Copeland Capital Management LLC lessened its stake in Cintas Corporation (NASDAQ:CTAS – Free Report) by 4.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,614 shares of the business services provider’s stock after selling 3,233 shares during the period. Copeland Capital Management LLC’s holdings in Cintas were worth $11,098,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Cintas during the 4th quarter worth $923,672,000. Two Sigma Investments LP raised its position in shares of Cintas by 5,641.3% in the third quarter. Two Sigma Investments LP now owns 1,016,671 shares of the business services provider’s stock valued at $208,682,000 after buying an additional 998,963 shares during the last quarter. SG Americas Securities LLC raised its holdings in Cintas by 2,653.0% in the 4th quarter. SG Americas Securities LLC now owns 1,003,031 shares of the business services provider’s stock valued at $188,640,000 after acquiring an additional 966,597 shares during the last quarter. Voloridge Investment Management LLC lifted its position in Cintas by 275.2% during the third quarter. Voloridge Investment Management LLC now owns 1,123,237 shares of the business services provider’s stock worth $230,556,000 after buying an additional 823,885 shares during the period. Finally, Freestone Grove Partners LP lifted its holdings in shares of Cintas by 5,341.8% during the 3rd quarter. Freestone Grove Partners LP now owns 747,109 shares of the business services provider’s stock worth $153,352,000 after acquiring an additional 733,380 shares during the period. Institutional investors and hedge funds own 63.46% of the company’s stock.
Key Headlines Impacting Cintas
Here are the key news stories impacting Cintas this week:
- Positive Sentiment: Bank of America upgraded Cintas to Buy from Neutral and raised its price target to $230, saying the company’s earnings setup looks stronger over the next several quarters thanks to improving labor conditions, growth in adjacent products, and margin expansion. Cintas upgraded by Bank of America after earnings beat and stronger outlook
- Positive Sentiment: Robert W. Baird raised its price target to $214 and kept an Outperform rating, while other analysts also lifted estimates after Cintas beat revenue and EPS expectations. These Analysts Increase Their Forecasts On Cintas Following Upbeat Q4 Earnings
- Positive Sentiment: Cintas posted a beat-and-raise quarter, with revenue of $2.91 billion and adjusted EPS of $1.29, plus stronger fiscal 2027 guidance, which has supported investor confidence and renewed buying interest. Cintas Keeps Beating Expectations—And the Story Isn’t Over
- Neutral Sentiment: Some coverage argues the stock may now be reasonably valued after its sharp five-year advance, suggesting upside may depend more on continued earnings execution than multiple expansion. Cintas (CTAS) Stock Looks Reasonable After Its 106% Five Year Run
- Negative Sentiment: Royal Bank of Canada only reaffirmed a Sector Perform rating with a $206 target, implying more limited upside than the most bullish calls and signaling that not all analysts are fully convinced the stock can rerate much higher from here. Benzinga coverage of RBC rating
Analysts Set New Price Targets
View Our Latest Research Report on Cintas
Insider Transactions at Cintas
In other news, Director Ronald W. Tysoe sold 4,666 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $178.87, for a total transaction of $834,607.42. Following the completion of the transaction, the director owned 22,448 shares in the company, valued at approximately $4,015,273.76. This represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 14.90% of the stock is owned by corporate insiders.
Cintas Price Performance
CTAS stock opened at $204.45 on Friday. The stock’s 50 day moving average is $175.60 and its two-hundred day moving average is $182.86. Cintas Corporation has a 52-week low of $161.16 and a 52-week high of $226.75. The company has a market capitalization of $81.80 billion, a PE ratio of 57.75, a P/E/G ratio of 3.23 and a beta of 0.94. The company has a quick ratio of 1.74, a current ratio of 1.43 and a debt-to-equity ratio of 0.28.
Cintas (NASDAQ:CTAS – Get Free Report) last issued its earnings results on Wednesday, July 15th. The business services provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.24 by $0.05. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The company had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the firm earned $1.09 EPS. The business’s revenue was up 8.9% on a year-over-year basis. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. Analysts predict that Cintas Corporation will post 5.48 earnings per share for the current fiscal year.
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.
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