Bahl & Gaynor Inc. Reduces Holdings in Cintas Corporation $CTAS

Bahl & Gaynor Inc. lowered its position in Cintas Corporation (NASDAQ:CTAS) by 2.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 764,186 shares of the business services provider’s stock after selling 20,421 shares during the quarter. Bahl & Gaynor Inc.’s holdings in Cintas were worth $156,857,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of CTAS. Alpine Bank Wealth Management lifted its stake in shares of Cintas by 1,092.9% in the third quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock worth $34,000 after acquiring an additional 153 shares in the last quarter. WPG Advisers LLC increased its holdings in Cintas by 90.0% during the 3rd quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock worth $35,000 after purchasing an additional 81 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of Cintas by 3,925.0% in the 2nd quarter. Golden State Wealth Management LLC now owns 161 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 157 shares in the last quarter. Addison Advisors LLC boosted its stake in shares of Cintas by 57.0% during the 2nd 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 last quarter. Finally, Salomon & Ludwin LLC grew its position in shares of Cintas by 84.0% during the third 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 Price Performance

CTAS opened at $201.13 on Monday. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. The company’s 50-day moving average price is $193.07 and its 200 day moving average price is $194.33. Cintas Corporation has a fifty-two week low of $180.39 and a fifty-two week high of $229.24. The firm has a market cap of $80.43 billion, a price-to-earnings ratio of 58.64, a price-to-earnings-growth ratio of 3.63 and a beta of 0.95.

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

Cintas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be given a $0.45 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.80 annualized dividend and a yield of 0.9%. Cintas’s dividend payout ratio (DPR) is currently 52.48%.

Analysts Set New Price Targets

Several research firms recently issued reports on CTAS. Wells Fargo & Company raised shares of Cintas from a “cautious” rating to an “overweight” rating and upped their price target for the company from $205.00 to $245.00 in a report on Wednesday, January 14th. Rothschild & Co Redburn set a $184.00 target price on shares of Cintas in a research note on Tuesday, November 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $206.00 price target on shares of Cintas in a research report on Friday, December 19th. Morgan Stanley lowered their price objective on Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Finally, Citigroup restated a “sell” rating and set a $181.00 price objective (up from $176.00) on shares of Cintas in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Cintas has an average rating of “Hold” and an average target price of $218.17.

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.