15,588 Shares in Aramark $ARMK Purchased by EFG International AG

EFG International AG purchased a new stake in Aramark (NYSE:ARMK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,588 shares of the company’s stock, valued at approximately $887,000.

A number of other hedge funds also recently modified their holdings of ARMK. Goldman Sachs Group Inc. increased its position in shares of Aramark by 38.2% during the first quarter. Goldman Sachs Group Inc. now owns 489,646 shares of the company’s stock valued at $16,903,000 after purchasing an additional 135,224 shares during the period. Creative Planning lifted its holdings in shares of Aramark by 36.0% during the 2nd quarter. Creative Planning now owns 9,918 shares of the company’s stock worth $415,000 after acquiring an additional 2,625 shares during the period. Cetera Investment Advisers boosted its position in shares of Aramark by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 8,294 shares of the company’s stock valued at $347,000 after acquiring an additional 573 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Aramark in the second quarter valued at about $640,000. Finally, Cerity Partners LLC increased its stake in Aramark by 61.5% in the second quarter. Cerity Partners LLC now owns 16,097 shares of the company’s stock valued at $674,000 after acquiring an additional 6,127 shares during the period.

Aramark Stock Performance

NYSE:ARMK opened at $58.88 on Friday. The stock has a market capitalization of $15.52 billion, a P/E ratio of 41.17, a price-to-earnings-growth ratio of 1.05 and a beta of 1.12. Aramark has a 1 year low of $35.07 and a 1 year high of $62.65. The firm has a 50 day moving average of $57.38 and a 200-day moving average of $49.59. The company has a current ratio of 1.28, a quick ratio of 1.14 and a debt-to-equity ratio of 1.80.

Aramark (NYSE:ARMK) last released its quarterly earnings results on Tuesday, August 11th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. Aramark had a return on equity of 17.68% and a net margin of 1.93%.The firm had revenue of $5.06 billion during the quarter, compared to analysts’ expectations of $4.94 billion. During the same period last year, the firm posted $0.40 EPS. The business’s revenue was up 9.3% on a year-over-year basis. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. As a group, sell-side analysts anticipate that Aramark will post 2.27 EPS for the current fiscal year.

Aramark Announces Dividend

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 paid a $0.12 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.8%. Aramark’s dividend payout ratio (DPR) is 33.57%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ARMK shares. Weiss Ratings cut shares of Aramark from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. upped their price objective on Aramark from $55.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Robert W. Baird raised their target price on Aramark from $63.00 to $69.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Royal Bank Of Canada upped their price target on Aramark from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. Finally, Oppenheimer lifted their price objective on Aramark from $60.00 to $65.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Twelve equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.