U.S. Capital Wealth Advisors LLC Cuts Position in Cintas Corporation $CTAS

Key Points

• U.S. Capital Wealth Advisors LLC significantly reduced its stake in Cintas Corporation by 93.2%, holding 1,338 shares worth approximately $298,000 after selling 18,397 shares in the second quarter.
• Cintas reported a quarterly earnings per share of $1.20, exceeding analyst expectations and showing an 8.7% year-over-year revenue increase to $2.72 billion.
• The company announced a quarterly dividend increase to $0.45 per share, reflecting a yield of 0.9%, up from the previous quarterly dividend of $0.39.

U.S. Capital Wealth Advisors LLC trimmed its position in Cintas Corporation (NASDAQ:CTAS - Free Report) by 93.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,338 shares of the business services provider's stock after selling 18,397 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Cintas were worth $298,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. WPG Advisers LLC purchased a new position in shares of Cintas in the 1st quarter worth about $27,000. Saudi Central Bank purchased a new position in shares of Cintas in the 1st quarter worth about $29,000. Stone House Investment Management LLC acquired a new stake in shares of Cintas in the first quarter valued at about $41,000. Resources Management Corp CT ADV acquired a new stake in shares of Cintas in the first quarter valued at about $41,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Cintas by 646.4% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 209 shares of the business services provider's stock valued at $43,000 after buying an additional 181 shares in the last quarter. 63.46% of the stock is currently owned by hedge funds and other institutional investors.

Cintas Price Performance

Shares of NASDAQ CTAS opened at $204.24 on Friday. Cintas Corporation has a fifty-two week low of $180.78 and a fifty-two week high of $229.24. The business has a 50 day moving average price of $212.81 and a two-hundred day moving average price of $212.62. The company has a quick ratio of 1.82, a current ratio of 2.24 and a debt-to-equity ratio of 0.51. The firm has a market cap of $82.30 billion, a PE ratio of 45.29, a price-to-earnings-growth ratio of 3.49 and a beta of 1.01.

Cintas (NASDAQ:CTAS - Get Free Report) last issued its quarterly earnings data on Wednesday, September 24th. The business services provider reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.01. Cintas had a return on equity of 40.41% and a net margin of 17.54%.The firm had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the firm earned $1.10 EPS. Cintas's quarterly revenue was up 8.7% on a year-over-year basis. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS. Sell-side analysts expect that Cintas Corporation will post 4.31 earnings per share for the current fiscal year.

Cintas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 15th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.9%. This is a boost from Cintas's previous quarterly dividend of $0.39. Cintas's dividend payout ratio (DPR) is 39.91%.

Insiders Place Their Bets

In other news, Director Martin Mucci bought 1,200 shares of Cintas stock in a transaction on Monday, July 21st. The shares were bought at an average price of $222.55 per share, with a total value of $267,060.00. Following the acquisition, the director directly owned 2,621 shares in the company, valued at approximately $583,303.55. This represents a 84.45% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ronald W. Tysoe sold 5,084 shares of the stock in a transaction that occurred on Wednesday, July 30th. The stock was sold at an average price of $223.47, for a total value of $1,136,121.48. Following the transaction, the director directly owned 21,945 shares in the company, valued at approximately $4,904,049.15. This represents a 18.81% decrease in their position. The disclosure for this sale can be found here. 14.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Robert W. Baird increased their target price on Cintas from $227.00 to $230.00 and gave the company a "neutral" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. lowered their target price on Cintas from $246.00 to $230.00 and set an "overweight" rating for the company in a research note on Thursday. Morgan Stanley increased their target price on Cintas from $213.00 to $220.00 and gave the company an "equal weight" rating in a research note on Friday, July 18th. The Goldman Sachs Group increased their target price on Cintas from $233.00 to $257.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Finally, Citigroup increased their target price on Cintas from $172.00 to $176.00 and gave the company a "sell" rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Cintas has a consensus rating of "Hold" and a consensus target price of $222.09.

Cintas Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.

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