Cintas Corporation $CTAS Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. boosted its position in shares of Cintas Corporation (NASDAQ:CTAS) by 317.3% during the second quarter, Holdings Channel reports. The firm owned 240,253 shares of the business services provider’s stock after buying an additional 182,678 shares during the quarter. QRG Capital Management Inc.’s holdings in Cintas were worth $40,862,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CTAS. Envestnet Portfolio Solutions Inc. boosted its position in shares of Cintas by 121.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 26,415 shares of the business services provider’s stock worth $4,493,000 after buying an additional 14,475 shares in the last quarter. Andra AP fonden increased its holdings in Cintas by 78.6% during the 2nd quarter. Andra AP fonden now owns 140,400 shares of the business services provider’s stock valued at $23,879,000 after acquiring an additional 61,800 shares in the last quarter. Bullseye Investment Management LLC purchased a new position in Cintas during the 2nd quarter valued at about $253,000. Tidal Investments LLC increased its holdings in Cintas by 16.3% during the 2nd quarter. Tidal Investments LLC now owns 62,579 shares of the business services provider’s stock valued at $10,643,000 after acquiring an additional 8,778 shares in the last quarter. Finally, MCF Advisors LLC raised its position in Cintas by 27.6% during the second quarter. MCF Advisors LLC now owns 4,743 shares of the business services provider’s stock worth $807,000 after acquiring an additional 1,025 shares during the last quarter. Institutional investors and hedge funds own 63.46% of the company’s stock.

Key Headlines Impacting Cintas

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Fiscal first-quarter revenue increased 10.9% year over year to approximately $3.01 billion, while organic revenue growth reached 8.9%. Adjusted earnings of $1.39 per share exceeded the $1.35 consensus estimate, marking another quarterly beat. Cintas fiscal 2027 first-quarter results
• Positive Sentiment: Operating income rose 15.2% to $711.9 million and gross margin expanded to 51.5% from 50.3%, indicating continued operating leverage and healthy demand for Cintas’ uniform, facility-services, and safety offerings. Cintas revenue and margin results
• Positive Sentiment: Management raised fiscal 2027 adjusted EPS guidance to $5.45–$5.54 and revenue guidance to roughly $12.15–$12.27 billion. The company also announced a 15.6% dividend increase, supporting the shareholder-return outlook. Cintas raises fiscal 2027 outlook
• Neutral Sentiment: On its earnings call, Cintas said growth is being driven primarily by higher customer volume rather than price increases, a potentially favorable sign for demand durability but one that may limit near-term pricing benefits. Cintas volume-driven growth
• Neutral Sentiment: Results included $14.4 million of expenses related to the UniFirst transaction, creating a temporary drag while investors assess the strategic and execution risks of the combination. Cintas earnings call transcript
• Negative Sentiment: The guidance increase was relatively modest and broadly in line with existing expectations, leaving investors focused on whether future growth can justify CTAS’s premium valuation. The stock’s forward earnings multiple remains elevated, while analyst opinions are mixed and one recent analysis continued to flag potential underperformance. Mixed analyst opinions on Cintas

Cintas Price Performance

CTAS stock traded down $6.83 during trading on Wednesday, hitting $191.97. The stock had a trading volume of 3,278,741 shares, compared to its average volume of 2,146,505. The stock has a market cap of $76.92 billion, a price-to-earnings ratio of 51.33, a price-to-earnings-growth ratio of 3.18 and a beta of 0.91. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.27 and a current ratio of 1.43. The company’s 50 day moving average price is $202.46 and its two-hundred day moving average price is $185.63. Cintas Corporation has a 1-year low of $161.16 and a 1-year high of $219.16.

Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Wednesday, September 23rd. The business services provider reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.04. Cintas had a net margin of 17.75% and a return on equity of 42.05%. Cintas’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.20 EPS. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. On average, sell-side analysts forecast that Cintas Corporation will post 5.49 EPS for the current fiscal year.

Cintas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 14th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 1.1%. This is an increase from Cintas’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, August 14th. Cintas’s dividend payout ratio (DPR) is 55.61%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Robert W. Baird upped their price target on shares of Cintas from $200.00 to $214.00 and gave the company an “outperform” rating in a report on Thursday, July 16th. The Goldman Sachs Group reissued a “buy” rating and set a $231.00 price objective on shares of Cintas in a research note on Wednesday, July 15th. Citigroup restated a “sell” rating and set a $180.00 price objective (up from $175.00) on shares of Cintas in a research report on Tuesday. Weiss Ratings raised Cintas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 11th. Finally, Bank of America upgraded Cintas from a “neutral” rating to a “buy” rating and increased their target price for the company from $200.00 to $230.00 in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $213.85.

About Cintas

Cintas Corporation is a provider of workplace products and services for businesses across North America. The company helps organizations manage employee appearance, workplace cleanliness, safety, and compliance through a range of recurring service programs.

Its offerings include uniform rental and workwear, branded apparel, entrance mats, restroom supplies, and facility cleaning services. Cintas also provides first-aid and safety products, training, and fire protection services, including inspection and maintenance programs for fire extinguishers, sprinkler systems, alarms, and related equipment.

Headquartered in Mason, Ohio, Cintas traces its roots to a family-operated industrial laundry business established by Richard T.