135,174 Shares in Aramark $ARMK Purchased by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of Aramark (NYSE:ARMKFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 135,174 shares of the company’s stock, valued at approximately $7,691,000. Danica Pension Livsforsikringsaktieselskab owned 0.05% of Aramark as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ARMK. Capital International Investors raised its stake in Aramark by 1.0% in 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. BlackRock Inc. purchased a new stake in Aramark in the second quarter worth about $1,411,586,000. Janus Henderson Group PLC boosted its position in Aramark by 0.7% during the 4th quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock valued at $670,702,000 after acquiring an additional 128,199 shares in the last quarter. Farallon Capital Management LLC grew its holdings in shares of Aramark by 4.0% during the 4th quarter. Farallon Capital Management LLC now owns 9,357,046 shares of the company’s stock worth $344,901,000 after acquiring an additional 360,844 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of Aramark by 163.1% in the 4th quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock worth $326,580,000 after acquiring an additional 5,492,046 shares in the last quarter.

Wall Street Analysts Forecast Growth

ARMK has been the subject of a number of recent research reports. New Street Research set a $70.00 price target on shares of Aramark in a research report on Thursday, August 13th. Weiss Ratings cut shares of Aramark from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. Morgan Stanley set a $63.00 target price on shares of Aramark in a research note on Tuesday, August 11th. JPMorgan Chase & Co. lifted their target price 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, The Goldman Sachs Group reissued a “buy” rating and issued a $70.00 price target on shares of Aramark in a research report on Wednesday, August 12th. Twelve research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $68.07.

Read Our Latest Analysis on ARMK

Aramark Stock Performance

Shares of ARMK opened at $60.51 on Wednesday. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.28 and a quick ratio of 1.14. Aramark has a one year low of $35.07 and a one year high of $62.65. The firm has a market capitalization of $15.95 billion, a P/E ratio of 42.31, a PEG ratio of 1.10 and a beta of 1.12. The business has a fifty day moving average of $56.62 and a 200 day moving average of $48.55.

Aramark (NYSE:ARMKGet Free Report) last released its earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.04. The company 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%.Aramark’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.40 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, sell-side analysts anticipate that Aramark will post 2.27 EPS for the current 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 dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, August 19th. Aramark’s dividend payout ratio is 33.57%.

Aramark Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Aramark (NYSE:ARMK)

Receive News & Ratings for Aramark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aramark and related companies with MarketBeat.com's FREE daily email newsletter.