HERC HOLDINGS INC.
In the published model solve dated 2026-Q2, anchored at $168.49, HERC HOLDINGS INC. (HRI) is priced for today's economics sustained for ~8.0 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Herc rents construction and industrial equipment from a branch network that just grew about 30% overnight through the H&E Equipment Services acquisition, turning a regional player into one of the two or three largest fleets in North America. • The single biggest risk is the debt taken on to get there: net borrowings of roughly $7.9 billion now sit against an operating-income base that swings hard with the construction cycle, and a downturn would press both rental rates and the cash available t
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286 institutional managers reported holding HRI in 13F filings for the quarter ended 2026-03-31. 58 opened new positions that quarter. Held by FMR (Fidelity), Vanguard Group, BlackRock, among others. On the short side, 1.9M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (3.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
HRI's share count grew 12.5% over the past five years even with $235.20M spent on repurchases. It pays a dividend, and has for 5 years running, raised 4 years straight; the current rate is $2.80 a share annually. Cash returned over the past three years: $223.00M in dividends and $13.00M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at HRI over the trailing three years: 2026: 1 buy totaling $427k. 11 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
HRI's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-26 | -5.4% | -6.2% |
| 2023-10-25 | -1.5% | +48.5% |
| 2024-02-14 | -7.2% | +6.3% |
| 2024-04-24 | +3.6% | -14.1% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
HRI's latest 8-K filings: 2026-07-28 (items 2.02, 9.01); 2026-05-20 (items 5.07); 2026-04-28 (items 2.02, 9.01); 2026-02-17 (items 2.02, 9.01); 2026-01-30 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.