McGrath RentCorp (MGRC) reported second-quarter 2026 total revenue of $221.1 million, down 6% from the prior-year quarter. Net income was $33.7 million, or $1.37 per diluted share, compared with $36.0 million, or $1.46 per diluted share, a year earlier.
The company said lower gross profit on sales revenues weighed on quarterly earnings. McGrath updated its full-year 2026 outlook for total revenue to $955 million to $985 million and adjusted EBITDA to $363 million to $375 million.
- Total revenues decreased 6% to $221.1 million.
- Rental operations revenues increased 6% to $172.5 million.
- Sales revenues decreased 34% to $46.4 million.
- Income from operations decreased 7% to $53.3 million.
- TRS-RenTelco rental revenues increased 17% to $31.8 million.
- The second-quarter dividend rate was $0.495 per share.
$MGRC Insider Trading Activity
$MGRC insiders have traded $MGRC stock on the open market 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $MGRC stock by insiders over the last 6 months:
- JOSEPH F HANNA has made 0 purchases and 6 sales selling 17,500 shares for an estimated $2,029,487.
- DAVID M WHITNEY (SVP, Chief Accounting Officer) has made 0 purchases and 2 sales selling 4,322 shares for an estimated $491,928.
- TREASE KRISTINA VAN (Chief Strategy Officer) has made 0 purchases and 2 sales selling 4,322 shares for an estimated $491,928.
- JOHN LIEFFRIG (VP and Division Manager) has made 0 purchases and 2 sales selling 2,500 shares for an estimated $312,500.
- GILDA MALEK (SVP, Chief Legal Officer) sold 1,407 shares for an estimated $160,454
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MGRC Hedge Fund Activity
We have seen 108 institutional investors add shares of $MGRC stock to their portfolio, and 112 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 296,764 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $32,727,133
- PARADICE INVESTMENT MANAGEMENT LLC added 158,670 shares (+inf%) to their portfolio in Q1 2026, for an estimated $17,498,127
- EMINENCE CAPITAL, LP removed 143,844 shares (-15.1%) from their portfolio in Q1 2026, for an estimated $15,863,116
- RIVER ROAD ASSET MANAGEMENT, LLC removed 114,492 shares (-5.3%) from their portfolio in Q2 2026, for an estimated $13,856,966
- TWO SIGMA INVESTMENTS, LP added 72,476 shares (+104.9%) to their portfolio in Q1 2026, for an estimated $7,992,653
- FIFTH THIRD BANCORP added 63,388 shares (+inf%) to their portfolio in Q1 2026, for an estimated $6,990,428
- QUBE RESEARCH & TECHNOLOGIES LTD removed 62,790 shares (-28.8%) from their portfolio in Q1 2026, for an estimated $6,924,481
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
