Avior Wealth Management LLC Makes New Investment in Aramark $ARMK

Avior Wealth Management LLC purchased a new position in Aramark (NYSE:ARMK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 16,605 shares of the company’s stock, valued at approximately $612,000.

A number of other institutional investors also recently modified their holdings of the company. Steph & Co. increased its position in shares of Aramark by 10.0% during the third quarter. Steph & Co. now owns 3,352 shares of the company’s stock worth $129,000 after buying an additional 306 shares during the period. GAMMA Investing LLC boosted its position in Aramark by 6.8% during the third quarter. GAMMA Investing LLC now owns 7,069 shares of the company’s stock valued at $271,000 after acquiring an additional 450 shares during the last quarter. Cetera Investment Advisers grew its holdings in Aramark by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock worth $347,000 after acquiring an additional 573 shares during the period. Profund Advisors LLC grew its holdings in Aramark by 11.1% during the 3rd quarter. Profund Advisors LLC now owns 5,861 shares of the company’s stock worth $225,000 after acquiring an additional 585 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Aramark in the 3rd quarter worth about $28,000.

Aramark Stock Performance

Shares of Aramark stock opened at $38.91 on Monday. The business has a 50-day simple moving average of $39.71 and a 200 day simple moving average of $38.67. Aramark has a one year low of $29.92 and a one year high of $44.49. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.27 and a quick ratio of 1.13. The firm has a market capitalization of $10.23 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 0.95 and a beta of 1.06.

Aramark (NYSE:ARMK) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.01. Aramark had a return on equity of 16.15% and a net margin of 1.69%.The business had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.76 billion. During the same quarter in the prior year, the company earned $0.51 earnings per share. The company’s quarterly revenue was up 6.1% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, research analysts anticipate that Aramark will post 1.92 earnings per share for the current fiscal year.

Aramark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $0.48 annualized dividend and a yield of 1.2%. Aramark’s dividend payout ratio (DPR) is presently 40.34%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Bank of America initiated coverage on Aramark in a research report on Tuesday, February 17th. They set a “buy” rating and a $50.00 target price on the stock. UBS Group set a $47.00 target price on Aramark and gave the stock a “buy” rating in a report on Wednesday, February 11th. Weiss Ratings restated a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Truist Financial raised their price objective on shares of Aramark from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Stifel Nicolaus lifted their price objective on shares of Aramark from $44.00 to $47.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $48.38.

About Aramark

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.