CW Advisors LLC Has $42.61 Million Stock Holdings in Cintas Corporation $CTAS

CW Advisors LLC grew its stake in Cintas Corporation (NASDAQ:CTAS) by 1.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 207,306 shares of the business services provider’s stock after buying an additional 2,169 shares during the period. CW Advisors LLC’s holdings in Cintas were worth $42,605,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in Cintas by 9.3% during the fourth quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock worth $232,000 after purchasing an additional 108 shares during the period. Bank Pictet & Cie Europe AG grew its stake in Cintas by 0.7% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 514,336 shares of the business services provider’s stock worth $93,969,000 after purchasing an additional 3,504 shares during the period. XTX Topco Ltd acquired a new stake in Cintas during the fourth quarter worth approximately $215,000. Canada Pension Plan Investment Board grew its stake in Cintas by 66.8% during the fourth quarter. Canada Pension Plan Investment Board now owns 22,048 shares of the business services provider’s stock worth $4,028,000 after purchasing an additional 8,827 shares during the period. Finally, MML Investors Services LLC grew its stake in Cintas by 12.1% during the fourth quarter. MML Investors Services LLC now owns 55,737 shares of the business services provider’s stock worth $10,183,000 after purchasing an additional 6,024 shares during the period. Institutional investors and hedge funds own 63.46% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on CTAS shares. Redburn Atlantic cut Cintas from a “neutral” rating to a “sell” rating and set a $171.00 target price for the company. in a research note on Thursday, May 1st. UBS Group increased their price target on Cintas from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Wells Fargo & Company upgraded Cintas from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $196.00 to $221.00 in a report on Tuesday, July 1st. JPMorgan Chase & Co. assumed coverage on Cintas in a report on Monday, July 14th. They issued an “overweight” rating and a $239.00 price target on the stock. Finally, Morgan Stanley increased their price target on Cintas from $213.00 to $220.00 and gave the stock an “equal weight” rating in a report on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $224.54.

Insider Activity

In related news, Director Ronald W. Tysoe sold 5,084 shares of Cintas stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $223.47, for a total transaction of $1,136,121.48. Following the sale, the director directly owned 21,945 shares in the company, valued at approximately $4,904,049.15. This trade represents a 18.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Todd M. Schneider sold 17,301 shares of Cintas stock in a transaction on Monday, July 28th. The stock was sold at an average price of $220.90, for a total value of $3,821,790.90. Following the sale, the chief executive officer owned 622,712 shares in the company, valued at $137,557,080.80. This trade represents a 2.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 15.00% of the company’s stock.

Cintas Stock Up 0.1%

CTAS stock opened at $216.73 on Thursday. Cintas Corporation has a twelve month low of $180.78 and a twelve month high of $229.24. The company has a quick ratio of 1.82, a current ratio of 2.09 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average is $220.44 and its 200-day moving average is $212.36. The firm has a market capitalization of $87.34 billion, a PE ratio of 49.15, a P/E/G ratio of 3.73 and a beta of 1.03.

Cintas (NASDAQ:CTAS) last posted its earnings results on Thursday, July 17th. The business services provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. Cintas had a return on equity of 41.21% and a net margin of 17.53%.The company had revenue of $2.67 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter last year, the company earned $3.99 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Cintas has set its FY 2026 guidance at 4.710-4.85 EPS. Sell-side analysts expect that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 15th will be issued a $0.45 dividend. This is a boost from Cintas’s previous quarterly dividend of $0.39. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, August 15th. Cintas’s dividend payout ratio is 40.82%.

Cintas Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.