EFG International AG Invests $887,000 in Aramark $ARMK

EFG International AG purchased a new stake in Aramark (NYSE:ARMK) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,588 shares of the company’s stock, valued at approximately $887,000.

Several other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Aramark during the 2nd quarter worth $1,411,586,000. AQR Capital Management LLC increased its stake in shares of Aramark by 163.1% in the 4th quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock valued at $326,580,000 after buying an additional 5,492,046 shares during the period. Milford Funds Ltd. acquired a new position in shares of Aramark during the fourth quarter valued at $181,204,000. Norges Bank acquired a new position in shares of Aramark during the fourth quarter valued at $128,738,000. Finally, Cooke & Bieler LP bought a new position in Aramark in the fourth quarter valued at about $118,110,000.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ARMK shares. Citigroup upped their target price on shares of Aramark from $70.50 to $74.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. The Goldman Sachs Group reissued a “buy” rating and set a $70.00 price target on shares of Aramark in a research note on Wednesday, August 12th. Truist Financial increased their price objective on shares of Aramark from $58.00 to $70.00 and gave the company a “buy” rating in a report on Monday, July 27th. Oppenheimer lifted their target price on shares of Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Finally, Jefferies Financial Group upped their target price on shares of Aramark from $62.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $69.14.

Aramark Price Performance

Aramark stock opened at $58.88 on Friday. The firm has a market capitalization of $15.52 billion, a P/E ratio of 41.17, a PEG ratio of 1.05 and a beta of 1.12. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65. The business has a 50-day moving average of $57.38 and a 200-day moving average of $49.59. The company has a current ratio of 1.28, a quick ratio of 1.14 and a debt-to-equity ratio of 1.80.

Aramark (NYSE:ARMK) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. Aramark had a net margin of 1.93% and a return on equity of 17.68%. The business had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $4.94 billion. During the same period last year, the company posted $0.40 EPS. Aramark’s revenue for the quarter was up 9.3% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities analysts anticipate that Aramark will post 2.27 EPS for the current year.

Aramark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.48 annualized dividend and a yield of 0.8%. Aramark’s dividend payout ratio (DPR) is 33.57%.

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.