Aware Super Pty Ltd as trustee of Aware Super Invests $33.73 Million in Cintas Corporation $CTAS

Aware Super Pty Ltd as trustee of Aware Super bought a new position in Cintas Corporation (NASDAQ:CTAS) in the 1st quarter, Holdings Channel.com reports. The firm bought 199,438 shares of the business services provider’s stock, valued at approximately $33,733,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Nemes Rush Group LLC purchased a new stake in Cintas during the fourth quarter valued at about $25,000. First United Bank & Trust bought a new stake in Cintas during the first quarter worth about $25,000. Whipplewood Advisors LLC boosted its holdings in shares of Cintas by 1,712.5% in the 1st quarter. Whipplewood Advisors LLC now owns 145 shares of the business services provider’s stock worth $25,000 after purchasing an additional 137 shares in the last quarter. Swiss RE Ltd. purchased a new position in shares of Cintas in the 4th quarter worth about $25,000. Finally, Camelot Portfolios LLC bought a new position in shares of Cintas during the 4th quarter valued at about $26,000. Institutional investors own 63.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CTAS. Robert W. Baird raised their price objective on Cintas from $200.00 to $214.00 and gave the company an “outperform” rating in a report on Thursday. Truist Financial cut their target price on Cintas from $255.00 to $225.00 and set a “buy” rating for the company in a research note on Monday, June 15th. The Goldman Sachs Group reiterated a “buy” rating and set a $231.00 price target on shares of Cintas in a research report on Wednesday. Royal Bank Of Canada reiterated a “sector perform” rating and set a $206.00 price target on shares of Cintas in a research report on Thursday. Finally, Stifel Nicolaus lowered their price objective on shares of Cintas from $222.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Cintas currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.31.

Key Headlines Impacting Cintas

Here are the key news stories impacting Cintas this week:

• Positive Sentiment: Cintas reported better-than-expected Q4 results, with adjusted EPS of $1.29 and revenue of $2.91 billion, both above Wall Street estimates. The company also posted 8.9% revenue growth and record margins, reinforcing the bullish reaction. Cintas earnings report
• Positive Sentiment: Bank of America upgraded Cintas to Buy from Neutral and lifted its price target to $230 from $200, citing improving labor market conditions, growth in adjacent product categories, and margin expansion from supply-chain and distribution initiatives. Bank of America upgrade article
• Positive Sentiment: Robert W. Baird also raised its price target to $214 and kept an Outperform rating, while other analysts increased forecasts after the earnings beat, adding to momentum around the stock. Analyst forecast increases
• Positive Sentiment: Management’s fiscal 2027 guidance called for revenue of $12.10 billion to $12.25 billion and EPS of $5.36 to $5.50, signaling confidence in continued growth even as the company works through the pending UniFirst acquisition. Cintas earnings release
• Neutral Sentiment: Royal Bank of Canada reaffirmed a Sector Perform rating with a $206 target, essentially in line with the recent trading level, suggesting some analysts see the current valuation as more balanced. RBC rating note
• Neutral Sentiment: One article questioned whether Cintas is fully valued after its strong five-year run, reflecting growing debate about how much upside is already priced in. Valuation article

Cintas Price Performance

Shares of Cintas stock opened at $206.25 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.43 and a quick ratio of 1.74. Cintas Corporation has a one year low of $161.16 and a one year high of $226.75. The business’s 50 day simple moving average is $174.85 and its two-hundred day simple moving average is $182.71. The stock has a market capitalization of $82.52 billion, a P/E ratio of 58.26, a price-to-earnings-growth ratio of 3.05 and a beta of 0.94.

Cintas (NASDAQ:CTAS) last released its quarterly earnings data on Wednesday, July 15th. The business services provider reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.05. Cintas had a return on equity of 42.05% and a net margin of 17.75%.The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the prior year, the firm posted $1.09 earnings per share. The business’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. Analysts forecast that Cintas Corporation will post 5.44 EPS for the current year.

Insiders Place Their Bets

In other Cintas news, Director Ronald W. Tysoe sold 4,666 shares of the stock in a transaction on 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 owned 22,448 shares of the company’s stock, valued at $4,015,273.76. This represents a 17.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 14.90% of the stock is owned by insiders.

Cintas Profile

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.