Blair William & Co. IL Sells 8,620 Shares of Cintas Corporation $CTAS

Blair William & Co. IL lessened its position in Cintas Corporation (NASDAQ:CTAS) by 0.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,005,955 shares of the business services provider’s stock after selling 8,620 shares during the quarter. Blair William & Co. IL owned approximately 0.25% of Cintas worth $206,482,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of CTAS. Vanguard Group Inc. grew its holdings in shares of Cintas by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 38,948,620 shares of the business services provider’s stock valued at $7,994,594,000 after acquiring an additional 564,487 shares in the last quarter. State Street Corp grew its stake in Cintas by 0.5% in the second quarter. State Street Corp now owns 15,118,190 shares of the business services provider’s stock valued at $3,369,391,000 after purchasing an additional 82,029 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Cintas by 3.5% during the 2nd quarter. Geode Capital Management LLC now owns 9,192,013 shares of the business services provider’s stock worth $2,049,017,000 after purchasing an additional 314,860 shares during the last quarter. Invesco Ltd. raised its stake in shares of Cintas by 11.2% during the 2nd quarter. Invesco Ltd. now owns 4,911,366 shares of the business services provider’s stock worth $1,094,596,000 after purchasing an additional 495,486 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Cintas in the 2nd quarter valued at approximately $925,531,000. Institutional investors and hedge funds own 63.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CTAS. UBS Group restated a “buy” rating on shares of Cintas in a report on Friday, December 19th. Rothschild & Co Redburn set a $184.00 price objective on shares of Cintas in a research report on Tuesday, November 11th. Robert W. Baird boosted their price objective on shares of Cintas from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cintas in a report on Monday, December 29th. Finally, Argus upgraded shares of Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $218.17.

Cintas Trading Down 0.4%

CTAS stock opened at $203.61 on Friday. 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 $81.42 billion, a price-to-earnings ratio of 59.36, a price-to-earnings-growth ratio of 3.69 and a beta of 0.95. The company has a fifty day moving average price of $194.35 and a two-hundred day moving average price of $194.13. 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. The company 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%. The company’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.09 earnings per share. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Equities analysts anticipate that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Announces Dividend

The business 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 dividend of $0.45 per share. The ex-dividend date 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.