Earned Wealth Advisors LLC Buys Shares of 6,336 Cintas Corporation $CTAS

Earned Wealth Advisors LLC bought a new position in Cintas Corporation (NASDAQ:CTASFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,336 shares of the business services provider’s stock, valued at approximately $1,072,000.

Several other hedge funds have also recently modified their holdings of CTAS. One Capital Management LLC lifted its holdings in shares of Cintas by 0.9% during the fourth quarter. One Capital Management LLC now owns 6,160 shares of the business services provider’s stock valued at $1,159,000 after purchasing an additional 53 shares in the last quarter. Richardson Financial Services Inc. raised its position in Cintas by 1.1% in the 4th quarter. Richardson Financial Services Inc. now owns 5,058 shares of the business services provider’s stock worth $951,000 after buying an additional 54 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in Cintas by 0.8% during the 1st 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 acquiring an additional 58 shares during the period. Woodward Diversified Capital LLC lifted its stake in Cintas by 4.8% during the 4th quarter. Woodward Diversified Capital LLC now owns 1,288 shares of the business services provider’s stock valued at $242,000 after acquiring an additional 59 shares during the period. Finally, Mather Group LLC. boosted its holdings in shares of Cintas by 1.4% during the 4th quarter. Mather Group LLC. now owns 4,381 shares of the business services provider’s stock valued at $824,000 after acquiring an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Robert W. Baird lifted their price target on shares of Cintas from $200.00 to $214.00 and gave the stock an “outperform” rating in a research note on Thursday. The Goldman Sachs Group restated a “buy” rating and set a $231.00 price objective on shares of Cintas in a research report on Wednesday. Citigroup dropped their target price on shares of Cintas from $181.00 to $160.00 and set a “sell” rating on the stock in a report on Tuesday, March 31st. Argus raised shares of Cintas to a “strong-buy” rating in a research report on Friday. Finally, Truist Financial cut their target price on shares of Cintas from $255.00 to $225.00 and set a “buy” rating for the company in a research report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Cintas presently has an average rating of “Moderate Buy” and a consensus target price of $212.31.

View Our Latest Report on Cintas

Cintas Price Performance

NASDAQ CTAS opened at $204.45 on Monday. Cintas Corporation has a 12 month low of $161.16 and a 12 month high of $226.75. The stock has a market cap of $81.80 billion, a price-to-earnings ratio of 57.75, a PEG ratio of 3.12 and a beta of 0.94. The company’s 50 day moving average is $175.60 and its two-hundred day moving average is $182.80. The company has a current ratio of 1.43, a quick ratio of 1.27 and a debt-to-equity ratio of 0.28.

Cintas (NASDAQ:CTASGet Free Report) last issued its quarterly earnings results on Wednesday, July 15th. The business services provider reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.05. The business had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.87 billion. Cintas had a net margin of 17.75% and a return on equity of 42.05%. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.09 earnings per share. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. As a group, research analysts anticipate that Cintas Corporation will post 5.48 earnings per share for the current year.

Key Headlines Impacting Cintas

Here are the key news stories impacting Cintas this week:

Cintas Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Cintas (NASDAQ:CTAS)

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