<div id="readability-page-1"><p>Geode Capital Management LLC grew its stake in  Cintas Corporation (NASDAQ:CTAS - Free Report) by 3.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 9,192,013 shares of the business services provider's stock after purchasing an additional 314,860 shares during the period. Geode Capital Management LLC owned about 2.28% of Cintas worth $2,049,017,000 at the end of the most recent quarter.</p><ul><li>3 Oversold Large-Caps That Look Ripe for a Rebound</li></ul><p>Several other institutional investors have also recently made changes to their positions in the company. Crestwood Advisors Group LLC purchased a new position in shares of  Cintas during the 1st quarter valued at approximately $270,000.  BNP Paribas Financial Markets grew its holdings in shares of  Cintas by 25.5% during the first quarter. BNP Paribas Financial Markets now owns 791,197 shares of the business services provider's stock worth $162,615,000 after buying an additional 160,820 shares in the last quarter.  Merit Financial Group LLC raised its position in shares of  Cintas by 11.2% in the second quarter. Merit Financial Group LLC now owns 14,472 shares of the business services provider's stock valued at $3,225,000 after buying an additional 1,459 shares during the last quarter.  Comerica Bank lifted its stake in  Cintas by 9.8% in the 1st quarter. Comerica Bank now owns 91,991 shares of the business services provider's stock worth $18,907,000 after purchasing an additional 8,215 shares in the last quarter.  Finally, Canopy Partners LLC purchased a new stake in  Cintas in the 1st quarter valued at $329,000. 63.46% of the stock is owned by hedge funds and other institutional investors. </p><h2>Cintas Trading Down 0.3%</h2><p>Shares of CTAS stock opened at $185.28 on Thursday. Cintas Corporation has a 1 year low of $180.39 and a 1 year high of $229.24. The company has a current ratio of 2.24, a quick ratio of 1.94 and a debt-to-equity ratio of 0.51. The firm's fifty day simple moving average is $194.74 and its 200 day simple moving average is $210.59. The firm has a market capitalization of $74.46 billion, a P/E ratio of 42.01, a price-to-earnings-growth ratio of 3.18 and a beta of 0.99. </p><ul><li>Cintas Stock Sends a Clear Buy Signal as Momentum Builds</li></ul><p>Cintas (NASDAQ:CTAS - Get Free Report) last announced its quarterly earnings data on Wednesday, September 24th. The business services provider reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 17.54% and a return on equity of 40.41%. The business's revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.10 EPS.  Cintas has set its FY 2026 guidance at 4.740-4.86 EPS. As a group, sell-side analysts predict that  Cintas Corporation will post 4.31 EPS for the current year. </p><p>Cintas announced that its board has authorized a share buyback program on Tuesday, October 28th that allows the company to buyback $1.00 billion in  outstanding  shares. This buyback authorization allows the business services provider to purchase up to 1.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued. </p><h2>Cintas Announces Dividend</h2><ul><li>O’Reilly Automotive: An Anytime Buy for Buy-and-Hold Investors</li></ul><p>The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 14th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, November 14th. Cintas's payout ratio is currently 40.82%. </p><h2>Wall Street Analyst Weigh In</h2><p>CTAS has been the subject of several recent research reports. Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of Cintas in a research note on Wednesday, October 8th. Redburn Partners  set a $184.00 target price on shares of Cintas in a report on Tuesday. Rothschild Redb upgraded Cintas from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday. Rothschild &amp; Co Redburn raised Cintas from a &#34;sell&#34; rating to a &#34;neutral&#34; rating and set a $184.00 target price on the stock in a research report on Tuesday. Finally, Morgan Stanley lifted their target price on Cintas from $213.00 to $220.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Friday, July 18th. One research analyst  has rated the stock with a Strong Buy rating, six have assigned  a Buy rating, seven have issued  a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $215.07.</p><p><b>Check Out Our Latest Report on Cintas</b></p><h2>Cintas Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Cintas</li><li>Large Cap Stock Definition and How to Invest</li><li>3 Reasons On Holding’s Sell-Off Is Over and New Highs Are Coming</li><li>The Most Important Warren Buffett Stock for Investors: His Own</li><li>As Warren Buffett Nears His Exit, Berkshire's Amassed Record Cash</li><li>The Top 3 Healthcare Dividend Stocks to Buy and Hold</li><li>Rare Earth Stocks: The Truce That Isn't a Truce</li></ul><p><strong>Want to see what other hedge funds are holding CTAS?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cintas Corporation (NASDAQ:CTAS - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1RBUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1RBUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Cintas Right Now?</h2><p>Before you consider Cintas, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cintas wasn't on the list.</p><p>While Cintas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CTAS

<p>Geode Capital Management LLC increased its stake in Cintas Corporation by 3.5% during the second quarter, owning 9,192,013 shares valued at $2,049,017,000. This move is part of a broader trend of institutional investors adjusting their positions in Cintas. The company also announced a $1 billion share buyback program and a quarterly dividend of $0.45 per share. Analysts have mixed ratings on Cintas, with some upgrading their outlook and others maintaining neutral positions.</p>

Geode Capital Management LLC Increases Stake in Cintas Corporation $CTAS