Cintas (NASDAQ:CTAS) Stock Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Cintas Corporation (NASDAQ:CTAS). In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Cintas stock on May 12th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

  • Sold $15,001 – $50,000 in shares of Hubbell (NYSE:HUBB) on 5/12/2025.
  • Sold $50,001 – $100,000 in shares of Trane Technologies (NYSE:TT) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 5/12/2025.
  • Sold $50,001 – $100,000 in shares of NiSource (NYSE:NI) on 5/12/2025.
  • Sold $50,001 – $100,000 in shares of Johnson & Johnson (NYSE:JNJ) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of AppLovin (NASDAQ:APP) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of Fiserv (NYSE:FI) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of CNO Financial Group (NYSE:CNO) on 5/12/2025.
  • Sold $50,001 – $100,000 in shares of Cboe Global Markets (NASDAQ:CBOE) on 5/12/2025.
  • Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 5/12/2025.

Cintas Stock Performance

NASDAQ:CTAS opened at $221.50 on Friday. The firm’s fifty day simple moving average is $221.43 and its 200 day simple moving average is $210.36. The company has a current ratio of 2.09, a quick ratio of 1.82 and a debt-to-equity ratio of 0.52. Cintas Corporation has a twelve month low of $180.78 and a twelve month high of $229.24. The firm has a market capitalization of $89.26 billion, a price-to-earnings ratio of 50.23, a PEG ratio of 3.50 and a beta of 1.03.

Cintas (NASDAQ:CTASGet Free Report) last issued its quarterly earnings data on Thursday, July 17th. The business services provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.02. Cintas had a return on equity of 41.21% and a net margin of 17.53%. The company had revenue of $2.67 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the previous year, the firm posted $3.99 earnings per share. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. As a group, equities research analysts expect that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 15th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Cintas’s previous quarterly dividend of $0.39. Cintas’s payout ratio is 35.37%.

Analyst Ratings Changes

CTAS has been the subject of a number of analyst reports. Robert W. Baird upped their price target on Cintas from $227.00 to $230.00 and gave the stock a “neutral” rating in a report on Friday, July 18th. Argus upgraded shares of Cintas to a “strong-buy” rating in a research note on Wednesday, April 16th. Bank of America began coverage on shares of Cintas in a report on Thursday, April 10th. They set a “buy” rating and a $250.00 price target for the company. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $240.00 price objective (up previously from $215.00) on shares of Cintas in a report on Monday, June 9th. Finally, The Goldman Sachs Group raised their target price on Cintas from $233.00 to $257.00 and gave the company a “buy” rating in a research note on Wednesday, July 2nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $224.54.

Read Our Latest Research Report on Cintas

Institutional Trading of Cintas

Several hedge funds and other institutional investors have recently bought and sold shares of CTAS. Crestwood Advisors Group LLC bought a new stake in shares of Cintas in the 1st quarter valued at approximately $270,000. Ameriprise Financial Inc. boosted its holdings in Cintas by 26.7% in the fourth quarter. Ameriprise Financial Inc. now owns 2,228,609 shares of the business services provider’s stock worth $407,163,000 after purchasing an additional 468,950 shares during the period. Alpine Global Management LLC acquired a new position in Cintas in the fourth quarter worth $284,000. Treasurer of the State of North Carolina increased its stake in Cintas by 12.3% during the fourth quarter. Treasurer of the State of North Carolina now owns 170,182 shares of the business services provider’s stock valued at $31,092,000 after purchasing an additional 18,620 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of Cintas by 97.6% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,470 shares of the business services provider’s stock worth $1,365,000 after purchasing an additional 3,690 shares during the period. 63.46% of the stock is owned by institutional investors.

Insider Transactions at Cintas

In other Cintas news, Director Ronald W. Tysoe sold 5,084 shares of the firm’s stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $223.47, for a total value of $1,136,121.48. Following the transaction, the director owned 21,945 shares of the company’s stock, valued at $4,904,049.15. This trade represents a 18.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Martin Mucci bought 1,200 shares of the stock in a transaction dated Monday, July 21st. The shares were bought at an average cost of $222.55 per share, with a total value of $267,060.00. Following the completion of the acquisition, the director directly owned 2,621 shares of the company’s stock, valued at approximately $583,303.55. The trade was a 84.45% increase in their position. The disclosure for this purchase can be found here. Insiders own 15.00% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Cintas

(Get Free Report)

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.

Further Reading

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