51,238 Shares in Cintas Corporation $CTAS Bought by Cibc World Market Inc.

Posted by Geri Gentry on Aug 26th, 2026

Cibc World Market Inc. acquired a new stake in shares of Cintas Corporation (NASDAQ:CTAS – Free Report) during the second quarter, Holdings Channel.com reports. The firm acquired 51,238 shares of the business services provider’s stock, valued at approximately $8,715,000.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Cintas by 9.3% during the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock valued at $232,000 after purchasing an additional 108 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Cintas by 42.3% during the second quarter. Sivia Capital Partners LLC now owns 1,441 shares of the business services provider’s stock valued at $321,000 after buying an additional 428 shares during the period. Gamco Investors INC. ET AL bought a new position in shares of Cintas during the second quarter valued at approximately $625,000. Treasurer of the State of North Carolina raised its holdings in shares of Cintas by 20.3% in the second quarter. Treasurer of the State of North Carolina now owns 212,192 shares of the business services provider’s stock worth $47,291,000 after buying an additional 35,781 shares during the period. Finally, Ieq Capital LLC lifted its stake in shares of Cintas by 50.2% during the 2nd quarter. Ieq Capital LLC now owns 92,924 shares of the business services provider’s stock worth $20,710,000 after acquiring an additional 31,068 shares during the last quarter. Institutional investors own 63.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on CTAS shares. Robert W. Baird boosted their price objective on Cintas from $200.00 to $214.00 and gave the company an “outperform” rating in a report on Thursday, July 16th. Wells Fargo & Company reiterated an “overweight” rating and set a $250.00 target price (up from $245.00) on shares of Cintas in a research report on Thursday, July 16th. The Goldman Sachs Group reissued a “buy” rating and set a $231.00 target price on shares of Cintas in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of Cintas from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Finally, Bank of America raised shares of Cintas from a “neutral” rating to a “buy” rating and raised their price target for the stock from $200.00 to $230.00 in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Cintas presently has a consensus rating of “Moderate Buy” and an average target price of $212.31.

Read Our Latest Analysis on CTAS

Cintas Stock Down 1.3%

Shares of NASDAQ CTAS opened at $204.76 on Wednesday. Cintas Corporation has a 52-week low of $161.16 and a 52-week high of $219.16. The firm has a market capitalization of $81.94 billion, a price-to-earnings ratio of 54.75, a PEG ratio of 3.35 and a beta of 0.92. The stock has a 50 day moving average price of $192.37 and a 200 day moving average price of $185.24. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.27 and a current ratio of 1.43.

Cintas (NASDAQ:CTAS – Get Free Report) last released its quarterly earnings data 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 company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.87 billion. Cintas had a return on equity of 42.05% and a net margin of 17.75%.Cintas’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period last year, the business posted $1.09 EPS. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. Sell-side analysts expect that Cintas Corporation will post 5.49 earnings per share for the current year.

Cintas Increases Dividend

The company also recently declared 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 is an increase from Cintas’s previous quarterly dividend of $0.45. This represents a $2.08 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, August 14th. Cintas’s payout ratio is 55.61%.

About Cintas

(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.