Krilogy Financial LLC Acquires Shares of 2,938 Cintas Corporation $CTAS

Krilogy Financial LLC bought a new position in shares of Cintas Corporation (NASDAQ:CTAS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,938 shares of the business services provider’s stock, valued at approximately $603,000.

Several other hedge funds have also recently modified their holdings of CTAS. Brighton Jones LLC increased its stake in Cintas by 9.3% during the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock worth $232,000 after buying an additional 108 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of Cintas by 42.3% in the second quarter. Sivia Capital Partners LLC now owns 1,441 shares of the business services provider’s stock valued at $321,000 after acquiring an additional 428 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Cintas by 99.0% in the second quarter. Harbour Investments Inc. now owns 1,027 shares of the business services provider’s stock worth $229,000 after acquiring an additional 511 shares during the last quarter. Chevy Chase Trust Holdings LLC increased its position in shares of Cintas by 0.8% during the second quarter. Chevy Chase Trust Holdings LLC now owns 181,931 shares of the business services provider’s stock worth $40,547,000 after purchasing an additional 1,433 shares in the last quarter. Finally, Nicholson Wealth Management Group LLC raised its stake in Cintas by 11.0% in the 2nd quarter. Nicholson Wealth Management Group LLC now owns 6,423 shares of the business services provider’s stock valued at $1,431,000 after purchasing an additional 635 shares during the last quarter. Institutional investors and hedge funds own 63.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CTAS. UBS Group reaffirmed a “buy” rating on shares of Cintas in a report on Friday, December 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cintas in a research note on Monday, December 29th. Argus raised shares of Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. Wells Fargo & Company upgraded Cintas from a “cautious” rating to an “overweight” rating and boosted their target price for the stock from $205.00 to $245.00 in a report on Wednesday, January 14th. Finally, Sanford C. Bernstein assumed coverage on Cintas in a report on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cintas currently has an average rating of “Moderate Buy” and a consensus price target of $221.08.

Cintas Stock Performance

Cintas stock opened at $193.44 on Friday. The firm has a 50 day simple moving average of $190.94 and a 200-day simple moving average of $196.37. The stock has a market cap of $77.35 billion, a price-to-earnings ratio of 56.40, a price-to-earnings-growth ratio of 3.31 and a beta of 0.95. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.71 and a quick ratio of 1.49. Cintas Corporation has a 1-year low of $180.39 and a 1-year high of $229.24.

Cintas (NASDAQ:CTAS) last released its quarterly earnings data on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. The firm had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Cintas had a return on equity of 41.07% and a net margin of 17.58%.The firm’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period 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. On average, analysts expect that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Dividend Announcement

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

Cintas announced that its board has authorized a stock buyback plan on Tuesday, October 28th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the business services provider to buy up to 1.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

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.