started · updated
Cintas Corp sees institutional investors reshape holdings in Q4
Clearbridge Investments LLC reduced its stake in Cintas Corporation by 5.2% in the fourth quarter, selling 55,694 shares and ending the period with 1,005,754 shares, about 0.25% of the company valued at roughly $189 million.
Los Angeles Capital Management LLC cut its Cintas position by 39.2% during the same quarter, disposing of 203,932 shares and finishing with 316,810 shares, representing about 0.08% of the business and worth roughly $58 million.
Both filings note that institutional investors collectively own about 63.46% of Cintas. The company reported fourth‑quarter earnings of $1.24 per share, revenue of $2.84 billion (up 8.9% year‑over‑year), and announced a quarterly dividend of $0.45 per share payable on June 15.