Childress Capital Advisors LLC Raises Stock Holdings in Cintas Corporation $CTAS

Childress Capital Advisors LLC lifted its holdings in shares of Cintas Corporation (NASDAQ:CTAS) by 17.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,335 shares of the business services provider’s stock after purchasing an additional 199 shares during the quarter. Childress Capital Advisors LLC’s holdings in Cintas were worth $297,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Crestwood Advisors Group LLC bought a new position in shares of Cintas in the first quarter worth approximately $270,000. Pinnacle Financial Partners Inc grew its holdings in shares of Cintas by 3.8% in the first quarter. Pinnacle Financial Partners Inc now owns 60,099 shares of the business services provider’s stock worth $12,327,000 after purchasing an additional 2,191 shares during the last quarter. China Universal Asset Management Co. Ltd. grew its holdings in shares of Cintas by 51.9% in the first quarter. China Universal Asset Management Co. Ltd. now owns 9,967 shares of the business services provider’s stock worth $2,049,000 after purchasing an additional 3,404 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Cintas by 25.5% in the first quarter. BNP Paribas Financial Markets now owns 791,197 shares of the business services provider’s stock worth $162,615,000 after purchasing an additional 160,820 shares during the last quarter. Finally, Fifth Third Bancorp grew its holdings in shares of Cintas by 1.0% in the first quarter. Fifth Third Bancorp now owns 605,222 shares of the business services provider’s stock worth $124,391,000 after purchasing an additional 5,784 shares during the last quarter. 63.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CTAS shares. Citigroup raised their target price on shares of Cintas from $172.00 to $176.00 and gave the stock a “sell” rating in a report on Friday, September 26th. Robert W. Baird raised 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. The Goldman Sachs Group raised their price target on Cintas from $233.00 to $257.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. UBS Group raised their price target on Cintas from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Finally, Morgan Stanley raised their price target on Cintas from $213.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Cintas has an average rating of “Hold” and a consensus target price of $222.09.

Insiders Place Their Bets

In other Cintas news, Director Ronald W. Tysoe sold 5,084 shares of the firm’s stock in a transaction dated 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Martin Mucci purchased 1,200 shares of the business’s stock in a transaction dated Monday, July 21st. The shares were acquired at an average cost of $222.55 per share, for a total transaction of $267,060.00. Following the acquisition, the director owned 2,621 shares of the company’s stock, valued at approximately $583,303.55. The trade was a 84.45% increase in their position. The disclosure for this purchase can be found here. 14.90% of the stock is currently owned by corporate insiders.

Cintas Stock Down 0.8%

Shares of Cintas stock opened at $203.64 on Thursday. The business has a 50-day moving average of $211.82 and a 200-day moving average of $212.87. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.24 and a quick ratio of 1.94. The company has a market capitalization of $82.06 billion, a PE ratio of 46.18, a P/E/G ratio of 3.54 and a beta of 1.01. Cintas Corporation has a 1-year low of $180.78 and a 1-year high of $229.24.

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

Cintas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 15th were issued a $0.45 dividend. This is an increase from Cintas’s previous quarterly dividend of $0.39. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, August 15th. Cintas’s dividend payout ratio is 39.91%.

About Cintas

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.