Fieldview Capital Management LLC Buys Shares of 74,442 Aramark $ARMK

Fieldview Capital Management LLC purchased a new position in Aramark (NYSE:ARMK) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 74,442 shares of the company’s stock, valued at approximately $2,859,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in Aramark in the second quarter valued at about $135,218,000. Soros Fund Management LLC acquired a new stake in shares of Aramark during the 2nd quarter valued at about $64,902,000. Ilex Capital Partners UK LLP bought a new stake in shares of Aramark in the 2nd quarter valued at approximately $52,142,000. Sunriver Management LLC acquired a new position in Aramark in the second quarter worth approximately $51,865,000. Finally, Massachusetts Financial Services Co. MA raised its position in Aramark by 6.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 18,673,028 shares of the company’s stock valued at $781,840,000 after acquiring an additional 1,067,132 shares in the last quarter.

Aramark Price Performance

Shares of Aramark stock opened at $40.28 on Monday. The company has a current ratio of 1.27, a quick ratio of 1.13 and a debt-to-equity ratio of 1.94. The firm has a fifty day simple moving average of $39.27 and a 200-day simple moving average of $38.62. The stock has a market capitalization of $10.59 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 0.98 and a beta of 1.06. Aramark has a 1-year low of $29.92 and a 1-year high of $44.49.

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

Aramark Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 18th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, February 18th. Aramark’s dividend payout ratio (DPR) is currently 40.34%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Stifel Nicolaus boosted their target price on shares of Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. UBS Group set a $47.00 price objective on shares of Aramark and gave the company a “buy” rating in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Morgan Stanley set a $45.00 target price on shares of Aramark in a research report on Tuesday, February 10th. Finally, Bank of America assumed coverage on Aramark in a report on Tuesday, February 17th. They set a “buy” rating and a $50.00 target price on the stock. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $48.38.

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.