Cintas Corporation $CTAS Shares Acquired by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. boosted its position in Cintas Corporation (NASDAQ:CTAS) by 3.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,394 shares of the business services provider’s stock after purchasing an additional 2,927 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Cintas were worth $18,141,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Alpine Bank Wealth Management grew its holdings in Cintas by 1,092.9% in the third quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 153 shares during the last quarter. WPG Advisers LLC raised its stake in shares of Cintas by 90.0% during the 3rd quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock worth $35,000 after buying an additional 81 shares during the last quarter. Salomon & Ludwin LLC raised its stake in shares of Cintas by 84.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider’s stock worth $37,000 after buying an additional 84 shares during the last quarter. Evolution Wealth Management Inc. purchased a new stake in shares of Cintas in the 2nd quarter worth about $45,000. Finally, Caitlin John LLC purchased a new stake in shares of Cintas in the 3rd quarter worth about $49,000. 63.46% of the stock is owned by institutional investors and hedge funds.

Cintas Stock Performance

Shares of NASDAQ CTAS opened at $194.28 on Monday. The company has a 50-day simple moving average of $195.16 and a 200-day simple moving average of $193.20. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.71 and a quick ratio of 1.49. The company has a market cap 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. Cintas Corporation has a 12 month low of $180.39 and a 12 month high of $229.24.

Cintas (NASDAQ:CTAS) last announced its earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.01. The firm 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%. Cintas’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.09 earnings per share. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. On average, equities analysts anticipate that Cintas Corporation will post 4.31 earnings per share for the current year.

Cintas Dividend Announcement

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

Analyst Ratings Changes

CTAS has been the subject of several recent research reports. Wells Fargo & Company upgraded shares of Cintas from a “cautious” rating to an “overweight” rating and raised their target price for the company from $205.00 to $245.00 in a report on Wednesday, January 14th. Argus raised shares of Cintas to a “strong-buy” rating in a report on Wednesday, January 21st. Bank of America assumed coverage on shares of Cintas in a research report on Tuesday, February 17th. They issued a “neutral” rating and a $215.00 price target on the stock. Royal Bank Of Canada restated a “sector perform” rating and set a $206.00 price objective on shares of Cintas in a research report on Friday, December 19th. Finally, Citigroup reaffirmed a “sell” rating and issued a $181.00 target price (up from $176.00) on shares of Cintas in a research note on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Cintas currently has an average rating of “Moderate Buy” and a consensus price target of $220.25.

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.