Janus Henderson Group PLC increased its holdings in shares of Aramark (NYSE:ARMK – Free Report) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 18,195,901 shares of the company’s stock after purchasing an additional 128,199 shares during the quarter. Janus Henderson Group PLC owned approximately 0.07% of Aramark worth $670,702,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its stake in Aramark by 55.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,152 shares of the company’s stock valued at $42,000 after purchasing an additional 410 shares in the last quarter. Cetera Investment Advisers grew its stake in Aramark by 7.4% in the second quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock valued at $347,000 after purchasing an additional 573 shares in the last quarter. Danske Bank A S grew its stake in Aramark by 37.5% in the fourth quarter. Danske Bank A S now owns 2,200 shares of the company’s stock valued at $81,000 after purchasing an additional 600 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in Aramark by 4.0% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 18,711 shares of the company’s stock valued at $690,000 after purchasing an additional 721 shares in the last quarter. Finally, Activest Wealth Management purchased a new position in Aramark in the fourth quarter valued at about $27,000.
Wall Street Analyst Weigh In
A number of brokerages have commented on ARMK. JPMorgan Chase & Co. boosted their target price on Aramark from $49.00 to $55.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $54.00 target price on shares of Aramark in a research note on Wednesday, May 13th. UBS Group boosted their target price on Aramark from $48.00 to $56.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Stifel Nicolaus boosted their target price on Aramark from $47.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Aramark in a research note on Friday, March 27th. 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of $55.33.
Aramark Stock Performance
ARMK opened at $53.48 on Thursday. The company has a market cap of $14.06 billion, a PE ratio of 39.91, a price-to-earnings-growth ratio of 1.12 and a beta of 1.12. The stock has a 50-day moving average of $49.13 and a 200-day moving average of $42.68. Aramark has a 52-week low of $35.07 and a 52-week high of $54.93. 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 – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $4.75 billion. Aramark had a return on equity of 17.05% and a net margin of 1.84%.The firm’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.35 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, equities research analysts forecast that Aramark will post 2.24 earnings per share for the current fiscal year.
Aramark Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were paid 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 was Wednesday, May 20th. Aramark’s dividend payout ratio is 35.82%.
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.
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