Sunbelt Rentals discloses tax-share withholding for Sunbelt Rentals stock

Published on 10/15/2026 at 13:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi maintained a Buy rating and a USD 90.00 target for Sunbelt Rentals stock. First-quarter revenue reached USD 3.12 billion, up 11.2 percent year over year.

Ownership and earnings signals

Sunbelt Rentals disclosed 1,521 withheld shares on October 15, 2026.
First-quarter revenue reached USD 3.12 billion, up 11.2 percent year over year.
Market capitalization stood at USD 31.0 billion as of October 14, 2026.

Sunbelt Rentals, US8669661048, Illustration mit AI erstellt.

Sunbelt Rentals (ISIN US8669661048) disclosed on October 15, 2026, that Chief Financial Officer Alex Pease had 1,521 shares withheld at USD 75.17 to meet tax obligations linked to restricted stock units. The notice was published by Financial Times.

Ownership changes carry limited weight

The transaction took place on October 11, 2026, outside a trading venue, and represented a tax withholding rather than an open-market sale. The filing identifies Sunbelt Rentals Holdings, Inc. and the common stock code US8669661048, linking the notice directly to the issuer.

What does the earnings base mean?

The latest operating signal is stronger than the ownership notice. For the quarter ended July 31, 2026, revenue reached USD 3.12 billion and net profit was USD 438.00 million, compared with USD 2.80 billion of revenue and USD 375.50 million of net profit a year earlier, according to Markets Insider. That represents revenue growth of 11.2 percent and net-profit growth of 16.64 percent year over year.

Three recent company signals

On September 9, 2026, Sunbelt Rentals reported adjusted earnings per share of USD 1.18 against a USD 0.99 consensus estimate, according to MarketBeat. On September 16, 2026, Goldman Sachs raised its rating from Neutral to Buy and lifted its target from USD 78.00 to USD 93.00. On October 15, 2026, the company disclosed the 1,521-share withholding at USD 75.17.

Which dates come next?

The next reported earnings date is December 9, 2026, according to the company event calendar reported by Stocktwits. The company lists fiscal first-quarter 2027 as the period ended July 31, 2026, and describes its business as equipment rental and related services through more than 1,600 locations.

Market value and current euro quote

Sunbelt Rentals has a market capitalization of USD 31.0 billion as of October 14, 2026. Its primary listing is on the NYSE under SUNB, while the 52-week range was USD 61.03 to USD 86.68 on that date.

Sunbelt Rentals was trading at EUR 66.60 at Lang & Schwarz on October 15, 2026 at 1:02 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Sunbelt Rentals stock.