HERC HOLDINGS INC. DL-,01

Herc Holdings has appointed Erik Olsson to its board of directors with immediate effect; he will also serve as a member of the audit committee. Olsson is the former chairman, president and CEO of Mobile Mini and the former president and CEO of RSC Holdings. The board confirmed that Olsson meets the New York Stock Exchange’s independence standards; his compensation will be paid pro rata and he will receive an indemnification agreement equivalent to that of the other directors. » Więcej na de.investing.com

Herc Holdings reported adjusted earnings per share of $0.21 for Q1 2026, comfortably beating expectations; revenue rose 32.3% to $1.139 billion thanks to the integration of H&E. Adjusted EBITDA grew by about 32% to $448 million, while average fleet size increased to $9.4 billion and fleet age fell to 47 months. Management sees a shift from the integration phase to an acceleration phase, confirms the 2026 outlook with raised revenue and EBITDA expectations, and sets target figures for synergies and free cash flow. » Więcej na de.investing.com

GAMCO Investors (Mario Gabelli) has modestly reduced its stake in Herc Holdings Inc., holding just over one million shares in Q4 2025, down about 3% quarter‑on‑quarter after building to nearly 4 million shares by early 2019. Hedge funds are increasingly positioning Herc as a primary beneficiary of a North American infrastructure super‑cycle, with management citing roughly $600 billion in new mega‑projects slated to begin in 2026. Investors expect long‑term demand for specialized equipment rentals from chip plants, EV battery factories and renewable projects to drive predictable, high‑margin revenue for Herc. » Więcej na finance.yahoo.com

Herc Holdings shares fell to a 52-week low of $96.19 and are down about 33% year-to-date. Quarterly results showed a better-than-expected EPS of $2.07, while revenue of $1.04 billion fell well short of expectations. Analysts still see slight undervaluation potential despite the price drop and set price targets between $115 and $200; KeyBanc cut its target to $165 but left its rating at "Overweight." » Więcej na de.investing.com

Herc Holdings says it will reduce leverage to the high end of 2–3x by the end of 2027 and expects EBITDA growth and free cash flow to be the drivers. The company raises expected gross revenue synergies from the H&E acquisition to $380–390 million over three years and sees cost synergies of $125 million. Full systems integration for more than 160 locations is complete, 50 locations have been added, and fleet and branch optimization are ongoing; the share of the specialty business is to be reduced to 20% by 2026. Herc plans moderate CapEx, additional greenfield sites in 2026, and intends to use technology and the expanded branch network to drive growth. » Więcej na de.investing.com