Why These 15 Industrial Stocks Are up the Most So Far in 2025

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3. Hertz Global Holdings Inc (NASDAQ:HTZ)

Number of Hedge Fund Holders In Q4 2024: 35

Hertz Global Holdings Inc (NASDAQ:HTZ) is one of the world’s largest vehicle rental companies, operating the Hertz, Dollar, Thrifty, and Firefly brands across North America, Europe, and other global markets.

The biggest driver behind HTZ’s surge in 2025 was the disclosure that Bill Ackman’s Pershing Square acquired a major stake in the company, initially revealed as 12.7 million shares, which sent the stock soaring 56% in a single session and then another 22% in pre-market trading, as investors speculated about Ackman’s influence and potential strategic moves. The news also sparked rumors of a potential partnership with Uber.

Other notable events included Hertz’s announcement of a “back to basics” operational transformation, aiming to streamline costs and focus on core business execution, which was highlighted in their February 2025 earnings release.

The consensus price target of $4.1 implies 51.7% downside.

HTZ stock is up 132.79% year-to-date.

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