Blair William & Co. IL Sells 8,620 Shares of Cintas Corporation $CTAS

Blair William & Co. IL cut its holdings in shares of Cintas Corporation (NASDAQ:CTAS) by 0.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,005,955 shares of the business services provider’s stock after selling 8,620 shares during the quarter. Blair William & Co. IL’s holdings in Cintas were worth $206,482,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. First Trust Advisors LP boosted its stake in shares of Cintas by 2.5% in the third quarter. First Trust Advisors LP now owns 413,665 shares of the business services provider’s stock valued at $84,909,000 after buying an additional 10,249 shares during the period. Foster Dykema Cabot & Partners LLC raised its holdings in Cintas by 0.8% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 151,269 shares of the business services provider’s stock valued at $31,048,000 after acquiring an additional 1,253 shares in the last quarter. Trustmark Bank Trust Department lifted its position in shares of Cintas by 0.7% during the 3rd quarter. Trustmark Bank Trust Department now owns 24,371 shares of the business services provider’s stock valued at $5,002,000 after acquiring an additional 162 shares during the period. Aptus Capital Advisors LLC grew its holdings in shares of Cintas by 3.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 109,366 shares of the business services provider’s stock worth $22,448,000 after purchasing an additional 4,026 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Cintas by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,603,999 shares of the business services provider’s stock worth $329,216,000 after purchasing an additional 7,813 shares during the period. 63.46% of the stock is currently owned by institutional investors and hedge funds.

Cintas Stock Down 0.4%

Shares of NASDAQ CTAS opened at $203.61 on Friday. The company’s 50 day moving average price is $194.35 and its 200-day moving average price is $194.13. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.71. Cintas Corporation has a 52-week low of $180.39 and a 52-week high of $229.24. The company has a market capitalization of $81.42 billion, a P/E ratio of 59.36, a price-to-earnings-growth ratio of 3.69 and a beta of 0.95.

Cintas (NASDAQ:CTAS) last announced its 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. The business had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. Cintas’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.09 earnings per share. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Equities analysts forecast that Cintas Corporation will post 4.31 earnings per share for the current year.

Cintas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be paid a dividend of $0.45 per share. 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%.

Analyst Ratings Changes

A number of analysts have recently weighed in on CTAS shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cintas in a report on Monday, December 29th. Robert W. Baird lifted their price target on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. UBS Group restated a “buy” rating on shares of Cintas in a research report on Friday, December 19th. Argus upgraded Cintas to a “strong-buy” rating in a research report on Wednesday, January 21st. Finally, Bank of America initiated coverage on shares of Cintas in a report on Tuesday, February 17th. They issued a “neutral” rating and a $215.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $218.17.

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.