Fieldview Capital Management LLC Decreases Stock Holdings in Aramark $ARMK

Fieldview Capital Management LLC trimmed its position in shares of Aramark (NYSE:ARMK) by 45.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,670 shares of the company’s stock after selling 33,772 shares during the quarter. Fieldview Capital Management LLC’s holdings in Aramark were worth $1,499,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Focus Partners Wealth lifted its position in shares of Aramark by 1.1% during the fourth quarter. Focus Partners Wealth now owns 615,473 shares of the company’s stock valued at $22,718,000 after buying an additional 6,740 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new stake in shares of Aramark during the fourth quarter valued at about $4,467,000. Kestra Advisory Services LLC purchased a new stake in shares of Aramark during the fourth quarter valued at about $32,000. FORA Capital LLC purchased a new stake in shares of Aramark during the fourth quarter valued at about $443,000. Finally, Ontario Teachers Pension Plan Board purchased a new stake in shares of Aramark during the fourth quarter valued at about $1,235,000.

Aramark Price Performance

Shares of NYSE ARMK opened at $54.28 on Monday. The firm has a market cap of $14.27 billion, a PE ratio of 40.51, a PEG ratio of 1.12 and a beta of 1.12. The firm has a fifty day moving average of $48.44 and a 200 day moving average of $42.33. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21. Aramark has a one year low of $35.07 and a one year high of $54.93.

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

Aramark Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ARMK. Citigroup restated a “buy” rating on shares of Aramark in a report on Monday, May 18th. Truist Financial increased their price objective on shares of Aramark from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Stifel Nicolaus increased their price objective on shares of Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Morgan Stanley increased their price objective on shares of Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Finally, Oppenheimer increased their price objective on shares of Aramark from $50.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Aramark presently has a consensus rating of “Moderate Buy” and an average price target of $55.33.

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.