Vaughan Nelson Investment Management, L.P. 13F: Cuts URI Stake by $68M

Vaughan Nelson Investment Management, L.P. reduced its stake in URI, cutting 63,719 shares, which is a 32.7% decrease. As of the latest SEC filing, Vaughan Nelson now holds 130,947 shares valued at approximately $139.9 million. This change reflects holdings for the reporting period and may not represent the current position.

What Changed in Vaughan Nelson's URI Position

Vaughan Nelson Investment Management trimmed its holdings in URI from 194,666 shares to 130,947 shares, a reduction of 63,719 shares or 32.7%. The value of its current position stands at nearly $139.9 million, based on the latest filing.

Other Institutional Activity in URI

Several other institutional investors also adjusted their positions in URI. BlackRock, Inc. increased its holdings by 91,514 shares, ending with 5,124,072 shares valued at about $3.73 billion. Vanguard Capital Management LLC now holds 4,094,282 shares worth approximately $2.98 billion. JPMorgan Chase & Co significantly boosted its position by 1,819,320 shares, bringing its total to 2,985,657 shares valued at $2.13 billion. On the other hand, State Street Corp slightly reduced its stake by 3,103 shares, holding 2,961,599 shares worth $2.16 billion. Capital Research Global Investors increased its position by 587,617 shares, totaling 2,725,460 shares valued at $1.99 billion.

United Rentals, Inc. Stock Up 2.0%

Shares of URI are currently trading around $1,068.49. The stock has seen a 52-week low of $909.89 and a high of $1,196.55. It has a 50-day moving average of $1,045.67 and a 200-day moving average of $1,012.34.

Insider Buying and Selling at United Rentals, Inc.

On May 8, 2026, several insiders made small purchases of URI stock. Marc Bruno, Julie Heuer Brandt, Alexander Taussig, Larry De Shon, Francisco Lopez-Balboa, and Kim Harris Jones each bought 203 shares at an average price of $937.

Analysts Set New Price Targets

On June 3, 2026, UBS maintained its buy rating on URI with a price target of $1,145. Barclays, on April 27, 2026, maintained a sell rating with a target of $715. Citigroup, JP Morgan, Keybanc, RBC Capital, and Baird all maintained buy ratings with targets ranging from $1,050 to $1,150. The consensus among analysts is a buy recommendation with an average target price of $1,119.

About URI

URI, or United Rentals, Inc., is a leading equipment rental company headquartered in Stamford, Connecticut. It provides a wide range of rental equipment to construction and industrial companies, utilities, municipalities, homeowners, and others. With a large fleet of rental equipment, URI serves customers across the United States and Canada.

Bottom Line

Vaughan Nelson's decision to cut its stake in URI by over 32% suggests a strategic adjustment in its portfolio. Investors often track such filings to gauge fund managers' confidence levels in a stock. Remember, 13F filings are backward-looking and may not reflect current positions.