Samson Rock Capital LLP Takes $2 Million Position in Cintas Corporation $CTAS

Samson Rock Capital LLP purchased a new stake in Cintas Corporation (NASDAQ:CTAS) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,780 shares of the business services provider’s stock, valued at approximately $2,004,000. Cintas comprises 4.4% of Samson Rock Capital LLP’s holdings, making the stock its 4th biggest holding.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. One Capital Management LLC increased its position in Cintas by 0.9% in the 4th quarter. One Capital Management LLC now owns 6,160 shares of the business services provider’s stock valued at $1,159,000 after acquiring an additional 53 shares in the last quarter. Richardson Financial Services Inc. lifted its position in shares of Cintas by 1.1% during the fourth quarter. Richardson Financial Services Inc. now owns 5,058 shares of the business services provider’s stock worth $951,000 after purchasing an additional 54 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Cintas by 0.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 7,198 shares of the business services provider’s stock valued at $1,236,000 after purchasing an additional 58 shares during the last quarter. Sachetta LLC grew its stake in shares of Cintas by 46.0% during the first quarter. Sachetta LLC now owns 200 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 63 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its stake in shares of Cintas by 2.8% during the second quarter. Ausdal Financial Partners Inc. now owns 2,287 shares of the business services provider’s stock valued at $510,000 after purchasing an additional 63 shares during the last quarter. Institutional investors and hedge funds own 63.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CTAS. Wells Fargo & Company restated an “overweight” rating and issued a $250.00 price objective (up from $245.00) on shares of Cintas in a research report on Thursday, July 16th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $206.00 target price on shares of Cintas in a research note on Thursday, July 16th. The Goldman Sachs Group restated a “buy” rating and set a $231.00 target price on shares of Cintas in a research report on Wednesday, July 15th. Weiss Ratings raised Cintas from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 10th. Finally, Bank of America raised Cintas from a “neutral” rating to a “buy” rating and upped their price target for the company from $200.00 to $230.00 in a research note on Thursday, July 16th. One equities 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $212.31.

Cintas Price Performance

Shares of CTAS stock opened at $204.63 on Monday. Cintas Corporation has a 52-week low of $161.16 and a 52-week high of $226.75. The stock has a market cap of $81.89 billion, a PE ratio of 54.71, a PEG ratio of 3.30 and a beta of 0.91. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.27 and a current ratio of 1.43. The firm’s 50 day moving average price is $183.11 and its two-hundred day moving average price is $184.06.

Cintas (NASDAQ:CTAS) last released its earnings results on Wednesday, July 15th. The business services provider reported $1.29 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.05. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.87 billion. Cintas had a net margin of 17.75% and a return on equity of 42.05%. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.09 EPS. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. As a group, analysts forecast that Cintas Corporation will post 5.49 EPS for the current year.

Cintas Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be issued a $0.52 dividend. This is a boost from Cintas’s previous quarterly dividend of $0.45. This represents a $2.08 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, August 14th. Cintas’s dividend payout ratio is currently 48.13%.

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.