Cintas Corporation $CTAS Shares Bought by HORAN Wealth LLC

HORAN Wealth LLC raised its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 195.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,057 shares of the business services provider’s stock after acquiring an additional 4,009 shares during the quarter. HORAN Wealth LLC’s holdings in Cintas were worth $1,243,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Bessemer Group Inc. raised its position in shares of Cintas by 75.5% during the 3rd quarter. Bessemer Group Inc. now owns 11,529 shares of the business services provider’s stock worth $2,365,000 after purchasing an additional 4,960 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in Cintas by 1.5% during the 3rd quarter. SBI Securities Co. Ltd. now owns 14,889 shares of the business services provider’s stock worth $3,056,000 after buying an additional 222 shares in the last quarter. Machina Capital S.A.S. purchased a new stake in Cintas during the 3rd quarter worth approximately $4,093,000. Ashton Thomas Private Wealth LLC raised its holdings in shares of Cintas by 42.7% during the third quarter. Ashton Thomas Private Wealth LLC now owns 1,890 shares of the business services provider’s stock valued at $388,000 after acquiring an additional 566 shares during the last quarter. Finally, Keeler Thomas Management LLC lifted its position in shares of Cintas by 1.7% in the third quarter. Keeler Thomas Management LLC now owns 5,906 shares of the business services provider’s stock valued at $1,212,000 after acquiring an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Cintas Stock Performance

NASDAQ:CTAS opened at $192.61 on Thursday. The company’s 50-day moving average is $189.37 and its two-hundred day moving average is $197.61. Cintas Corporation has a 1-year low of $180.39 and a 1-year high of $229.24. 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 firm has a market capitalization of $77.02 billion, a price-to-earnings ratio of 56.15, a PEG ratio of 3.27 and a beta of 0.95.

Cintas (NASDAQ:CTAS) last released 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 net margin of 17.58% and a return on equity of 41.07%. The firm had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the previous year, the company earned $1.09 EPS. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Analysts forecast that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Dividend Announcement

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

Cintas declared that its board has approved a share buyback plan on Tuesday, October 28th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the business services provider to reacquire up to 1.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several research analysts recently commented on the company. Robert W. Baird increased their price objective on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Cintas in a research report on Monday, December 29th. Rothschild Redb upgraded shares of Cintas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $206.00 price objective on shares of Cintas in a report on Friday, December 19th. Finally, UBS Group restated a “buy” rating on shares of Cintas in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Cintas has an average rating of “Hold” and a consensus price target of $214.86.

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.