Axxion S.A. 13F: New $1.1M Stake in Sunbelt Rentals (SUNB)

Axxion S.A. opened a brand-new position in Sunbelt Rentals Holdings, Inc. (SUNB), acquiring 15,500 shares valued at $1,149,051 in a Form 13F filing disclosed on October 22, 2026.

SUNB Sunbelt Rentals Holdings, Inc.

$78.87 ▲ +9.31% past 3 months

1M 3M

Daily close · Oct 22, 2026

What Changed in Axxion S.A.'s Sunbelt Rentals Holdings, Inc. Position

In its latest filing with the Securities and Exchange Commission, Axxion S.A. initiated a stake of 15,500 shares. Because this is a brand-new holding, the fund did not report any prior shares in Sunbelt Rentals. The total value of the reported stake sits at approximately $1.15 million.

Other Institutional Activity in Sunbelt Rentals Holdings, Inc.

Other large asset managers have been actively shifting their positions in the equipment rental provider. IFM Investors added a new position of 100,021 shares worth about $7.32 million. Quilter lowered its holdings by 36,175 shares, or about 9.8%, ending with 330,996 shares worth about $24.23 million. Sumitomo Mitsui DS Asset Management Company opened a new stake of 42,822 shares worth about $3.13 million. James Hambro & Partners grew its holdings by 20,294 shares, or 1.7%, ending with 1,195,451 shares worth about $88.49 million. ASR Vermogensbeheer N.V. reduced its stake by 435,081 shares, or 90.7%, ending with 44,644 shares worth about $3.27 million.

Sunbelt Rentals Holdings, Inc. Stock Up 3.6%

Sunbelt Rentals recently traded around $78.76 as of October 23, 2026, sitting close to its closing price of $78.87 on the filing date. The stock trades above both its 50-day and 200-day moving averages and below its 52-week high of $86.68.

Recent Earnings

Sunbelt Rentals reported trailing-twelve-month revenue of $11.47 billion and earnings of $3.31 per share. The company posted a net profit margin of 12.1% and a return on equity of 18.4%, with year-over-year revenue growth reaching 11.2%. Its next earnings report is scheduled for December 9, 2026.

Dividend

Sunbelt Rentals offers an annual dividend rate of $1.05 per share, which translates to a dividend yield of 1.39%. The company maintains a dividend payout ratio of 22.6%, meaning it uses a modest share of its earnings to fund payouts to shareholders while retaining capital for ongoing fleet expansion.

Insider Buying and Selling at Sunbelt Rentals Holdings, Inc.

Officer Kyle Horgan purchased 25 shares on October 1, 2026, at an average price of $73.30 for a total value of $1,863.

Analysts Set New Price Targets

Wall Street analysts have updated their views on the stock ahead of upcoming results. On September 10, 2026, JP Morgan maintained its Underweight rating with a price target of $79.00. Keybanc maintained its Overweight rating and lifted its target to $90.00. B of A Securities maintained an Underperform rating with a target of $71.00. On September 17, 2026, RBC Capital reiterated a Sector Perform rating with an $80.00 target, while Goldman Sachs upgraded the stock to a Buy and raised its target to $93.00. The stock currently holds a consensus buy rating and an average price target of $88.57 across 15 analyst opinions.

About Sunbelt Rentals Holdings, Inc.

Sunbelt Rentals Holdings, Inc. operates as an equipment rental provider, offering construction, industrial, and general tools to customers across the United States, the United Kingdom, and Canada. The company manages its operations through North American general tool divisions, specialized equipment units, and United Kingdom segments.

Bottom Line

Axxion S.A. joins a varied group of institutional investors taking positions in Sunbelt Rentals. Investors will look toward the company's next earnings report on December 9, 2026, for further insight into rental demand and financial performance.