Capital Group Private Client Services Inc. Has $4.91 Million Stock Holdings in Aramark $ARMK

Capital Group Private Client Services Inc. cut its stake in shares of Aramark (NYSE:ARMK) by 22.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 133,294 shares of the company’s stock after selling 38,882 shares during the period. Capital Group Private Client Services Inc.’s holdings in Aramark were worth $4,913,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Activest Wealth Management acquired a new position in Aramark during the fourth quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd acquired a new position in Aramark during the third quarter valued at approximately $28,000. Quarry LP acquired a new position in Aramark during the third quarter valued at approximately $35,000. Osterweis Capital Management Inc. acquired a new position in Aramark during the second quarter valued at approximately $40,000. Finally, Torren Management LLC acquired a new position in Aramark during the fourth quarter valued at approximately $43,000.

Aramark Price Performance

Shares of NYSE ARMK opened at $53.45 on Monday. The firm has a market cap of $14.05 billion, a P/E ratio of 39.89, a price-to-earnings-growth ratio of 1.10 and a beta of 1.12. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. Aramark has a 1-year low of $35.07 and a 1-year high of $54.57. The business’s 50 day moving average is $47.12 and its 200-day moving average is $41.75.

Aramark (NYSE:ARMK) last announced its earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.75 billion. Aramark had a return on equity of 17.05% and a net margin of 1.84%.The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities research analysts predict that Aramark will post 2.24 earnings per share for the current year.

Aramark Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, May 20th. Aramark’s dividend payout ratio (DPR) is 35.82%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Oppenheimer raised their price objective on Aramark from $43.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, March 25th. Stifel Nicolaus raised their price objective on Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research report on Friday, March 27th. Truist Financial raised their price objective on Aramark from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Finally, Bank of America raised their price objective on Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $54.50.

Aramark Company 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.