William Blair Brokers Decrease Earnings Estimates for Cintas

Cintas Corporation (NASDAQ:CTAS) – Equities researchers at William Blair cut their Q2 2026 EPS estimates for shares of Cintas in a research note issued to investors on Wednesday, September 24th. William Blair analyst T. Mulrooney now forecasts that the business services provider will earn $1.16 per share for the quarter, down from their previous forecast of $1.18. The consensus estimate for Cintas’ current full-year earnings is $4.31 per share. William Blair also issued estimates for Cintas’ Q3 2026 earnings at $1.21 EPS and Q4 2026 earnings at $1.22 EPS.

Several other research firms also recently weighed in on CTAS. JPMorgan Chase & Co. dropped their price target on Cintas from $246.00 to $230.00 and set an “overweight” rating on the stock in a research note on Thursday. Robert W. Baird lifted their target price on shares of Cintas from $227.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, July 18th. UBS Group boosted their target price on Cintas from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Royal Bank Of Canada cut their price target on Cintas from $240.00 to $206.00 and set a “sector perform” rating on the stock in a report on Thursday. Finally, The Goldman Sachs Group upped their price target on Cintas from $233.00 to $257.00 and gave the company a “buy” rating in a report on Wednesday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $222.75.

Cintas Stock Performance

CTAS stock opened at $202.05 on Friday. The company has a market capitalization of $81.42 billion, a P/E ratio of 44.80, a PEG ratio of 3.46 and a beta of 1.01. The business has a 50-day moving average price of $213.16 and a 200 day moving average price of $212.57. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.24 and a quick ratio of 1.82. Cintas has a 1-year low of $180.78 and a 1-year high of $229.24.

Cintas (NASDAQ:CTAS) last posted its earnings results on Wednesday, September 24th. The business services provider reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.01. The firm had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.70 billion. Cintas had a net margin of 17.54% and a return on equity of 40.41%. Cintas’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the firm posted $1.10 earnings per share. Cintas has set its FY 2026 guidance at 4.740-4.86 EPS.

Cintas Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 15th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.9%. This is a positive change from Cintas’s previous quarterly dividend of $0.39. The ex-dividend date was Friday, August 15th. Cintas’s payout ratio is currently 40.82%.

Insider Activity at Cintas

In other news, Director Ronald W. Tysoe sold 5,084 shares of the company’s stock in a transaction dated 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 transaction, the director owned 21,945 shares in the company, valued at $4,904,049.15. This represents a 18.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Todd M. Schneider sold 17,301 shares of the company’s stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $220.90, for a total transaction of $3,821,790.90. Following the sale, the chief executive officer owned 622,712 shares of the company’s stock, valued at $137,557,080.80. This trade represents a 2.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. 14.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Cintas

Several hedge funds and other institutional investors have recently made changes to their positions in CTAS. Vanguard Group Inc. increased its stake in Cintas by 1.4% in the second quarter. Vanguard Group Inc. now owns 38,384,133 shares of the business services provider’s stock valued at $8,554,672,000 after acquiring an additional 524,829 shares during the last quarter. State Street Corp lifted its position in shares of Cintas by 0.5% during the 2nd quarter. State Street Corp now owns 15,118,190 shares of the business services provider’s stock valued at $3,369,391,000 after acquiring an additional 82,029 shares during the period. Geode Capital Management LLC raised its position in shares of Cintas by 3.5% during the second quarter. Geode Capital Management LLC now owns 9,192,013 shares of the business services provider’s stock worth $2,049,017,000 after purchasing an additional 314,860 shares during the period. Nuveen LLC bought a new position in Cintas in the 1st quarter valued at about $1,877,760,000. Finally, Invesco Ltd. grew its holdings in Cintas by 11.2% during the second quarter. Invesco Ltd. now owns 4,911,366 shares of the business services provider’s stock worth $1,094,596,000 after buying an additional 495,486 shares in the last quarter. 63.46% of the stock is owned by institutional investors.

About Cintas

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.