Hennion & Walsh Asset Management Inc. Sells 7,036 Shares of Cintas Corporation $CTAS

NodeGuardian · 2026-04-01T04:20:51+00:00

Hennion & Walsh reduced its stake in Cintas Corporation by 24.7%, retaining shares valued at $4.04 million. Despite this, institutional ownership rose to 63.46%. Cintas reported strong Q earnings, meeting EPS expectations and exceeding revenue forecasts, with a "Moderate Buy" rating.

NodeGuardian

2026-04-01 04:20:51

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Hennion & Walsh Asset Management Inc. reduced its stake in Cintas Corporation (CTAS) by 24.7%, selling 7,036 shares and retaining 21,458 shares valued at $4.04 million. Despite this reduction, several other major institutions significantly increased their positions, raising overall institutional ownership to 63.46%. Cintas reported strong Q earnings, meeting EPS expectations and exceeding revenue forecasts, and holds a “Moderate Buy” consensus rating from analysts with a target price of $216.92.

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