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

Valeo Financial Advisors LLC reduced its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 30.5% during the 3rd quarter, Holdings Channel.com reports. 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 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of CTAS. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Cintas by 2.7% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 99,876 shares of the business services provider’s stock worth $20,501,000 after acquiring an additional 2,628 shares in the last quarter. Merit Financial Group LLC boosted its stake in Cintas by 11.2% in the 2nd quarter. Merit Financial Group LLC now owns 14,472 shares of the business services provider’s stock worth $3,225,000 after purchasing an additional 1,459 shares during the period. HBK Sorce Advisory LLC increased its holdings in Cintas by 197.4% during the 3rd quarter. HBK Sorce Advisory LLC now owns 9,344 shares of the business services provider’s stock worth $1,858,000 after purchasing an additional 6,202 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Cintas by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 38,384,133 shares of the business services provider’s stock valued at $8,554,672,000 after purchasing an additional 524,829 shares during the period. Finally, Scalar Gauge Management LLC lifted its holdings in shares of Cintas by 210.0% in the third quarter. Scalar Gauge Management LLC now owns 31,000 shares of the business services provider’s stock valued at $6,363,000 after purchasing an additional 21,000 shares in the last quarter. Institutional investors own 63.46% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on CTAS. Citigroup reiterated a “sell” rating and set a $181.00 price objective (up from $176.00) on shares of Cintas in a report on Monday, December 22nd. Robert W. Baird lifted their price objective on shares of Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Royal Bank Of Canada restated a “sector perform” rating and set a $206.00 target price on shares of Cintas in a report on Friday, December 19th. Argus raised shares of Cintas to a “strong-buy” rating in a research report on Wednesday, January 21st. Finally, Sanford C. Bernstein assumed coverage on shares of Cintas in a research note on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $214.86.

Cintas Price Performance

Shares of CTAS opened at $189.16 on Thursday. 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 company’s fifty day simple moving average is $188.65 and its 200 day simple moving average is $198.54. Cintas Corporation has a 1-year low of $180.39 and a 1-year high of $229.24. The company 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 quarterly earnings data on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. The company had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. On average, research analysts forecast that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas announced that its board has authorized a share repurchase plan on Tuesday, October 28th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to buy up to 1.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Cintas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders 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 annualized dividend and a yield of 1.0%. Cintas’s dividend payout ratio is currently 52.48%.

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.