2,850 Shares in Cintas Corporation $CTAS Bought by Petra Financial Advisors Inc.

Petra Financial Advisors Inc. purchased a new position in shares of Cintas Corporation (NASDAQ:CTAS) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,850 shares of the business services provider’s stock, valued at approximately $635,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. WPG Advisers LLC acquired a new position in Cintas in the first quarter valued at approximately $27,000. Saudi Central Bank acquired a new position in Cintas during the first quarter worth $29,000. Stone House Investment Management LLC acquired a new position in shares of Cintas in the first quarter worth $41,000. Resources Management Corp CT ADV acquired a new position in Cintas in the 1st quarter valued at about $41,000. Finally, Washington Trust Advisors Inc. acquired a new position in shares of Cintas in the first quarter valued at approximately $46,000. Institutional investors and hedge funds own 63.46% of the company’s stock.

Insider Activity at Cintas

In other news, Director Ronald W. Tysoe sold 5,084 shares of Cintas stock in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $223.47, for a total value of $1,136,121.48. Following the transaction, the director owned 21,945 shares of the company’s stock, valued at $4,904,049.15. This trade represents a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 14.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on CTAS shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Cintas in a research note on Wednesday, October 8th. Royal Bank Of Canada lowered their price objective on shares of Cintas from $240.00 to $206.00 and set a “sector perform” rating for the company in a research report on Thursday, September 25th. Robert W. Baird lifted their price target on Cintas from $227.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, July 18th. JPMorgan Chase & Co. decreased their price objective on shares of Cintas from $246.00 to $230.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Finally, UBS Group lifted their target price on Cintas from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $222.09.

Cintas Price Performance

CTAS opened at $188.68 on Tuesday. The stock has a fifty day moving average of $201.21 and a 200-day moving average of $212.38. The company has a quick ratio of 1.94, a current ratio of 2.24 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $75.82 billion, a P/E ratio of 42.78, a PEG ratio of 3.30 and a beta of 1.01. Cintas Corporation has a 12-month low of $180.78 and a 12-month high of $229.24.

Cintas (NASDAQ:CTAS) last released its earnings results on Wednesday, September 24th. The business services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.01. Cintas had a net margin of 17.54% and a return on equity of 40.41%. The company had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the prior year, the firm earned $1.10 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS. Equities analysts forecast that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.