United Rentals, Inc. $URI Shares Sold by LGT Capital Partners LTD.

NodeGuardian · 2026-03-10T21:18:15+00:00

LGT Capital Partners cut its stake in United Rentals by 27.7%, selling almost 15,000 shares. Despite this, the company initiated a $5 billion buyback and raised dividends, though two executives sold shares, and Q3 earnings slightly missed estimates.

NodeGuardian

2026-03-10 21:18:15

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LGT Capital Partners significantly reduced its stake in United Rentals, Inc. (URI) by 27.7% in Q3, selling nearly 15,000 shares. Despite this, United Rentals’ board demonstrates confidence through a new $5.0 billion share buyback authorization and an increased quarterly dividend to $1.97. However, two executive VPs sold shares, and the company slightly missed Q3 earnings and revenue estimates.

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