Machina Capital S.A.S. Acquires New Stake in Cintas Corporation $CTAS

Machina Capital S.A.S. purchased a new position in Cintas Corporation (NASDAQ:CTAS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 19,942 shares of the business services provider’s stock, valued at approximately $4,093,000.

Other hedge funds have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC boosted its stake in shares of Cintas by 42.7% during the third quarter. Ashton Thomas Private Wealth LLC now owns 1,890 shares of the business services provider’s stock valued at $388,000 after purchasing an additional 566 shares in the last quarter. Keeler Thomas Management LLC raised its position in shares of Cintas by 1.7% in the 3rd quarter. Keeler Thomas Management LLC now owns 5,906 shares of the business services provider’s stock valued at $1,212,000 after purchasing an additional 98 shares during the last quarter. Commonwealth Retirement Investments LLC lifted its stake in shares of Cintas by 13.7% during the third quarter. Commonwealth Retirement Investments LLC now owns 5,666 shares of the business services provider’s stock worth $1,163,000 after buying an additional 684 shares during the period. Atlantic Union Bankshares Corp increased its holdings in shares of Cintas by 1,284.0% in the third quarter. Atlantic Union Bankshares Corp now owns 6,408 shares of the business services provider’s stock valued at $1,315,000 after purchasing an additional 5,945 shares during the period. Finally, Nicholson Wealth Management Group LLC increased its holdings in Cintas by 15.2% in the 3rd quarter. Nicholson Wealth Management Group LLC now owns 7,401 shares of the business services provider’s stock worth $1,519,000 after buying an additional 978 shares during the period. 63.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CTAS. Robert W. Baird boosted their price objective on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Morgan Stanley lowered their target price on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. UBS Group reissued a “buy” rating on shares of Cintas in a research note on Friday, December 19th. Sanford C. Bernstein started coverage on shares of Cintas in a report on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 price objective for the company. Finally, Rothschild Redb upgraded Cintas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Cintas presently has an average rating of “Hold” and a consensus target price of $214.86.

Cintas Price Performance

Shares of CTAS opened at $190.73 on Wednesday. The firm has a market capitalization of $76.27 billion, a price-to-earnings ratio of 55.61, a PEG ratio of 3.27 and a beta of 0.95. The firm’s fifty day simple moving average is $189.21 and its 200-day simple moving average is $197.65. 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.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. The company had revenue of $2.80 billion for 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%.Cintas’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the firm earned $1.09 earnings per share. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Equities analysts forecast that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas announced that its board has authorized a share repurchase program on Tuesday, October 28th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the business services provider to purchase up to 1.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Cintas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be given 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 dividend 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.