Pitcairn Co. Sells 6,370 Shares of Cintas Corporation $CTAS

Key Points

• Pitcairn Co. reduced its stake in Cintas by 25.8%, selling 6,370 shares and leaving it with 18,366 shares worth about $3.77 million, per its SEC filing.
• Cintas beat quarter estimates with EPS of $1.21 (vs. $1.20) and revenue of $2.80 billion (vs. $2.77 billion), set FY2026 guidance of $4.810–$4.880 EPS, and its stock trades around $204.53 with a market cap near $81.8 billion.
• The company declared a quarterly dividend of $0.45 (annualized $1.80, yield ~0.9%) payable March 13 with record/ex-dividend date Feb 13, while analysts’ consensus rating is “Hold” with an average price target of $218.17.

Pitcairn Co. lessened its holdings in Cintas Corporation (NASDAQ:CTAS - Free Report) by 25.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,366 shares of the business services provider's stock after selling 6,370 shares during the quarter. Pitcairn Co.'s holdings in Cintas were worth $3,770,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of CTAS. Portside Wealth Group LLC grew its holdings in shares of Cintas by 3.5% in the second quarter. Portside Wealth Group LLC now owns 1,360 shares of the business services provider's stock worth $303,000 after purchasing an additional 46 shares during the last quarter. Beacon Investment Advisors LLC boosted its position in Cintas by 3.2% in the 2nd quarter. Beacon Investment Advisors LLC now owns 1,725 shares of the business services provider's stock valued at $381,000 after buying an additional 53 shares during the period. CreativeOne Wealth LLC grew its stake in Cintas by 0.3% in the 2nd quarter. CreativeOne Wealth LLC now owns 16,697 shares of the business services provider's stock worth $3,721,000 after acquiring an additional 54 shares in the last quarter. Woodward Diversified Capital LLC increased its position in shares of Cintas by 4.7% during the third quarter. Woodward Diversified Capital LLC now owns 1,229 shares of the business services provider's stock worth $252,000 after acquiring an additional 55 shares during the period. Finally, Continuum Advisory LLC increased its position in shares of Cintas by 0.8% during the third quarter. Continuum Advisory LLC now owns 6,894 shares of the business services provider's stock worth $1,415,000 after acquiring an additional 56 shares during the period. Hedge funds and other institutional investors own 63.46% of the company's stock.

Cintas Trading Up 2.2%

Shares of NASDAQ:CTAS opened at $204.53 on Friday. The company has a market capitalization of $81.79 billion, a PE ratio of 59.63, a P/E/G ratio of 3.61 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 12-month low of $180.39 and a 12-month high of $229.24. The business's fifty day simple moving average is $194.10 and its 200-day simple moving average is $194.20.

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

Cintas Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages recently issued reports on CTAS. Rothschild & Co Redburn set a $184.00 price target on Cintas in a report on Tuesday, November 11th. UBS Group reiterated a "buy" rating on shares of Cintas in a report on Friday, December 19th. Argus raised Cintas to a "strong-buy" rating in a research report on Wednesday, January 21st. Citigroup restated a "sell" rating and issued a $181.00 price objective (up from $176.00) on shares of Cintas in a report on Monday, December 22nd. Finally, Robert W. Baird increased their target price on shares of Cintas from $220.00 to $225.00 and gave the stock a "neutral" rating in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $218.17.

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.

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