Heartland Advisors Inc. Boosts Holdings in Aramark $ARMK

Heartland Advisors Inc. increased its stake in shares of Aramark (NYSE:ARMK) by 138.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 257,992 shares of the company’s stock after acquiring an additional 149,841 shares during the period. Heartland Advisors Inc. owned about 0.10% of Aramark worth $9,907,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Osterweis Capital Management Inc. acquired a new position in shares of Aramark in the 2nd quarter valued at $40,000. Hantz Financial Services Inc. boosted its position in Aramark by 1,323.1% during the second quarter. Hantz Financial Services Inc. now owns 1,295 shares of the company’s stock worth $54,000 after purchasing an additional 1,204 shares in the last quarter. Rothschild Investment LLC increased its position in shares of Aramark by 3,892.3% in the third quarter. Rothschild Investment LLC now owns 1,557 shares of the company’s stock valued at $60,000 after buying an additional 1,518 shares in the last quarter. Bayforest Capital Ltd lifted its position in shares of Aramark by 75.1% during the 3rd quarter. Bayforest Capital Ltd now owns 2,124 shares of the company’s stock valued at $82,000 after buying an additional 911 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in Aramark by 56.6% in the 2nd quarter. Bessemer Group Inc. now owns 2,209 shares of the company’s stock worth $92,000 after acquiring an additional 798 shares in the last quarter.

Aramark Stock Performance

NYSE ARMK opened at $38.99 on Tuesday. The stock has a market cap of $10.25 billion, a PE ratio of 32.77, a P/E/G ratio of 1.07 and a beta of 1.09. Aramark has a twelve month low of $29.92 and a twelve month high of $44.49. The stock has a fifty day simple moving average of $38.39 and a 200-day simple moving average of $38.55. The company has a current ratio of 1.27, a quick ratio of 1.13 and a debt-to-equity ratio of 1.94.

Aramark (NYSE:ARMK) last announced its earnings results on Tuesday, February 10th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.01. Aramark had a net margin of 1.69% and a return on equity of 16.15%. The company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.76 billion. During the same quarter last year, the firm posted $0.51 earnings per share. Aramark’s revenue was up 6.1% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities analysts anticipate that Aramark will post 1.92 earnings per share for the current year.

Aramark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $0.48 dividend on an annualized basis and a yield of 1.2%. Aramark’s dividend payout ratio (DPR) is currently 40.34%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ARMK. Stifel Nicolaus lifted their target price on shares of Aramark from $44.00 to $47.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Robert W. Baird set a $50.00 price objective on Aramark in a report on Wednesday, February 11th. Citigroup raised their target price on Aramark from $49.00 to $51.00 and gave the company a “buy” rating in a research report on Thursday. UBS Group set a $47.00 price target on Aramark and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a research note on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $47.83.

About Aramark

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.