ProShare Advisors LLC and
King Luther Capital Management Corp have reduced their holdings in Cintas Co., while
Renaissance Technologies LLC and
LPL Financial LLC have increased theirs.
Cintas Corp. recently announced a
four-for-one stock split and is set to beat earnings estimates again, with Wall Street bullish on the stock. Short interest in the company decreased by 5.3% in August but stock price hit a fresh high prompting queries if there's still room for growth.
Analysts recommend it as a strong growth stock for the long-term, a good investment for its upcoming dividend, and a potential addition to your portfolio for its strategic SWOT insight.
Skandinaviska Enskilda Banken AB publ, a major investor, hold a substantive position worth $27.93 Million. The company has seen strong growth, exceeding analyst expectations, with stock valued around $773.95. The
Dow Jones is not outpacing Cintas stock.
Cintas Corporation announced a 15.6% increase in its quarterly cash dividend and a new $1.0 billion stock buyback authorization. It also reported higher Q3 revenues and earnings, uplifting the FY24 guidance.
Cintas Corp CTAS News Analytics from Thu, 21 Dec 2023 08:00:00 GMT to Sun, 22 Sep 2024 14:43:29 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 2
