Quantbot Technologies LP Lowers Stock Holdings in Cintas Corporation $CTAS

Quantbot Technologies LP lessened its position in Cintas Corporation (NASDAQ:CTAS) by 32.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,078 shares of the business services provider’s stock after selling 5,263 shares during the quarter. Quantbot Technologies LP’s holdings in Cintas were worth $2,274,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Cintas by 1.5% during the third quarter. Vanguard Group Inc. now owns 38,948,620 shares of the business services provider’s stock worth $7,994,594,000 after purchasing an additional 564,487 shares during the period. State Street Corp grew its holdings in shares of Cintas by 0.5% in the second quarter. State Street Corp now owns 15,118,190 shares of the business services provider’s stock valued at $3,369,391,000 after purchasing an additional 82,029 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Cintas by 3.5% in the second quarter. Geode Capital Management LLC now owns 9,192,013 shares of the business services provider’s stock valued at $2,049,017,000 after purchasing an additional 314,860 shares in the last quarter. Invesco Ltd. increased its stake in Cintas by 11.2% during the 2nd quarter. Invesco Ltd. now owns 4,911,366 shares of the business services provider’s stock worth $1,094,596,000 after buying an additional 495,486 shares during the period. Finally, Norges Bank acquired a new stake in Cintas during the 2nd quarter worth approximately $925,531,000. Institutional investors and hedge funds own 63.46% of the company’s stock.

Cintas Trading Down 0.0%

CTAS opened at $201.55 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.71. Cintas Corporation has a one year low of $180.39 and a one year high of $229.24. The company has a market cap of $80.60 billion, a P/E ratio of 58.76, a PEG ratio of 3.64 and a beta of 0.95. The business’s 50-day simple moving average is $193.48 and its 200-day simple moving average is $194.09.

Cintas (NASDAQ:CTAS) last posted its earnings results 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. The firm had revenue of $2.80 billion during 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 quarter in the previous year, the business earned $1.09 earnings per share. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, equities research analysts expect that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be given a $0.45 dividend. 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%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CTAS. Sanford C. Bernstein began coverage on Cintas in a research report on Wednesday, November 12th. They set a “market perform” rating and a $200.00 price objective on the stock. Morgan Stanley lowered their target price on Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Citigroup reaffirmed a “sell” rating and issued a $181.00 price target (up from $176.00) on shares of Cintas in a research report on Monday, December 22nd. Bank of America initiated coverage on Cintas in a research report on Tuesday, February 17th. They set a “neutral” rating and a $215.00 price objective for the company. Finally, UBS Group reaffirmed a “buy” rating on shares of Cintas in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Cintas has an average rating of “Hold” and an average price target of $218.17.

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.