MAI Capital Management Has $10.52 Million Stake in Cintas Corporation $CTAS

MAI Capital Management boosted its position in shares of Cintas Corporation (NASDAQ:CTAS) by 28.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 51,263 shares of the business services provider’s stock after buying an additional 11,332 shares during the period. MAI Capital Management’s holdings in Cintas were worth $10,522,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Cintas by 9.3% in the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock valued at $232,000 after acquiring an additional 108 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Cintas by 42.3% in the second quarter. Sivia Capital Partners LLC now owns 1,441 shares of the business services provider’s stock valued at $321,000 after acquiring an additional 428 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in Cintas in the second quarter valued at about $295,000. Transcend Capital Advisors LLC acquired a new stake in Cintas in the second quarter worth about $230,000. Finally, Advisory Alpha LLC raised its holdings in Cintas by 3.9% during the 2nd quarter. Advisory Alpha LLC now owns 1,718 shares of the business services provider’s stock worth $383,000 after purchasing an additional 65 shares during the last quarter. Institutional investors own 63.46% of the company’s stock.

Cintas Stock Down 0.9%

Shares of NASDAQ CTAS opened at $196.78 on Thursday. Cintas Corporation has a 52-week low of $180.39 and a 52-week high of $229.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.71. The stock has a market cap of $78.69 billion, a P/E ratio of 57.37, a P/E/G ratio of 3.58 and a beta of 0.95. The firm has a 50 day moving average price of $192.63 and a 200 day moving average price of $194.88.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, topping 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 company had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same period last year, the firm posted $1.09 earnings per share. The business’s quarterly 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 expect that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, February 13th. Cintas’s payout ratio is presently 52.48%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Robert W. Baird raised their target price on shares of Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. 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 price objective on the stock. Rothschild & Co Redburn set a $184.00 price objective on shares of Cintas in a research note on Tuesday, November 11th. Morgan Stanley lowered their target price on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Finally, UBS Group reissued a “buy” rating on shares of Cintas in a research note on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Cintas currently has a consensus rating of “Hold” and a consensus price target of $218.17.

About Cintas

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.