Several key developments regarding Cintas Corporation (NASDAQ:CTAS) have been observed across various market players. Major investors like Forsta AP Fonden, Deutsche Bank, iA Global Asset Management, Thoroughbred Financial Services, Vanguard Group etc. have significant holdings in Cintas. However, some entities like Atria Wealth Solutions, Maryland State Retirement & Pension System, Ontario Teachers Pension Plan Board, and Goldman Sachs Group have reduced their stakes in the company. Cintas has seen robust revenue growth and promises strong financials, garnering remarks from Jim Cramer and indices like the U.S. News & World Report. Despite some senior employees like Ronald W. Tysoe and Rep. Jefferson Shreve selling their shares, teams like Mackenzie Financial Corp, Raiffeisen Bank International AG, Federated Hermes Inc, and others have increased their positions. The company has consistently grown its dividends - for 42nd consecutive time, it has led to a deeper investigation into its capital strategy that appears long-term and strong. It has delivered impressive Q4 earnings, with revenues surpassing estimates, and has seen further stake purchases from Teachers Retirement System of The State of Kentucky and Avantax Advisory Services Inc.
Cintas Corp CTAS News Analytics from Thu, 20 Feb 2025 08:00:00 GMT to Sat, 09 Aug 2025 15:13:28 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor -6
