Hsbc Holdings PLC Has $8.69 Million Stake in Aramark $ARMK

Hsbc Holdings PLC cut its stake in shares of Aramark (NYSE:ARMK) by 58.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 235,579 shares of the company’s stock after selling 328,681 shares during the quarter. Hsbc Holdings PLC owned approximately 0.09% of Aramark worth $8,688,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd raised its position in shares of Aramark by 413.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,807 shares of the company’s stock worth $140,000 after acquiring an additional 3,065 shares during the last quarter. Compound Planning Inc. bought a new stake in Aramark in the fourth quarter valued at approximately $372,000. Invesco Ltd. increased its position in Aramark by 12.6% during the 4th quarter. Invesco Ltd. now owns 2,114,597 shares of the company’s stock valued at $77,944,000 after purchasing an additional 236,226 shares during the period. Corient Private Wealth LLC raised its holdings in Aramark by 16.0% during the 4th quarter. Corient Private Wealth LLC now owns 10,281 shares of the company’s stock worth $379,000 after purchasing an additional 1,418 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Aramark by 155.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 90,641 shares of the company’s stock worth $3,341,000 after purchasing an additional 55,144 shares during the period.

Aramark Stock Up 2.4%

Shares of NYSE ARMK opened at $56.09 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 1.85. The firm has a market cap of $14.75 billion, a PE ratio of 41.86, a P/E/G ratio of 1.13 and a beta of 1.12. The company’s fifty day simple moving average is $50.64 and its 200 day simple moving average is $43.46. Aramark has a 12-month low of $35.07 and a 12-month high of $56.23.

Aramark (NYSE:ARMK) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm had revenue of $4.91 billion during 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 business’s revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.35 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, sell-side analysts forecast that Aramark will post 2.24 earnings per share for the current fiscal year.

Aramark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a $0.12 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 annualized dividend and a yield of 0.9%. Aramark’s dividend payout ratio is presently 35.82%.

Analyst Ratings Changes

Several research firms have recently weighed in on ARMK. Morgan Stanley increased their price objective on shares of Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 13th. Stifel Nicolaus upped their price target on shares of Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. increased their price target on Aramark from $49.00 to $55.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $54.00 price objective on shares of Aramark in a research note on Wednesday, May 13th. Finally, UBS Group raised their target price on Aramark from $48.00 to $56.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Eleven 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $56.96.

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.