8 Best Low Float Stocks to Invest in Now

2. U-Haul Holding Company (NYSE:UHAL)

Number of Hedge Fund Holders: 30

U-Haul Holding Company (NYSE:UHAL) is a transportation and storage company primarily engaged in rental services for moving trucks, trailers, and self-storage units. It operates through a vast network of company-owned and independent dealer locations across the US and Canada. The company also provides related services, including moving supplies, hitch installations, and fuel sales. UHAL generates revenue through equipment rentals, storage unit leasing, and ancillary services catering to both individuals and businesses. Its operations support a wide customer base, ranging from do-it-yourself movers to commercial clients.

U-Haul Holding Company (NYSE:UHAL) reported Q3 earnings of $67 million, compared to $99 million for the same quarter last year, translating to $0.35 per nonvoting share versus $0.51 in the previous year. The company experienced positive equipment rental revenue growth of 4.5% for the quarter, showing improvement from the 1.5% and 1.7% growth rates in the first and second quarters. The self-storage segment demonstrated strong performance with revenues increasing by $17 million, representing an 8% increase for the quarter, while the company added 80,000 new units and maintained a healthy same-store occupancy rate of 92.4%. The U-Box business continues to show promising growth, contributing significantly to the $9 million increase in other revenue, with both moving transactions and storage transactions expanding.

U-Haul Holding Company (NYSE:UHAL) maintains a strong financial position with cash and loan facility availability totaling $1.348 billion at the moving and storage segment as of December 2024. Management expressed optimism about increased consumer optimism and its positive impact on the self-move business, while continuing to address fleet imbalances from COVID supply chain disruptions. The company is actively managing challenges related to electric vehicle mandates and regulations, maintaining a pragmatic approach to fleet modernization while focusing on customer needs and economic viability. UHAL has a low public float of only 7.67 million shares and is thus one of the best low float stocks to invest in now.