United Rentals, Inc. $URI Stake Reduced by The Manufacturers Life Insurance Company
MarketBeat
The Manufacturers Life Insurance Company reduced its stake in United Rentals (URI) by 6.0% in Q2 2026, selling 40,058 shares and retaining 632,126 shares valued at $716.1 million. Despite this reduction, institutional investors collectively own 96.26% of the company. United Rentals exceeded quarterly expectations with EPS of $12.76 and revenue of $4.41 billion, and analysts maintain a "Moderate Buy" rating with an average price target of $1,230.88.
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