Capital International Investors Increases Stake in Aramark $ARMK

Capital International Investors increased its holdings in Aramark (NYSE:ARMK) by 1.0% in the 4th quarter, Holdings Channel reports. The fund owned 24,894,503 shares of the company’s stock after buying an additional 247,594 shares during the quarter. Capital International Investors owned 0.09% of Aramark worth $917,789,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Norges Bank purchased a new stake in Aramark in the fourth quarter worth about $128,738,000. Junto Capital Management LP purchased a new stake in Aramark in the third quarter worth about $132,157,000. Cooke & Bieler LP purchased a new stake in Aramark in the fourth quarter worth about $118,110,000. Pinebridge Investments LLC purchased a new stake in Aramark in the fourth quarter worth about $97,780,000. Finally, AQR Capital Management LLC grew its holdings in Aramark by 281.1% in the third quarter. AQR Capital Management LLC now owns 3,367,964 shares of the company’s stock worth $129,296,000 after purchasing an additional 2,484,319 shares during the period.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Truist Financial upped their price objective on shares of Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. upped their price objective on shares of Aramark from $49.00 to $55.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Robert W. Baird upped their price objective on shares of Aramark from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and issued a $51.00 price objective on shares of Aramark in a report on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Aramark in a report on Friday, March 27th. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Aramark has an average rating of “Moderate Buy” and a consensus target price of $54.50.

Aramark Stock Up 0.1%

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

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

Aramark Dividend Announcement

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

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.