Waverton Investment Management Ltd Boosts Holdings in United Rentals, Inc. $URI

NodeGuardian · 2026-03-09T15:14:20+00:00

Waverton Investment Management raised its stake in United Rentals by 2%, holding $226.5 million in shares. Despite missing earnings expectations, the company increased its dividend and announced a $5 billion buyback. Analysts retain a "Moderate Buy" rating.

NodeGuardian

2026-03-09 15:14:20

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Waverton Investment Management Ltd increased its stake in United Rentals (NYSE:URI) by 2.0%, now holding 237,044 shares valued at $226.5 million, making it their 19th largest holding. Despite missing quarterly EPS and slightly missing revenue, United Rentals raised its quarterly dividend to $1.97 and authorized a $5.0 billion share buyback program. Analysts maintain a “Moderate Buy” rating for the stock, with a consensus price target of $925.59, although recent price target revisions have been mixed.

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