Cintas Corporation $CTAS Stock Holdings Lessened by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 4.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 82,928 shares of the business services provider’s stock after selling 3,686 shares during the quarter. Yousif Capital Management LLC’s holdings in Cintas were worth $17,022,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its stake in shares of Cintas by 9.3% during the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock valued at $232,000 after buying an additional 108 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Cintas by 5.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 28,457 shares of the business services provider’s stock worth $5,849,000 after acquiring an additional 1,394 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Cintas by 9.1% in the first quarter. Smartleaf Asset Management LLC now owns 2,729 shares of the business services provider’s stock valued at $555,000 after purchasing an additional 228 shares in the last quarter. Axiom Investors LLC DE grew its stake in Cintas by 16.2% in the first quarter. Axiom Investors LLC DE now owns 1,058,843 shares of the business services provider’s stock valued at $217,624,000 after purchasing an additional 147,851 shares in the last quarter. Finally, ICONIQ Capital LLC acquired a new position in Cintas in the 1st quarter worth about $229,000. Institutional investors and hedge funds own 63.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on CTAS shares. JPMorgan Chase & Co. cut their price target on Cintas from $246.00 to $230.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Morgan Stanley cut their price objective on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. UBS Group reissued a “buy” rating on shares of Cintas in a research report on Friday. Redburn Partners set a $184.00 price target on shares of Cintas in a report on Tuesday, November 11th. Finally, Robert W. Baird upped their price objective on shares of Cintas from $220.00 to $225.00 and gave the stock a “neutral” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $212.00.

Cintas Trading Up 2.4%

NASDAQ:CTAS opened at $191.99 on Tuesday. The company’s 50 day moving average is $186.47 and its 200-day moving average is $203.99. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. Cintas Corporation has a 12 month low of $180.39 and a 12 month high of $229.24. The firm has a market cap of $77.16 billion, a price-to-earnings ratio of 58.00, a P/E/G ratio of 3.23 and a beta of 0.96.

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

Cintas declared that its Board of Directors has approved a stock buyback program on Tuesday, October 28th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to repurchase up to 1.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Cintas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 14th were paid a $0.45 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. Cintas’s payout ratio is presently 54.38%.

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.