Kepler Cheuvreux Suisse SA Invests $3.14 Million in Cintas Corporation $CTAS

Kepler Cheuvreux Suisse SA purchased a new stake in shares of Cintas Corporation (NASDAQ:CTAS) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 15,288 shares of the business services provider’s stock, valued at approximately $3,138,000.

Several other institutional investors also recently modified their holdings of CTAS. Portside Wealth Group LLC raised its position in Cintas by 3.5% in the 2nd quarter. Portside Wealth Group LLC now owns 1,360 shares of the business services provider’s stock worth $303,000 after buying an additional 46 shares during the last quarter. Beacon Investment Advisors LLC lifted its stake in Cintas by 3.2% during the 2nd quarter. Beacon Investment Advisors LLC now owns 1,725 shares of the business services provider’s stock valued at $381,000 after acquiring an additional 53 shares during the period. CreativeOne Wealth LLC boosted its holdings in shares of Cintas by 0.3% during the 2nd quarter. CreativeOne Wealth LLC now owns 16,697 shares of the business services provider’s stock valued at $3,721,000 after acquiring an additional 54 shares during the last quarter. Woodward Diversified Capital LLC grew its stake in shares of Cintas by 4.7% in the third quarter. Woodward Diversified Capital LLC now owns 1,229 shares of the business services provider’s stock worth $252,000 after acquiring an additional 55 shares during the period. Finally, Continuum Advisory LLC grew its stake in shares of Cintas by 0.8% in the third quarter. Continuum Advisory LLC now owns 6,894 shares of the business services provider’s stock worth $1,415,000 after acquiring an additional 56 shares during the period. 63.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CTAS. Argus upgraded shares of Cintas to a “strong-buy” rating in a research report on Wednesday, January 21st. Morgan Stanley cut their target price on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $206.00 target price on shares of Cintas in a research note on Friday, December 19th. Robert W. Baird increased their price target on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Cintas in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Cintas has an average rating of “Hold” and a consensus target price of $218.17.

Cintas Price Performance

Shares of NASDAQ:CTAS opened at $196.28 on Wednesday. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $78.49 billion, a PE ratio of 57.22, a price-to-earnings-growth ratio of 3.62 and a beta of 0.95. The firm’s 50 day moving average price is $194.67 and its 200-day moving average price is $193.57. Cintas Corporation has a twelve month low of $180.39 and a twelve month high of $229.24.

Cintas (NASDAQ:CTAS) last announced its earnings results on Thursday, December 18th. The business services provider reported $1.21 earnings per share (EPS) 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 company 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 business posted $1.09 earnings per share. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Equities research analysts expect that Cintas Corporation will post 4.31 EPS for the current year.

Cintas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be given 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 payout ratio is presently 52.48%.

About Cintas

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.