Cintas Corporation $CTAS Shares Acquired by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC lifted its holdings in Cintas Corporation (NASDAQ:CTASFree Report) by 121.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,909 shares of the business services provider’s stock after buying an additional 4,883 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Cintas were worth $1,829,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Alpha Financial Partners LLC boosted its position in shares of Cintas by 2.9% during the 2nd quarter. Alpha Financial Partners LLC now owns 1,602 shares of the business services provider’s stock worth $357,000 after purchasing an additional 45 shares in the last quarter. Portside Wealth Group LLC lifted its stake in shares of Cintas by 3.5% in the second quarter. Portside Wealth Group LLC now owns 1,360 shares of the business services provider’s stock valued at $303,000 after purchasing an additional 46 shares during the period. Elyxium Wealth LLC boosted its holdings in Cintas by 3.8% during the second quarter. Elyxium Wealth LLC now owns 1,322 shares of the business services provider’s stock worth $295,000 after buying an additional 48 shares in the last quarter. Oarsman Capital Inc. grew its position in Cintas by 3.9% during the first quarter. Oarsman Capital Inc. now owns 1,321 shares of the business services provider’s stock worth $272,000 after buying an additional 49 shares during the period. Finally, Independent Wealth Network Inc. increased its holdings in Cintas by 4.8% in the second quarter. Independent Wealth Network Inc. now owns 1,077 shares of the business services provider’s stock valued at $240,000 after buying an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Key Headlines Impacting Cintas

Here are the key news stories impacting Cintas this week:

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CTAS. 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. Redburn Partners set a $184.00 price objective on Cintas in a report on Tuesday, November 11th. UBS Group reiterated a “buy” rating on shares of Cintas in a research report on Friday. Royal Bank Of Canada restated a “sector perform” rating and issued a $206.00 price target on shares of Cintas in a research report on Friday. Finally, Citigroup boosted their price objective on shares of Cintas from $172.00 to $176.00 and gave the stock a “sell” rating in a research report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $211.64.

Read Our Latest Report on CTAS

Cintas Stock Down 1.2%

Shares of NASDAQ:CTAS opened at $187.57 on Friday. The company has a quick ratio of 1.94, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $75.38 billion, a P/E ratio of 42.53, a P/E/G ratio of 3.28 and a beta of 0.96. Cintas Corporation has a 52-week low of $180.39 and a 52-week high of $229.24. The stock’s fifty day simple moving average is $186.39 and its 200-day simple moving average is $204.56.

Cintas (NASDAQ:CTASGet Free Report) last posted 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 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% compared to the same quarter last year. During the same quarter last year, the business posted $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, equities research analysts forecast that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas announced that its Board of Directors has approved a share buyback plan on Tuesday, October 28th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the business services provider to buy up to 1.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Cintas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, November 14th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, November 14th. Cintas’s payout ratio is presently 40.82%.

Cintas Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cintas (NASDAQ:CTAS)

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