Analysts Set Aramark (NYSE:ARMK) Price Target at $45.83

Shares of Aramark (NYSE:ARMK) have been assigned an average rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $45.8333.

ARMK has been the topic of several recent analyst reports. Robert W. Baird cut their price objective on Aramark from $47.00 to $46.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Stifel Nicolaus set a $44.00 price target on shares of Aramark in a research note on Monday, November 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Aramark in a research report on Monday, December 29th. Morgan Stanley boosted their price objective on shares of Aramark from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 17th. Finally, UBS Group reiterated a “buy” rating on shares of Aramark in a report on Tuesday, January 6th.

Hedge Funds Weigh In On Aramark

Large investors have recently bought and sold shares of the company. Capital International Investors raised its holdings in shares of Aramark by 2.4% in the third quarter. Capital International Investors now owns 24,646,909 shares of the company’s stock valued at $946,455,000 after purchasing an additional 580,215 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Aramark by 3.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,312,451 shares of the company’s stock valued at $741,598,000 after purchasing an additional 639,423 shares in the last quarter. Junto Capital Management LP acquired a new stake in Aramark in the 3rd quarter valued at $132,157,000. AQR Capital Management LLC lifted its position in 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 in the last quarter. Finally, Norges Bank bought a new position in shares of Aramark in the 2nd quarter valued at about $135,218,000.

Aramark Trading Up 1.8%

Shares of NYSE ARMK opened at $39.35 on Monday. Aramark has a twelve month low of $29.92 and a twelve month high of $44.49. The stock has a market cap of $10.34 billion, a price-to-earnings ratio of 32.25, a P/E/G ratio of 1.29 and a beta of 1.11. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The company’s fifty day moving average is $37.79 and its 200-day moving average is $39.11.

Aramark (NYSE:ARMK) last issued its quarterly earnings data on Monday, November 17th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.08). Aramark had a return on equity of 16.39% and a net margin of 1.76%.The business had revenue of $5.05 billion for the quarter, compared to analyst estimates of $5.16 billion. During the same period in the previous year, the business posted $0.54 EPS. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Equities research analysts predict that Aramark will post 1.92 EPS for the current year.

Aramark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Friday, December 5th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, December 5th. This is a boost from Aramark’s previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Aramark’s dividend payout ratio is 39.34%.

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.