Channing Capital Management LLC Has $9.24 Million Stock Position in Aramark $ARMK

Channing Capital Management LLC cut its stake in shares of Aramark (NYSE:ARMK) by 14.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 240,649 shares of the company’s stock after selling 39,383 shares during the period. Channing Capital Management LLC owned 0.09% of Aramark worth $9,241,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Osterweis Capital Management Inc. acquired a new stake in shares of Aramark in the 2nd quarter valued at approximately $40,000. Hantz Financial Services Inc. lifted its stake in Aramark by 1,323.1% in the second quarter. Hantz Financial Services Inc. now owns 1,295 shares of the company’s stock valued at $54,000 after acquiring an additional 1,204 shares during the last quarter. Rothschild Investment LLC grew its position in shares of Aramark by 3,892.3% in the 3rd quarter. Rothschild Investment LLC now owns 1,557 shares of the company’s stock valued at $60,000 after acquiring an additional 1,518 shares during the period. Bayforest Capital Ltd increased its stake in shares of Aramark by 75.1% during the 3rd quarter. Bayforest Capital Ltd now owns 2,124 shares of the company’s stock worth $82,000 after purchasing an additional 911 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of Aramark by 56.6% in the 2nd quarter. Bessemer Group Inc. now owns 2,209 shares of the company’s stock valued at $92,000 after purchasing an additional 798 shares during the period.

Analysts Set New Price Targets

ARMK has been the topic of a number of recent analyst reports. Bank of America initiated coverage on Aramark in a research report on Tuesday, February 17th. They set a “buy” rating and a $50.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a research note on Monday, December 29th. Robert W. Baird set a $50.00 price target on Aramark in a research note on Wednesday, February 11th. Citigroup lifted their price objective on shares of Aramark from $49.00 to $51.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Morgan Stanley set a $45.00 price objective on shares of Aramark in a research report on Tuesday, February 10th. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Aramark currently has an average rating of “Moderate Buy” and a consensus target price of $48.38.

Aramark Stock Performance

ARMK opened at $40.89 on Friday. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.27 and a quick ratio of 1.13. The business has a fifty day simple moving average of $38.62 and a 200 day simple moving average of $38.53. Aramark has a 1 year low of $29.92 and a 1 year high of $44.49. The company has a market capitalization of $10.75 billion, a PE ratio of 34.36, a price-to-earnings-growth ratio of 0.99 and a beta of 1.09.

Aramark (NYSE:ARMK) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.01. Aramark had a net margin of 1.69% and a return on equity of 16.15%. The business had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.76 billion. During the same quarter in the previous year, the company earned $0.51 EPS. The business’s revenue was up 6.1% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Research analysts expect that Aramark will post 1.92 EPS for the current year.

Aramark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Wednesday, February 18th. Aramark’s dividend payout ratio (DPR) is 40.34%.

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.