Drucker Wealth 3.0 LLC Invests $222,000 in Cintas Corporation $CTAS

Drucker Wealth 3.0 LLC bought a new position in Cintas Corporation (NASDAQ:CTAS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,026 shares of the business services provider’s stock, valued at approximately $222,000.

A number of other large investors have also recently bought and sold shares of the business. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in Cintas by 3.9% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,256 shares of the business services provider’s stock worth $258,000 after acquiring an additional 47 shares during the last quarter. Oarsman Capital Inc. lifted its holdings in Cintas by 3.9% in the first quarter. Oarsman Capital Inc. now owns 1,321 shares of the business services provider’s stock worth $272,000 after acquiring an additional 49 shares during the last quarter. Independent Wealth Network Inc. lifted its holdings in Cintas by 4.8% in the second quarter. Independent Wealth Network Inc. now owns 1,077 shares of the business services provider’s stock worth $240,000 after acquiring an additional 49 shares during the last quarter. PDS Planning Inc lifted its holdings in Cintas by 2.0% in the second quarter. PDS Planning Inc now owns 2,508 shares of the business services provider’s stock worth $559,000 after acquiring an additional 49 shares during the last quarter. Finally, Truvestments Capital LLC lifted its holdings in Cintas by 17.4% in the first quarter. Truvestments Capital LLC now owns 338 shares of the business services provider’s stock worth $69,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 63.46% of the company’s stock.

Cintas Price Performance

NASDAQ CTAS opened at $187.96 on Friday. Cintas Corporation has a 12 month low of $180.78 and a 12 month high of $229.24. 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 firm has a market capitalization of $75.53 billion, a PE ratio of 42.62, a P/E/G ratio of 3.25 and a beta of 1.01. The company’s 50 day simple moving average is $208.33 and its 200 day simple moving average is $213.10.

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

Cintas Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 15th were paid a dividend of $0.45 per share. This is a boost from Cintas’s previous quarterly dividend of $0.39. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, August 15th. Cintas’s dividend payout ratio (DPR) is 40.82%.

Analysts Set New Price Targets

A number of brokerages have issued reports on CTAS. Robert W. Baird raised their target price on shares of Cintas from $227.00 to $230.00 and gave the stock a “neutral” rating in a report on Friday, July 18th. Royal Bank Of Canada dropped their price target on shares of Cintas from $240.00 to $206.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 25th. Morgan Stanley raised their price target on shares of Cintas from $213.00 to $220.00 and gave the company an “equal weight” rating in a research note on Friday, July 18th. The Goldman Sachs Group raised their price target on shares of Cintas from $233.00 to $257.00 and gave the company a “buy” rating in a research note on Wednesday, July 2nd. Finally, Wells Fargo & Company dropped their price target on shares of Cintas from $221.00 to $218.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $222.09.

Insider Activity at Cintas

In other Cintas news, Director Ronald W. Tysoe sold 5,084 shares of Cintas stock in a transaction that occurred on 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 in the company, valued at approximately $4,904,049.15. The trade was a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Todd M. Schneider sold 17,301 shares of Cintas stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $220.90, for a total transaction of $3,821,790.90. Following the completion of the transaction, the chief executive officer owned 622,712 shares in the company, valued at approximately $137,557,080.80. This trade represents a 2.70% decrease in their position. The disclosure for this sale can be found here. Company insiders own 14.90% of the company’s stock.

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.