Western Financial Corp CA Acquires 3,719 Shares of Cintas Corporation $CTAS

Western Financial Corp CA lifted its holdings in shares of Cintas Corporation (NASDAQ:CTAS) by 27.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,071 shares of the business services provider’s stock after purchasing an additional 3,719 shares during the quarter. Cintas accounts for about 1.5% of Western Financial Corp CA’s portfolio, making the stock its 11th biggest position. Western Financial Corp CA’s holdings in Cintas were worth $3,504,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Barnes Dennig Private Wealth Management LLC raised its holdings in Cintas by 800.0% during the 2nd quarter. Barnes Dennig Private Wealth Management LLC now owns 144 shares of the business services provider’s stock worth $32,000 after buying an additional 128 shares during the period. Golden State Wealth Management LLC boosted its holdings in shares of Cintas by 3,925.0% in the second quarter. Golden State Wealth Management LLC now owns 161 shares of the business services provider’s stock valued at $36,000 after buying an additional 157 shares during the period. Addison Advisors LLC increased its position in shares of Cintas by 57.0% during the second quarter. Addison Advisors LLC now owns 168 shares of the business services provider’s stock worth $37,000 after acquiring an additional 61 shares in the last quarter. Salomon & Ludwin LLC raised its holdings in shares of Cintas by 84.0% during 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 period. Finally, Resources Management Corp CT ADV bought a new stake in Cintas in the 1st quarter valued at $41,000. Institutional investors own 63.46% of the company’s stock.

Analysts Set New Price Targets

CTAS has been the topic of several recent research reports. Rothschild & Co Redburn raised Cintas from a “sell” rating to a “neutral” rating and set a $184.00 price target on the stock in a research note on Tuesday, November 11th. 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. Royal Bank Of Canada restated a “sector perform” rating and issued a $206.00 target price on shares of Cintas in a research note on Friday, December 19th. Sanford C. Bernstein assumed coverage on Cintas in a research report on Wednesday, November 12th. They set a “market perform” rating and a $200.00 price target for the company. Finally, Morgan Stanley lowered their price objective on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $212.00.

Cintas Stock Performance

NASDAQ CTAS opened at $184.88 on Friday. The firm has a market capitalization of $74.30 billion, a P/E ratio of 53.90, a price-to-earnings-growth ratio of 3.17 and a beta of 0.97. 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 firm’s fifty day moving average price is $186.15 and its two-hundred day moving average price is $201.95. Cintas Corporation has a 1 year low of $180.39 and a 1 year high of $229.24.

Cintas (NASDAQ:CTAS) last released its quarterly earnings data on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, topping 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 company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. During the same period in the previous year, the business earned $1.09 EPS. Cintas’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. As a group, research analysts anticipate that Cintas Corporation will post 4.31 EPS for the current 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, November 14th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, November 14th. Cintas’s dividend payout ratio (DPR) is presently 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.