SCHEDULE 13G: River Road Asset Management Discloses 7.7% Stake in McGrath RentCorp
Beneficial Ownership Report
River Road Asset Management, LLC has reported a 7.7% beneficial ownership stake in McGrath RentCorp's common stock as of December 31, 2024, filing a Schedule 13G.
Summary
- River Road Asset Management, LLC, an investment adviser based in Louisville, KY, has filed a Schedule 13G regarding its beneficial ownership in McGrath RentCorp.
- As of December 31, 2024, River Road Asset Management, LLC beneficially owns 1,896,943 shares of McGrath RentCorp's Common Stock.
- This ownership represents 7.7% of the class of securities.
- The firm holds sole voting power over 1,656,266 shares and sole dispositive power over all 1,896,943 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that inherently conveys positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement (beneficial ownership stake established) |
| 02/06/2025 | Date of signature for the Schedule 13G filing |
Keywords
McGrath RentCorp, River Road Asset Management, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing
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