Landscape Capital Management L.L.C. purchased a new position in shares of Aramark (NYSE:ARMK – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 121,188 shares of the company’s stock, valued at approximately $4,467,000.
A number of other large investors have also added to or reduced their stakes in the stock. Capital International Investors grew its position in Aramark by 1.0% during the fourth quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock worth $917,789,000 after buying an additional 247,594 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Aramark by 7.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,308,284 shares of the company’s stock worth $232,532,000 after buying an additional 413,593 shares in the last quarter. Milford Funds Ltd. acquired a new stake in Aramark during the fourth quarter worth approximately $181,204,000. Geode Capital Management LLC grew its position in Aramark by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 4,677,911 shares of the company’s stock worth $172,464,000 after buying an additional 56,404 shares in the last quarter. Finally, Norges Bank acquired a new stake in Aramark during the fourth quarter worth approximately $128,738,000.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on ARMK shares. Citigroup reissued a “buy” rating on shares of Aramark in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $54.00 target price on shares of Aramark in a report on Wednesday, May 13th. Robert W. Baird raised their target price on Aramark from $50.00 to $58.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Truist Financial raised their target price on Aramark from $50.00 to $58.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada raised their target price on Aramark from $47.00 to $55.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $55.33.
Aramark Stock Down 0.5%
NYSE:ARMK opened at $54.28 on Friday. The firm’s 50 day simple moving average is $48.44 and its 200 day simple moving average is $42.30. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.21 and a quick ratio of 1.07. Aramark has a one year low of $35.07 and a one year high of $54.93. The company has a market cap of $14.27 billion, a PE ratio of 40.51, a P/E/G ratio of 1.12 and a beta of 1.12.
Aramark (NYSE:ARMK – Get Free Report) last posted its 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 business had revenue of $4.91 billion for the quarter, compared to the consensus estimate 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 period last year, the company earned $0.35 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, research analysts anticipate that Aramark will post 2.24 earnings per share for the current year.
Aramark Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.48 annualized dividend and a yield of 0.9%. Aramark’s payout ratio is presently 35.82%.
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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