SG Americas Securities LLC Cuts Position in Aramark $ARMK

SG Americas Securities LLC trimmed its position in shares of Aramark (NYSE:ARMK) by 75.6% during the 3rd quarter, Holdings Channel reports. The fund owned 5,236 shares of the company’s stock after selling 16,191 shares during the period. SG Americas Securities LLC’s holdings in Aramark were worth $201,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HB Wealth Management LLC bought a new stake in Aramark in the third quarter worth $210,000. Merit Financial Group LLC bought a new stake in shares of Aramark in the 3rd quarter worth about $309,000. Permanent Capital Management LP purchased a new stake in shares of Aramark during the 3rd quarter valued at about $1,062,000. CWM LLC lifted its holdings in shares of Aramark by 4,229.0% in the 3rd quarter. CWM LLC now owns 59,350 shares of the company’s stock valued at $2,279,000 after acquiring an additional 57,979 shares during the last quarter. Finally, Pacer Advisors Inc. purchased a new position in Aramark in the third quarter worth about $1,341,000.

Aramark Stock Performance

ARMK stock opened at $38.48 on Thursday. Aramark has a twelve month low of $29.92 and a twelve month high of $44.49. The firm has a market cap of $10.11 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 1.29 and a beta of 1.11. The business’s fifty day simple moving average is $37.95 and its two-hundred day simple moving average is $38.97. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 1.71.

Aramark (NYSE:ARMK) last posted its quarterly earnings results on Monday, November 17th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.08). The company had revenue of $5.05 billion during the quarter, compared to analysts’ expectations of $5.16 billion. Aramark had a return on equity of 16.39% and a net margin of 1.76%.The company’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.54 EPS. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Analysts predict that Aramark will post 1.92 earnings per share for the current year.

Aramark Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were issued a $0.12 dividend. The ex-dividend date was Friday, December 5th. This is a positive change from Aramark’s previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Aramark’s dividend payout ratio (DPR) is presently 39.34%.

Analyst Upgrades and Downgrades

ARMK has been the topic of a number of recent research reports. Citigroup upped their price objective on Aramark from $46.50 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, November 19th. Morgan Stanley increased their price target on Aramark from $43.00 to $44.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. UBS Group reaffirmed a “buy” rating on shares of Aramark in a research note on Tuesday, January 6th. Stifel Nicolaus set a $44.00 price objective on shares of Aramark in a research report on Monday, November 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Aramark has a consensus rating of “Moderate Buy” and an average target price of $45.83.

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.