United Rentals (URI)

• Market cap: $57.9B
• 1 day: -1.91%
• 5 days: 10.35%
• 1 month: 17.10%
• 3 months: 40.00%
• 6 months: 16.33%
• Year to date: 27.89%
• 1 year: 18.45%
• 5 years: 439.86%
• 10 years: 1,219.14%
• Sector: Industrials
• Industry: Rental & Leasing Services

About: United Rentals is the world's largest equipment rental company, principally operating in the US and Canada. It has 16% share in a highly fragmented market serving general industrial (49%), commercial construction (46%), and residential construction (5%). The company operates a $21 billion fleet of equipment, including aerial platforms, forklifts, excavators, trucks, power generators, and various other materials serving local and national accounts from nearly 1,600 locations in North America and 100 abroad. It has pursued a strategy of bundling specialty rental capabilities to offer its customers more advanced solutions in addition to its core equipment rental business, supporting its ambitions to become a one-stop shop for customers and enhance and maintain its margin profile.

Employees: 27,900

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

10% more call options, than puts

Call options by funds: $731M | Put options by funds: $664M

9% more repeat investments, than reductions

Existing positions increased: 495 | Existing positions reduced: 454

1.65% less ownership

Funds ownership: 90.17% [Q4 2024] → 88.52% (-1.65%) [Q1 2025]

3% less funds holding

Funds holding: 1,308 [Q4 2024] → 1,269 (-39) [Q1 2025]

10% less first-time investments, than exits

New positions opened: 132 | Existing positions closed: 147

15% less capital invested

Capital invested by funds: $42.4B [Q4 2024] → $36.2B (-$6.24B) [Q1 2025]

17% less funds holding in top 10

Funds holding in top 10: 30 [Q4 2024] → 25 (-5) [Q1 2025]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $620 30% downside
• Avg. target: $875 1% downside
• High target: $960 9% upside

10 analyst ratings

• positive: 8 80%
• neutral: 1 10%
• negative: 1 10%

Morgan Stanley Angel Castillo	8% upside $955	Overweight Maintained	28 Jul 2025
Truist Securities Jamie Cook	8% upside $952	Buy Maintained	25 Jul 2025
Keybanc Ken Newman	9% upside $960	Overweight Maintained	25 Jul 2025
UBS Steven Fisher	5% downside $835	Neutral Maintained	24 Jul 2025
B of A Securities Ross Gilardi	2% upside $900	Buy Maintained	24 Jul 2025