GAMMA Investing LLC Acquires 15,296 Shares of Aramark $ARMK

GAMMA Investing LLC grew its holdings in Aramark (NYSE:ARMK) by 196.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 23,099 shares of the company’s stock after acquiring an additional 15,296 shares during the period. GAMMA Investing LLC’s holdings in Aramark were worth $1,314,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Activest Wealth Management bought a new position in shares of Aramark in the 4th quarter valued at about $27,000. Caitong International Asset Management Co. Ltd bought a new stake in Aramark during the third quarter worth approximately $28,000. Cedar Mountain Advisors LLC purchased a new stake in Aramark during the first quarter valued at approximately $32,000. Kestra Advisory Services LLC purchased a new stake in Aramark during the fourth quarter valued at approximately $32,000. Finally, Quarry LP bought a new stake in shares of Aramark in the 3rd quarter valued at approximately $35,000.

Aramark Trading Down 0.5%

ARMK opened at $56.04 on Friday. The stock has a market cap of $14.74 billion, a price-to-earnings ratio of 41.82, a P/E/G ratio of 1.07 and a beta of 1.12. The stock’s 50 day moving average price is $55.68 and its 200-day moving average price is $47.44. Aramark has a one year low of $35.07 and a one year high of $58.68. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.07 and a current ratio of 1.21.

Aramark (NYSE:ARMK) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Aramark had a return on equity of 17.05% and a net margin of 1.84%.The firm had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.75 billion. During the same period last year, the company earned $0.35 EPS. Aramark’s quarterly revenue was up 14.7% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities analysts forecast that Aramark will post 2.24 EPS for the current year.

Aramark Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 19th. Aramark’s dividend payout ratio (DPR) is 35.82%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. UBS Group reiterated a “buy” rating and issued a $67.00 target price on shares of Aramark in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $65.00 price target on shares of Aramark in a research report on Monday, June 29th. Morgan Stanley lifted their price objective on shares of Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. boosted their price objective on shares of Aramark from $49.00 to $55.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $51.00 target price on shares of Aramark in a research note on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Aramark has a consensus rating of “Moderate Buy” and a consensus price target of $60.62.

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.