Landscape Capital Management L.L.C. acquired a new position in Aramark (NYSE:ARMK – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 121,188 shares of the company’s stock, valued at approximately $4,467,000.
Other hedge funds have also recently made changes to their positions in the company. Kestra Advisory Services LLC bought a new stake in Aramark in the 4th quarter valued at about $32,000. FORA Capital LLC bought a new stake in Aramark in the 4th quarter valued at about $443,000. Ontario Teachers Pension Plan Board bought a new stake in Aramark in the 4th quarter valued at about $1,235,000. Sunriver Management LLC increased its position in Aramark by 65.4% in the 4th quarter. Sunriver Management LLC now owns 1,351,397 shares of the company’s stock valued at $49,812,000 after buying an additional 534,136 shares in the last quarter. Finally, Stifel Financial Corp increased its position in Aramark by 3.3% in the 4th quarter. Stifel Financial Corp now owns 98,990 shares of the company’s stock valued at $3,649,000 after buying an additional 3,156 shares in the last quarter.
Wall Street Analysts Forecast Growth
ARMK has been the subject of a number of research analyst reports. Bank of America boosted their target price on Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Truist Financial boosted their target price on Aramark from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Royal Bank Of Canada boosted their target price on Aramark from $47.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Oppenheimer boosted their target price on Aramark from $50.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Citigroup reaffirmed a “buy” rating on shares of Aramark in a research report on Monday, May 18th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Aramark currently has a consensus rating of “Moderate Buy” and a consensus target price of $55.33.
Aramark Price Performance
Shares of NYSE ARMK opened at $54.28 on Friday. Aramark has a twelve month low of $35.07 and a twelve month high of $54.93. The stock’s 50 day moving average price is $48.44 and its 200-day moving average price is $42.30. The company has a market capitalization of $14.27 billion, a PE ratio of 40.51, a PEG ratio of 1.12 and a beta of 1.12. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 1.85.
Aramark (NYSE:ARMK – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share 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 for the quarter, compared to the consensus estimate of $4.75 billion. During the same quarter in the previous year, the business earned $0.35 EPS. The company’s 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 anticipate that Aramark will post 2.24 EPS for the current year.
Aramark Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, May 20th. Aramark’s payout ratio is presently 35.82%.
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.
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