Artisan Partners Limited Partnership Purchases 706,677 Shares of Aramark $ARMK

Artisan Partners Limited Partnership lifted its position in shares of Aramark (NYSE:ARMK) by 166.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,131,501 shares of the company’s stock after purchasing an additional 706,677 shares during the period. Artisan Partners Limited Partnership owned 0.43% of Aramark worth $43,450,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in ARMK. Osterweis Capital Management Inc. bought a new position in Aramark during the 2nd quarter worth $40,000. Hantz Financial Services Inc. increased its position in 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 acquiring an additional 1,204 shares during the period. Clearstead Advisors LLC increased its position in Aramark by 241.8% during the third quarter. Clearstead Advisors LLC now owns 1,545 shares of the company’s stock worth $59,000 after acquiring an additional 1,093 shares during the period. Rothschild Investment LLC raised 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 worth $60,000 after purchasing an additional 1,518 shares in the last quarter. Finally, Bayforest Capital Ltd boosted its holdings in Aramark by 75.1% in 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 period.

Aramark Trading Down 0.0%

Shares of ARMK opened at $41.84 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 1.13 and a current ratio of 1.27. Aramark has a 52-week low of $29.92 and a 52-week high of $44.49. The firm has a market cap of $11.00 billion, a price-to-earnings ratio of 35.16, a PEG ratio of 1.02 and a beta of 1.09. The business’s fifty day moving average is $38.97 and its 200-day moving average is $38.59.

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

Aramark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, February 18th. Aramark’s dividend payout ratio is currently 40.34%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Stifel Nicolaus lifted their price target on shares of Aramark from $44.00 to $47.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Bank of America started coverage on Aramark in a research note on Tuesday, February 17th. They set a “buy” rating and a $50.00 price objective on the stock. Citigroup upped their target price on Aramark from $49.00 to $51.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. UBS Group set a $47.00 price target on Aramark and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Weiss Ratings reaffirmed 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 issued a Hold rating to the stock. According to data from MarketBeat, Aramark has an average rating of “Moderate Buy” and a consensus price target of $48.38.

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.