Entropy Technologies LP Makes New Investment in Aramark $ARMK

Entropy Technologies LP bought a new stake in Aramark (NYSE:ARMK) during the 1st quarter, HoldingsChannel.com reports. The fund bought 62,958 shares of the company’s stock, valued at approximately $2,552,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Activest Wealth Management acquired a new position in shares of Aramark in the fourth quarter valued at about $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aramark during the third quarter worth about $28,000. Cedar Mountain Advisors LLC purchased a new stake in Aramark in the first quarter valued at approximately $32,000. Kestra Advisory Services LLC purchased a new stake in Aramark in the fourth quarter valued at approximately $32,000. Finally, Quarry LP acquired a new position in Aramark in the 3rd quarter worth approximately $35,000.

Aramark Stock Down 0.1%

Shares of ARMK opened at $57.15 on Monday. 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 12 month low of $35.07 and a 12 month high of $58.68. The stock’s 50 day moving average is $54.75 and its two-hundred day moving average is $46.23. The firm has a market cap of $15.03 billion, a P/E ratio of 42.65, a PEG ratio of 1.09 and a beta of 1.11.

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

Aramark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. Aramark’s payout ratio is presently 35.82%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ARMK shares. Royal Bank Of Canada raised their target price on shares of Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Bank of America upped their price target on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. UBS Group reaffirmed a “buy” rating and set a $67.00 price target on shares of Aramark in a research report on Monday, July 13th. JPMorgan Chase & Co. lifted their price objective on Aramark from $49.00 to $55.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Finally, Robert W. Baird set a $63.00 price objective on Aramark in a report on Friday. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $59.62.

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.