Wealth Enhancement Advisory Services LLC Grows Holdings in Aramark $ARMK

Wealth Enhancement Advisory Services LLC raised its position in Aramark (NYSE:ARMK) by 525.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,884 shares of the company’s stock after buying an additional 33,507 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Aramark were worth $1,531,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ARMK. Massachusetts Financial Services Co. MA boosted its holdings in Aramark by 3.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,312,451 shares of the company’s stock valued at $741,598,000 after purchasing an additional 639,423 shares during the last quarter. Norges Bank purchased a new position in shares of Aramark during the 2nd quarter valued at approximately $135,218,000. Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of Aramark by 10.3% during the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 2,661,387 shares of the company’s stock worth $111,432,000 after buying an additional 248,588 shares in the last quarter. Soros Fund Management LLC bought a new stake in shares of Aramark in the second quarter worth $64,902,000. Finally, Ilex Capital Partners UK LLP acquired a new stake in Aramark in the second quarter valued at $52,142,000.

Analysts Set New Price Targets

ARMK has been the subject of several research analyst reports. Robert W. Baird dropped their target price on shares of Aramark from $47.00 to $46.00 and set an “outperform” rating for the company in a research report on Tuesday, November 18th. Stifel Nicolaus set a $44.00 price objective on Aramark in a research note on Monday, November 17th. Morgan Stanley increased their target price on Aramark from $43.00 to $44.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Finally, UBS Group restated a “buy” rating on shares of Aramark in a research note on Tuesday, January 6th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.83.

Aramark Stock Down 0.1%

Shares of Aramark stock opened at $38.45 on Friday. The stock has a market capitalization of $10.11 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 1.28 and a beta of 1.11. Aramark has a twelve month low of $29.92 and a twelve month high of $44.49. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 1.71. The business’s 50 day simple moving average is $38.00 and its 200-day simple moving average is $38.90.

Aramark (NYSE:ARMK) last issued its quarterly earnings data on Monday, November 17th. The company reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). The company had revenue of $5.05 billion for the quarter, compared to the consensus estimate of $5.16 billion. Aramark had a return on equity of 16.39% and a net margin of 1.76%.Aramark’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.54 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Equities research analysts forecast that Aramark will post 1.92 earnings per share for the current year.

Aramark Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th were given a $0.12 dividend. This is a positive change from Aramark’s previous quarterly dividend of $0.11. The ex-dividend date was Friday, December 5th. This represents a $0.48 annualized dividend and a yield of 1.2%. Aramark’s payout ratio is currently 39.34%.

Aramark Profile

Aramark (NYSE: ARMK) is a global provider of food services, facilities management and uniform solutions, serving clients across a wide array of industries including education, healthcare, business and government. The company operates through three primary segments: Food and Support Services, Uniform and Career Apparel, and Facility Services, delivering integrated solutions designed to enhance guest experiences, improve operational efficiencies and maintain safe, clean environments. Aramark’s offerings include corporate dining, patient and senior nutrition, campus dining, sports and entertainment concessions, custodial services, technical maintenance and industrial laundry.

Founded in 1959 and headquartered in Philadelphia, Pennsylvania, Aramark has expanded its footprint to more than 20 countries, with a strong presence in North America, Latin America, Europe and Asia.