Krilogy Financial LLC has expanded its investment portfolio by acquiring 2,938 shares of Cintas Corporation, valued at approximately $603,000. This purchase was disclosed in the company’s latest Form 13F filing with the Securities and Exchange Commission (SEC) for the third quarter. The acquisition highlights a growing interest in Cintas, a leading provider of business services.
Several other hedge funds have also recently adjusted their holdings in Cintas. Brighton Jones LLC increased its stake by 9.3% in the fourth quarter, now owning a total of 1,268 shares valued at $232,000. Similarly, Sivia Capital Partners LLC raised its position by 42.3% in the second quarter, acquiring an additional 428 shares to reach a total of 1,441 shares, valued at $321,000.
Harbour Investments Inc. reported a significant boost, increasing its stake in Cintas by 99.0%, resulting in ownership of 1,027 shares worth $229,000. Chevy Chase Trust Holdings LLC also made a modest increase of 0.8%, now holding 181,931 shares valued at $40.5 million. Nicholson Wealth Management Group LLC raised its stake by 11.0%, bringing its total to 6,423 shares valued at $1.43 million. Currently, institutional investors and hedge funds own 63.46% of Cintas’s stock.
Analyst Ratings and Stock Performance
Cintas has garnered attention from various research firms, with several issuing ratings updates. On December 19, UBS Group reaffirmed a “buy” rating for Cintas shares, while Weiss Ratings maintained a “hold (C+)” rating on December 29. Argus upgraded Cintas to a “strong-buy” on January 21, and Wells Fargo & Company raised its rating from “cautious” to “overweight,” increasing their target price from $205.00 to $245.00 on January 14.
Currently, Cintas holds an average rating of “Moderate Buy” from analysts, with a consensus price target of $221.08. The stock opened at $193.44 on Friday, with a market capitalization of $77.35 billion. Cintas has demonstrated stable performance, with a price-to-earnings ratio of 56.40 and a beta of 0.95. The company’s stock has fluctuated between a one-year low of $180.39 and a high of $229.24.
In its latest quarterly earnings report released on December 18, Cintas reported earnings per share (EPS) of $1.21, surpassing analysts’ expectations of $1.20. The company’s revenue reached $2.80 billion, exceeding the anticipated $2.77 billion. This reflects a 9.3% increase in revenue year-over-year, up from $1.09 EPS during the same period last year. For fiscal year 2026, Cintas has projected an EPS range of 4.810-4.880.
Dividend and Stock Buyback Initiatives
Cintas also recently announced a quarterly dividend of $0.45 per share, scheduled for distribution on March 13. Shareholders on record as of February 13 will qualify for this dividend, representing an annualized payout of $1.80 and a yield of 0.9%. The company’s current dividend payout ratio stands at 52.48%.
In a strategic move to enhance shareholder value, Cintas has authorized a stock buyback plan, allowing for the repurchase of up to $1 billion in shares. This initiative indicates the board’s belief in the company’s intrinsic value and its commitment to returning capital to shareholders.
Cintas Corporation operates as a comprehensive provider of business services, focusing on workplace appearance, safety, and facility maintenance. Its well-known uniform rental programs cater to a diverse clientele that includes sectors such as manufacturing, food service, healthcare, hospitality, retail, and government. Furthermore, Cintas offers a range of facility services aimed at maintaining clean and compliant workplaces.
As the company continues to grow and adapt to market demands, its recent financial maneuvers and strategic initiatives suggest a robust outlook for both its operations and shareholder returns.
