Cintas Corporation $CTAS Shares Sold by World Investment Advisors

World Investment Advisors lowered its holdings in shares of Cintas Corporation (NASDAQ:CTAS) by 0.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,023 shares of the business services provider’s stock after selling 73 shares during the quarter. World Investment Advisors’ holdings in Cintas were worth $2,680,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. WPG Advisers LLC purchased a new position in Cintas during the first quarter worth approximately $27,000. Saudi Central Bank purchased a new position in Cintas during the first quarter valued at $29,000. Stone House Investment Management LLC purchased a new position in Cintas during the first quarter valued at $41,000. Resources Management Corp CT ADV purchased a new position in Cintas during the first quarter valued at $41,000. Finally, Greykasell Wealth Strategies Inc. purchased a new position in Cintas during the first quarter valued at $46,000. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CTAS. Morgan Stanley increased their price objective on shares of Cintas from $213.00 to $220.00 and gave the company an “equal weight” rating in a report on Friday, July 18th. Robert W. Baird increased their price objective on shares of Cintas from $227.00 to $230.00 and gave the company a “neutral” rating in a report on Friday, July 18th. UBS Group raised their target price on Cintas from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Royal Bank Of Canada decreased their target price on Cintas from $240.00 to $206.00 and set a “sector perform” rating on the stock in a research report on Thursday, September 25th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Cintas in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $222.09.

Cintas Stock Performance

Shares of Cintas stock opened at $183.98 on Friday. Cintas Corporation has a one year low of $180.78 and a one year high of $229.24. The company has a market cap of $73.94 billion, a price-to-earnings ratio of 41.72, a PEG ratio of 3.18 and a beta of 1.01. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.94 and a current ratio of 2.24. The business’s 50 day moving average price is $199.38 and its 200 day moving average price is $211.94.

Cintas (NASDAQ:CTAS) last announced its quarterly earnings data on Wednesday, September 24th. The business services provider reported $1.20 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the business posted $1.10 earnings per share. The firm’s revenue 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, research analysts predict that Cintas Corporation will post 4.31 EPS for the current year.

Cintas announced that its board has initiated a stock buyback program on Tuesday, October 28th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the business services provider to purchase up to 1.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Cintas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 14th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, November 14th. Cintas’s dividend payout ratio (DPR) is presently 40.82%.

Cintas Company 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.