Activity - Bank of New York Mellon Corp reduced its stake in United Rentals by 0.4% during the third quarter, now holding 372,351 shares valued at $355 million, indicating a cautious approach [2]. - Woodline Partners LP increased its stake by 40% in the first quarter, acquiring an additional 1,577 shares, bringing their total to 5,518 shares valued at $3.5 million [3]. - GC Wealth Management RIA LLC acquired a new stake valued at approximately $385,000, reflecting confidence in the company's potential [3]. Group 3: Stock Performance - The current stock price of United Rentals is $776.54, reflecting a decrease of 1.33% or $10.50, with a market capitalization of approximately $49.41 billion [4]. - Over the past year, the stock has experienced significant volatility, reaching a high of $1,021.47 and a low of $525.91 [4].