Bank of Montreal Can Purchases 7,278 Shares of United Rentals

The firm now owns 114,507 shares of the construction equipment rental company.

Mar. 12, 2026 at 7:20am

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Bank of Montreal Can grew its holdings in shares of United Rentals, Inc. (NYSE:URI) by 6.8% in the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission. The firm now owns 114,507 shares of the construction company's stock, valued at $109,316,000.

Why it matters

This transaction reflects Bank of Montreal Can's continued investment in United Rentals, a leading equipment rental company that serves construction, industrial, commercial, and municipal customers. The increased stake suggests the bank's confidence in United Rentals' growth potential and market position.

The details

Bank of Montreal Can acquired an additional 7,278 shares of United Rentals during the third quarter, bringing its total ownership to 114,507 shares. This represents a 6.8% increase in the bank's holdings of the construction equipment rental company's stock.

  • Bank of Montreal Can reported the share purchase in its Q3 2026 13F filing with the SEC.

The players

Bank of Montreal Can

A Canadian multinational banking and financial services corporation headquartered in Montreal, Quebec.

United Rentals, Inc.

A leading equipment rental company that provides rental solutions and related services to construction, industrial, commercial, and municipal customers.

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The takeaway

Bank of Montreal Can's increased investment in United Rentals reflects the bank's confidence in the construction equipment rental company's growth prospects and market leadership. This transaction highlights the ongoing institutional interest in United Rentals as a key player in the equipment rental industry.