Fieldview Capital Management LLC Takes $1.41 Million Position in Cintas Corporation $CTAS

Fieldview Capital Management LLC bought a new position in shares of Cintas Corporation (NASDAQ:CTAS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 6,882 shares of the business services provider’s stock, valued at approximately $1,413,000.

A number of other institutional investors have also recently made changes to their positions in the business. Alpine Bank Wealth Management increased its position in shares of Cintas by 1,092.9% during the third quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock worth $34,000 after acquiring an additional 153 shares during the period. WPG Advisers LLC increased its position in shares of Cintas by 90.0% in the 3rd quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 81 shares during the last quarter. Addison Advisors LLC lifted its position in shares of Cintas by 57.0% during the 2nd quarter. Addison Advisors LLC now owns 168 shares of the business services provider’s stock worth $37,000 after purchasing an additional 61 shares during the last quarter. Salomon & Ludwin LLC raised its stake in Cintas by 84.0% in the third quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider’s stock valued at $37,000 after buying an additional 84 shares in the last quarter. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Cintas in the 2nd quarter valued at about $45,000. Institutional investors and hedge funds own 63.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CTAS. Wells Fargo & Company upgraded shares of Cintas from a “cautious” rating to an “overweight” rating and upped their target price for the company from $205.00 to $245.00 in a report on Wednesday, January 14th. Sanford C. Bernstein began coverage on shares of Cintas in a report on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 target price on the stock. Citigroup reaffirmed a “sell” rating and issued a $181.00 target price (up from $176.00) on shares of Cintas in a report on Monday, December 22nd. Robert W. Baird lifted their target price on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. Finally, Bank of America initiated coverage on shares of Cintas in a research note on Tuesday, February 17th. They issued a “neutral” rating and a $215.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $218.17.

Cintas Price Performance

Shares of NASDAQ CTAS opened at $200.77 on Tuesday. 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 Corporation has a one year low of $180.39 and a one year high of $229.24. The firm has a market capitalization of $80.29 billion, a P/E ratio of 58.53, a PEG ratio of 3.67 and a beta of 0.95. The company’s fifty day moving average is $194.55 and its two-hundred day moving average is $193.71.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The business had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter last year, the firm posted $1.09 EPS. The business’s revenue 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 fiscal 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 issued 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 (DPR) is 52.48%.

Cintas 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.