Nissay Asset Management Corp Japan Acquires 3,891 Shares of Cintas Corporation $CTAS

Posted by Brian Himes on Aug 30th, 2026

Nissay Asset Management Corp Japan grew its holdings in shares of Cintas Corporation (NASDAQ:CTAS – Free Report) by 3.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 111,471 shares of the business services provider’s stock after acquiring an additional 3,891 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Cintas were worth $18,959,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Cintas during the 2nd quarter valued at approximately $4,520,425,000. State Street Corp lifted its stake in Cintas by 1.4% in the 4th quarter. State Street Corp now owns 15,311,491 shares of the business services provider’s stock valued at $2,879,632,000 after purchasing an additional 210,477 shares during the last quarter. Geode Capital Management LLC boosted its position in Cintas by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 9,293,485 shares of the business services provider’s stock valued at $1,746,453,000 after buying an additional 97,220 shares in the last quarter. Norges Bank bought a new stake in shares of Cintas during the fourth quarter worth $923,672,000. Finally, Morgan Stanley grew its stake in shares of Cintas by 0.8% during the fourth quarter. Morgan Stanley now owns 4,393,116 shares of the business services provider’s stock worth $826,214,000 after buying an additional 36,666 shares during the last quarter. Institutional investors own 63.46% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Robert W. Baird upped their price target on shares of Cintas from $200.00 to $214.00 and gave the stock an “outperform” rating in a report on Thursday, July 16th. Bank of America raised Cintas from a “neutral” rating to a “buy” rating and raised their price objective for the company from $200.00 to $230.00 in a report on Thursday, July 16th. The Goldman Sachs Group restated a “buy” rating and set a $231.00 price objective on shares of Cintas in a research report on Wednesday, July 15th. UBS Group reaffirmed a “buy” rating and issued a $230.00 target price (up from $228.00) on shares of Cintas in a report on Thursday, July 16th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $206.00 target price on shares of Cintas in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $212.31.

Check Out Our Latest Stock Analysis on Cintas

Cintas Price Performance

Shares of NASDAQ CTAS opened at $204.18 on Friday. The company has a market capitalization of $81.71 billion, a PE ratio of 54.59, a P/E/G ratio of 3.30 and a beta of 0.92. The company has a quick ratio of 1.27, a current ratio of 1.43 and a debt-to-equity ratio of 0.28. Cintas Corporation has a twelve month low of $161.16 and a twelve month high of $219.16. The firm has a fifty day simple moving average of $194.43 and a 200 day simple moving average of $185.51.

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

Cintas Increases Dividend

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

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.