Cintas to Report Q1 2027 Earnings Amid Insider Sales
Cintas reports Q1 2027 results on Sept 23 with consensus revenue of $3.04 billion and EPS of $1.38, following recent insider selling.
Key points
- Cintas expects Q1 2027 revenue of $3.04 billion and EPS of $1.38, building on 8.9% year-over-year growth in the prior quarter.
- Insiders sold approximately $3.56 million worth of shares in the last six months, with no buybacks reported during the same period.
- Invesco and JPMorgan increased their holdings significantly in Q2 2026, while Winslow Capital fully exited its position in Q1 2026.
Cintas ($CTAS) will disclose its first-quarter fiscal 2027 financial results on Wednesday, September 23, before the market opens. Consensus estimates project revenue of $3,037,224,828 and earnings per share of $1.38, positioning the uniform rental giant against a backdrop of significant recent institutional activity and internal share transactions.
The company’s previous quarter, Q4 2026, recorded revenue of $2.9 billion, representing an 8.9% year-over-year increase. This growth trajectory sets the baseline for the upcoming report, while Quiver Quantitative data highlights a period of mixed sentiment among institutional holders and a net reduction in insider shareholdings over the last six months.
Insider Transactions Show Net Selling
Corporate insiders have executed three open-market sales of Cintas stock in the past six months, with no corresponding purchases. Melanie W. Barstad sold 9,142 shares for an estimated $1,855,277, while Ronald W. Tysoe disposed of 9,029 shares for approximately $1,706,771 across two transactions. This pattern of net selling contrasts with the broader institutional trend, where many large funds have increased their stakes in the company.
Institutional Investors Adjust Portfolio Stakes
Recent 13F filings reveal a complex shift in institutional ownership, with 647 investors adding shares while 841 reduced their positions. In the second quarter of 2026, Invesco Ltd. significantly expanded its holding by 8,983,825 shares, a 195.5% increase worth an estimated $1.53 billion. Similarly, JPMorgan Chase & Co. and Sixth Street Partners added substantial positions, valued at $265 million and $371 million respectively, indicating strong conviction from major asset managers.
Conversely, Winslow Capital Management exited its position entirely in the first quarter of 2026, removing 1,822,369 shares valued at approximately $308 million. Other notable additions include Bank of New York Mellon Corp, which increased its stake by 71.3% to a value of $268 million, and Vontobel Holding, which saw its position grow by 1,253.1% to an estimated $217 million. These moves reflect a divergence in strategy among institutional players.
Government Contracts Remain Minor Revenue Source
Public sector business constitutes a negligible portion of Cintas’s total revenue, with total award payments amounting to only $101,490 over the last year. The largest individual contract, for uniform rental with laundry services, was valued at $43,759. Other awards included uniform deliveries for the U.S. Coast Guard and general uniform supply contracts, each worth between $5,000 and $10,800. This data underscores the company's primary reliance on the commercial and industrial private sector rather than federal or state government clients.
