Cintas Corporation $CTAS Stock Position Decreased by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc trimmed its position in shares of Cintas Corporation (NASDAQ:CTAS) by 33.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,395 shares of the business services provider’s stock after selling 9,955 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Cintas were worth $3,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in CTAS. State Street Corp increased its holdings in Cintas by 1.4% in the fourth quarter. State Street Corp now owns 15,311,491 shares of the business services provider’s stock worth $2,879,632,000 after buying an additional 210,477 shares during the last quarter. Geode Capital Management LLC lifted its stake in Cintas by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 9,293,485 shares of the business services provider’s stock valued at $1,746,453,000 after acquiring an additional 97,220 shares during the last quarter. Norges Bank acquired a new stake in Cintas in the fourth quarter valued at approximately $923,672,000. Morgan Stanley grew its position in Cintas by 0.8% in the fourth quarter. Morgan Stanley now owns 4,393,116 shares of the business services provider’s stock worth $826,214,000 after acquiring an additional 36,666 shares in the last quarter. Finally, Nordea Investment Management AB grew its position in Cintas by 6.2% in the fourth quarter. Nordea Investment Management AB now owns 2,729,394 shares of the business services provider’s stock worth $517,466,000 after acquiring an additional 158,785 shares in the last quarter. Institutional investors own 63.46% of the company’s stock.

Insiders Place Their Bets

In other Cintas news, Director Ronald W. Tysoe sold 4,666 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $178.87, for a total transaction of $834,607.42. Following the completion of the sale, the director directly owned 22,448 shares in the company, valued at $4,015,273.76. This represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 14.90% of the stock is currently owned by corporate insiders.

Cintas Trading Up 4.4%

NASDAQ:CTAS opened at $192.37 on Thursday. The company’s 50 day moving average is $174.13 and its 200-day moving average is $182.60. The company has a quick ratio of 1.74, a current ratio of 1.98 and a debt-to-equity ratio of 0.51. Cintas Corporation has a 12 month low of $161.16 and a 12 month high of $226.75. The firm has a market cap of $76.97 billion, a price-to-earnings ratio of 54.34, a P/E/G ratio of 2.93 and a beta of 0.94.

Cintas (NASDAQ:CTAS) last posted its quarterly earnings data on Wednesday, July 15th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.05. Cintas had a net margin of 17.57% and a return on equity of 41.47%. The business had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same period in the prior year, the firm earned $1.09 EPS. Cintas’s quarterly revenue was up 8.9% compared to the same quarter last year. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. Equities analysts anticipate that Cintas Corporation will post 4.89 EPS for the current year.

Wall Street Analysts Forecast Growth

CTAS has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of Cintas from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Truist Financial decreased their price objective on shares of Cintas from $255.00 to $225.00 and set a “buy” rating for the company in a report on Monday, June 15th. Bank of America lowered their target price on shares of Cintas from $215.00 to $200.00 and set a “neutral” rating on the stock in a research report on Monday, June 29th. Stifel Nicolaus cut their target price on Cintas from $222.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, March 26th. Finally, Citigroup cut their target price on Cintas from $181.00 to $160.00 and set a “sell” rating on the stock in a report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $212.77.

Key Stories Impacting Cintas

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Cintas posted fiscal Q4 adjusted EPS of $1.29, above the $1.24 consensus, while revenue rose 8.9% year over year to $2.91 billion, also topping estimates. Cintas earnings report
• Positive Sentiment: Management highlighted record margins, including gross margin of 51.0% and improved operating margin, which suggests strong pricing power and efficient execution. TipRanks earnings call summary
• Positive Sentiment: The company issued fiscal 2027 guidance for revenue of $12.10 billion to $12.25 billion and adjusted EPS of $5.36 to $5.50, reinforcing confidence in continued growth. Press release
• Neutral Sentiment: Investors are also watching the pending UniFirst acquisition, which management said is still expected to close in the second half of calendar 2026; the guidance appears to exclude deal-related impacts. Benzinga article

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.