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CINCINNATI—Ronald W. Tysoe, a director at Cintas Corp (NASDAQ:CTAS), sold 8,521 shares of the company’s common stock on April 14, 2025, according to a recent SEC filing. The shares were sold at a weighted average price of $208.96, generating approximately $1.78 million. The sale was executed in multiple transactions with prices ranging from $208.75 to $208.925. The transaction comes as InvestingPro data shows Cintas trading at a P/E ratio of 46.5, suggesting premium valuation levels relative to its peers.
In addition to the sale, Tysoe exercised stock options to acquire 9,560 shares at a price of $22.67 per share, totaling $216,725. This acquisition was part of Cintas Corporation’s 2005 Equity Compensation Plan, with the options vesting on the first anniversary of their grant date. Following these transactions, Tysoe’s direct ownership stands at 27,029 shares in the $82.55 billion market cap company.
These transactions highlight Tysoe’s active management of his holdings in Cintas, a leading provider of corporate identity uniforms and related services. The company maintains impressive gross profit margins of nearly 50% and has maintained dividend payments for 33 consecutive years. For deeper insights into Cintas’s financial health and valuation metrics, InvestingPro subscribers can access 15+ additional exclusive ProTips and comprehensive analysis.
In other recent news, Cintas Corporation has reported significant developments that are likely to interest investors. The company announced a quarterly dividend of $0.39 per share, continuing its 41-year streak of annual dividend increases. Additionally, Cintas has experienced a 7.9% organic revenue growth, as reported by RBC Capital, which maintained its Sector Perform rating with a $215 price target. UBS analyst Joshua Chan raised the price target for Cintas to $240, maintaining a Buy rating, following the company’s fiscal third-quarter results and increased fiscal 2025 EPS guidance.
BofA Securities also reinstated coverage on Cintas with a Buy rating and a $250 price target, citing the company’s network effects and sustained EPS growth as key factors. Furthermore, Cintas announced a CFO transition, with Scott Garula set to succeed Mike Hansen, who will retire from the role on May 31, 2025. This leadership change underscores the company’s focus on continuity and strategic financial management. These developments highlight Cintas’ resilience and strategic planning amid macroeconomic uncertainties.
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