27,651 Shares in Aramark $ARMK Acquired by Permanent Capital Management LP

Permanent Capital Management LP bought a new position in shares of Aramark (NYSE:ARMK) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 27,651 shares of the company’s stock, valued at approximately $1,062,000.

Other institutional investors have also modified their holdings of the company. Osterweis Capital Management Inc. acquired a new stake in shares of Aramark in the second quarter valued at $40,000. Parallel Advisors LLC raised its position in Aramark by 160.7% in the 2nd quarter. Parallel Advisors LLC now owns 1,100 shares of the company’s stock valued at $46,000 after purchasing an additional 678 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Aramark by 241.3% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,116 shares of the company’s stock valued at $47,000 after buying an additional 789 shares during the period. Bayforest Capital Ltd acquired a new position in shares of Aramark during the second quarter worth about $51,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Aramark by 1,323.1% during the second quarter. Hantz Financial Services Inc. now owns 1,295 shares of the company’s stock worth $54,000 after buying an additional 1,204 shares during the period.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Morgan Stanley boosted their price target on shares of Aramark from $43.00 to $44.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a research note on Monday, December 22nd. Robert W. Baird dropped their target price on Aramark from $47.00 to $46.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. UBS Group reaffirmed a “buy” rating on shares of Aramark in a report on Monday, December 1st. Finally, Citigroup increased their price objective on Aramark from $46.50 to $49.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.83.

Aramark Stock Performance

Shares of ARMK stock opened at $37.42 on Monday. The stock’s 50-day moving average is $37.92 and its two-hundred day moving average is $39.46. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.88 and a current ratio of 0.99. Aramark has a 1 year low of $29.92 and a 1 year high of $44.49. The firm has a market cap of $9.84 billion, a price-to-earnings ratio of 30.67, a PEG ratio of 1.32 and a beta of 1.12.

Aramark (NYSE:ARMK) last announced its earnings results on Monday, November 17th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). The firm had revenue of $5.05 billion during the quarter, compared to analyst estimates of $5.16 billion. Aramark had a net margin of 1.76% and a return on equity of 16.39%. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period last year, the company earned $0.54 earnings per share. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Analysts predict that Aramark will post 1.92 earnings per share for the current year.

Aramark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, December 5th. This represents a $0.48 dividend on an annualized basis and a yield of 1.3%. This is an increase from Aramark’s previous quarterly dividend of $0.11. Aramark’s dividend payout ratio (DPR) is currently 39.34%.

About Aramark

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.