Cintas Corporation $CTAS Shares Sold by Savant Capital LLC

Savant Capital LLC trimmed its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 23.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,643 shares of the business services provider’s stock after selling 5,613 shares during the quarter. Savant Capital LLC’s holdings in Cintas were worth $3,827,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CTAS. Machina Capital S.A.S. bought a new stake in Cintas in the third quarter valued at $4,093,000. Ashton Thomas Private Wealth LLC increased its holdings in shares of Cintas by 42.7% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 1,890 shares of the business services provider’s stock worth $388,000 after acquiring an additional 566 shares during the period. Keeler Thomas Management LLC increased its holdings in shares of Cintas by 1.7% in the 3rd quarter. Keeler Thomas Management LLC now owns 5,906 shares of the business services provider’s stock worth $1,212,000 after acquiring an additional 98 shares during the period. Commonwealth Retirement Investments LLC lifted its position in Cintas by 13.7% in the 3rd quarter. Commonwealth Retirement Investments LLC now owns 5,666 shares of the business services provider’s stock valued at $1,163,000 after purchasing an additional 684 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its stake in Cintas by 1,284.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 6,408 shares of the business services provider’s stock valued at $1,315,000 after purchasing an additional 5,945 shares during the period. Institutional investors and hedge funds own 63.46% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Argus upgraded shares of Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. UBS Group reissued a “buy” rating on shares of Cintas in a report on Friday, December 19th. Sanford C. Bernstein started coverage on Cintas in a research note on Wednesday, November 12th. They set a “market perform” rating and a $200.00 target price on the stock. Rothschild & Co Redburn set a $184.00 price target on Cintas in a research report on Tuesday, November 11th. Finally, Morgan Stanley lowered their price target on Cintas from $220.00 to $210.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Cintas has a consensus rating of “Moderate Buy” and an average target price of $221.08.

Cintas Stock Up 0.9%

Shares of Cintas stock opened at $195.87 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. Cintas Corporation has a 12-month low of $180.39 and a 12-month high of $229.24. The firm has a market capitalization of $78.33 billion, a PE ratio of 57.10, a price-to-earnings-growth ratio of 3.32 and a beta of 0.95. The stock’s fifty day moving average is $189.76 and its 200-day moving average is $197.41.

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

Cintas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, February 13th. Cintas’s dividend payout ratio is 52.48%.

Cintas announced that its board has initiated a share buyback plan on Tuesday, October 28th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the business services provider to buy up to 1.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Cintas Company Profile

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.