Avior Wealth Management LLC Buys Shares of 16,605 Aramark $ARMK

Avior Wealth Management LLC purchased a new position in shares of Aramark (NYSE:ARMK) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 16,605 shares of the company’s stock, valued at approximately $612,000.

Several other large investors have also made changes to their positions in ARMK. Junto Capital Management LP acquired a new stake in shares of Aramark in the 3rd quarter valued at $132,157,000. Norges Bank bought a new stake in shares of Aramark during the 2nd quarter worth $135,218,000. AQR Capital Management LLC lifted its position in shares of Aramark by 281.1% during the 3rd quarter. AQR Capital Management LLC now owns 3,367,964 shares of the company’s stock worth $129,296,000 after buying an additional 2,484,319 shares during the last quarter. Soros Fund Management LLC acquired a new stake in Aramark in the second quarter valued at about $64,902,000. Finally, Ilex Capital Partners UK LLP bought a new position in Aramark in the second quarter valued at about $52,142,000.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ARMK shares. Weiss Ratings reissued a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. 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 report on Wednesday, February 11th. Citigroup upped 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. Bank of America began coverage on shares of Aramark in a research report on Tuesday, February 17th. They issued a “buy” rating and a $50.00 target price on the stock. Finally, Morgan Stanley set a $45.00 target price on shares of Aramark in a research note on Tuesday, February 10th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Aramark presently has a consensus rating of “Moderate Buy” and a consensus price target of $48.38.

Aramark Stock Performance

Aramark stock opened at $38.91 on Monday. The business has a 50 day moving average of $39.71 and a 200-day moving average of $38.67. Aramark has a 1 year low of $29.92 and a 1 year high of $44.49. 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 company has a market capitalization of $10.23 billion, a P/E ratio of 32.69, a P/E/G ratio of 0.95 and a beta of 1.06.

Aramark (NYSE:ARMK) last posted its earnings results 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 business had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.76 billion. During the same period last year, the company earned $0.51 EPS. The firm’s revenue was up 6.1% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities research analysts predict that Aramark will post 1.92 earnings per share for the current year.

Aramark Announces Dividend

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