Cintas Corporation $CTAS Stake Boosted by Douglass Winthrop Advisors LLC

Douglass Winthrop Advisors LLC boosted its holdings in Cintas Corporation (NASDAQ:CTAS) by 1,670.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,490 shares of the business services provider’s stock after purchasing an additional 24,050 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in Cintas were worth $5,232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of CTAS. Alpine Bank Wealth Management boosted its holdings in shares of Cintas by 1,092.9% in the 3rd quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock valued at $34,000 after buying an additional 153 shares during the period. WPG Advisers LLC raised its stake in Cintas by 90.0% during the third quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock worth $35,000 after acquiring an additional 81 shares during the period. Salomon & Ludwin LLC lifted its holdings in Cintas by 84.0% in the third quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider’s stock worth $37,000 after acquiring an additional 84 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in Cintas in the second quarter worth about $45,000. Finally, Caitlin John LLC acquired a new position in Cintas in the third quarter valued at approximately $49,000. 63.46% of the stock is owned by institutional investors and hedge funds.

More Cintas News

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Cintas agreed to acquire UniFirst for $310 per share in a deal valuing the target at roughly $5.5B; management projects roughly $375M of annual cost synergies as the companies combine routes, facilities and purchasing power — a clear long‑term earnings/scale rationale. Cintas to Acquire UniFirst in $5.5 Billion Transaction
• Positive Sentiment: Large UniFirst shareholders and activists have signaled support for a sale, and Engine Capital publicly called the deal the right transaction — reducing activist/closing risk and improving odds the merger completes. Engine Capital Issues Statement Regarding Sale
• Positive Sentiment: Analyst support is rising: Robert W. Baird upgraded CTAS to outperform with a $250 price target and Truist issued a buy — both signal confidence the deal and Cintas’s growth story justify higher multiples (positive for sentiment and investor demand).
• Neutral Sentiment: Investors have access to granular M&A detail — a Seeking Alpha transcript of the M&A call is available for those modeling timing, integration assumptions and regulatory commentary. Cintas Corporation M&A Call Transcript
• Neutral Sentiment: Upcoming earnings-season attention remains a background catalyst (investors will weigh the deal impact against Cintas’s organic execution and FY26 guidance). See the earnings event page for dates and estimates. Will Cintas (CTAS) beat quarterly earnings?
• Negative Sentiment: A law firm announced an investigation into UniFirst’s board over whether the sale provided fair value to UNF shareholders — potential litigation or proxy conflict could slow closing or change terms. SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of UniFirst
• Negative Sentiment: Short-interest data show elevated short positions as of late February (~8.19M shares; ~2.4% of float, ~4.8 days to cover), which raises the risk of bearish pressure or volatility while the deal and integration risks are digested.
• Negative Sentiment: Market reaction was mixed on the announcement (UniFirst shares jumped; Cintas initially dipped on the cash/stock mix and near-term execution costs), underscoring short-term skepticism even if long-term synergies are credible. Cintas (CTAS) Closes $5.5B Acquisition of Uniform Rival UniFirst (UNF)

Wall Street Analyst Weigh In

CTAS has been the subject of several recent research reports. Citigroup reaffirmed a “sell” rating and set a $181.00 target price (up from $176.00) on shares of Cintas in a report on Monday, December 22nd. Royal Bank Of Canada restated a “sector perform” rating and set a $206.00 price objective on shares of Cintas in a research report on Friday, December 19th. Wells Fargo & Company raised Cintas from a “cautious” rating to an “overweight” rating and increased their target price for the stock from $205.00 to $245.00 in a research report on Wednesday, January 14th. Bank of America started coverage on Cintas in a research note on Tuesday, February 17th. They issued a “neutral” rating and a $215.00 target price on the stock. Finally, Argus raised shares of Cintas to a “strong-buy” rating in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Cintas presently has a consensus rating of “Moderate Buy” and an average price target of $220.25.

Cintas Stock Performance

Shares of NASDAQ CTAS opened at $198.34 on Thursday. Cintas Corporation has a 12-month low of $180.39 and a 12-month high of $229.24. The company has a market cap of $79.31 billion, a PE ratio of 57.83, a P/E/G ratio of 3.54 and a beta of 0.95. The stock has a 50 day simple moving average of $194.87 and a 200-day simple moving average of $193.60. The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54.

Cintas (NASDAQ:CTAS) last posted its 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 firm had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.77 billion. Cintas had a return on equity of 41.07% and a net margin of 17.58%.The firm’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. On average, equities research analysts forecast that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Dividend Announcement

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

About Cintas

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.