Thrivent Financial for Lutherans Raises Stake in Cintas Corporation $CTAS

Posted by on May 20th, 2026

Thrivent Financial for Lutherans increased its stake in Cintas Corporation (NASDAQ:CTAS – Free Report) by 166.2% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 50,225 shares of the business services provider’s stock after buying an additional 31,359 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Cintas were worth $9,455,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CTAS. Camelot Portfolios LLC purchased a new position in shares of Cintas in the 4th quarter worth about $26,000. Key Capital Management INC purchased a new position in shares of Cintas in the 4th quarter worth about $28,000. Triumph Capital Management purchased a new position in shares of Cintas in the 3rd quarter worth about $29,000. Ares Financial Consulting LLC purchased a new position in shares of Cintas in the 4th quarter worth about $32,000. Finally, Aventura Private Wealth LLC purchased a new position in shares of Cintas in the 4th quarter worth about $34,000. 63.46% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cintas

In other news, Director Ronald W. Tysoe sold 4,666 shares of the company’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $178.87, for a total transaction of $834,607.42. Following the sale, the director directly owned 22,448 shares in the company, valued at $4,015,273.76. This represents a 17.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 14.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

CTAS has been the topic of a number of research analyst reports. Citigroup cut their price target 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. UBS Group reissued a “buy” rating on shares of Cintas in a report on Thursday, March 12th. Weiss Ratings downgraded shares of Cintas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 1st. Argus upgraded Cintas to a “strong-buy” rating in a research note on Wednesday, January 21st. Finally, Robert W. Baird upgraded Cintas from a “neutral” rating to an “outperform” rating and set a $250.00 price objective on the stock in a research note on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Cintas has a consensus rating of “Hold” and a consensus target price of $215.17.

View Our Latest Research Report on Cintas

Cintas Trading Down 1.3%

Shares of Cintas stock opened at $172.20 on Wednesday. Cintas Corporation has a 52-week low of $161.16 and a 52-week high of $229.24. The stock’s 50-day simple moving average is $176.51 and its 200 day simple moving average is $185.53. The stock has a market capitalization of $68.90 billion, a P/E ratio of 48.64, a P/E/G ratio of 3.07 and a beta of 0.96. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.74 and a current ratio of 1.98.

Cintas (NASDAQ:CTAS – Get Free Report) last announced its quarterly earnings data on Wednesday, March 25th. The business services provider reported $1.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.24. Cintas had a return on equity of 41.47% and a net margin of 17.57%.The business had revenue of $2.84 billion for the quarter, compared to analysts’ expectations of $2.82 billion. During the same period in the previous year, the business posted $1.13 EPS. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. As a group, research analysts anticipate that Cintas Corporation will post 4.89 EPS for the current year.

Cintas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be given a dividend of $0.45 per share. The ex-dividend date is Friday, May 15th. This represents a $1.80 annualized dividend and a dividend yield of 1.0%. Cintas’s dividend payout ratio is currently 50.85%.

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.

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Institutional Ownership by Quarter for Cintas (NASDAQ:CTAS)

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