Cintas Corporation $CTAS Position Cut by Natixis Advisors LLC

Natixis Advisors LLC reduced its holdings in Cintas Corporation (NASDAQ:CTAS) by 9.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 413,047 shares of the business services provider’s stock after selling 41,998 shares during the quarter. Natixis Advisors LLC’s holdings in Cintas were worth $84,782,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Alpine Bank Wealth Management boosted its position in Cintas by 1,092.9% during the 3rd quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock worth $34,000 after acquiring an additional 153 shares during the period. WPG Advisers LLC increased its holdings in shares of Cintas by 90.0% during the third quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 81 shares during the period. Golden State Wealth Management LLC raised its stake in shares of Cintas by 3,925.0% during the second quarter. Golden State Wealth Management LLC now owns 161 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 157 shares in the last quarter. Addison Advisors LLC raised its stake in shares of Cintas by 57.0% during the second quarter. Addison Advisors LLC now owns 168 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 61 shares in the last quarter. Finally, Salomon & Ludwin LLC lifted its holdings in Cintas by 84.0% in the third quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider’s stock worth $37,000 after purchasing an additional 84 shares during the period. Institutional investors own 63.46% of the company’s stock.

Cintas Stock Performance

Shares of NASDAQ CTAS opened at $203.61 on Monday. Cintas Corporation has a 52-week low of $180.39 and a 52-week high of $229.24. The stock has a market capitalization of $81.42 billion, a price-to-earnings ratio of 59.36, a PEG ratio of 3.67 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. The stock’s fifty day simple moving average is $194.35 and its 200 day simple moving average is $193.81.

Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. The business had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.77 billion. Cintas had a return on equity of 41.07% and a net margin of 17.58%.Cintas’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the company posted $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, sell-side analysts forecast 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 will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, February 13th. Cintas’s dividend payout ratio (DPR) is presently 52.48%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CTAS. Sanford C. Bernstein initiated coverage on shares of Cintas in a research report on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 target price for the company. Robert W. Baird upped their price target on shares of Cintas from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. UBS Group reiterated a “buy” rating 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, Rothschild & Co Redburn set a $184.00 target price on Cintas in a report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Cintas has a consensus rating of “Hold” and an average target price of $218.17.

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.