QRG Capital Management Inc. Increases Position in Cintas Corporation $CTAS

QRG Capital Management Inc. lifted its holdings in shares of Cintas Corporation (NASDAQ:CTAS) by 317.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 240,253 shares of the business services provider’s stock after buying an additional 182,678 shares during the period. QRG Capital Management Inc. owned approximately 0.06% of Cintas worth $40,862,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Cintas during the 2nd quarter valued at approximately $4,520,425,000. Geode Capital Management LLC grew its stake in shares of Cintas by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 9,293,485 shares of the business services provider’s stock valued at $1,746,453,000 after purchasing an additional 97,220 shares during the last quarter. Norges Bank purchased a new position in shares of Cintas in the 4th quarter valued at approximately $923,672,000. Bank of New York Mellon Corp acquired a new position in shares of Cintas in the second quarter valued at approximately $644,334,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Cintas by 2.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,438,568 shares of the business services provider’s stock valued at $458,622,000 after purchasing an additional 50,838 shares during the period. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Cintas News Roundup

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Fiscal first-quarter revenue increased 10.9% year over year to approximately $3.01 billion, while organic revenue growth reached 8.9%. Adjusted earnings of $1.39 per share exceeded the $1.35 consensus estimate, marking another quarterly beat. Cintas fiscal 2027 first-quarter results
• Positive Sentiment: Operating income rose 15.2% to $711.9 million and gross margin expanded to 51.5% from 50.3%, indicating continued operating leverage and healthy demand for Cintas’ uniform, facility-services, and safety offerings. Cintas revenue and margin results
• Positive Sentiment: Management raised fiscal 2027 adjusted EPS guidance to $5.45–$5.54 and revenue guidance to roughly $12.15–$12.27 billion. The company also announced a 15.6% dividend increase, supporting the shareholder-return outlook. Cintas raises fiscal 2027 outlook
• Neutral Sentiment: On its earnings call, Cintas said growth is being driven primarily by higher customer volume rather than price increases, a potentially favorable sign for demand durability but one that may limit near-term pricing benefits. Cintas volume-driven growth
• Neutral Sentiment: Results included $14.4 million of expenses related to the UniFirst transaction, creating a temporary drag while investors assess the strategic and execution risks of the combination. Cintas earnings call transcript
• Negative Sentiment: The guidance increase was relatively modest and broadly in line with existing expectations, leaving investors focused on whether future growth can justify CTAS’s premium valuation. The stock’s forward earnings multiple remains elevated, while analyst opinions are mixed and one recent analysis continued to flag potential underperformance. Mixed analyst opinions on Cintas

Cintas Price Performance

CTAS stock traded down $6.83 on Wednesday, reaching $191.97. 3,278,741 shares of the company’s stock were exchanged, compared to its average volume of 2,146,505. The stock has a fifty day moving average of $202.46 and a 200-day moving average of $185.63. Cintas Corporation has a twelve month low of $161.16 and a twelve month high of $219.16. The firm has a market cap of $76.92 billion, a PE ratio of 51.33, a P/E/G ratio of 3.18 and a beta of 0.91. The company has a quick ratio of 1.27, a current ratio of 1.43 and a debt-to-equity ratio of 0.28.

Cintas (NASDAQ:CTAS) last released its earnings results on Wednesday, September 23rd. The business services provider reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.04. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 earnings per share. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. As a group, equities analysts predict that Cintas Corporation will post 5.49 EPS for the current fiscal year.

Cintas Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 14th were issued a dividend of $0.52 per share. This is an increase from Cintas’s previous quarterly dividend of $0.45. This represents a $2.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, August 14th. Cintas’s payout ratio is presently 55.61%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Weiss Ratings raised Cintas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, September 11th. Bank of America raised shares of Cintas from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $200.00 to $230.00 in a research note on Thursday, July 16th. Argus upgraded shares of Cintas to a “strong-buy” rating in a research report on Friday, July 17th. UBS Group restated a “buy” rating and issued a $230.00 target price (up from $228.00) on shares of Cintas in a research note on Thursday, July 16th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Cintas in a report on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $213.85.

Cintas Company Profile

Cintas Corporation is a provider of workplace products and services for businesses across North America. The company helps organizations manage employee appearance, workplace cleanliness, safety, and compliance through a range of recurring service programs.

Its offerings include uniform rental and workwear, branded apparel, entrance mats, restroom supplies, and facility cleaning services. Cintas also provides first-aid and safety products, training, and fire protection services, including inspection and maintenance programs for fire extinguishers, sprinkler systems, alarms, and related equipment.

Headquartered in Mason, Ohio, Cintas traces its roots to a family-operated industrial laundry business established by Richard T.