Bleakley Financial Group LLC Makes New Investment in Aramark $ARMK

Bleakley Financial Group LLC bought a new stake in Aramark (NYSE:ARMK) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,162 shares of the company’s stock, valued at approximately $412,000.

A number of other institutional investors have also recently made changes to their positions in the company. Activest Wealth Management purchased a new stake in Aramark in the 4th quarter worth about $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in Aramark during the third quarter valued at about $28,000. Cedar Mountain Advisors LLC purchased a new stake in Aramark during the first quarter valued at about $32,000. Kestra Advisory Services LLC bought a new position in Aramark during the fourth quarter worth about $32,000. Finally, Quarry LP bought a new position in Aramark during the third quarter worth about $35,000.

Analyst Ratings Changes

Several analysts have recently issued reports on ARMK shares. Morgan Stanley boosted their price target on shares of Aramark from $45.00 to $50.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. UBS Group reaffirmed a “buy” rating and issued a $67.00 price objective on shares of Aramark in a report on Monday, July 13th. Citigroup boosted their target price on shares of Aramark from $63.00 to $70.50 and gave the company a “buy” rating in a report on Monday, June 22nd. Royal Bank Of Canada increased their target price on Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $51.00 price target on shares of Aramark in a research report on Wednesday, May 13th. Eleven investment 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $59.21.

Aramark Stock Down 0.6%

Shares of NYSE ARMK opened at $56.67 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. The business has a 50-day moving average of $54.07 and a 200-day moving average of $45.48. The firm has a market capitalization of $14.90 billion, a price-to-earnings ratio of 42.29, a PEG ratio of 1.08 and a beta of 1.11. Aramark has a 12 month low of $35.07 and a 12 month high of $58.68.

Aramark (NYSE:ARMK) last announced its earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The business had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.75 billion. During the same period last year, the firm posted $0.35 earnings per share. Aramark’s quarterly revenue was up 14.7% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Sell-side analysts expect that Aramark will post 2.24 earnings per share for the current fiscal year.

Aramark Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. Aramark’s dividend payout ratio (DPR) is 35.82%.

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.