Alta Capital Management Llc/ 13F: Cuts CTAS Stake by $1.2M
Key Points
- Alta Capital Management's reduction of 6,320 shares represents a 15% decrease in its Cintas holdings, now valued at approximately $6.98 million.
- Alta Capital Management Llc/ held 35,796 $CTAS shares at quarter end, down 15.01% from the prior quarter.
- Cintas stock recently traded around $225.93, about equal to its closing price on the filing date, but still 0.3% below its 52-week high.
- The fund's position in Cintas now makes up 0.66% of its total reported value of about $1.07 billion.
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Alta Capital Management cut its stake in Cintas Corporation (CTAS) by 6,320 shares in a filing on October 26, 2026.
CTAS
Cintas Corporation
Where Cintas Fits in Alta Capital Management's Portfolio
Cintas now accounts for 0.66% of Alta Capital's reported portfolio, ranking 33rd among its 215 positions. This cut reflects a 15% decrease from its previous holdings of 42,116 shares.
Other Institutional Activity in Cintas
PFG Advisors opened a new position in Cintas, acquiring 5,697 shares valued at about $1.11 million as of October 16, 2026. This indicates continued interest in Cintas from institutional investors despite Alta's reduction.
Cintas Corporation Stock Up 0.8%
Cintas shares are currently trading at around $225.93, which is about equal to the closing price on October 26, 2026. The stock is above its 50-day moving average by 11.2% and its 200-day moving average by 19%. However, it is 0.3% below its 52-week high of $226.69.
Recent Earnings
Cintas reported trailing twelve-month revenue of approximately $11.56 billion, with an EPS of $5.07. The company has a net margin of 17.8% and a return on equity of 41.4%. The next earnings report is scheduled for December 17, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
2 target cuts vs 0 raises.
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EPS & revenue
EPS missed estimates by 1.8%. Revenue missed estimates by 1.2%.
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Profit surprise
EBITDA missed by 18 percent. Operating income met by 2 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
2 target cuts.
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Earnings quality
Positive free cash flow.
Earnings Call Summary
The company reported strong start to fiscal 2026 with organic revenue growth of 7.8 percent and $2.72 billion in first quarter sales. All three route-based businesses performed well, with First Aid and Safety jumping 14.1 percent. Management emphasized their ability to grow through multiple channels including converting non-programmers to customers, selling more services to existing accounts, and making strategic acquisitions. They noted the business is generating strong cash flow of $414.5 million and that despite uncertain macroeconomic conditions, customer retention remains solid and new business wins are steady.
Guidance Management raised full year revenue guidance to $11.06 billion to $11.18 billion, expecting 7 to 8.1 percent growth. They also raised EPS guidance to $4.74 to $4.86, up 7.7 to 10.5 percent. They expect continued growth across all three route-based businesses despite economic uncertainty.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Dividend
Cintas pays an annual dividend of $2.08 per share, yielding about 0.92% based on recent trading prices.
Insider Buying and Selling at Cintas Corporation
Several insiders have made trades recently. Director Ronald William Tysoe sold 4,666 shares on April 20, 2026, at an average price of $178.87, totaling about $834,607. Additionally, on June 15, 2026, Tysoe purchased 100 shares at $174.74, valued at $17,474. Melanie W Barstad, also a director, sold 9,142 shares on July 16, 2026, at an average price of $202.94, worth about $1.86 million. These transactions indicate ongoing insider activity at Cintas.
Analysts Set New Price Targets
On September 24, 2026, UBS maintained its Buy rating on Cintas with a price target of $235, while Baird also maintained an Outperform rating with a target of $222. Truist Securities kept its Buy rating with a target of $230, and Argus Research raised its target to $240 from $230. The consensus rating remains a Buy with a mean target price of approximately $218.31.
About Cintas
Cintas Corporation provides corporate identity uniforms and other garments across the U.S., Canada, and Latin America. It operates various segments, including uniform rental and facility services, and offers restroom cleaning services and supplies. This position reduction comes as the company continues to show strong performance in its sector, which could influence future institutional interest.
Bottom Line
Investors will want to watch for Cintas' upcoming earnings report on December 17, 2026, and any further changes in institutional holdings, particularly after Alta Capital's recent reduction in its stake.
Related Filing Alerts
Source: Alta Capital Management Llc/'s 13F filing on $CTAS (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts