Kepler Cheuvreux Suisse SA Purchases Shares of 15,288 Cintas Corporation $CTAS

Kepler Cheuvreux Suisse SA purchased a new position in Cintas Corporation (NASDAQ:CTAS) in the third quarter, HoldingsChannel.com reports. The firm purchased 15,288 shares of the business services provider’s stock, valued at approximately $3,138,000.

Several other institutional investors have also recently made changes to their positions in the stock. Portside Wealth Group LLC lifted its position in shares of Cintas by 3.5% during the 2nd quarter. Portside Wealth Group LLC now owns 1,360 shares of the business services provider’s stock valued at $303,000 after buying an additional 46 shares in the last quarter. Beacon Investment Advisors LLC increased its holdings in Cintas by 3.2% in the 2nd quarter. Beacon Investment Advisors LLC now owns 1,725 shares of the business services provider’s stock worth $381,000 after acquiring an additional 53 shares in the last quarter. CreativeOne Wealth LLC increased its holdings in Cintas by 0.3% in the 2nd quarter. CreativeOne Wealth LLC now owns 16,697 shares of the business services provider’s stock worth $3,721,000 after acquiring an additional 54 shares in the last quarter. Woodward Diversified Capital LLC raised its stake in Cintas by 4.7% during the 3rd quarter. Woodward Diversified Capital LLC now owns 1,229 shares of the business services provider’s stock worth $252,000 after acquiring an additional 55 shares during the period. Finally, Continuum Advisory LLC raised its stake in Cintas by 0.8% during the 3rd quarter. Continuum Advisory LLC now owns 6,894 shares of the business services provider’s stock worth $1,415,000 after acquiring an additional 56 shares during the period. Institutional investors own 63.46% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on CTAS shares. Citigroup reaffirmed a “sell” rating and set a $181.00 price target (up from $176.00) on shares of Cintas in a report on Monday, December 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Cintas in a research report on Monday, December 29th. Morgan Stanley lowered their target price on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. UBS Group reaffirmed a “buy” rating on shares of Cintas in a report on Friday, December 19th. Finally, Bank of America assumed coverage on Cintas in a research note on Tuesday, February 17th. They issued a “neutral” rating and a $215.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $218.17.

Cintas Trading Down 2.2%

CTAS stock opened at $196.28 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.71 and a quick ratio of 1.49. Cintas Corporation has a 1-year low of $180.39 and a 1-year high of $229.24. The business has a 50 day simple moving average of $194.67 and a two-hundred day simple moving average of $193.57. The company has a market capitalization of $78.49 billion, a price-to-earnings ratio of 57.22, a PEG ratio of 3.62 and a beta of 0.95.

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

Cintas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be issued a $0.45 dividend. 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 currently 52.48%.

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.