Valeo Financial Advisors LLC Has $1.67 Million Stake in Cintas Corporation $CTAS

Valeo Financial Advisors LLC decreased its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 30.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 8,137 shares of the business services provider’s stock after selling 3,573 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Cintas were worth $1,670,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Alpha Financial Partners LLC raised its holdings in Cintas by 2.9% in the 2nd quarter. Alpha Financial Partners LLC now owns 1,602 shares of the business services provider’s stock valued at $357,000 after acquiring an additional 45 shares in the last quarter. Portside Wealth Group LLC increased its position in shares of Cintas by 3.5% during the second quarter. Portside Wealth Group LLC now owns 1,360 shares of the business services provider’s stock valued at $303,000 after purchasing an additional 46 shares during the period. Elyxium Wealth LLC raised its stake in shares of Cintas by 3.8% in the second quarter. Elyxium Wealth LLC now owns 1,322 shares of the business services provider’s stock valued at $295,000 after purchasing an additional 48 shares in the last quarter. PDS Planning Inc lifted its position in Cintas by 2.0% in the second quarter. PDS Planning Inc now owns 2,508 shares of the business services provider’s stock worth $559,000 after purchasing an additional 49 shares during the period. Finally, Copperwynd Financial LLC boosted its stake in Cintas by 4.0% during the second quarter. Copperwynd Financial LLC now owns 1,306 shares of the business services provider’s stock worth $291,000 after buying an additional 50 shares in the last quarter. Institutional investors own 63.46% of the company’s stock.

Cintas Stock Performance

NASDAQ CTAS opened at $189.16 on Thursday. Cintas Corporation has a 1-year low of $180.39 and a 1-year high of $229.24. The company has a 50 day moving average of $188.65 and a 200-day moving average of $198.54. The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. The firm has a market cap of $75.64 billion, a price-to-earnings ratio of 55.15, a PEG ratio of 3.27 and a beta of 0.97.

Cintas (NASDAQ:CTAS) last announced its earnings results on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, topping 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 business had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same period in the previous year, the business earned $1.09 EPS. 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. On average, equities analysts forecast that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be paid a $0.45 dividend. The ex-dividend date is Friday, February 13th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.0%. Cintas’s dividend payout ratio (DPR) is 52.48%.

Cintas announced that its board has authorized a stock repurchase plan on Tuesday, October 28th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the business services provider to reacquire up to 1.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CTAS. Citigroup restated a “sell” rating and issued a $181.00 price objective (up previously from $176.00) on shares of Cintas in a research note on Monday, December 22nd. Rothschild Redb raised shares of Cintas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. UBS Group reaffirmed a “buy” rating on shares of Cintas in a report on Friday, December 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Cintas in a research note on Monday, December 29th. Finally, Wells Fargo & Company upgraded Cintas from a “cautious” rating to an “overweight” rating and raised their target price for the stock from $205.00 to $245.00 in a research report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $214.86.

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.