Cintas Corporation $CTAS Stock Position Raised by Ameriprise Financial Inc.

Key Points

• Ameriprise Financial modestly raised its stake in Cintas by 0.5%, owning 2,559,852 shares (about 0.64% of the company) after adding 12,841 shares, a position valued at roughly $524.5 million.
• Cintas beat expectations last quarter with EPS of $1.21 (vs. $1.20 est.) and $2.80 billion in revenue, and it set FY2026 guidance of $4.810–4.880 EPS while reporting a 17.6% net margin and 41.1% ROE.
• The stock trades with a market cap of $77.7 billion and a P/E of 56.64, pays a quarterly dividend of $0.45 (1.8 annualized, yield ~0.9%), and carries a consensus analyst rating of Moderate Buy with an average price target of $220.25.

Ameriprise Financial Inc. grew its position in shares of Cintas Corporation (NASDAQ:CTAS - Free Report) by 0.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,559,852 shares of the business services provider's stock after buying an additional 12,841 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.64% of Cintas worth $524,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Alpine Bank Wealth Management increased its stake in shares of Cintas by 1,092.9% during the 3rd quarter. Alpine Bank Wealth Management now owns 167 shares of the business services provider's stock worth $34,000 after purchasing an additional 153 shares during the last quarter. WPG Advisers LLC boosted its holdings in Cintas by 90.0% in the third quarter. WPG Advisers LLC now owns 171 shares of the business services provider's stock worth $35,000 after purchasing an additional 81 shares in the last quarter. Salomon & Ludwin LLC increased its position in Cintas by 84.0% during the third quarter. Salomon & Ludwin LLC now owns 184 shares of the business services provider's stock worth $37,000 after buying an additional 84 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in Cintas during the second quarter worth $45,000. Finally, Caitlin John LLC bought a new position in Cintas during the third quarter valued at about $49,000. Institutional investors own 63.46% of the company's stock.

Cintas Stock Up 0.5%

CTAS opened at $194.28 on Monday. The business has a 50 day moving average of $195.16 and a 200-day moving average of $193.20. The stock has a market capitalization of $77.69 billion, a price-to-earnings ratio of 56.64, a P/E/G ratio of 3.50 and a beta of 0.95. The company has a current ratio of 1.71, a quick ratio of 1.49 and a debt-to-equity ratio of 0.54. Cintas Corporation has a 1-year low of $180.39 and a 1-year high of $229.24.

Cintas (NASDAQ:CTAS - Get Free Report) last announced its earnings results 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. The business had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.77 billion. Cintas had a net margin of 17.58% and a return on equity of 41.07%. Cintas's revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.09 earnings per share. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. As a group, sell-side analysts anticipate that Cintas Corporation will post 4.31 earnings per share for the current year.

Cintas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 13th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.80 annualized dividend and a yield of 0.9%. Cintas's dividend payout ratio is 52.48%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Argus upgraded Cintas to a "strong-buy" rating in a research note on Wednesday, January 21st. Bank of America began coverage on Cintas in a research note on Tuesday, February 17th. They issued a "neutral" rating and a $215.00 price objective on the stock. Weiss Ratings restated a "hold (c+)" rating on shares of Cintas in a report on Monday, December 29th. UBS Group reaffirmed a "buy" rating on shares of Cintas in a research report on Thursday. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $206.00 price objective on shares of Cintas in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Cintas presently has a consensus rating of "Moderate Buy" and an average price target of $220.25.

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.

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