Natixis Advisors LLC Has $11.73 Million Holdings in Aramark $ARMK

Natixis Advisors LLC raised its holdings in Aramark (NYSE:ARMK) by 12.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 305,462 shares of the company’s stock after acquiring an additional 34,615 shares during the period. Natixis Advisors LLC owned about 0.12% of Aramark worth $11,730,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA grew its holdings in shares of Aramark by 3.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,312,451 shares of the company’s stock valued at $741,598,000 after purchasing an additional 639,423 shares during the last quarter. Norges Bank bought a new position in Aramark in the 2nd quarter valued at approximately $135,218,000. Egerton Capital UK LLP boosted its position in Aramark by 13.2% in the third quarter. Egerton Capital UK LLP now owns 3,204,201 shares of the company’s stock valued at $123,041,000 after buying an additional 374,656 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of Aramark by 8.5% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 2,888,688 shares of the company’s stock worth $110,926,000 after buying an additional 227,301 shares during the last quarter. Finally, Neuberger Berman Group LLC grew its stake in shares of Aramark by 39.9% during the third quarter. Neuberger Berman Group LLC now owns 2,089,164 shares of the company’s stock worth $80,224,000 after buying an additional 595,953 shares during the last quarter.

Aramark Stock Performance

NYSE ARMK opened at $39.94 on Friday. The company has a market capitalization of $10.50 billion, a price-to-earnings ratio of 33.56, a PEG ratio of 0.97 and a beta of 1.06. The company has a quick ratio of 1.13, a current ratio of 1.27 and a debt-to-equity ratio of 1.94. 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 $39.50 and a 200 day simple moving average of $38.65.

Aramark (NYSE:ARMK) last announced its earnings results on Tuesday, February 10th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01. Aramark had a return on equity of 16.15% and a net margin of 1.69%.The firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.76 billion. During the same period in the previous year, the business earned $0.51 EPS. The business’s quarterly 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. Sell-side analysts expect that Aramark will post 1.92 EPS for the current year.

Aramark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were issued a $0.12 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $0.48 annualized dividend and a yield of 1.2%. Aramark’s dividend payout ratio is presently 40.34%.

Analysts Set New Price Targets

A number of research analysts have recently commented on ARMK shares. Morgan Stanley set a $45.00 price target on Aramark in a research note on Tuesday, February 10th. Citigroup upped their target price on Aramark from $49.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a research report on Monday, December 29th. Truist Financial lifted their price target on Aramark from $46.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Finally, UBS Group set a $47.00 price objective on Aramark and gave the company a “buy” rating in a research note on Wednesday, February 11th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $48.38.

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.