Pershing Square Capital Management exited its position in Hertz after the company announced an equity offering in June, the hedge fund says.

Hertz's Q2 2026 net income of $64M marks a potential inflection after five quarters of losses, driven by a 19.0% gross margin and 7.1% operating margin. However, the company's balance sheet remains strained with negative equity of -$628M and total debt of $21....
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| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 6, 2026 | -$0.11+54.0% vs -$0.24 | $2.4B+5.4% vs $2.3B |
Q2 2026 May 7, 2026 | -$0.72+5.3% vs -$0.76 | $2.0B+6.3% vs $1.9B |
Q1 2026 Feb 26, 2026 | -$0.63-22.5% vs -$0.51 | $2.0B+4.7% vs $1.9B |
Q4 2025 Nov 4, 2025 | $0.12+700.0% vs -$0.02 | $2.5B+24.0% vs $2.0B |
Pershing Square Capital Management exited its position in Hertz after the company announced an equity offering in June, the hedge fund says.

New York, New York--(Newsfile Corp. - August 5, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ: HTZ) on behalf of investors that purchased or otherwise acquired Hertz common stock between May 7, 2026 and June 23, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in Hertz and have suffered losses, you may CLICK HERE to contact us.

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its second quarter 2026 financial results at 8:00 a.m. ET on Thursday, August 6, 2026, followed by an earnings call at 9:00 a.m. ET. A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q2 2026 earnings teleco registration, and.

For beaten-down stocks, the trend confirmation pattern pops up when the short-term 50-day moving average crosses beneath the long-term 200-day moving average, suggesting more downside price action may be ahead.

Benchmark HTZ against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Hertz Global Holdings, Inc. (HTZ)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.74 | $727.32M | -0.72 | -6.02% | -8.78% | — | — | |
| $105.67 | $3.73B | -4.18 | -1.16% | -5.43% | — | — | |
| $40.33 | $285.84M | 18.76 | 14.74% | 5.13% | 37.92% | — | |
| $61.58 | $12.04B | 256.58 | 3.59% | 0.76% | 0.6% | — | |
| $14.77 | $5.61B | 2.17 | 9.16% | 42.32% | 115.83% | — | |
| $69.42 | $141.31B | 14.68 | 18.28% | 17.34% | 34.38% | — |
Hertz Global Holdings, Inc. (HTZ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Hertz Global Holdings, Inc. (HTZ) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 20, 2026·SEC
Aug 6, 2026·SEC
Jul 23, 2026·SEC
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Hertz Global Holdings, Inc. (HTZ) stock FAQ — growth, dividends, profitability & financials explained
Hertz Global Holdings, Inc. (HTZ) reported $8.91B in revenue for fiscal year 2025. This represents a 5666% increase from $154.5M in 2005.
Hertz Global Holdings, Inc. (HTZ) saw revenue decline by 6.0% over the past year.
Hertz Global Holdings, Inc. (HTZ) reported a net loss of $279.0M for fiscal year 2025.
Hertz Global Holdings, Inc. (HTZ) had negative free cash flow of $8.46B in fiscal year 2025, likely due to heavy capital investments.