Aquatic Capital Management LLC grew its position in shares of Aramark (NYSE:ARMK – Free Report) by 848.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,258 shares of the company’s stock after buying an additional 136,198 shares during the quarter. Aquatic Capital Management LLC owned 0.06% of Aramark worth $5,847,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Osterweis Capital Management Inc. purchased a new stake in shares of Aramark during the second quarter valued at approximately $40,000. Clearstead Advisors LLC boosted its position in Aramark by 241.8% in the third quarter. Clearstead Advisors LLC now owns 1,545 shares of the company’s stock worth $59,000 after purchasing an additional 1,093 shares during the last quarter. Rothschild Investment LLC grew its stake in 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 purchasing an additional 1,518 shares during the period. Bayforest Capital Ltd increased its position in shares of Aramark by 75.1% during the 3rd quarter. Bayforest Capital Ltd now owns 2,124 shares of the company’s stock valued at $82,000 after purchasing an additional 911 shares during the last quarter. Finally, Steph & Co. increased its position in shares of Aramark by 10.0% during the 3rd quarter. Steph & Co. now owns 3,352 shares of the company’s stock valued at $129,000 after purchasing an additional 306 shares during the last quarter.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on ARMK shares. Citigroup raised their price objective on shares of Aramark from $49.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Robert W. Baird set a $50.00 target price on shares of Aramark in a research note on Wednesday, February 11th. Morgan Stanley set a $45.00 price target on shares of Aramark in a research note on Tuesday, February 10th. Stifel Nicolaus lifted their price target on shares of Aramark from $44.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Aramark in a research note on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aramark has a consensus rating of “Moderate Buy” and a consensus price target of $48.38.
Aramark Stock Performance
NYSE ARMK opened at $40.52 on Tuesday. The firm has a market cap of $10.65 billion, a P/E ratio of 34.05, a price-to-earnings-growth ratio of 0.97 and a beta of 1.06. The company has a quick ratio of 1.13, a current ratio of 1.27 and a debt-to-equity ratio of 1.94. The company’s 50 day moving average is $39.62 and its 200-day moving average is $38.65. Aramark has a 12-month low of $29.92 and a 12-month high of $44.49.
Aramark (NYSE:ARMK – Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.51 EPS 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 company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.76 billion. During the same period last year, the firm earned $0.51 EPS. Aramark’s revenue for the quarter was up 6.1% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Sell-side analysts predict that Aramark will post 1.92 earnings per share for the current year.
Aramark Dividend Announcement
The business 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. The ex-dividend date was Wednesday, February 18th. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. Aramark’s payout ratio is 40.34%.
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.
Read More
- Five stocks we like better than Aramark
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Want to see what other hedge funds are holding ARMK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aramark (NYSE:ARMK – Free Report).
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.
