Cintas Corporation $CTAS Shares Bought by Alliancebernstein L.P.

Alliancebernstein L.P. increased its position in Cintas Corporation (NASDAQ:CTAS) by 125.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,130,292 shares of the business services provider’s stock after buying an additional 629,065 shares during the quarter. Alliancebernstein L.P. owned about 0.28% of Cintas worth $232,004,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in Cintas by 9.3% in the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock worth $232,000 after acquiring an additional 108 shares during the period. Sivia Capital Partners LLC grew its holdings in Cintas by 42.3% during the 2nd 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 in the last quarter. Advisors Capital Management LLC boosted its position in Cintas by 21.6% in the 2nd quarter. Advisors Capital Management LLC now owns 4,701 shares of the business services provider’s stock valued at $1,048,000 after buying an additional 834 shares during the last quarter. CFO4Life Group LLC boosted its position in Cintas by 8.6% in the 2nd quarter. CFO4Life Group LLC now owns 1,134 shares of the business services provider’s stock valued at $253,000 after buying an additional 90 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Cintas by 7.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 84,176 shares of the business services provider’s stock valued at $18,760,000 after acquiring an additional 5,733 shares in the last quarter. Institutional investors and hedge funds own 63.46% of the company’s stock.

Cintas Stock Up 0.5%

NASDAQ:CTAS opened at $194.28 on Monday. The firm has a market capitalization of $77.69 billion, a PE ratio of 56.64, a price-to-earnings-growth ratio of 3.50 and a beta of 0.95. The stock has a 50 day moving average of $195.16 and a 200-day moving average of $193.20. Cintas Corporation has a 52 week low of $180.39 and a 52 week high of $229.24. 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 (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.01. The business had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. Cintas had a return on equity of 41.07% and a net margin of 17.58%.The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business posted $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Analysts predict that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were given a $0.45 dividend. The ex-dividend date was Friday, February 13th. This represents a $1.80 annualized dividend and a yield of 0.9%. Cintas’s dividend payout ratio is 52.48%.

Analyst Ratings Changes

Several research firms have recently commented on CTAS. Royal Bank Of Canada reiterated a “sector perform” rating and set a $206.00 target price on shares of Cintas in a research note on Friday, December 19th. Citigroup restated a “sell” rating and issued a $181.00 price target (up from $176.00) on shares of Cintas in a research note on Monday, December 22nd. Morgan Stanley cut their price target on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. UBS Group reaffirmed a “buy” rating on shares of Cintas in a research report on Thursday. Finally, Bank of America began coverage on Cintas in a research note on Tuesday, February 17th. They issued a “neutral” rating and a $215.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $220.25.

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.