123,000 Shares in Cintas Corporation $CTAS Bought by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC purchased a new position in shares of Cintas Corporation (NASDAQ:CTAS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 123,000 shares of the business services provider’s stock, valued at approximately $25,247,000.

Other large investors have also added to or reduced their stakes in the company. Alpine Bank Wealth Management raised its stake in shares of Cintas by 1,092.9% in the third quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider’s stock worth $34,000 after purchasing an additional 153 shares during the last quarter. WPG Advisers LLC boosted its position in Cintas by 90.0% in the third quarter. WPG Advisers LLC now owns 171 shares of the business services provider’s stock valued at $35,000 after buying an additional 81 shares during the last quarter. Salomon & Ludwin LLC boosted its position in Cintas by 84.0% in the third quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider’s stock valued at $37,000 after buying an additional 84 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in Cintas in the 2nd quarter worth approximately $45,000. Finally, Caitlin John LLC acquired a new position in Cintas in the 3rd quarter worth approximately $49,000. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Cintas Price Performance

Shares of NASDAQ CTAS opened at $194.28 on Friday. The stock has a market capitalization of $77.69 billion, a price-to-earnings ratio of 56.64, a PEG ratio of 3.50 and a beta of 0.95. Cintas Corporation has a 12 month low of $180.39 and a 12 month high of $229.24. The firm’s 50 day simple moving average is $195.16 and its 200-day simple moving average is $193.34. 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 (NASDAQ:CTAS) last posted its earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share 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 during the quarter, compared to analyst estimates of $2.77 billion. During the same period in the previous year, the firm earned $1.09 EPS. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Analysts expect that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were given a $0.45 dividend. The ex-dividend date was Friday, February 13th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.9%. Cintas’s dividend payout ratio is 52.48%.

Analyst Ratings Changes

Several brokerages have commented on CTAS. Weiss Ratings restated a “hold (c+)” rating on shares of Cintas in a research note on Monday, December 29th. UBS Group reiterated a “buy” rating on shares of Cintas in a research note on Thursday. Bank of America initiated coverage on shares of Cintas in a report on Tuesday, February 17th. They set a “neutral” rating and a $215.00 target price for the company. Robert W. Baird upgraded shares of Cintas from a “neutral” rating to an “outperform” rating and set a $250.00 target price for the company in a research report on Wednesday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $206.00 price target on shares of Cintas in a report on Friday, December 19th. One research 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 issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $220.25.

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.