Capital Investment Advisors LLC Acquires 444 Shares of Cintas Corporation $CTAS

Capital Investment Advisors LLC increased its position in Cintas Corporation (NASDAQ:CTAS) by 18.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,914 shares of the business services provider’s stock after purchasing an additional 444 shares during the quarter. Capital Investment Advisors LLC’s holdings in Cintas were worth $649,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. WPG Advisers LLC bought a new position in Cintas in the first quarter worth approximately $27,000. Saudi Central Bank bought a new position in Cintas in the first quarter worth approximately $29,000. Stone House Investment Management LLC bought a new position in Cintas in the first quarter worth approximately $41,000. Resources Management Corp CT ADV bought a new position in Cintas in the first quarter worth approximately $41,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its stake in Cintas by 646.4% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 209 shares of the business services provider’s stock worth $43,000 after purchasing an additional 181 shares in the last quarter. Institutional investors own 63.46% of the company’s stock.

Insider Activity

In other news, Director Ronald W. Tysoe sold 5,084 shares of the stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $223.47, for a total transaction of $1,136,121.48. Following the completion of the sale, the director owned 21,945 shares in the company, valued at approximately $4,904,049.15. This represents a 18.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Martin Mucci acquired 1,200 shares of the firm’s stock in a transaction dated Monday, July 21st. The shares were acquired at an average price of $222.55 per share, with a total value of $267,060.00. Following the acquisition, the director owned 2,621 shares in the company, valued at approximately $583,303.55. The trade was a 84.45% increase in their position. The disclosure for this purchase can be found here. Company insiders own 14.90% of the company’s stock.

Cintas Stock Down 0.4%

Cintas stock opened at $202.91 on Friday. Cintas Corporation has a twelve month low of $180.78 and a twelve month high of $229.24. The business has a fifty day moving average of $211.42 and a two-hundred day moving average of $212.93. The company has a quick ratio of 1.94, a current ratio of 2.24 and a debt-to-equity ratio of 0.51. The firm has a market cap of $81.77 billion, a P/E ratio of 46.01, a P/E/G ratio of 3.52 and a beta of 1.01.

Cintas (NASDAQ:CTAS) last issued its quarterly earnings data on Wednesday, September 24th. The business services provider reported $1.20 EPS for the quarter, beating the consensus estimate of $1.19 by $0.01. Cintas had a return on equity of 40.41% and a net margin of 17.54%.The firm had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the prior year, the business posted $1.10 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS. On average, analysts forecast that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 15th were issued a dividend of $0.45 per share. The ex-dividend date was Friday, August 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.9%. This is a boost from Cintas’s previous quarterly dividend of $0.39. Cintas’s dividend payout ratio (DPR) is currently 40.82%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CTAS shares. Robert W. Baird increased their price objective on Cintas from $227.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, July 18th. Morgan Stanley increased their price objective on Cintas from $213.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Friday, July 18th. UBS Group upped their target price on Cintas from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, July 18th. The Goldman Sachs Group upped their target price on Cintas from $233.00 to $257.00 and gave the stock a “buy” rating in a report on Wednesday, July 2nd. Finally, Royal Bank Of Canada lowered their target price on Cintas from $240.00 to $206.00 and set a “sector perform” rating for the company in a report on Thursday, September 25th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Cintas presently has a consensus rating of “Hold” and a consensus price target of $222.09.

Cintas Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.