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StocksUpdated•Originally published 26 April 2026•Updated 27 April 2026•

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Kentucky Teachers Pension Trims Stakes in United Rentals and Cummins

Key Facts

1Teachers Retirement System of The State of Kentucky reduced its stake in United Rentals by 1.8%, holding shares valued at $47.77 million.

2United Rentals announced a $5.0 billion share buyback program and a quarterly dividend of $1.97.

3The pension fund reduced its position in Cummins Inc by 1.7% to $51.79 million, alongside insider sales by company VPs.

The Teachers Retirement System of Kentucky reduced its stake in United Rentals (URI) by 1.8% to $47.77 million, even as the company announced a $5.0 billion share buyback program. Conversely, Cornerstone Investment Partners LLC significantly increased its position in URI by 12.7% during Q4, bringing its total holding value to $73.02 million. The pension fund also trimmed its Cummins Inc (CMI) holdings by 1.7% to $51.79 million amid reports of insider selling. Despite these mixed institutional moves, analysts maintain a 'Moderate Buy' rating for URI with an average price target of $986.35. These portfolio adjustments highlight diverging institutional strategies within the industrial sector despite robust financial guidance.

about 1 month ago

Version History

1 additional source confirmed this story

Version 1about 1 month ago

What changed: Added new institutional buying data from Cornerstone Investment Partners and updated analyst ratings and price targets for URI.