Quilter 13F: Cuts Sunbelt Rentals (SUNB) Stake by $2.6M

Quilter lowered its position in Sunbelt Rentals Holdings, Inc. SUNB by 36,175 shares during the quarter, according to a Form 13F filing disclosed on October 21, 2026. The adjustment left the firm with 330,996 shares of the equipment rental company, valued at roughly $24.2 million. The transaction represented a 9.9% reduction from the previous holding of 367,171 shares.

SUNB Sunbelt Rentals Holdings, Inc.

$78.50 ▲ +9.39% past 3 months

1M 3M

Daily close · Oct 21, 2026

What Changed in Quilter's Sunbelt Rentals Holdings, Inc. Position

In its SEC filing on October 21, 2026, Quilter reported holding 330,996 shares of Sunbelt Rentals Holdings, Inc. SUNB worth $24,232,218. That followed a reduction of 36,175 shares, or a 9.9% decrease from the 367,171 shares held previously. Sunbelt Rentals shares closed at $78.50 on the day of the filing.

Other Institutional Activity in Sunbelt Rentals Holdings, Inc.

Other large funds made notable adjustments to their SUNB positions ahead of the report. Dodge & Cox Inc. grew its holdings by 1,662,017 shares, ending with 54,761,610 shares worth about $4.3 billion. Harris Associates L.P. reduced its stake by 1,192,125 shares, wrapping up the period with 10,461,105 shares valued at roughly $821.2 million. Rothschild & Co Wealth Management Uk Ltd trimmed its position by 7,788 shares for a final count of 8,645,687 shares worth approximately $678.7 million. Principal Financial Group, Inc. lifted its holdings by 1,323,470 shares to hold 7,934,212 shares valued at about $622.8 million.

Sunbelt Rentals Holdings, Inc. Stock Up 3.6%

Sunbelt Rentals shares recently traded around $77.00 on October 22, 2026, down about 1.9% since the filing date when the stock closed at $78.50. The stock sits below its 52-week high of $86.68 and well above its 52-week low of $61.03. It trades slightly above both its 50-day moving average of $75.03 and its 200-day moving average of $74.24. The consensus analyst target sits at $88.57, placing the recent price about 13.1% below that average goal.

Recent Earnings

Sunbelt Rentals generated trailing-twelve-month revenue of $11.5 billion alongside basic trailing earnings of $3.31 per share. The company reported a net profit margin of 12.1% and a return on equity of 18.4%. The company's next quarterly financial update is scheduled for release on December 9, 2026.

Dividend

Sunbelt Rentals pays an annual dividend rate of $1.05 per share, translating to a dividend yield of 1.4%. The payout is supported by a dividend payout ratio of 22.6%, meaning the company uses less than a quarter of its earnings to cover the shareholder distribution.

Insider Buying and Selling at Sunbelt Rentals Holdings, Inc.

An insider transaction took place on October 1, 2026, when officer Kyle Horgan purchased 25 shares at an average price of $73.30, bringing the total transaction value to $1,863.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. JP Morgan maintained an Underweight rating with a $79.00 target on September 10, 2026. Keybanc kept an Overweight rating and lifted its target to $90.00 on the same day. B of A Securities maintained an Underperform rating and raised its target to $71.00 on September 10, 2026. RBC Capital reiterated a Sector Perform rating with an unchanged $80.00 target on September 17, 2026. Goldman Sachs upgraded the stock to a Buy rating and raised its target to $93.00 on September 17, 2026. The broader consensus lists the stock as a Buy with 15 analyst opinions tracked.

About Sunbelt Rentals Holdings, Inc.

Sunbelt Rentals Holdings, Inc. operates as a major equipment rental provider, offering construction, industrial, and general tools across the United States, the United Kingdom, and Canada. The company services commercial and residential clients through specialized tool divisions and geographic segments, playing a key role in commercial building and infrastructure projects.

Bottom Line

Quilter's trim reflects a slight reduction in a multi-million-dollar commitment to the equipment rental sector. Investors will watch how the company performs in its upcoming earnings release on December 9, 2026, to gauge demand across its North American and U.K. operations.