Clear Creek Financial Management LLC Makes New Investment in Cintas Corporation $CTAS

Clear Creek Financial Management LLC purchased a new stake in shares of Cintas Corporation (NASDAQ:CTAS) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 915 shares of the business services provider’s stock, valued at approximately $204,000.

A number of other institutional investors have also added to or reduced their stakes in CTAS. WPG Advisers LLC bought a new position in Cintas in the 1st quarter worth about $27,000. Saudi Central Bank bought a new position in Cintas in the 1st quarter worth about $29,000. Stone House Investment Management LLC bought a new position in shares of Cintas during the 1st quarter valued at about $41,000. Resources Management Corp CT ADV bought a new position in shares of Cintas during the 1st quarter valued at about $41,000. Finally, E Fund Management Hong Kong Co. Ltd. increased its position in shares of Cintas by 646.4% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 209 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 181 shares during the last quarter. 63.46% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Cintas news, CEO Todd M. Schneider sold 17,301 shares of the stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $220.90, for a total value of $3,821,790.90. Following the completion of the sale, the chief executive officer owned 622,712 shares in the company, valued at approximately $137,557,080.80. This trade represents a 2.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 completion of the sale, the director owned 21,945 shares of the company’s stock, valued at approximately $4,904,049.15. This trade represents a 18.81% decrease in their position. The disclosure for this sale can be found here. Company insiders own 14.90% of the company’s stock.

Cintas Trading Down 2.0%

Shares of CTAS stock opened at $187.96 on Friday. The stock has a market capitalization of $75.53 billion, a PE ratio of 42.62, a P/E/G ratio of 3.25 and a beta of 1.01. Cintas Corporation has a 1-year low of $180.78 and a 1-year high of $229.24. The business has a 50-day moving average of $208.33 and a 200 day moving average of $213.10. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.24 and a quick ratio of 1.94.

Cintas (NASDAQ:CTAS) last issued its earnings results on Wednesday, September 24th. The business services provider reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.01. The company had revenue of $2.72 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Cintas had a return on equity of 40.41% and a net margin of 17.54%.Cintas’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 EPS. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS. As a group, sell-side analysts anticipate that Cintas Corporation will post 4.31 earnings per share for the current year.

Cintas Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 15th were issued a $0.45 dividend. This is an increase from Cintas’s previous quarterly dividend of $0.39. The ex-dividend date was Friday, August 15th. This represents a $1.80 annualized dividend and a yield of 1.0%. Cintas’s dividend payout ratio (DPR) is 40.82%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CTAS. UBS Group increased their price objective on Cintas from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Robert W. Baird increased their price objective on Cintas from $227.00 to $230.00 and gave the company a “neutral” rating in a research report on Friday, July 18th. Royal Bank Of Canada reduced their price objective on Cintas from $240.00 to $206.00 and set a “sector perform” rating on the stock in a research report on Thursday, September 25th. JPMorgan Chase & Co. reduced their price objective on Cintas from $246.00 to $230.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Finally, The Goldman Sachs Group increased their price objective on Cintas from $233.00 to $257.00 and gave the company a “buy” rating in a research report on Wednesday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $222.09.

Cintas Company 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.