| Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.70 per share |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend of $0.70 per share. The dividend is payable June 13, 2025, to shareholders of record as of May 30, 2025. About Herc Holdings Inc. Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier with 453 locations acros. |
businesswire.com |
2025-05-16 12:00:00 |
Czytaj oryginał (ang.) |
| Herc Holdings Announces Pricing of $2.75 Billion of Senior Unsecured Notes Offering |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or the “Company”) today announced today announced that it has priced $1,650 million aggregate principal amount of 7.000% senior unsecured notes due 2030 (the “2030 notes”) and $1,100 million aggregate principal amount of 7.250% senior unsecured notes due 2033 (the “2033 notes” and, together with the 2030 notes, the “notes”) in a private offering (the “Offering”) exempt from the registration requirements of the Securit. |
businesswire.com |
2025-05-15 20:30:00 |
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| Herc Holdings Announces Proposed Private Offering of Senior Unsecured Notes |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or the “Company”) today announced that its wholly owned subsidiary, Herc Holdings Escrow, Inc. (the “Escrow Issuer”), intends to offer $2,750 million aggregate principal amount of senior unsecured notes due 2030 and senior unsecured notes due 2033 (together, the “notes”) in a private offering (the “Offering”) exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), su. |
businesswire.com |
2025-05-15 11:29:00 |
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| Herc Holdings Announces Expiration of HSR Act Waiting Period for Planned Acquisition of H&E Equipment Services |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with the previously announced agreement for the Company to acquire H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”). In addition, the Company announced that the Securities a. |
businesswire.com |
2025-05-15 11:00:00 |
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| Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 1. |
businesswire.com |
2025-05-08 20:30:00 |
Czytaj oryginał (ang.) |
| Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 1. |
businesswire.com |
2025-04-30 12:30:00 |
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| Herc Holdings: Rising Leverage And Local Account Weakness Signal Caution For 2025 |
Herc Holdings' national account segment continues to show strength due to healthy project activity, but local account weakness is expected to impact overall volume growth in 2025. Margins are expected to be pressured by weak local volumes and an unfavorable mix. The upcoming H&E transaction, while beneficial long-term, will increase debt and interest expenses, further straining the company's bottom line and valuation. |
seekingalpha.com |
2025-04-28 10:53:26 |
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| Herc Holdings, Inc. (HRI) Q1 2025 Earnings Conference Call Transcript |
Herc Holdings, Inc. (NYSE:HRI ) Q1 2025 Earnings Conference Call April 22, 2025 8:30 AM ET Company Participants Leslie Hunziker - Head, IR Larry Silber - President and CEO Aaron Birnbaum - SVP & COO Mark Humphrey - SVP & CFO Conference Call Participants Jerry Revich - Goldman Sachs Rob Wertheimer - Melius Research Tami Zakaria - JPMorgan Steven Ramsey - Thompson Research Group Kyle Menges - Citigroup Ken Newman - KeyBanc Capital Markets Mig Dobre - Baird Operator Hello and welcome to the Herc Holdings Q1 Earnings Call and Webcast. All lines have been placed on mute to prevent any background noise. |
seekingalpha.com |
2025-04-22 16:00:18 |
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| Herc Holdings (HRI) Q1 Earnings Lag Estimates |
Herc Holdings (HRI) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.36 per share a year ago. |
zacks.com |
2025-04-22 12:40:35 |
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| Herc Holdings Reports First Quarter 2025 Results and Affirms 2025 Full Year Guidance |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2025. “As expected, the 2025 operating landscape continues to be a tale of two disparate economic trends,” said Larry Silber, president and chief executive officer. “Our national account business is growing, fueled by federal and private funding for large construction projects like data centers, manufacturing onshoring and LNG. |
businesswire.com |
2025-04-22 10:30:00 |
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| Herc Rentals Earns 2025 Great Place to Work® Certification™ in the U.S. and Canada |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers operating through Herc Rentals Inc., today announced that it has earned Great Place To Work® Certification™ in the U.S. and Canada. This is the second year the Company has earned this distinction in each country. Great Place To Work Certification recognizes employers who create an outstanding and consistent employee experience. Receiving this distinguished certificati. |
businesswire.com |
2025-04-21 12:30:00 |
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| Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”) announced today that it has extended its previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 1. |
businesswire.com |
2025-04-16 12:30:00 |
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| Herc Holdings Announces Date for First Quarter 2025 Earnings Call and Webcast |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release its first quarter 2025 financial results on April 22, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: http. |
businesswire.com |
2025-04-08 12:00:00 |
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| Herc Holdings Commences Tender Offer for All Outstanding Shares of H&E Equipment Services |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today announced that its wholly-owned subsidiary HR Merger Sub Inc. (“Merger Sub”) has commenced the previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E sh. |
businesswire.com |
2025-03-19 09:30:00 |
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| ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of H&E Equipment Services, Inc. |
NEW YORK , Feb. 19, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by H&E Equipment Services, Inc. (NASDAQ: HEES) and its board of directors concerning the proposed acquisition of the company by Herc Holdings Inc. (NYSE: HRI). Stockholders will receive $78.75 and 0.1287 shares of Herc Holdings common stock for each share of H&E Equipment stock that they hold. |
prnewswire.com |
2025-02-19 17:57:00 |
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| Herc Holdings: Weak Local Account Demand Expected To Temper Short-Term Growth |
Herc Holdings' topline grew 14.4% year-on-year to $951 million, as the national account business continues to support overall topline growth. While the pipeline for mega projects remains healthy, softer local market demand is expected to impact the consolidated growth in 2025. Lower anticipated volume growth is also expected to put pressure on the company's margin in the quarters ahead. |
seekingalpha.com |
2025-02-19 08:04:11 |
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| Herc Holdings Looks Set To Continue Adding Value This Year |
Herc Holdings, an equipment rental company, has shown strong financial performance with a 54.5% stock increase since June last year, outperforming the S&P 500. Despite a mixed final quarter for 2024, with revenue beating expectations but earnings falling short, the company's fundamental health remains positive. Management anticipates growth from new construction, renewable energy, and tech projects, planning $700-$900 million in capital expenditures for 2024. |
seekingalpha.com |
2025-02-15 07:38:34 |
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| GBX vs. HRI: Which Stock Is the Better Value Option? |
Investors interested in Transportation - Equipment and Leasing stocks are likely familiar with Greenbrier Companies (GBX) and Herc Holdings (HRI). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2025-02-14 14:41:12 |
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| Herc Holdings, Inc. (HRI) Q4 2024 Earnings Call Transcript |
Herc Holdings, Inc. (NYSE:HRI ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Leslie Hunziker - SVP, IR, Communications & Sustainability Lawrence Silber - President, CEO & Director Aaron Birnbaum - SVP & COO Mark Humphrey - SVP & CFO Conference Call Participants Rob Wertheimer - Melius Research Tami Zakaria - JPMorgan Steven Ramsey - Thompson Research Group Neil Tyler - Redburn Atlantic Mig Dobre - Baird Kenneth Newman - KeyBanc Capital Markets Sherif El Sabbahy - Bank of America Merrill Lynch Brian Sponheimer - Gabelli Funds Operator Thank you for standing by. My name is Karen, and I will be your conference separator today. |
seekingalpha.com |
2025-02-13 15:04:01 |
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| Herc Holdings (HRI) Misses Q4 Earnings Estimates |
Herc Holdings (HRI) came out with quarterly earnings of $3.58 per share, missing the Zacks Consensus Estimate of $4.18 per share. This compares to earnings of $3.24 per share a year ago. |
zacks.com |
2025-02-13 10:40:37 |
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| Herc Holdings Reports Full Year 2024 Results and Announces 2025 Full Year Guidance |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2024. "In 2024, despite a more challenging market than anticipated, we delivered another year of record results, significantly outperforming industry revenue growth by leveraging the strength of tenured customer relationships, the value derived from strategic capital-allocation priorities and our diversified po. |
businesswire.com |
2025-02-13 08:30:00 |
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| Outperforming Hennessy Fund Comanager Shares Favorite Stocks |
In a market focused on the megacap stocks, Joshua Wein steers clear of the giants while running one of the best mutual funds. The post Outperforming Hennessy Fund Comanager Shares Favorite Stocks appeared first on Investor's Business Daily. |
investors.com |
2025-02-07 09:00:17 |
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| Herc Holdings (HRI) Earnings Expected to Grow: Should You Buy? |
Herc Holdings (HRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-06 13:05:57 |
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| Herc Holdings to Participate in Barclays 42nd Annual Industrial Select Conference |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Barclays 42nd Annual Industrial Select Conference in Miami Beach, Florida on Wednesday, February 19, 2025. A fireside chat discussion and simultaneous audio webcast will take place t. |
businesswire.com |
2025-02-05 10:30:00 |
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| Herc Holdings Inc. Increases Quarterly Dividend by 5% to $0.70 Per Share |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has increased the Company's quarterly dividend by $0.035 per share, or 5%, to $0.70 per share. The dividend is payable March 4, 2025, to shareholders of record as of February 18, 2025. At the new rate, the indicated dividend on an annual basis is $2.80 per share compared to the previous rate of $2.66 per share. “We are ple. |
businesswire.com |
2025-02-04 10:30:00 |
Czytaj oryginał (ang.) |
| GBX vs. HRI: Which Stock Should Value Investors Buy Now? |
Investors looking for stocks in the Transportation - Equipment and Leasing sector might want to consider either Greenbrier Companies (GBX) or Herc Holdings (HRI). But which of these two stocks offers value investors a better bang for their buck right now? |
zacks.com |
2025-01-29 14:54:31 |
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| Herc Holdings Announces Date for Fourth Quarter and Full Year 2024 Earnings Call and Webcast |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release its fourth quarter and full year 2024 financial results on February 13, 2025, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be. |
businesswire.com |
2025-01-29 10:30:00 |
Czytaj oryginał (ang.) |
| Power Rental Market Forecasts 2025-2030, with Company Profiles for United Rentals, Sunbelt Rentals, Wacker Neuson, Herc Rentals, Modern Energy Rental, PON Energy Rental, BPC Power Rental & More |
Dublin, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The "Power Rental Market - Forecasts from 2025 to 2030" report has been added to ResearchAndMarkets.com's offering. The global power rental market is expected to grow at a CAGR of 7.59%, reaching a market size of US$35.188 billion in 2030 from US$24.408 billion in 2025. The increasing power consumption in various parts of the world is one of the most important factors driving the market for power rental during the analysis period. Notably, the oil and gas industry is the most prominent user of rented power generators, which serve its exploration and production activities and for building infrastructure. This is also complemented by awareness of the benefits of outsourcing power equipment. Another emerging demand is for scalable rental equipment to cope with outages and voltage sags and swells. Moreover, the construction of hotels and malls, besides government initiatives promoting the expansion of metro and airport networks, is also driving power rental demand in developed and developing countries. The market will register faster growth due to other factors, such as the increasing use of renewable energy resources in place of fossil fuels in an attempt to cut down carbon emissions. |
globenewswire.com |
2025-01-21 12:08:00 |
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| Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.665 Per Share |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend of $0.665 per share. The dividend is payable December 27, 2024, to shareholders of record as of December 16, 2024. About Herc Holdings Inc. Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier with 429 loca. |
businesswire.com |
2024-12-06 10:30:00 |
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| Herc Holdings' Growth Strategy To Drive Higher Share Prices |
Herc Holdings Inc. is rated a Buy, with a projected 12% price increase to $259.98, driven by industry tailwinds, growth strategy, and strong management. The company benefits from its large, diverse fleet, superior customer service, and experienced leadership, giving it a medium competitive moat. Despite challenges from higher interest rates and macroeconomic uncertainty, Herc's diversified position and growth initiatives support a positive long-term outlook. |
seekingalpha.com |
2024-11-30 08:41:31 |
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| Herc Holdings to Participate in the Baird 2024 Global Industrial Conference |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, Aaron Birnbaum, senior vice president and chief operating officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Baird 2024 Global Industrial Conference in Chicago, Illinois on Tuesday, November 12, 2024. A fireside chat discuss. |
businesswire.com |
2024-11-04 10:00:00 |
Czytaj oryginał (ang.) |
| Herc Holdings Inc. (HRI) Q3 2024 Earnings Call Transcript |
Herc Holdings Inc. (NYSE:HRI ) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Larry Silber - President & CEO Aaron Birnbaum - SVP &COO Mark Humphrey - SVP & CEO Leslie Hunziker - SVP, IR Conference Call Participants Jerry Revich - Goldman Sachs Rob Wertheimer - Melius Research Steven Ramsey - Thompson Research Group Neil Tyler - Redburn Atlantic Tami Zakaria - J.P. Morgan Ken Newman - KeyBank Capital Markets Sherif El-Sabbahy - Bank of America Mircea Dobre - Robert W. |
seekingalpha.com |
2024-10-22 18:06:05 |
Czytaj oryginał (ang.) |
| Herc Holdings (HRI) Q3 Earnings Miss Estimates |
Herc Holdings (HRI) came out with quarterly earnings of $4.35 per share, missing the Zacks Consensus Estimate of $4.48 per share. This compares to earnings of $4 per share a year ago. |
zacks.com |
2024-10-22 12:45:16 |
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| Herc Holdings Reports Nine Months 2024 Results and Updates 2024 Full Year Guidance |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2024. “In the third quarter, we significantly outpaced overall industry growth on both a total rental revenue basis and from an organic revenue perspective,” said Larry Silber, president and chief executive officer. “By capitalizing on our broad end-market coverage, diversified product and services offering and expanding sh. |
businesswire.com |
2024-10-22 10:30:00 |
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| Herc Holdings (HRI) Soars 3.5%: Is Further Upside Left in the Stock? |
Herc Holdings (HRI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. |
zacks.com |
2024-10-17 11:31:30 |
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| Herc Holdings Announces Third Quarter 2024 Earnings Call and Webcast Date |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) today announced it will release third quarter 2024 financial results on October 22, 2024, before the market opens. The release will be followed by an investor conference call at 8:30 a.m. ET. On the call, management will review the Company's results and may discuss or disclose material business, financial, or other information that is not contained in the press release. A live webcast of the event will be available at: https:. |
businesswire.com |
2024-10-08 13:54:00 |
Czytaj oryginał (ang.) |
| New Strong Sell Stocks for July 26th |
ARCO, HRI and NSANY have been added to the Zacks Rank #5 (Strong Sell) List on July 26, 2024. |
zacks.com |
2024-07-26 11:51:00 |
Czytaj oryginał (ang.) |
| Herc Holdings (HRI) Misses Q2 Earnings Estimates |
Herc Holdings (HRI) came out with quarterly earnings of $2.60 per share, missing the Zacks Consensus Estimate of $2.94 per share. This compares to earnings of $2.69 per share a year ago. |
zacks.com |
2024-07-23 12:41:25 |
Czytaj oryginał (ang.) |
| Herc Holdings: Patience Should Yield Strong Results |
Herc Holdings is a company that rents out equipment and has shown continued revenue and cash flow growth. The company's equipment rental revenue has increased, and management expects growth to continue in the current fiscal year. Shares are cheap and that, combined with growth, creates a recipe for upside in the long run. |
seekingalpha.com |
2024-06-20 03:38:25 |
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| Herc Holdings: Fundamental Are Strong, Should Own This Stock At The Current Levels |
HERC Holdings continues to experience strong topline growth in 2024 with support from pricing strength and recent acquisitions. The company operates in various industries, renting out a variety of equipment for fleet management and general and specialty purposes. The demand environment remains healthy for the near term, while the longer term should benefit from industrial tailwinds and the company's expansion efforts. |
seekingalpha.com |
2024-06-16 13:10:16 |
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| Herc Holdings Announces Pricing of Upsized $800 Million Senior Unsecured Notes Offering |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or the “Company”) today announced that it has priced $800 million aggregate principal amount of 6.625% senior unsecured notes due 2029 (the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased by $300 million from the previously announced total offering size of $500 million. The closing. |
businesswire.com |
2024-06-04 20:10:00 |
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| Herc Holdings Announces Proposed Private Offering of $500 Million of Senior Unsecured Notes |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or the “Company”) today announced that it intends to offer $500 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”) in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions. The terms of the notes will be determined at the time of pricing of the notes. The notes will. |
businesswire.com |
2024-06-04 11:40:00 |
Czytaj oryginał (ang.) |
| Panagora Asset Management Inc. Takes $3.35 Million Position in Herc Holdings Inc. (NYSE:HRI) |
Panagora Asset Management Inc. purchased a new position in shares of Herc Holdings Inc. (NYSE:HRI – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,503 shares of the transportation company’s stock, valued at approximately $3,350,000. Panagora Asset Management Inc. owned 0.08% of Herc at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also recently modified their holdings of HRI. Signaturefd LLC grew its stake in shares of Herc by 213.3% in the fourth quarter. Signaturefd LLC now owns 235 shares of the transportation company’s stock valued at $35,000 after buying an additional 160 shares in the last quarter. Hexagon Capital Partners LLC lifted its stake in Herc by 576.1% in the fourth quarter. Hexagon Capital Partners LLC now owns 311 shares of the transportation company’s stock worth $46,000 after acquiring an additional 265 shares during the last quarter. CWM LLC grew its holdings in Herc by 45.3% during the 4th quarter. CWM LLC now owns 359 shares of the transportation company’s stock worth $53,000 after acquiring an additional 112 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Herc in the 4th quarter valued at approximately $108,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of Herc during the 3rd quarter worth $173,000. 93.11% of the stock is owned by institutional investors and hedge funds. Herc Stock Performance NYSE HRI opened at $155.72 on Monday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 2.95. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 12.86, a price-to-earnings-growth ratio of 0.76 and a beta of 2.27. Herc Holdings Inc. has a fifty-two week low of $99.72 and a fifty-two week high of $171.00. The business has a fifty day moving average of $157.85 and a 200-day moving average of $146.36. Herc (NYSE:HRI – Get Free Report) last posted its quarterly earnings data on Tuesday, April 23rd. The transportation company reported $2.36 earnings per share for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.12). Herc had a net margin of 10.31% and a return on equity of 28.68%. The firm had revenue of $804.00 million during the quarter. As a group, analysts predict that Herc Holdings Inc. will post 14.59 earnings per share for the current fiscal year. Herc Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be paid a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date is Friday, May 31st. Herc’s payout ratio is 21.97%. Insider Buying and Selling at Herc In other news, SVP Tamir Peres sold 3,545 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $159.10, for a total transaction of $564,009.50. Following the completion of the sale, the senior vice president now directly owns 41,236 shares of the company’s stock, valued at approximately $6,560,647.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, COO Aaron Birnbaum sold 5,844 shares of the firm’s stock in a transaction that occurred on Thursday, April 25th. The shares were sold at an average price of $152.33, for a total value of $890,216.52. Following the transaction, the chief operating officer now owns 48,232 shares in the company, valued at $7,347,180.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Tamir Peres sold 3,545 shares of the stock in a transaction on Friday, March 15th. The stock was sold at an average price of $159.10, for a total transaction of $564,009.50. Following the completion of the sale, the senior vice president now directly owns 41,236 shares of the company’s stock, valued at approximately $6,560,647.60. The disclosure for this sale can be found here. Insiders sold 35,996 shares of company stock worth $5,656,956 in the last 90 days. 1.70% of the stock is owned by company insiders. Analysts Set New Price Targets Several research firms recently commented on HRI. Robert W. Baird upped their price target on shares of Herc from $117.00 to $142.00 and gave the company a “neutral” rating in a research report on Wednesday, February 14th. StockNews.com downgraded shares of Herc from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. Finally, The Goldman Sachs Group boosted their price target on Herc from $155.00 to $178.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Herc currently has an average rating of “Hold” and a consensus target price of $152.50. Check Out Our Latest Stock Report on HRI Herc Company Profile (Free Report) Herc Holdings Inc, together with its subsidiaries, operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment. |
https://www.defenseworld.net |
2024-05-20 11:54:41 |
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| Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.665 Per Share |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings, Inc. (NYSE: HRI), one of North America's leading equipment rental suppliers, today announced that its Board of Directors has declared the Company's quarterly dividend of $0.665 per share. The dividend is payable June 14, 2024, to shareholders of record as of May 31, 2024. About Herc Holdings Inc. Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line rental supplier with 412 locations acr. |
businesswire.com |
2024-05-17 12:00:00 |
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| Herc Holdings to Participate in Bank of America Transportation Airlines & Industrials Conference 2024 |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today announced that Larry Silber, president and chief executive officer, and Mark Humphrey, senior vice president and chief financial officer, will participate in the Bank of America Transportation Airlines & Industrials Conference 2024 in New York City on May 14, 2024. A fireside chat discussion and simultaneous webcast will take place on Tue. |
businesswire.com |
2024-05-02 12:00:00 |
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| Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks |
One of the best things you can do as an investor is study established professionals who have amassed outstanding records. Value-stock investor Mario Gabelli fits the bill, with more than five decades of stock-market experience. |
marketwatch.com |
2024-04-30 21:25:00 |
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| Herc Holdings Inc. (HRI) Q1 2024 Earnings Call Transcript |
Ondas Holdings, Inc. [HRI] Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants Larry Silber - President & CEO Aaron Birnbaum - SVP &COO Mark Humphrey - SVP & CEO Leslie Hunziker - SVP, IR Conference Call Participants Rob Wertheimer - Melius Research Brian Biros - Thompson Research Group Ken Newman - KeyBanc Capital Markets Brian Sponheimer - Gabelli Mig Dobre - Robert W. Baird Operator Good morning. |
seekingalpha.com |
2024-04-23 17:00:09 |
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| Herc Holdings Reports Strong First Quarter 2024 Results and Affirms 2024 Full Year Guidance |
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended March 31, 2024. “We are off to a strong start in 2024, achieving record first-quarter revenue and adjusted EBITDA margin as we continue to capitalize on key growth markets, like semiconductor, data centers, renewables and public infrastructure, while also investing in our network scale through greenfields and acquisitions, and elevating. |
businesswire.com |
2024-04-23 10:30:00 |
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