Cintas Corporation $CTAS Stake Lifted by National Pension Service

National Pension Service increased its stake in Cintas Corporation (NASDAQ:CTAS) by 2.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 833,249 shares of the business services provider’s stock after acquiring an additional 16,862 shares during the quarter. National Pension Service owned approximately 0.21% of Cintas worth $171,033,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Cintas by 9.3% during the fourth quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock valued at $232,000 after acquiring an additional 108 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Cintas by 42.3% during the second quarter. Sivia Capital Partners LLC now owns 1,441 shares of the business services provider’s stock valued at $321,000 after purchasing an additional 428 shares during the last quarter. Pure Financial Advisors LLC acquired a new position in Cintas during the 2nd quarter valued at about $239,000. ASR Vermogensbeheer N.V. boosted its position in shares of Cintas by 46.4% in the 2nd quarter. ASR Vermogensbeheer N.V. now owns 12,681 shares of the business services provider’s stock worth $2,826,000 after purchasing an additional 4,019 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in Cintas by 10.8% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 1,318 shares of the business services provider’s stock valued at $294,000 after purchasing an additional 129 shares in the last quarter. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Analysts Set New Price Targets

CTAS has been the topic of a number of recent research reports. Rothschild Redb raised shares of Cintas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Rothschild & Co Redburn raised Cintas from a “sell” rating to a “neutral” rating and set a $184.00 price objective on the stock in a research note on Tuesday, November 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Cintas in a research report on Monday, December 29th. Argus raised shares of Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. Finally, Robert W. Baird raised their target price on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Cintas currently has an average rating of “Hold” and an average price target of $214.86.

Cintas Price Performance

Shares of Cintas stock opened at $191.39 on Friday. The firm has a market capitalization of $76.53 billion, a PE ratio of 55.80, a price-to-earnings-growth ratio of 3.25 and a beta of 0.97. Cintas Corporation has a 12 month low of $180.39 and a 12 month high of $229.24. The business’s 50-day moving average price is $188.90 and its 200-day moving average price is $198.20. 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 quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, beating 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 business had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the prior year, the company posted $1.09 EPS. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Sell-side analysts forecast that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be given a dividend of $0.45 per share. The ex-dividend date is Friday, February 13th. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. Cintas’s dividend payout ratio is 52.48%.

Cintas announced that its Board of Directors has initiated a share repurchase plan on Tuesday, October 28th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the business services provider to repurchase up to 1.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors 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.