Cintas Corporation (CTAS) has seen a series of financial developments that have led to an increase in its stock value. The Hantz Financial Services Inc. has taken a sizable $7.44 million position in the company. The corporation, under Billionaire Richard Chilton, continues to experience a surge in its stock value recording an all-time high of $806.84. Amid all these, Cintas announced a 1:4 share split and boosted its Q4 2024 report. Its rental location in Milwaukee been awarded the VPP star certification. The company experienced increased Q4 earnings and revenues that surpassed initial estimates. Aptus Capital Advisors LLC and other firms like Bensler LLC have increased their stock positions in CTAS. More so, CTAS has 64% institutional ownership. The corporation also revealed its Q3 and Q4 2024 earnings which surpassed the expectations of experts. Several institutional investors including Cambridge Investment Research Advisors Inc., BNP PARIBAS ASSET MANAGEMENT Holding S.A, and others purchased more shares of the company. These development coupled with the aggressive fiscal 2024 outlook paints a bullish and innovative picture for CTAS.
Cintas Corp CTAS News Analytics from Thu, 21 Dec 2023 08:00:00 GMT to Sun, 01 Sep 2024 12:57:05 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -2
