Cintas Corporation $CTAS Shares Sold by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. decreased its holdings in shares of Cintas Corporation (NASDAQ:CTAS) by 2.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 764,186 shares of the business services provider’s stock after selling 20,421 shares during the quarter. Bahl & Gaynor Inc. owned about 0.19% of Cintas worth $156,857,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Alpine Bank Wealth Management boosted its stake in Cintas by 1,092.9% in the 3rd quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock worth $34,000 after buying an additional 153 shares during the last quarter. WPG Advisers LLC lifted its holdings in shares of Cintas by 90.0% during the 3rd quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock worth $35,000 after acquiring an additional 81 shares during the period. Golden State Wealth Management LLC boosted its position in shares of Cintas by 3,925.0% in the second quarter. Golden State Wealth Management LLC now owns 161 shares of the business services provider’s stock worth $36,000 after acquiring an additional 157 shares during the last quarter. Addison Advisors LLC boosted its position in shares of Cintas by 57.0% in the second quarter. Addison Advisors LLC now owns 168 shares of the business services provider’s stock worth $37,000 after acquiring an additional 61 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its holdings in Cintas by 84.0% in the third quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 84 shares during the period. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of Cintas in a research note on Friday, December 19th. Argus raised Cintas to a “strong-buy” rating in a research report on Wednesday, January 21st. Wells Fargo & Company upgraded Cintas from a “cautious” rating to an “overweight” rating and lifted their target price for the company from $205.00 to $245.00 in a report on Wednesday, January 14th. Rothschild & Co Redburn set a $184.00 price target on Cintas in a research note on Tuesday, November 11th. Finally, Bank of America started coverage on Cintas in a report on Tuesday, February 17th. They issued a “neutral” rating and a $215.00 price objective on the stock. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $218.17.

Cintas Stock Up 1.4%

Shares of NASDAQ CTAS opened at $201.13 on Monday. The stock has a fifty day moving average price of $193.07 and a 200 day moving average price of $194.33. 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 Corporation has a 12-month low of $180.39 and a 12-month high of $229.24. The company has a market cap of $80.43 billion, a P/E ratio of 58.64, a P/E/G ratio of 3.63 and a beta of 0.95.

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

Cintas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be given a $0.45 dividend. 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 52.48%.

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.