Cintas Corporation $CTAS Shares Sold by American Century Companies Inc.

American Century Companies Inc. trimmed its position in Cintas Corporation (NASDAQ:CTAS) by 0.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 986,199 shares of the business services provider’s stock after selling 3,955 shares during the quarter. American Century Companies Inc. owned about 0.25% of Cintas worth $202,427,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of Cintas by 2.7% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 99,876 shares of the business services provider’s stock valued at $20,501,000 after buying an additional 2,628 shares in the last quarter. Vanguard Group Inc. raised its position in Cintas by 1.5% during the third quarter. Vanguard Group Inc. now owns 38,948,620 shares of the business services provider’s stock worth $7,994,594,000 after acquiring an additional 564,487 shares during the period. HBK Sorce Advisory LLC raised its position in Cintas by 197.4% during the third quarter. HBK Sorce Advisory LLC now owns 9,344 shares of the business services provider’s stock worth $1,858,000 after acquiring an additional 6,202 shares during the period. Scalar Gauge Management LLC lifted its holdings in Cintas by 210.0% during the third quarter. Scalar Gauge Management LLC now owns 31,000 shares of the business services provider’s stock valued at $6,363,000 after purchasing an additional 21,000 shares in the last quarter. Finally, Johnson Investment Counsel Inc. grew its position in shares of Cintas by 2.3% in the third quarter. Johnson Investment Counsel Inc. now owns 150,809 shares of the business services provider’s stock valued at $30,955,000 after purchasing an additional 3,397 shares during the period. Institutional investors and hedge funds own 63.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Rothschild & Co Redburn set a $184.00 price target on shares of Cintas in a research report on Tuesday, November 11th. UBS Group reiterated 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 report on Wednesday, January 21st. Robert W. Baird raised their target price on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Finally, Wells Fargo & Company upgraded Cintas from a “cautious” rating to an “overweight” rating and boosted their price target for the stock from $205.00 to $245.00 in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $218.17.

Cintas Trading Up 1.4%

Shares of CTAS opened at $201.13 on Friday. Cintas Corporation has a 12-month low of $180.39 and a 12-month high of $229.24. The firm has a market capitalization 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. The firm has a 50-day moving average price of $193.07 and a 200 day moving average price of $194.55. 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 EPS for the quarter, beating 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 business had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the prior year, the company posted $1.09 EPS. The company’s quarterly revenue was up 9.3% on a year-over-year basis. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Sell-side analysts forecast that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, February 13th. Cintas’s dividend payout ratio is presently 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.