19,942 Shares in Cintas Corporation $CTAS Bought by Machina Capital S.A.S.

Machina Capital S.A.S. bought a new position in Cintas Corporation (NASDAQ:CTAS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 19,942 shares of the business services provider’s stock, valued at approximately $4,093,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Alpha Financial Partners LLC grew its holdings in Cintas by 2.9% during the second quarter. Alpha Financial Partners LLC now owns 1,602 shares of the business services provider’s stock worth $357,000 after acquiring an additional 45 shares during the period. Portside Wealth Group LLC boosted its position in shares of Cintas by 3.5% during the 2nd quarter. Portside Wealth Group LLC now owns 1,360 shares of the business services provider’s stock worth $303,000 after purchasing an additional 46 shares in the last quarter. Elyxium Wealth LLC grew its stake in shares of Cintas by 3.8% during the 2nd quarter. Elyxium Wealth LLC now owns 1,322 shares of the business services provider’s stock worth $295,000 after purchasing an additional 48 shares during the period. PDS Planning Inc grew its position in Cintas by 2.0% during the second quarter. PDS Planning Inc now owns 2,508 shares of the business services provider’s stock worth $559,000 after buying an additional 49 shares during the period. Finally, Copperwynd Financial LLC increased its stake in Cintas by 4.0% in the 2nd quarter. Copperwynd Financial LLC now owns 1,306 shares of the business services provider’s stock valued at $291,000 after purchasing an additional 50 shares in the last quarter. 63.46% of the stock is currently owned by institutional investors and hedge funds.

Cintas Price Performance

Shares of Cintas stock opened at $190.73 on Wednesday. The stock has a market cap of $76.27 billion, a PE ratio of 55.61, a price-to-earnings-growth ratio of 3.27 and a beta of 0.95. Cintas Corporation has a 52 week low of $180.39 and a 52 week high of $229.24. 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 company’s 50-day moving average price is $189.21 and its two-hundred day moving average price is $197.65.

Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. The business had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.77 billion. Cintas had a return on equity of 41.07% and a net margin of 17.58%.Cintas’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the company posted $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, sell-side analysts anticipate that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas declared that its Board of Directors has approved a stock repurchase program on Tuesday, October 28th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the business services provider to purchase up to 1.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Cintas Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is 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 currently 52.48%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CTAS. UBS Group reaffirmed a “buy” rating on shares of Cintas in a research note on Friday, December 19th. Rothschild & Co Redburn raised shares of Cintas from a “sell” rating to a “neutral” rating and set a $184.00 price target on the stock in a research report on Tuesday, November 11th. Citigroup reiterated a “sell” rating and issued a $181.00 target price (up previously from $176.00) on shares of Cintas in a research note on Monday, December 22nd. 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. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Cintas in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Cintas currently has a consensus rating of “Hold” and an average price target of $214.86.

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.