MGRC

Barclays Initiates Coverage of McGrath RentCorp (MGRC) with Overweight Recommendation

Fintel reports that on February 12, 2026, Barclays initiated coverage of McGrath RentCorp (NasdaqGS:MGRC) with a Overweight recommendation.

Analyst Price Forecast Suggests 27.46% Upside

As of February 4, 2026, the average one-year price target for McGrath RentCorp is $149.94/share. The forecasts range from a low of $144.43 to a high of $157.50. The average price target represents an increase of 27.46% from its latest reported closing price of $117.64 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for McGrath RentCorp is 795MM, a decrease of 14.67%. The projected annual non-GAAP EPS is 5.78.

What is the Fund Sentiment?

There are 514 funds or institutions reporting positions in McGrath RentCorp. This is an decrease of 67 owner(s) or 11.53% in the last quarter. Average portfolio weight of all funds dedicated to MGRC is 0.23%, an increase of 7.64%. Total shares owned by institutions decreased in the last three months by 1.59% to 27,780K shares. MGRC / McGrath RentCorp Put/Call Ratios The put/call ratio of MGRC is 9.75, indicating a bearish outlook.

What are Other Shareholders Doing?

River Road Asset Management holds 2,067K shares representing 8.40% ownership of the company. In its prior filing, the firm reported owning 1,971K shares , representing an increase of 4.63%. The firm decreased its portfolio allocation in MGRC by 13.02% over the last quarter.

Eminence Capital holds 945K shares representing 3.84% ownership of the company. In its prior filing, the firm reported owning 895K shares , representing an increase of 5.28%. The firm increased its portfolio allocation in MGRC by 7.57% over the last quarter.

Victory Capital Management holds 900K shares representing 3.66% ownership of the company. In its prior filing, the firm reported owning 894K shares , representing an increase of 0.73%. The firm decreased its portfolio allocation in MGRC by 13.04% over the last quarter.

Channing Capital Management holds 837K shares representing 3.40% ownership of the company. In its prior filing, the firm reported owning 602K shares , representing an increase of 28.12%.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 792K shares representing 3.22% ownership of the company. In its prior filing, the firm reported owning 776K shares , representing an increase of 2.00%. The firm decreased its portfolio allocation in MGRC by 5.24% over the last quarter.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.