M&T Bank Corp Has $5.93 Million Stake in Cintas Corporation $CTAS

M&T Bank Corp significantly increased its stake in Cintas Corporation (NASDAQ:CTAS) by 27.4% in the fourth quarter, now holding 31,545 shares valued at $5.93 million. This comes as Cintas reported quarterly earnings generally in line with expectations, announced a $0.45 quarterly dividend, and holds a “Hold” consensus rating among analysts with a target price of $215.17. Institutional investors collectively own 63.46% of Cintas stock.

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