Natixis Advisors LLC Sells 18,024 Shares of Aramark $ARMK

Natixis Advisors LLC cut its stake in shares of Aramark (NYSE:ARMK) by 5.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 287,438 shares of the company’s stock after selling 18,024 shares during the quarter. Natixis Advisors LLC’s holdings in Aramark were worth $10,595,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ARMK. Norges Bank bought a new stake in shares of Aramark during the 4th quarter valued at approximately $128,738,000. Junto Capital Management LP bought a new stake in shares of Aramark during the 3rd quarter valued at approximately $132,157,000. Cooke & Bieler LP bought a new stake in shares of Aramark during the 4th quarter valued at approximately $118,110,000. AQR Capital Management LLC grew its holdings in shares of Aramark by 281.1% during the 3rd quarter. AQR Capital Management LLC now owns 3,367,964 shares of the company’s stock valued at $129,296,000 after purchasing an additional 2,484,319 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Aramark by 176.8% during the 3rd quarter. Invesco Ltd. now owns 1,878,371 shares of the company’s stock valued at $72,129,000 after purchasing an additional 1,199,729 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $54.00 price target on shares of Aramark in a report on Wednesday, May 13th. Robert W. Baird boosted their target price on shares of Aramark from $50.00 to $58.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Morgan Stanley boosted their target price on shares of Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 13th. Bank of America boosted their target price on shares of Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Aramark from $49.00 to $55.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Eleven 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $54.50.

Aramark Stock Up 0.2%

Shares of NYSE ARMK opened at $53.45 on Friday. The company has a market capitalization of $14.05 billion, a P/E ratio of 39.89, a price-to-earnings-growth ratio of 1.10 and a beta of 1.12. Aramark has a 52-week low of $35.07 and a 52-week high of $54.57. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21. The company’s 50 day moving average price is $47.12 and its 200-day moving average price is $41.71.

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

Aramark Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were given a $0.12 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.9%. Aramark’s payout ratio is 35.82%.

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.