Louisiana State Employees Retirement System Takes Position in Aramark $ARMK

Louisiana State Employees Retirement System acquired a new stake in shares of Aramark (NYSE:ARMK) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 76,200 shares of the company’s stock, valued at approximately $3,089,000.

Several other hedge funds also recently bought and sold shares of ARMK. Capital International Investors increased its holdings in shares of Aramark by 1.0% during the 4th quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock valued at $917,789,000 after acquiring an additional 247,594 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in Aramark by 0.7% in the 4th quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock worth $670,702,000 after purchasing an additional 128,199 shares during the last quarter. Farallon Capital Management LLC lifted its holdings in Aramark by 4.0% in the 4th quarter. Farallon Capital Management LLC now owns 9,357,046 shares of the company’s stock worth $344,901,000 after purchasing an additional 360,844 shares during the last quarter. AQR Capital Management LLC boosted its position in Aramark by 163.1% during the fourth quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock worth $326,580,000 after purchasing an additional 5,492,046 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Aramark by 7.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,308,284 shares of the company’s stock valued at $232,532,000 after purchasing an additional 413,593 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ARMK. Stifel Nicolaus lifted their price objective on Aramark from $47.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Citigroup increased their target price on Aramark from $63.00 to $70.50 and gave the company a “buy” rating in a research note on Monday, June 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research report on Friday, March 27th. Bank of America upped their price target on Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Finally, Morgan Stanley increased their price objective on Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Aramark has an average rating of “Moderate Buy” and a consensus price target of $56.96.

Aramark Stock Performance

NYSE ARMK opened at $56.09 on Monday. Aramark has a 1-year low of $35.07 and a 1-year high of $56.23. The company has a 50 day moving average of $50.64 and a 200-day moving average of $43.51. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. The firm has a market cap of $14.75 billion, a price-to-earnings ratio of 41.86, a PEG ratio of 1.15 and a beta of 1.12.

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 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 company’s revenue was up 14.7% on a year-over-year basis. 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. On average, equities analysts forecast that Aramark will post 2.24 earnings per share for the current fiscal year.

Aramark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were issued 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 payout ratio is currently 35.82%.

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.