Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NYSE • USD Herc Holdings Inc. (HRI) Follow Compare 163.97 -14.92 (-8.34%) At close: February 21 at 4:00:02 PM EST 163.97 0.00 (0.00%) After hours: February 21 at 5:29:10 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 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 2 Industrials Stocks Primed for Growth and 1 to Snub Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and the industry is currently lagging as its six-month return of 7.2% has trailed the S&P 500’s 9.5% gain. 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 Top Midday Stories: Judge Rejects PBMs' Bid to Block FTC Insulin Pricing Case; Nikola Files for Chapter 11 Bankruptcy Major US stock indexes were mixed around midday trading after President Donald Trump on Tuesday floa 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 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. Herc Holdings Confirms Superior Proposal to Acquire H&E Equipment Services BONITA SPRINGS, Fla., February 18, 2025--Herc Holdings Inc. (NYSE: HRI) ("Herc" or "the Company"), one of North America’s leading equipment rental suppliers, today confirmed that it has executed a binding acquisition proposal and merger agreement to the Board of Directors of H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) ("H&E") pursuant to the "go-shop" provision as provided by H&E’s previously announced agreement with United Rentals, Inc. (NYSE: URI). H&E’s Board of Directors ha 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. Herc Holdings Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now Herc Holdings Inc. ( NYSE:HRI ) shareholders are probably feeling a little disappointed, since its shares fell 2.1% to... GBX vs. HRI: Which Stock Is the Better Value Option? GBX vs. HRI: Which Stock Is the Better Value Option? Herc Holdings Full Year 2024 Earnings: EPS Misses Expectations Herc Holdings ( NYSE:HRI ) Full Year 2024 Results Key Financial Results Revenue: US$3.57b (up 8.7% from FY 2023). Net... Herc Holdings Inc (HRI) Q4 2024 Earnings Call Highlights: Record Growth Amid Market Challenges Herc Holdings Inc (HRI) reports strong financial performance with record Adjusted EBITDA and strategic expansions, despite facing industry headwinds. Q4 2024 Herc Holdings Inc Earnings Call Q4 2024 Herc Holdings Inc Earnings Call Mario Gabelli's Strategic Moves: Herc Holdings Inc. Sees a -0.5% Portfolio Impact Insights into Mario Gabelli (Trades, Portfolio)'s Fourth Quarter 2024 13F Filing Herc Holdings (HRI) Misses Q4 Earnings Estimates Herc Holdings (HRI) delivered earnings and revenue surprises of -14.35% and 1.54%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? Performance Overview Trailing total returns as of 2/21/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return HRI S&P 500 YTD -13.39% +2.24% 1-Year +12.44% +20.70% 3-Year +14.97% +38.27%