Cintas Corporation $CTAS Stock: King Luther Capital Management Corp Decreases Stake

Posted by Francis Steltz on Nov 12th, 2026

King Luther Capital Management Corp decreased its position in shares of Cintas Corporation (NASDAQ:CTAS – Free Report) by 4.0% during the third quarter, Holdings Channel reports. The institutional investor owned 1,607,327 shares of the business services provider’s stock after selling 67,405 shares during the period. Cintas makes up approximately 1.3% of King Luther Capital Management Corp’s investment portfolio, making the stock its 15th biggest position. King Luther Capital Management Corp’s holdings in Cintas were worth $313,525,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Maryland State Retirement & Pension System increased its stake in Cintas by 11.8% in the 3rd quarter. Maryland State Retirement & Pension System now owns 20,633 shares of the business services provider’s stock worth $4,025,000 after acquiring an additional 2,176 shares during the last quarter. Cabot Wealth Management Inc. raised its holdings in shares of Cintas by 7.7% during the 3rd quarter. Cabot Wealth Management Inc. now owns 78,071 shares of the business services provider’s stock worth $15,229,000 after acquiring an additional 5,613 shares in the last quarter. Ritholtz Wealth Management raised its holdings in shares of Cintas by 9.2% during the 3rd quarter. Ritholtz Wealth Management now owns 30,991 shares of the business services provider’s stock worth $6,045,000 after acquiring an additional 2,606 shares in the last quarter. UNIVEST FINANCIAL Corp raised its holdings in shares of Cintas by 2.0% during the 3rd quarter. UNIVEST FINANCIAL Corp now owns 3,865 shares of the business services provider’s stock worth $754,000 after acquiring an additional 77 shares in the last quarter. Finally, Jefferies Financial Group Inc. boosted its position in shares of Cintas by 74.0% during the 3rd quarter. Jefferies Financial Group Inc. now owns 53,050 shares of the business services provider’s stock valued at $10,348,000 after acquiring an additional 22,553 shares during the last quarter. Hedge funds and other institutional investors own 63.46% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on CTAS shares. Citigroup raised their target price on shares of Cintas from $180.00 to $181.00 and gave the company a “sell” rating in a report on Wednesday, September 30th. Argus upped their price target on shares of Cintas from $230.00 to $240.00 and gave the company a “buy” rating in a research note on Tuesday, September 29th. Robert W. Baird set a $222.00 price target on shares of Cintas and gave the company an “outperform” rating in a research note on Thursday, September 24th. Weiss Ratings lowered shares of Cintas from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Finally, UBS Group reissued a “buy” rating and issued a $235.00 price objective (up from $230.00) on shares of Cintas in a research note on Thursday, September 24th. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cintas has an average rating of “Moderate Buy” and an average price target of $219.87.

View Our Latest Stock Report on CTAS

Cintas Price Performance

Cintas stock opened at $227.26 on Thursday. Cintas Corporation has a 12-month low of $161.16 and a 12-month high of $233.46. The company has a current ratio of 1.45, a quick ratio of 1.29 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average price of $207.85 and a 200-day moving average price of $191.75. The firm has a market capitalization of $90.24 billion, a PE ratio of 44.82, a price-to-earnings-growth ratio of 3.57 and a beta of 0.86.

Cintas (NASDAQ:CTAS – Get Free Report) last issued its quarterly earnings results on Wednesday, September 23rd. The business services provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.35 by $0.04. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $2.98 billion. Cintas had a net margin of 17.82% and a return on equity of 42.57%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.20 EPS. Cintas has set its FY 2027 guidance at 5.450-5.540 EPS. As a group, equities research analysts forecast that Cintas Corporation will post 5.53 EPS for the current year.

Cintas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, November 13th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.08 annualized dividend and a yield of 0.9%. Cintas’s dividend payout ratio (DPR) is presently 41.03%.

Cintas Company Profile

(Free Report)

Cintas Corporation provides workplace products and services to businesses, primarily in North America. Its offerings include uniform rental and sales, workwear, and related services such as laundering and maintaining uniforms. The company also supplies facility services, including restroom and floor products, and provides first aid and safety products and services. Its fire protection business offers services such as inspecting and maintaining fire extinguishers and other safety equipment. Cintas traces its roots to Acme Industrial Laundry, a family business established in 1929.