Temasek Holdings Private Ltd Raises Holdings in Cintas Corporation $CTAS

Temasek Holdings Private Ltd increased its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 62.4% during the 3rd quarter, Holdings Channel reports. The fund owned 59,120 shares of the business services provider’s stock after purchasing an additional 22,715 shares during the quarter. Temasek Holdings Private Ltd’s holdings in Cintas were worth $12,135,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CTAS. Perbak Capital Partners LLP acquired a new stake in shares of Cintas during the 3rd quarter worth approximately $374,000. Brown Brothers Harriman & Co. increased its holdings in shares of Cintas by 4.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 11,379 shares of the business services provider’s stock valued at $2,336,000 after purchasing an additional 528 shares in the last quarter. Capital Wealth Planning LLC lifted its stake in shares of Cintas by 18.9% in the 3rd quarter. Capital Wealth Planning LLC now owns 1,128 shares of the business services provider’s stock valued at $232,000 after purchasing an additional 179 shares during the period. FORA Capital LLC purchased a new stake in Cintas during the third quarter worth $236,000. Finally, GeoWealth Management LLC boosted its holdings in Cintas by 19.2% during the third quarter. GeoWealth Management LLC now owns 1,190 shares of the business services provider’s stock worth $244,000 after buying an additional 192 shares in the last quarter. 63.46% of the stock is currently owned by hedge funds and other institutional investors.

Cintas Stock Performance

CTAS opened at $194.28 on Friday. The firm’s fifty day simple moving average is $195.16 and its two-hundred day simple moving average is $193.48. Cintas Corporation has a 52-week low of $180.39 and a 52-week high of $229.24. The company has a market cap of $77.69 billion, a price-to-earnings ratio of 56.64, a PEG ratio of 3.48 and a beta of 0.95. 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 (NASDAQ:CTAS) last released its earnings results 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. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The business had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the previous year, the company earned $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 anticipate that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was 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 presently 52.48%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CTAS. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cintas in a report on Monday, December 29th. Robert W. Baird upgraded Cintas from a “neutral” rating to an “outperform” rating and set a $250.00 target price on the stock in a research report on Wednesday. Royal Bank Of Canada restated a “sector perform” rating and issued a $206.00 price target on shares of Cintas in a research note on Friday, December 19th. Morgan Stanley reduced their price target on 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 reiterated a “buy” rating on shares of Cintas in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $220.25.

Cintas 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.