Copeland Capital Management LLC Has $14.90 Million Stake in Cintas Corporation $CTAS

Copeland Capital Management LLC reduced its holdings in Cintas Corporation (NASDAQ:CTAS) by 4.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,579 shares of the business services provider’s stock after selling 3,477 shares during the quarter. Copeland Capital Management LLC’s holdings in Cintas were worth $14,898,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CTAS. Focus Partners Wealth increased its position in Cintas by 16.5% during the first quarter. Focus Partners Wealth now owns 25,040 shares of the business services provider’s stock worth $5,147,000 after buying an additional 3,554 shares during the last quarter. Merit Financial Group LLC boosted its stake in shares of Cintas by 11.2% during the 2nd quarter. Merit Financial Group LLC now owns 14,472 shares of the business services provider’s stock worth $3,225,000 after acquiring an additional 1,459 shares during the period. HBK Sorce Advisory LLC increased its holdings in shares of Cintas by 197.4% during the 3rd quarter. HBK Sorce Advisory LLC now owns 9,344 shares of the business services provider’s stock worth $1,858,000 after acquiring an additional 6,202 shares during the last quarter. Axiom Investors LLC DE increased its holdings in shares of Cintas by 16.2% during the 1st quarter. Axiom Investors LLC DE now owns 1,058,843 shares of the business services provider’s stock worth $217,624,000 after acquiring an additional 147,851 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Cintas by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 38,384,133 shares of the business services provider’s stock valued at $8,554,672,000 after acquiring an additional 524,829 shares during the period. Institutional investors own 63.46% of the company’s stock.

Analyst Ratings Changes

CTAS has been the subject of a number of research analyst reports. UBS Group reaffirmed a “buy” rating on shares of Cintas in a research report on Friday, December 19th. Wells Fargo & Company set a $205.00 target price on shares of Cintas and gave the stock an “equal weight” rating in a research note on Friday, December 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $206.00 target price on shares of Cintas in a report on Friday, December 19th. Rothschild & Co Redburn raised shares of Cintas from a “sell” rating to a “neutral” rating and set a $184.00 price target on the stock in a report on Tuesday, November 11th. Finally, Citigroup restated a “sell” rating and set a $181.00 price objective (up from $176.00) on shares of Cintas in a research report on Monday, December 22nd. 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $212.00.

Cintas Price Performance

Shares of Cintas stock opened at $191.04 on Tuesday. 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 stock has a market capitalization of $76.77 billion, a price-to-earnings ratio of 55.70, a price-to-earnings-growth ratio of 3.28 and a beta of 0.96. Cintas Corporation has a twelve month low of $180.39 and a twelve month high of $229.24. The company has a 50-day simple moving average of $186.59 and a two-hundred day simple moving average of $202.77.

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

Cintas Announces Dividend

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

Cintas announced that its board has authorized a stock buyback program on Tuesday, October 28th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the business services provider to buy up to 1.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

Cintas 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.