21,704 Shares in Aramark $ARMK Bought by OP Asset Management Ltd

OP Asset Management Ltd purchased a new position in Aramark (NYSE:ARMK) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,704 shares of the company’s stock, valued at approximately $880,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ARMK. Capital International Investors lifted its stake in shares of Aramark by 1.0% in 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 grew its position in Aramark by 0.7% during the 4th quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock worth $670,702,000 after acquiring an additional 128,199 shares during the last quarter. Farallon Capital Management LLC grew its position in Aramark by 4.0% during the 4th quarter. Farallon Capital Management LLC now owns 9,357,046 shares of the company’s stock worth $344,901,000 after acquiring an additional 360,844 shares during the last quarter. AQR Capital Management LLC increased its stake in Aramark by 163.1% in the 4th 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 lifted its position in Aramark by 7.0% in 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.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Citigroup lifted their target price on shares of Aramark from $63.00 to $70.50 and gave the stock a “buy” rating in a research note on Monday, June 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $51.00 price target on shares of Aramark in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research note on Friday, March 27th. Truist Financial increased their target price on shares of Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Morgan Stanley raised their target price on Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Aramark currently has an average rating of “Moderate Buy” and a consensus price target of $58.29.

Aramark Stock Performance

Shares of ARMK opened at $56.21 on Tuesday. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07. Aramark has a one year low of $35.07 and a one year high of $56.31. The company has a 50-day simple moving average of $50.88 and a two-hundred day simple moving average of $43.64. The firm has a market capitalization of $14.78 billion, a PE ratio of 41.94, a price-to-earnings-growth ratio of 1.15 and a beta of 1.12.

Aramark (NYSE:ARMK) last posted 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. Aramark had a return on equity of 17.05% and a net margin of 1.84%.The firm had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.75 billion. During the same quarter in the prior year, the business earned $0.35 EPS. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, analysts anticipate that Aramark will post 2.24 EPS for the current fiscal year.

Aramark Dividend Announcement

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