Janus Henderson Group PLC Has $729.10 Million Stock Position in Aramark $ARMK

Janus Henderson Group PLC lowered its stake in Aramark (NYSE:ARMK) by 1.2% during the first quarter, Holdings Channel reports. The firm owned 17,984,812 shares of the company’s stock after selling 211,089 shares during the period. Janus Henderson Group PLC owned approximately 0.07% of Aramark worth $729,104,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC grew its stake in Aramark by 163.1% during the fourth quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock worth $326,580,000 after buying an additional 5,492,046 shares in the last quarter. Milford Funds Ltd. acquired a new position in shares of Aramark in the 4th quarter valued at approximately $181,204,000. Norges Bank acquired a new position in shares of Aramark in the 4th quarter valued at approximately $128,738,000. Cooke & Bieler LP bought a new stake in shares of Aramark during the 4th quarter worth approximately $118,110,000. Finally, Pinebridge Investments LLC acquired a new stake in shares of Aramark during the 4th quarter worth approximately $97,780,000.

Analyst Ratings Changes

A number of brokerages recently issued reports on ARMK. Bank of America lifted their price objective on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Oppenheimer upped their target price on Aramark from $60.00 to $65.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. Morgan Stanley lifted their price target on Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 13th. Citigroup boosted their price target on Aramark from $63.00 to $70.50 and gave the stock a “buy” rating in a report on Monday, June 22nd. Finally, Robert W. Baird set a $63.00 price objective on Aramark in a research report on Friday, July 24th. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $60.62.

Aramark Trading Down 0.3%

Shares of Aramark stock opened at $57.23 on Thursday. The firm’s 50 day moving average is $55.08 and its 200 day moving average is $46.63. The firm has a market capitalization of $15.05 billion, a PE ratio of 42.71, a price-to-earnings-growth ratio of 1.09 and a beta of 1.11. Aramark has a 1 year low of $35.07 and a 1 year high of $58.68. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85.

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

Aramark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. Aramark’s dividend payout ratio is 35.82%.

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.