Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NasdaqGS - Nasdaq Real Time Price • USD H&E Equipment Services, Inc. (HEES) Follow Compare 98.14 -2.21 (-2.20%) At close: February 21 at 4:00:01 PM EST 98.01 -0.13 (-0.13%) After hours: February 21 at 6:53:19 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations H&E Equipment: Q4 Earnings Snapshot HEES) on Friday reported profit of $32.8 million in its fourth quarter. The Baton Rouge, Louisiana-based company said it had profit of 90 cents per share. Earnings, adjusted for non-recurring costs, were 99 cents per share. H&E Rentals Reports Fourth Quarter and Full Year 2024 Results BATON ROUGE, La., Feb. 21, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") today announced results for the fourth quarter and full year ended December 31, 2024. Also, the Company noted its agreement to be acquired by Herc Holdings Inc. (NYSE: HRI) announced earlier this week, which will bring together two companies with a combined 120 years of industry experience who are committed to customer service and excellence. FOURTH QUARTER Herc, H&E Equipment Services Sign Merger Agreement Following United Rentals Deal Termination Herc Holdings (HRI) will acquire H&E Equipment Service (HEES) under a definitive merger agreement as Herc to buy H&E for $3.83 billion after rival United Rentals exits deal The cash and stock deal will combine the world's third- and fifth-largest firms that rent out machinery for construction sites. United Rentals, which had entered into an agreement to buy H&E last month, later dropped out. Following H&E's previous agreement with United Rentals, Herc paid a termination fee of $63.52 million to United Rentals on behalf of H&E. Herc Holdings and H&E Equipment Services Enter into Definitive Merger Agreement BONITA SPRINGS, Fla. & BATON ROUGE, La., February 19, 2025--Herc Holdings Inc. (NYSE: HRI) ("Herc" or "the Company"), one of North America’s leading equipment rental suppliers, and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) ("H&E") today announced that H&E has terminated its prior merger agreement with United Rentals, Inc. (NYSE: URI) and that Herc and H&E have entered into a definitive merger agreement under which Herc will acquire H&E. H&E Ends United Rentals Agreement to Accept Herc Offer (Bloomberg) -- H&E Equipment Services has ended its previous agreement with United Rentals Inc. to accept a higher offer from Herc Holdings Inc., a statement from Herc confirmed Tuesday. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegHerc’s proposal for a ca Why Is H&E Equipment Services (HEES) Stock Soaring Today Shares of machinery provider H&E (NASDAQ:HEES) jumped 18.8% in the pre-market session after Herc Holdings made an offer to buy the company for $104.89 per share in cash and stock, a 14% premium over the pending $92 per share sale to United Rentals. According to the terms of the deal, HRI's offer will generate $300 million of EBITDA by the end of the third year after closing. Top Midday Stories: Medtronic Shares Tumble on Revenue Miss; CNBC's Faber Reportedly Says Walgreens-Sycamore Deal Talks 'Now Alive' The Dow Jones Industrial Average was down while the S&P 500 Index and the Nasdaq Composite were up s United Rentals Got Outbid for H&E. Now Its Stock Is Falling. United Rentals said Tuesday it would “no longer pursue the acquisition of H&E.” Herc is optimistic the deal will create value, predicting some $300 million in annual synergies from the combination. “We are pursuing the proposed combination with H&E from a position of strength and view it as a path to accelerate Herc’s strategy and growth trajectory,” said CEO Larry Silber in a news release. H&E Receives Superior Acquisition Offer From Herc; United Rentals Drops $4.8 Billion Deal H&E Equipment Services (HEES) received a superior acquisition offer from Herc Holdings (HRI), giving United Rentals Falls After Losing $4.8 Billion Deal, Despite Consolation Prize United Rentals won't up its $92 per share cash bid for H&E Equipment Services, which received a higher offer. Herc Holdings Set to Buy H&E Equipment Services Herc Holdings said it will acquire rental business H&E Equipment Services in a cash and stock deal, offering a 14% higher price than United Rentals’ proposal. Herc Holdings Just Outplayed United Rentals--And It's About to Change the Rental Industry Forever A $104.89 per share power move, $300M in synergies, and a path to dominate North America's rental market. H&E Equipment Services, Inc. Receives Superior Proposal from Herc Holdings Inc. BATON ROUGE, La., Feb. 18, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) today announced that it has determined that a definitive offer from Herc Holdings Inc. (NYSE: HRI) ("Herc") to acquire all of the outstanding shares of H&E common stock for a combination of cash and Herc common stock constitutes a “Superior Proposal,” as defined in the existing merger agreement (the “United Rentals Merger Agreement”) with United Rentals, Inc. (NYSE: URI) (“Un Herc's surprise bid for H&E makes rival United Rentals walk away (Reuters) -U.S. machinery rental firm Herc Holdings is poised to acquire smaller rival H&E Equipment Services for $3.83 billion excluding debt, after outbidding leader United Rentals, according to company statements on Tuesday. United Rentals, which last month entered an agreement to buy H&E, dropped the deal. The largely fragmented rental machinery industry has been under consolidation for more than a decade. 2 Industrials Stocks to Buy in 2025 and 1 to Ignore Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the industry’s six-month return of 5.7% has fallen short of the S&P 500’s 9% rise. H&E Rentals Reports Quarterly Cash Dividend BATON ROUGE, La., Feb. 07, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") announced that its Board of Directors declared a regular quarterly cash dividend on February 7, 2025, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on February 24, 2025, for stockholders of record as of the close of business on February 18, 2025. About H&E Rentals Founded in 196 H&E Equipment Services Inc. (HEES): Among The Stocks That Started The Year On A High We recently compiled a list of the 5 Stocks That Started The Year On A High. In this article, we are going to take a look at where H&E Equipment Services Inc. (NASDAQ:HEES) stands against the other stocks. Anyone who’s looked at the market in the last couple of weeks will know that there were some […] Is H&E Equipment Services, Inc. (HEES) the Hottest Smid-Cap Stock So Far In 2025? We recently compiled a list of the 10 Hottest Smid-Cap Stocks So Far In 2025. In this article, we are going to take a look at where H&E Equipment Services, Inc. (NASDAQ:HEES) stands against the other smid-cap stocks. As the name suggests, smid-cap stocks have a valuation between $200 million and $20 billion. The definition is […] 3 Reasons to Avoid HEES and 1 Stock to Buy Instead What a fantastic six months it’s been for H&E Equipment Services. Shares of the company have skyrocketed 68.9%, hitting $89.72. This performance may have investors wondering how to approach the situation. Performance Overview Trailing total returns as of 2/21/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return HEES S&P 500 YTD +100.45% +2.24% 1-Year +82.94% +20.70% 3-Year +173.74% +38.27%