Focus Partners Advisor Solutions LLC Takes $769,000 Position in Aramark $ARMK

Focus Partners Advisor Solutions LLC acquired a new stake in Aramark (NYSE:ARMK) in the second quarter, Holdings Channel.com reports. The fund acquired 13,516 shares of the company’s stock, valued at approximately $769,000.

A number of other institutional investors also recently bought and sold shares of the company. Activest Wealth Management acquired a new position in Aramark in the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aramark during the 3rd quarter worth approximately $28,000. Cedar Mountain Advisors LLC purchased a new stake in shares of Aramark during the 1st quarter valued at approximately $32,000. Kestra Advisory Services LLC acquired a new position in Aramark in the fourth quarter valued at approximately $32,000. Finally, Elevation Wealth Partners LLC lifted its holdings in Aramark by 2,842.9% in the second quarter. Elevation Wealth Partners LLC now owns 618 shares of the company’s stock valued at $35,000 after acquiring an additional 597 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ARMK shares. UBS Group raised their target price on Aramark from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Weiss Ratings lowered Aramark from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. New Street Research set a $70.00 price target on Aramark in a report on Thursday. JPMorgan Chase & Co. boosted their price objective on shares of Aramark from $55.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Finally, Jefferies Financial Group increased their target price on shares of Aramark from $62.00 to $70.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Twelve research 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 company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.07.

Aramark Price Performance

Shares of ARMK opened at $61.83 on Tuesday. The company has a market cap of $16.30 billion, a P/E ratio of 43.24, a PEG ratio of 1.10 and a beta of 1.12. 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 has a fifty-two week low of $35.07 and a fifty-two week high of $62.65. The firm’s 50 day moving average price is $56.48 and its 200 day moving average price is $48.40.

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

Aramark Dividend Announcement

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