Cintas Corporation (CTAS) Dropped -11% in Q4

From Yahoo Finance: 2025-04-07 08:24:00

TimesSquare Capital Management released its “U.S. Focus Growth Strategy” Q4 2024 investor letter, showing a -1.35% (gross) and -1.56% (net) return compared to the Russell Midcap Growth Index’s 8.14%. The strategy focused on small to mid-cap growth equities with the highest valuation, lowest quality, or highest risk for gains.

In Q4 2024, TimesSquare Capital Management highlighted Cintas Corporation, a provider of corporate identity uniforms and services. Cintas Corporation’s stock had a one-month return of -5.12% and gained 12.39% over the last 52 weeks. On April 4, 2025, its stock closed at $190.33 per share with a market cap of $76.853 billion.

TimesSquare Capital Management discussed Cintas Corporation in its Q4 2024 letter, noting drops in various industrial positions, including Cintas. Despite positive earnings and steady uniform sales, there was a pullback in organic growth, impacting First Aid and Fire product sales. CTAS saw an -11% drop, prompting position trimming.

Cintas Corporation is held by 56 hedge fund portfolios, an increase from the previous quarter. In Q3 fiscal 2025, its revenue rose by 8.4% to $2.61 billion. While Cintas shows investment potential, TimesSquare Capital Management believes AI stocks offer greater returns in a shorter timeframe. Consider exploring AI stocks for promising investments.

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