United Rentals Nears $1,000 Again as Big Funds Circle the Industrial Workhorse
United Rentals traded at $995.67, near its 52-week high, after new filings showed MUFG Securities EMEA, Thames Capital, Norges Bank, and National Pension Service adjusted stakes. Record Q1 results included $3.42 billion rental revenue, 8.7% growth, and raised 2026 guidance. The company returned $500 million to shareholders and plans $1.5 billion in 2026 buybacks. Used equipment sales dropped 7.2%; specialty rental margins narrowed.