111 Capital Sells 3,194 Shares of Cintas Corporation $CTAS

111 Capital decreased its holdings in Cintas Corporation (NASDAQ:CTAS) by 65.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,704 shares of the business services provider’s stock after selling 3,194 shares during the quarter. 111 Capital’s holdings in Cintas were worth $350,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of CTAS. Elo Mutual Pension Insurance Co grew its stake in shares of Cintas by 23.6% during the third quarter. Elo Mutual Pension Insurance Co now owns 24,799 shares of the business services provider’s stock worth $5,090,000 after purchasing an additional 4,729 shares during the period. Fisher Asset Management LLC boosted its holdings in Cintas by 10.1% during the third quarter. Fisher Asset Management LLC now owns 3,183 shares of the business services provider’s stock worth $654,000 after buying an additional 292 shares during the last quarter. Journey Strategic Wealth LLC grew its position in shares of Cintas by 41.3% during the 3rd quarter. Journey Strategic Wealth LLC now owns 2,051 shares of the business services provider’s stock worth $421,000 after buying an additional 599 shares during the period. Arete Wealth Advisors LLC grew its position in shares of Cintas by 10.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 1,758 shares of the business services provider’s stock worth $358,000 after buying an additional 172 shares during the period. Finally, Creekmur Asset Management LLC increased its stake in shares of Cintas by 57.5% in the 3rd quarter. Creekmur Asset Management LLC now owns 6,203 shares of the business services provider’s stock valued at $1,273,000 after acquiring an additional 2,265 shares during the last quarter. Institutional investors and hedge funds own 63.46% of the company’s stock.

Cintas Stock Performance

Shares of CTAS stock opened at $201.55 on Wednesday. The company has a fifty day moving average price of $193.48 and a two-hundred day moving average price of $194.09. Cintas Corporation has a one year low of $180.39 and a one year high of $229.24. The stock has a market cap of $80.60 billion, a P/E ratio of 58.76, a P/E/G ratio of 3.64 and a beta of 0.95. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.71 and a quick ratio of 1.49.

Cintas (NASDAQ:CTAS) last issued its quarterly earnings data 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 company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The company’s revenue was up 9.3% on a year-over-year basis. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, equities analysts predict that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Dividend Announcement

The firm also recently announced 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. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, February 13th. Cintas’s payout ratio is currently 52.48%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CTAS. Royal Bank Of Canada reissued a “sector perform” rating and set a $206.00 price target on shares of Cintas in a research report on Friday, December 19th. Wells Fargo & Company upgraded Cintas from a “cautious” rating to an “overweight” rating and lifted their target price for the stock from $205.00 to $245.00 in a report on Wednesday, January 14th. Morgan Stanley decreased their target price on Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. UBS Group reaffirmed a “buy” rating on shares of Cintas in a research report on Friday, December 19th. Finally, Sanford C. Bernstein initiated coverage on Cintas in a report on Wednesday, November 12th. They set a “market perform” rating and a $200.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have given a Hold rating and one has given 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 Company 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.