Cintas Corporation $CTAS Stake Raised by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC boosted its holdings in shares of Cintas Corporation (NASDAQ:CTAS) by 59.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,158 shares of the business services provider’s stock after purchasing an additional 13,120 shares during the period. Exchange Traded Concepts LLC’s holdings in Cintas were worth $7,217,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its stake in Cintas by 9.3% in the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock worth $232,000 after purchasing an additional 108 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Cintas by 5.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 28,457 shares of the business services provider’s stock valued at $5,849,000 after purchasing an additional 1,394 shares in the last quarter. Axiom Investors LLC DE lifted its holdings in shares of Cintas by 16.2% in the first quarter. Axiom Investors LLC DE now owns 1,058,843 shares of the business services provider’s stock valued at $217,624,000 after purchasing an additional 147,851 shares in the last quarter. ICONIQ Capital LLC acquired a new stake in shares of Cintas in the first quarter worth $229,000. Finally, Comerica Bank grew its holdings in shares of Cintas by 9.8% during the first quarter. Comerica Bank now owns 91,991 shares of the business services provider’s stock valued at $18,907,000 after buying an additional 8,215 shares in the last quarter. 63.46% of the stock is currently owned by institutional investors.

Cintas Price Performance

NASDAQ CTAS opened at $190.66 on Wednesday. The company has a market cap of $76.62 billion, a P/E ratio of 55.59, a P/E/G ratio of 3.30 and a beta of 0.96. The company has a fifty day simple moving average of $186.52 and a 200 day simple moving average of $203.73. Cintas Corporation has a 1 year low of $180.39 and a 1 year high of $229.24. The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54.

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

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

Cintas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 14th were paid a $0.45 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. Cintas’s dividend payout ratio (DPR) is 52.48%.

Key Cintas News

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Large operational upside — analysts and Cintas management point to substantial route‑density savings (MarketBeat cites roughly $375M in annual cost efficiencies) if the businesses are combined, which would be highly accretive over time. Cintas’ $5.2B UniFirst Bid Ignites the Battle for Route Dominance
• Positive Sentiment: Strong, credible offer — the $275/share cash bid represents ~64% premium to UniFirst’s recent trading and signals Cintas is willing to use cash to buy scale and recurring revenue, improving visibility on the deal’s value to CTAS shareholders if closed. Cintas proposes $5.2B cash acquisition of UniFirst
• Neutral Sentiment: Process is underway — UniFirst’s board has engaged independent financial and legal advisors and is formally reviewing the unsolicited proposal; this starts a review period but does not guarantee a deal. UniFirst Corporation Acknowledges Unsolicited Acquisition Proposal from Cintas Corporation
• Neutral Sentiment: Market reaction is split — UniFirst shares rallied sharply on the cash offer (investors price in a higher takeover value), while Cintas’s stock shows mixed movement as the market weighs deal cost vs. future savings. UniFirst Stock Jumps After Cintas Tables $275-A-Share Buyout Offer
• Neutral Sentiment: Operational/earnings context — investors are still digesting recent CTAS results and FY26 guidance; the deal narrative temporarily eclipses routine earnings signals. Cintas Q2 Earnings Call Highlights
• Negative Sentiment: Material governance hurdle — UniFirst’s controlling Croatti family voting structure can block a sale despite the cash premium, which raises substantial execution risk that could derail the deal or prolong uncertainty. Cintas’ $5.2B UniFirst Bid Ignites the Battle for Route Dominance
• Negative Sentiment: Analyst skepticism & probability concerns — some analysts (UBS, others) see governance and margin concerns that keep a Hold or doubt UniFirst will accept, which can limit upside for CTAS until the path to closing is clearer. Hold Rating on UniFirst
• Negative Sentiment: Regulatory and breakup risk — combining two leading providers draws antitrust scrutiny; Cintas included a $350M reverse termination fee, indicating both confidence and the possibility of costly regulatory or deal-failure outcomes. Cintas Isn’t Taking Years of No for an Answer, Makes a Fresh Bid for UniFirst

Wall Street Analysts Forecast Growth

CTAS has been the subject of a number of research reports. Redburn Partners set a $184.00 price objective on Cintas in a research report on Tuesday, November 11th. Citigroup reissued a “sell” rating and issued a $181.00 price target (up from $176.00) on shares of Cintas in a research report on Monday. Rothschild Redb raised shares of Cintas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Wells Fargo & Company set a $205.00 price objective on shares of Cintas and gave the company an “equal weight” rating in a research note on Friday. Finally, Sanford C. Bernstein began coverage on shares of Cintas in a research note on Wednesday, November 12th. They set a “market perform” rating and a $200.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target 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.