Wealthfront Advisers LLC Has $9.27 Million Stock Position in Cintas Corporation $CTAS

Wealthfront Advisers LLC increased its stake in shares of Cintas Corporation (NASDAQ:CTAS) by 17.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,777 shares of the business services provider’s stock after acquiring an additional 8,331 shares during the period. Wealthfront Advisers LLC’s holdings in Cintas were worth $9,265,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Twin Capital Management Inc. grew its stake in Cintas by 18.3% in the first quarter. Twin Capital Management Inc. now owns 9,819 shares of the business services provider’s stock valued at $1,661,000 after purchasing an additional 1,522 shares in the last quarter. Journey Advisory Group LLC increased its position in shares of Cintas by 6.1% during the 1st quarter. Journey Advisory Group LLC now owns 38,317 shares of the business services provider’s stock worth $6,481,000 after purchasing an additional 2,217 shares during the last quarter. Advisors Preferred LLC increased its position in shares of Cintas by 91.4% during the 1st quarter. Advisors Preferred LLC now owns 2,917 shares of the business services provider’s stock worth $493,000 after purchasing an additional 1,393 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of Cintas by 3.4% during the 1st quarter. Sanctuary Advisors LLC now owns 63,577 shares of the business services provider’s stock worth $10,753,000 after purchasing an additional 2,120 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its stake in shares of Cintas by 5.0% during the 1st quarter. Checchi Capital Advisers LLC now owns 6,014 shares of the business services provider’s stock worth $1,017,000 after purchasing an additional 286 shares in the last quarter. 63.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Truist Financial decreased their target price on shares of Cintas from $255.00 to $225.00 and set a “buy” rating for the company in a research note on Monday, June 15th. Weiss Ratings upgraded shares of Cintas from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. UBS Group reaffirmed a “buy” rating and set a $230.00 price target (up from $228.00) on shares of Cintas in a research report on Thursday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $206.00 price target on shares of Cintas in a research note on Thursday. Finally, Stifel Nicolaus decreased their price objective on shares of Cintas from $222.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $212.31.

Key Cintas News

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Bank of America upgraded Cintas to Buy from Neutral and raised its price target to $230, saying the company’s earnings setup looks stronger over the next several quarters thanks to improving labor conditions, growth in adjacent products, and margin expansion. Cintas upgraded by Bank of America after earnings beat and stronger outlook
• Positive Sentiment: Robert W. Baird raised its price target to $214 and kept an Outperform rating, while other analysts also lifted estimates after Cintas beat revenue and EPS expectations. These Analysts Increase Their Forecasts On Cintas Following Upbeat Q4 Earnings
• Positive Sentiment: Cintas posted a beat-and-raise quarter, with revenue of $2.91 billion and adjusted EPS of $1.29, plus stronger fiscal 2027 guidance, which has supported investor confidence and renewed buying interest. Cintas Keeps Beating Expectations—And the Story Isn’t Over
• Neutral Sentiment: Some coverage argues the stock may now be reasonably valued after its sharp five-year advance, suggesting upside may depend more on continued earnings execution than multiple expansion. Cintas (CTAS) Stock Looks Reasonable After Its 106% Five Year Run
• Negative Sentiment: Royal Bank of Canada only reaffirmed a Sector Perform rating with a $206 target, implying more limited upside than the most bullish calls and signaling that not all analysts are fully convinced the stock can rerate much higher from here. Benzinga coverage of RBC rating

Insiders Place Their Bets

In other Cintas news, Director Ronald W. Tysoe sold 4,666 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $178.87, for a total transaction of $834,607.42. Following the completion of the sale, the director owned 22,448 shares of the company’s stock, valued at $4,015,273.76. This trade represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 14.90% of the company’s stock.

Cintas Price Performance

NASDAQ:CTAS opened at $204.45 on Friday. The company has a quick ratio of 1.74, a current ratio of 1.43 and a debt-to-equity ratio of 0.28. The stock’s 50 day moving average price is $175.60 and its two-hundred day moving average price is $182.86. The firm has a market capitalization of $81.80 billion, a price-to-earnings ratio of 57.75, a P/E/G ratio of 3.25 and a beta of 0.94. Cintas Corporation has a 12-month low of $161.16 and a 12-month high of $226.75.

Cintas (NASDAQ:CTAS) last released its quarterly earnings data on Wednesday, July 15th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.05. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The company had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.87 billion. During the same period last year, the firm posted $1.09 earnings per share. The business’s revenue was up 8.9% on a year-over-year basis. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. On average, analysts anticipate that Cintas Corporation will post 5.46 earnings per share for the current year.

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.