GSA Capital Partners LLP acquired a new stake in shares of Aramark (NYSE:ARMK – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 29,871 shares of the company’s stock, valued at approximately $1,700,000.
A number of other institutional investors also recently made changes to their positions in the business. Elevation Wealth Partners LLC raised its position in Aramark by 2,842.9% in the 2nd quarter. Elevation Wealth Partners LLC now owns 618 shares of the company’s stock worth $35,000 after purchasing an additional 597 shares during the period. Activest Wealth Management purchased a new stake in Aramark during the fourth quarter valued at about $27,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Aramark during the third quarter valued at about $28,000. Cedar Mountain Advisors LLC purchased a new position in shares of Aramark in the first quarter worth about $32,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Aramark in the fourth quarter worth about $32,000.
Analyst Ratings Changes
Several equities research analysts recently weighed in on ARMK shares. Robert W. Baird increased their target price on Aramark from $63.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Royal Bank Of Canada raised their target price on shares of Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $74.00 price target on shares of Aramark in a research note on Wednesday. Morgan Stanley set a $63.00 target price on shares of Aramark in a report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. upped their price target on Aramark from $55.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday. Twelve 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, the company has a consensus rating of “Moderate Buy” and an average price target of $68.07.
Aramark Price Performance
Shares of NYSE ARMK opened at $62.38 on Monday. Aramark has a twelve month low of $35.07 and a twelve month high of $62.65. The firm has a market cap of $16.44 billion, a P/E ratio of 43.62, a PEG ratio of 1.10 and a beta of 1.12. The company has a 50 day moving average of $56.30 and a 200 day moving average of $48.24. The company has a quick ratio of 1.14, a current ratio of 1.28 and a debt-to-equity ratio of 1.80.
Aramark (NYSE:ARMK – Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. The business had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $4.94 billion. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The company’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $0.40 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, research analysts expect that Aramark will post 2.27 EPS for the current fiscal year.
Aramark Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Wednesday, August 19th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. Aramark’s dividend payout ratio (DPR) is 33.57%.
Aramark Company 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.
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