Mario Gabelli’s Top 5 Stock Picks

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1. Herc Holdings Inc. (NYSE:HRI)

GAMCO Investors’ Stake Value: $238,776,131

Number of Hedge Fund Holders: 22

Herc Holdings Inc. (NYSE:HRI) is an American provider of rental services for industrial equipment. The stock is one of Mario Gabelli’s top stock picks. As of December 31, Mario Gabelli’s hedge fund has a stake worth $238.7 million in Herc Holdings Inc. (NYSE:HRI). The investment covers 2.56% of GAMCO Investors’ 13 portfolio.

On February 14, Herc Holdings Inc. (NYSE:HRI) announced earnings for the fourth quarter of fiscal 2022. The company reported an EPS of $3.44 and generated a revenue of $786 million, up 35.99% year over year and ahead of Wall Street consensus by $12.71 million.

At the close of Q4 2022, 22 hedge funds held stakes in Herc Holdings Inc. (NYSE:HRI). The total value of these stakes amounted to $1.01 billion. This is compared to 25 hedge funds in the previous quarter with stakes worth $827.2 million.

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