United Rentals, Inc. Shares Bought by Legal & General Group Plc

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Legal & General Group Plc, an institutional investor, grew its holdings in United Rentals, Inc. (NYSE:URI) by 0.5% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 405,245 shares of the construction company's stock, worth approximately $386.9 million.

Why it matters

United Rentals is a leading equipment rental company, providing a wide range of construction, industrial, and specialty equipment to customers. The increase in Legal & General's stake suggests the institutional investor sees long-term value in United Rentals' business model and growth prospects.

The details

According to the 13F filing, Legal & General Group Plc purchased an additional 2,213 shares of United Rentals during the third quarter, bringing its total ownership to approximately 0.64% of the company's outstanding stock. United Rentals is a major player in the equipment rental industry, with a diverse fleet of general construction and specialty equipment that it provides to customers on a short-term or long-term basis.

• Legal & General Group Plc increased its stake in United Rentals during the third quarter of 2026.