Cintas Corporation $CTAS Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 0.5% in the third quarter, HoldingsChannel reports. The firm owned 1,603,999 shares of the business services provider’s stock after purchasing an additional 7,813 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Cintas were worth $329,216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in CTAS. Portside Wealth Group LLC lifted its stake in 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 buying an additional 46 shares during the last quarter. Beacon Investment Advisors LLC lifted its position in Cintas by 3.2% in the 2nd quarter. Beacon Investment Advisors LLC now owns 1,725 shares of the business services provider’s stock valued at $381,000 after purchasing an additional 53 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in Cintas by 0.3% during the 2nd quarter. CreativeOne Wealth LLC now owns 16,697 shares of the business services provider’s stock valued at $3,721,000 after purchasing an additional 54 shares during the period. Woodward Diversified Capital LLC grew its position in Cintas by 4.7% in the 3rd quarter. Woodward Diversified Capital LLC now owns 1,229 shares of the business services provider’s stock worth $252,000 after purchasing an additional 55 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in Cintas by 0.8% in the 3rd quarter. Continuum Advisory LLC now owns 6,894 shares of the business services provider’s stock worth $1,415,000 after purchasing an additional 56 shares during the last quarter. 63.46% of the stock is currently owned by institutional investors.

Cintas Stock Up 2.2%

Shares of CTAS stock opened at $204.53 on Friday. Cintas Corporation has a 1 year low of $180.39 and a 1 year 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 business’s fifty day moving average is $194.10 and its 200-day moving average is $194.20. The stock has a market cap of $81.79 billion, a PE ratio of 59.63, a price-to-earnings-growth ratio of 3.61 and a beta of 0.95.

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

Cintas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be given a dividend of $0.45 per share. 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 payout ratio is 52.48%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cintas in a report on Monday, December 29th. Robert W. Baird lifted their target price on 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 Cintas in a research report on Wednesday, November 12th. They set a “market perform” rating and a $200.00 price target for the company. Citigroup reissued a “sell” rating and issued a $181.00 price target (up from $176.00) on shares of Cintas in a research note on Monday, December 22nd. Finally, UBS Group restated 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 issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.