Herc Holdings
About: Herc Holdings Inc is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.4 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' prepares now to incorporate long-term rentals to industrial customers where Herc maintains its own staff at the customer site.
Employees: 7,600
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
2.05% more ownership
Funds ownership: 96.73% [Q4 2024] → 98.77% (+2.05%) [Q1 2025]
8% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 106
9% less call options, than puts
Call options by funds: $22.1M | Put options by funds: $24.2M
6% less funds holding
Funds holding: 315 [Q4 2024] → 296 (-19) [Q1 2025]
19% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 63
27% less capital invested
Capital invested by funds: $5.2B [Q4 2024] → $3.78B (-$1.42B) [Q1 2025]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 4 (-2) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$110
3%
downside
Avg. target
$139
22%
upside
High target
$160
40%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Barclays Adam Seiden | 40%upside $160 | Overweight Maintained | 24 Apr 2025 |
Goldman Sachs Jerry Revich | 28%upside $146 | Buy Maintained | 23 Apr 2025 |
Baird Mircea Dobre | 3%downside $110 | Neutral Maintained | 23 Apr 2025 |
JP Morgan Tami Zakaria | 23%upside $140 | Neutral Maintained | 14 Apr 2025 |
Citigroup Kyle Menges | 23%upside $140 | Buy Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 6 articles about HRI published over the past 30 days
Neutral
Business Wire
1 week ago
Herc Holdings Completes Acquisition of H&E Equipment Services
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today announced that it has completed its acquisition of H&E Equipment Services, Inc. d/b/a H&E Rentals (“H&E”). “The acquisition of H&E accelerates Herc's proven strategy and strengthens our position as a premier rental company in North America,” said Larry Silber, Herc Rentals' president and chief executive officer. “The ad.
Neutral
Business Wire
2 weeks ago
Herc Holdings and H&E Equipment Services Announce Expiration of the Tender Offer to Acquire Shares of H&E Equipment Services and Expected Closing Date
BONITA SPRINGS, Fla. & BATON ROUGE, La.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) announced today the expiration of the tender offer to exchange each outstanding share of H&E common stock (the “H&E Shares”) for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest (the “Offer”, and such consideration, the “Offer Price”), pursuant to the te.
Neutral
GlobeNewsWire
2 weeks ago
Herc Holdings and H&E Equipment Services Announce Expiration of the Tender Offer to Acquire Shares of H&E Equipment Services and Expected Closing Date
BONITA SPRINGS, Fla. and BATON ROUGE, La.
Neutral
Zacks Investment Research
3 weeks ago
Is the Options Market Predicting a Spike in Herc Holdings Stock?
Investors need to pay close attention to Herc Holdings stock based on the movements in the options market lately.
Neutral
Business Wire
3 weeks ago
Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 1.
Neutral
Business Wire
4 weeks ago
Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.70 per share
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend of $0.70 per share. The dividend is payable June 13, 2025, to shareholders of record as of May 30, 2025. About Herc Holdings Inc. Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier with 453 locations acros.
Neutral
Business Wire
1 month ago
Herc Holdings Announces Pricing of $2.75 Billion of Senior Unsecured Notes Offering
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or the “Company”) today announced today announced that it has priced $1,650 million aggregate principal amount of 7.000% senior unsecured notes due 2030 (the “2030 notes”) and $1,100 million aggregate principal amount of 7.250% senior unsecured notes due 2033 (the “2033 notes” and, together with the 2030 notes, the “notes”) in a private offering (the “Offering”) exempt from the registration requirements of the Securit.
Neutral
Business Wire
1 month ago
Herc Holdings Announces Proposed Private Offering of Senior Unsecured Notes
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or the “Company”) today announced that its wholly owned subsidiary, Herc Holdings Escrow, Inc. (the “Escrow Issuer”), intends to offer $2,750 million aggregate principal amount of senior unsecured notes due 2030 and senior unsecured notes due 2033 (together, the “notes”) in a private offering (the “Offering”) exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), su.
Neutral
Business Wire
1 month ago
Herc Holdings Announces Expiration of HSR Act Waiting Period for Planned Acquisition of H&E Equipment Services
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with the previously announced agreement for the Company to acquire H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”). In addition, the Company announced that the Securities a.
Neutral
Business Wire
1 month ago
Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 1.
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