9,569 Shares in Aramark $ARMK Acquired by Vise Technologies Inc.

Vise Technologies Inc. purchased a new position in Aramark (NYSE:ARMK) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 9,569 shares of the company’s stock, valued at approximately $544,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Aramark in the second quarter valued at $1,411,586,000. AQR Capital Management LLC increased its stake in Aramark by 163.1% during the 4th 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 during the period. Milford Funds Ltd. acquired a new position in Aramark in the 4th quarter worth $181,204,000. Norges Bank acquired a new position in Aramark in the 4th quarter worth $128,738,000. Finally, Cooke & Bieler LP acquired a new stake in shares of Aramark during the fourth quarter valued at about $118,110,000.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $70.00 target price on shares of Aramark in a research report on Wednesday, August 12th. Oppenheimer raised their price objective on Aramark from $60.00 to $65.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Weiss Ratings downgraded Aramark from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. New Street Research set a $70.00 target price on Aramark in a research report on Thursday, August 13th. Finally, JPMorgan Chase & Co. increased their target price on Aramark from $55.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Twelve investment 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 currently has an average rating of “Moderate Buy” and an average target price of $69.14.

Aramark Stock Performance

Shares of Aramark stock opened at $59.32 on Tuesday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65. The firm’s 50-day simple moving average is $57.06 and its 200-day simple moving average is $49.15. The firm has a market cap of $15.64 billion, a PE ratio of 41.49, a price-to-earnings-growth ratio of 1.05 and a beta of 1.12.

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

Aramark Announces Dividend

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