Brevan Howard Capital Management LP Cuts Stock Holdings in Cintas Corporation $CTAS

Brevan Howard Capital Management LP lowered its position in Cintas Corporation (NASDAQ:CTAS) by 48.6% in the third quarter, Holdings Channel.com reports. The firm owned 34,135 shares of the business services provider’s stock after selling 32,268 shares during the quarter. Brevan Howard Capital Management LP’s holdings in Cintas were worth $7,007,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Cintas by 9.3% during the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock worth $232,000 after buying an additional 108 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Cintas by 42.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,441 shares of the business services provider’s stock valued at $321,000 after buying an additional 428 shares during the period. ABN Amro Investment Solutions purchased a new stake in shares of Cintas in the second quarter valued at approximately $1,331,000. Advisors Capital Management LLC boosted its stake in shares of Cintas by 21.6% in the second quarter. Advisors Capital Management LLC now owns 4,701 shares of the business services provider’s stock valued at $1,048,000 after buying an additional 834 shares in the last quarter. Finally, CFO4Life Group LLC grew its holdings in Cintas by 8.6% during the second quarter. CFO4Life Group LLC now owns 1,134 shares of the business services provider’s stock worth $253,000 after acquiring an additional 90 shares during the period. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Cintas Stock Performance

Shares of CTAS stock opened at $194.28 on Friday. The stock has a fifty day moving average price of $195.16 and a 200 day moving average price of $193.34. 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 $77.69 billion, a PE ratio of 56.64, a P/E/G ratio of 3.50 and a beta of 0.95. Cintas Corporation has a 1 year low of $180.39 and a 1 year high of $229.24.

Cintas (NASDAQ:CTAS) last posted 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 company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the prior year, the company earned $1.09 earnings per share. Cintas’s 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. Sell-side analysts forecast that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 13th were 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 was Friday, February 13th. Cintas’s dividend payout ratio is presently 52.48%.

Wall Street Analyst Weigh In

CTAS has been the subject of a number of recent analyst reports. Morgan Stanley reduced their target price on Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Wells Fargo & Company raised shares of Cintas from a “cautious” rating to an “overweight” rating and upped their price target for the stock from $205.00 to $245.00 in a research note on Wednesday, January 14th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $206.00 price target on shares of Cintas in a report on Friday, December 19th. Argus upgraded shares of Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. Finally, Bank of America began coverage on shares of Cintas in a report on Tuesday, February 17th. They set a “neutral” rating and a $215.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $220.25.

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.