57,688 Shares in Aramark $ARMK Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in Aramark (NYSE:ARMK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 57,688 shares of the company’s stock, valued at approximately $3,282,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Activest Wealth Management acquired a new position in shares of Aramark during the fourth quarter worth $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in Aramark during the 3rd quarter worth about $28,000. Kestra Advisory Services LLC purchased a new stake in Aramark during the 4th quarter worth about $32,000. Cedar Mountain Advisors LLC acquired a new position in shares of Aramark during the 1st quarter worth about $32,000. Finally, Quarry LP purchased a new position in shares of Aramark in the 3rd quarter valued at about $35,000.

Aramark Trading Down 1.4%

Shares of Aramark stock opened at $58.06 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.14 and a current ratio of 1.28. The company has a market capitalization of $15.31 billion, a P/E ratio of 40.60, a PEG ratio of 1.03 and a beta of 1.12. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65. The company’s fifty day moving average is $57.48 and its two-hundred day moving average is $49.65.

Aramark (NYSE:ARMK) last announced its earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.04. Aramark had a net margin of 1.93% and a return on equity of 17.68%. The business had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $4.94 billion. During the same quarter in the prior year, the firm earned $0.40 earnings per share. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Analysts forecast that Aramark will post 2.27 earnings per share for the current year.

Aramark Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Shareholders of record on Wednesday, August 19th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Wednesday, August 19th. Aramark’s dividend payout ratio (DPR) is 33.57%.

Analyst Ratings Changes

Several research firms recently weighed in on ARMK. UBS Group boosted their target price on Aramark from $67.00 to $71.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. The Goldman Sachs Group reiterated a “buy” rating and set a $70.00 price target on shares of Aramark in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $74.00 price objective on shares of Aramark in a research note on Wednesday, August 12th. Bank of America lifted their target price on Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Finally, Royal Bank Of Canada boosted their target price on Aramark from $60.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Twelve analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $69.14.

Aramark 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.