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Alps Advisors Inc. Sells 29,957 Shares of Cintas Corporation $CTAS
Alps Advisors Inc. significantly reduced its stake in Cintas Corporation by 67.4%, selling 29,957 shares and retaining 14,468 shares valued at approximately $2.97 million. This comes as Cintas reported slightly better-than-expected quarterly earnings, issued FY2026 EPS guidance, authorized a $1.0 billion share buyback, and declared a $0.45 quarterly dividend. Analysts currently rate Cintas a “Moderate Buy” with a consensus target price of $221.08.