Cintas Corporation $CTAS Shares Sold by Donaldson Capital Management LLC

Donaldson Capital Management LLC cut its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 14.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,977 shares of the business services provider’s stock after selling 3,760 shares during the period. Donaldson Capital Management LLC’s holdings in Cintas were worth $4,511,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Argus raised Cintas to a “strong-buy” rating in a report on Wednesday, January 21st. Citigroup reaffirmed a “sell” rating and issued a $181.00 price objective (up previously from $176.00) on shares of Cintas in a report on Monday, December 22nd. Royal Bank Of Canada reissued a “sector perform” rating and set a $206.00 target price on shares of Cintas in a report on Friday, December 19th. Redburn Partners set a $184.00 price target on shares of Cintas in a research report on Tuesday, November 11th. Finally, Rothschild Redb raised shares of Cintas from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $214.86.

Cintas Trading Up 0.9%

Shares of NASDAQ:CTAS opened at $191.39 on Friday. 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 company’s 50-day moving average price is $188.90 and its 200 day moving average price is $198.20. The company has a market cap of $76.53 billion, a PE ratio of 55.80, a P/E/G ratio of 3.25 and a beta of 0.97. Cintas Corporation has a fifty-two week low of $180.39 and a fifty-two week high of $229.24.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, beating the consensus estimate of $1.20 by $0.01. The company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. Cintas’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.09 earnings per share. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Sell-side analysts anticipate that Cintas Corporation will post 4.31 earnings per share for the current year.

Cintas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Friday, February 13th. Cintas’s payout ratio is 52.48%.

Cintas announced that its board has authorized a stock repurchase program 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 shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

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.