Vanguard Personalized Indexing Management LLC Sells 3,415 Shares of Cintas Corporation $CTAS

Vanguard Personalized Indexing Management LLC trimmed its position in shares of Cintas Corporation (NASDAQ:CTAS) by 5.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,405 shares of the business services provider’s stock after selling 3,415 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Cintas were worth $13,222,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CTAS. Brighton Jones LLC boosted its stake in Cintas by 9.3% in the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock worth $232,000 after purchasing an additional 108 shares during the period. Sivia Capital Partners LLC grew its stake in Cintas by 42.3% during the second quarter. Sivia Capital Partners LLC now owns 1,441 shares of the business services provider’s stock valued at $321,000 after acquiring an additional 428 shares in the last quarter. Patton Fund Management Inc. purchased a new position in Cintas during the second quarter valued at $235,000. Sonora Investment Management Group LLC lifted its stake in Cintas by 4.8% in the 2nd quarter. Sonora Investment Management Group LLC now owns 2,184 shares of the business services provider’s stock worth $487,000 after purchasing an additional 100 shares in the last quarter. Finally, Tritonpoint Wealth LLC lifted its stake in Cintas by 4.8% in the 2nd quarter. Tritonpoint Wealth LLC now owns 2,337 shares of the business services provider’s stock worth $521,000 after purchasing an additional 108 shares in the last quarter. 63.46% of the stock is currently owned by hedge funds and other institutional investors.

Cintas Stock Performance

Shares of NASDAQ:CTAS opened at $193.89 on Tuesday. The firm has a 50 day moving average of $188.39 and a 200 day moving average of $198.78. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $77.53 billion, a price-to-earnings ratio of 56.53, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. Cintas Corporation has a 52 week low of $180.39 and a 52 week high of $229.24.

Cintas (NASDAQ:CTAS) last issued its quarterly earnings data on Thursday, December 18th. The business services provider reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.01. Cintas had a net margin of 17.58% and a return on equity of 41.07%. The firm had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter in the previous year, the firm earned $1.09 EPS. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. On average, sell-side analysts predict that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas declared that its board has initiated a share repurchase plan on Tuesday, October 28th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the business services provider to repurchase up to 1.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Cintas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, February 13th. Cintas’s dividend payout ratio is 52.48%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CTAS shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Cintas in a report on Monday, December 29th. Robert W. Baird raised their price target on shares of Cintas from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Morgan Stanley lowered their price objective on shares of Cintas from $220.00 to $210.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 17th. Sanford C. Bernstein initiated coverage on shares of Cintas in a research report on Wednesday, November 12th. They set a “market perform” rating and a $200.00 target price on the stock. Finally, Redburn Partners set a $184.00 price target on Cintas in a report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $214.86.

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.