First Trust Advisors LP Buys 10,249 Shares of Cintas Corporation $CTAS

Key Points

• First Trust Advisors LP increased its Cintas stake by 2.5%, buying 10,249 shares to hold 413,665 shares (about 0.10% of the company) valued at roughly $84.9 million.
• Cintas beat Q3 estimates, reporting $1.21 EPS (vs. $1.20 est.) and $2.80B revenue (vs. $2.77B est.), and issued FY2026 guidance of $4.810–$4.880 EPS compared with analysts' ~4.31 EPS forecast.
• Institutional and analyst picture: Institutions own 63.46% of Cintas (Vanguard holds ~38.95M shares), while analysts' consensus is a "Hold" with a $218.17 target amid mixed individual ratings.

First Trust Advisors LP increased its stake in shares of Cintas Corporation (NASDAQ:CTAS - Free Report) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 413,665 shares of the business services provider's stock after acquiring an additional 10,249 shares during the period. First Trust Advisors LP owned about 0.10% of Cintas worth $84,909,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Cintas in the second quarter valued at about $925,531,000. Vanguard Group Inc. grew its holdings in shares of Cintas by 1.5% during the third quarter. Vanguard Group Inc. now owns 38,948,620 shares of the business services provider's stock worth $7,994,594,000 after buying an additional 564,487 shares in the last quarter. Panagora Asset Management Inc. raised its position in Cintas by 264.9% in the 2nd quarter. Panagora Asset Management Inc. now owns 776,042 shares of the business services provider's stock valued at $172,956,000 after buying an additional 563,366 shares during the last quarter. Invesco Ltd. raised its position in Cintas by 11.2% in the 2nd quarter. Invesco Ltd. now owns 4,911,366 shares of the business services provider's stock valued at $1,094,596,000 after buying an additional 495,486 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Cintas by 246.2% in the 2nd quarter. Sei Investments Co. now owns 567,448 shares of the business services provider's stock valued at $126,466,000 after acquiring an additional 403,555 shares in the last quarter. 63.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on CTAS. Robert W. Baird upped their price target on Cintas from $220.00 to $225.00 and gave the stock a "neutral" rating in a research report on Friday, December 19th. UBS Group reiterated a "buy" rating on shares of Cintas in a report on Friday, December 19th. Citigroup reissued a "sell" rating and issued a $181.00 price objective (up from $176.00) on shares of Cintas in a research report on Monday, December 22nd. Argus upgraded shares of Cintas to a "strong-buy" rating in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $206.00 target price on shares of Cintas in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $218.17.

Cintas Stock Down 1.4%

CTAS stock opened at $200.77 on Tuesday. The company has a market cap of $80.29 billion, a price-to-earnings ratio of 58.53, a P/E/G ratio of 3.67 and a beta of 0.95. Cintas Corporation has a twelve month low of $180.39 and a twelve month high of $229.24. The business has a 50 day moving average price of $194.55 and a two-hundred day moving average price of $193.71. The company has a quick ratio of 1.49, a current ratio of 1.71 and a debt-to-equity ratio of 0.54.

Cintas (NASDAQ:CTAS - Get Free Report) last announced 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. The company had revenue of $2.80 billion for the quarter, compared to analysts' expectations of $2.77 billion. Cintas had a return on equity of 41.07% and a net margin of 17.58%.The business's revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. Analysts anticipate that Cintas Corporation will post 4.31 EPS for the current fiscal year.

Cintas Dividend Announcement

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

Cintas Company 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.

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