Hertz Global Holdings, Inc. (HTZ) Among Bill Ackman's Top Stocks Despite Industry Softness

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is included in our list of the 9 best stocks to buy according to billionaire Bill Ackman, accounting for 0.50% of the total portfolio.

Hertz Global Holdings, Inc. (NASDAQ:HTZ) remains a key stock in Bill Ackman's portfolio despite ongoing broader industry challenges, reflecting Ackman’s confidence in the company's potential for recovery.

As of the end of Q4 2025, Ackman’s holdings remained unchanged from the previous quarter, continuing to own more than 15 million shares through Pershing Square Capital Management. The position represented about 0.50% of the hedge fund's total portfolio and was worth more than $78 million. While the stock performed strongly in 2025 (+40%), it has been weak so far in 2026, down over 16% and nearly 55% from its 52-week high.

In its 2025 annual report published in February 2026, Pershing Square emphasized Hertz Global Holdings, Inc. (NASDAQ:HTZ) as an emerging comeback story. The fund highlighted a completely revived fleet with an average vehicle age of less than a year, driving depreciation costs well below management's target. The company achieved an 84% utilization rate in the fourth quarter, and this was also cited. Looking ahead, Ackman remains confident in the company’s outlook following Hertz's first profitable quarter in two years.

Meanwhile, during the quarter, interest from other hedge funds also increased, as per Insider Monkey's database. Although the total value of those stakes decreased from roughly $1.50 billion to $1.16 billion, the number of funds holding positions in Hertz increased from 44 to 48.

At the same time, cautious projections for the automotive and mobility sector keep Wall Street sentiment divided. Morgan Stanley analyst Andrew Percoco began covering Hertz Global Holdings, Inc. (NASDAQ:HTZ) in late 2025 with an Equal Weight rating and a $5.50 price target.

As of the time of writing, there have been no recent reports of significant insider activity surrounding Hertz Global Holdings, Inc. (NASDAQ:HTZ).

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is one of the world's largest automobile rental companies, offering airport and off-airport mobility solutions, fleet management, and vehicle sales in North America and internationally.

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