B. Metzler seel. Sohn & Co. AG Has $49.91 Million Stock Holdings in Cintas Corporation $CTAS

B. Metzler seel. Sohn & Co. AG cut its position in shares of Cintas Corporation (NASDAQ:CTAS) by 1.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 243,169 shares of the business services provider’s stock after selling 3,968 shares during the quarter. B. Metzler seel. Sohn & Co. AG owned about 0.06% of Cintas worth $49,913,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Vinva Investment Management Ltd increased its position in shares of Cintas by 20.1% during the third quarter. Vinva Investment Management Ltd now owns 28,535 shares of the business services provider’s stock worth $5,819,000 after acquiring an additional 4,771 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new position in shares of Cintas in the third quarter valued at approximately $150,000. First Trust Advisors LP grew its stake in Cintas by 2.5% in the 3rd quarter. First Trust Advisors LP now owns 413,665 shares of the business services provider’s stock valued at $84,909,000 after purchasing an additional 10,249 shares during the period. Foster Dykema Cabot & Partners LLC grew its position in Cintas by 0.8% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 151,269 shares of the business services provider’s stock valued at $31,048,000 after buying an additional 1,253 shares during the period. Finally, Trustmark Bank Trust Department increased its stake in shares of Cintas by 0.7% during the 3rd quarter. Trustmark Bank Trust Department now owns 24,371 shares of the business services provider’s stock worth $5,002,000 after purchasing an additional 162 shares during the last quarter. 63.46% of the stock is currently owned by institutional investors.

Cintas Price Performance

CTAS stock opened at $203.61 on Friday. The firm has a 50 day moving average price of $194.35 and a 200-day moving average price of $193.97. The firm has a market capitalization of $81.42 billion, a price-to-earnings ratio of 59.36, a PEG ratio of 3.67 and a beta of 0.95. Cintas Corporation has a 52-week low of $180.39 and a 52-week high of $229.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.71.

Cintas (NASDAQ:CTAS) last issued its 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 firm had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.09 earnings per share. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Equities research analysts forecast that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, February 13th. Cintas’s payout ratio is currently 52.48%.

Analysts Set New Price Targets

Several research firms have recently weighed in on CTAS. Rothschild & Co Redburn set a $184.00 target price on shares of Cintas in a research note on Tuesday, November 11th. Morgan Stanley decreased their target price on Cintas from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Wells Fargo & Company upgraded shares of Cintas from a “cautious” rating to an “overweight” rating and raised their price objective for the company from $205.00 to $245.00 in a research report on Wednesday, January 14th. Bank of America started coverage on Cintas in a report on Tuesday, February 17th. They set a “neutral” rating and a $215.00 price objective on the stock. Finally, Sanford C. Bernstein assumed coverage on shares of Cintas in a research report on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Cintas has an average rating of “Hold” and a consensus target price of $218.17.

About Cintas

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.