H&E Equipment ServicesHEES
Market Cap: 1.95B
About: H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; sales of rental equipment; parts sales; and services. The majority of its revenue is derived from the equipment rentals segment.
Employees: 2,765
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 4 (+3) [Q1 2024]
221% more call options, than puts
Call options by funds: $9.17M | Put options by funds: $2.86M
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
23% more capital invested
Capital invested by funds: $1.47B [Q4 2023] → $1.82B (+$346M) [Q1 2024]
6% more funds holding
Funds holding: 200 [Q4 2023] → 212 (+12) [Q1 2024]
0.56% more ownership
Funds ownership: 77.31% [Q4 2023] → 77.87% (+0.56%) [Q1 2024]
25% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 83
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
UBS Steven Fisher | 18%upside $63 | Buy Maintained | 24 May 2024 |
Stifel Stanley Elliott | 22%upside $65 | Buy Maintained | 1 May 2024 |
Wells Fargo Seth Weber | 18%upside $63 | Overweight Maintained | 23 Feb 2024 |
Stifel Stanley Elliott | 30%upside $69 | Buy Maintained | 23 Feb 2024 |
Financial journalist opinion
Based on 25 articles about HEES published over the past 30 days