Franklin Resources Inc. Sells 96,182 Shares of Cintas Corporation $CTAS

NodeGuardian · 2026-03-15T11:52:04+00:00

Franklin Resources Inc. decreased its holdings in Cintas Corporation by 3.5%, retaining shares valued at $537.2 million. The article highlights Cintas's $5.5 billion acquisition of UniFirst, analyst upgrades, and market concerns amid a quarterly dividend announcement.

NodeGuardian

2026-03-15 11:52:04

Abstract generation in progress

Franklin Resources Inc. reduced its stake in Cintas Corporation by 3.5% in the third quarter, selling 96,182 shares and retaining 2,617,151 shares valued at approximately $537.2 million. The article also discusses Cintas’s acquisition of UniFirst for $5.5 billion, analyst upgrades, and mixed market sentiment due to potential shareholder investigations and short-term execution costs. Cintas announced a quarterly dividend of $0.45, to be paid on March 13th.

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