19,090 Shares in Cintas Corporation $CTAS Bought by CPC Advisors LLC

CPC Advisors LLC bought a new stake in Cintas Corporation (NASDAQ:CTAS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,090 shares of the business services provider’s stock, valued at approximately $3,918,000.

A number of other large investors have also recently bought and sold shares of the business. Barnes Dennig Private Wealth Management LLC lifted its stake in shares of Cintas by 800.0% in the 2nd quarter. Barnes Dennig Private Wealth Management LLC now owns 144 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 128 shares during the period. Golden State Wealth Management LLC increased its holdings in Cintas by 3,925.0% in the second quarter. Golden State Wealth Management LLC now owns 161 shares of the business services provider’s stock worth $36,000 after purchasing an additional 157 shares in the last quarter. Alpine Bank Wealth Management lifted its stake in Cintas by 1,092.9% in the third quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock valued at $34,000 after buying an additional 153 shares during the period. Addison Advisors LLC lifted its stake in Cintas by 57.0% in the second quarter. Addison Advisors LLC now owns 168 shares of the business services provider’s stock valued at $37,000 after buying an additional 61 shares during the period. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Cintas by 84.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider’s stock worth $37,000 after buying an additional 84 shares in the last quarter. 63.46% of the stock is currently owned by institutional investors and hedge funds.

Cintas Trading Down 0.0%

NASDAQ:CTAS opened at $193.03 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.71 and a quick ratio of 1.49. Cintas Corporation has a one year low of $180.39 and a one year high of $229.24. The company has a market cap of $77.19 billion, a PE ratio of 56.28, a PEG ratio of 3.31 and a beta of 0.97. The firm has a 50-day moving average of $186.64 and a 200-day moving average of $200.50.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.01. The business had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, equities research analysts expect that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas declared that its board has initiated a share buyback program on Tuesday, October 28th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the business services provider to repurchase up to 1.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Cintas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 14th were issued a dividend of $0.45 per share. The ex-dividend date was Friday, November 14th. This represents a $1.80 annualized dividend and a yield of 0.9%. Cintas’s dividend payout ratio is 52.48%.

Analysts Set New Price Targets

Several research firms have recently weighed in on CTAS. Morgan Stanley lowered their price objective on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Rothschild & Co Redburn raised shares of Cintas from a “sell” rating to a “neutral” rating and set a $184.00 price target for the company in a research note on Tuesday, November 11th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $206.00 price objective on shares of Cintas in a report on Friday, December 19th. Wells Fargo & Company set a $205.00 price objective on shares of Cintas and gave the stock an “equal weight” rating in a research report on Friday, December 19th. Finally, JPMorgan Chase & Co. decreased their target price on Cintas from $246.00 to $230.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Cintas currently has an average rating of “Hold” and a consensus target price of $212.00.

About Cintas

Cintas Corporation (NASDAQ: CTAS) is a provider of business services and products focused on workplace appearance, safety and facility maintenance. The company is best known for its uniform rental and corporate apparel programs, which include rental, leasing and direct-purchase options, laundering and garment repair. Cintas markets its services to a wide range of end-users, including manufacturing, food service, healthcare, hospitality, retail and government customers.

Beyond uniforms, Cintas offers a suite of facility services and products designed to help organizations maintain clean, safe and compliant workplaces.