Natixis Advisors LLC Decreases Position in Cintas Corporation $CTAS

Natixis Advisors LLC lowered its stake in Cintas Corporation (NASDAQ:CTAS) by 9.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 413,047 shares of the business services provider’s stock after selling 41,998 shares during the quarter. Natixis Advisors LLC owned about 0.10% of Cintas worth $84,782,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC grew its holdings in Cintas by 3,925.0% during the 2nd quarter. Golden State Wealth Management LLC now owns 161 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 157 shares in the last quarter. Alpine Bank Wealth Management lifted its holdings in Cintas by 1,092.9% in the 3rd quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock worth $34,000 after buying an additional 153 shares in the last quarter. Addison Advisors LLC boosted its position in Cintas by 57.0% in the 2nd quarter. Addison Advisors LLC now owns 168 shares of the business services provider’s stock valued at $37,000 after buying an additional 61 shares during the last quarter. WPG Advisers LLC grew its stake in shares of Cintas by 90.0% during the third quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 81 shares in the last quarter. Finally, Salomon & Ludwin LLC grew its stake in shares of Cintas by 84.0% during the third quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 84 shares in the last quarter. 63.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CTAS has been the topic of several recent analyst reports. Robert W. Baird boosted their price target on Cintas from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Royal Bank Of Canada restated a “sector perform” rating and issued a $206.00 price target on shares of Cintas in a research note on Friday, December 19th. Argus raised shares of Cintas to a “strong-buy” rating in a report on Wednesday, January 21st. UBS Group reissued a “buy” rating on shares of Cintas in a report on Friday, December 19th. Finally, Rothschild & Co Redburn set a $184.00 target price on shares of Cintas in a research report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $218.17.

Cintas Stock Down 0.4%

Shares of Cintas stock opened at $203.61 on Monday. The stock 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 twelve month low of $180.39 and a twelve month high of $229.24. The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. The business’s 50 day simple moving average is $194.35 and its 200-day simple moving average is $193.81.

Cintas (NASDAQ:CTAS) last issued its quarterly earnings data on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.01. The firm had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.77 billion. Cintas had a return on equity of 41.07% and a net margin of 17.58%.The firm’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Equities research analysts forecast that Cintas Corporation will post 4.31 earnings per share for the current year.

Cintas Dividend Announcement

The company 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 is Friday, February 13th. This represents a $1.80 annualized dividend and a yield of 0.9%. Cintas’s dividend payout ratio is 52.48%.

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.