Wealthfront Advisers LLC Buys New Shares in Cintas Corporation $CTAS

Posted by on Aug 20th, 2026

Wealthfront Advisers LLC bought a new position in Cintas Corporation (NASDAQ:CTAS – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 61,567 shares of the business services provider’s stock, valued at approximately $10,471,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Cintas in the second quarter valued at about $4,520,425,000. Norges Bank acquired a new stake in shares of Cintas during the fourth quarter worth about $923,672,000. Bank of New York Mellon Corp acquired a new stake in shares of Cintas during the second quarter worth about $644,334,000. Deutsche Bank AG purchased a new stake in Cintas in the second quarter valued at approximately $204,831,000. Finally, Two Sigma Investments LP boosted its position in Cintas by 5,641.3% in the third quarter. Two Sigma Investments LP now owns 1,016,671 shares of the business services provider’s stock valued at $208,682,000 after buying an additional 998,963 shares during the last quarter. Institutional investors and hedge funds own 63.46% of the company’s stock.

Cintas Stock Up 1.8%

Shares of CTAS opened at $203.08 on Thursday. Cintas Corporation has a 52 week low of $161.16 and a 52 week high of $219.87. The company has a quick ratio of 1.27, a current ratio of 1.43 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $81.27 billion, a price-to-earnings ratio of 54.30, a PEG ratio of 3.22 and a beta of 0.92. The stock’s 50-day moving average price is $190.18 and its 200-day moving average price is $184.86.

Cintas (NASDAQ:CTAS – Get Free Report) last posted its earnings results on Wednesday, July 15th. The business services provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.24 by $0.05. The firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.87 billion. Cintas had a return on equity of 42.05% and a net margin of 17.75%.Cintas’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. On average, sell-side analysts predict that Cintas Corporation will post 5.49 EPS for the current year.

Cintas Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 14th. This is a positive change from Cintas’s previous quarterly dividend of $0.45. Cintas’s dividend payout ratio is 55.61%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on CTAS shares. Argus upgraded shares of Cintas to a “strong-buy” rating in a report on Friday, July 17th. Wells Fargo & Company restated an “overweight” rating and set a $250.00 price objective (up from $245.00) on shares of Cintas in a research note on Thursday, July 16th. Weiss Ratings raised shares of Cintas from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Bank of America upgraded shares of Cintas from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $200.00 to $230.00 in a research note on Thursday, July 16th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $206.00 target price on shares of Cintas in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $212.31.

Read Our Latest Stock Analysis on CTAS

Cintas Company 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.

Read More

Want to see what other hedge funds are holding CTAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cintas Corporation (NASDAQ:CTAS – Free Report).

Institutional Ownership by Quarter for Cintas (NASDAQ:CTAS)

Receive News & Ratings for Cintas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cintas and related companies with MarketBeat.com's FREE daily email newsletter.