AlphaQuest LLC Buys 13,096 Shares of Aramark $ARMK

AlphaQuest LLC raised its position in shares of Aramark (NYSE:ARMK) by 83.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,739 shares of the company’s stock after purchasing an additional 13,096 shares during the period. AlphaQuest LLC’s holdings in Aramark were worth $1,104,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Osterweis Capital Management Inc. purchased a new position in Aramark in the 2nd quarter valued at approximately $40,000. Bayforest Capital Ltd purchased a new stake in Aramark during the 2nd quarter worth about $51,000. Hantz Financial Services Inc. boosted its stake in Aramark by 1,323.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,295 shares of the company’s stock worth $54,000 after purchasing an additional 1,204 shares during the period. Bessemer Group Inc. grew its holdings in Aramark by 56.6% during the 2nd quarter. Bessemer Group Inc. now owns 2,209 shares of the company’s stock valued at $92,000 after buying an additional 798 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Aramark during the second quarter valued at about $119,000.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Citigroup boosted their price target on shares of Aramark from $46.50 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, November 19th. UBS Group restated a “buy” rating on shares of Aramark in a research report on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aramark in a report on Monday, December 29th. Morgan Stanley boosted their price objective on Aramark from $43.00 to $44.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, Stifel Nicolaus set a $44.00 target price on shares of Aramark in a research note on Monday, November 17th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $45.83.

Aramark Stock Performance

NYSE:ARMK opened at $38.45 on Monday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.88 and a current ratio of 0.99. Aramark has a fifty-two week low of $29.92 and a fifty-two week high of $44.49. The firm has a market cap of $10.11 billion, a PE ratio of 31.52, a price-to-earnings-growth ratio of 1.28 and a beta of 1.09. The business has a 50 day moving average price of $38.00 and a 200-day moving average price of $38.87.

Aramark (NYSE:ARMK) last posted its earnings results on Monday, November 17th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.08). Aramark had a return on equity of 16.39% and a net margin of 1.76%.The business had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.16 billion. During the same period in the previous year, the business earned $0.54 earnings per share. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. Equities research analysts predict that Aramark will post 1.92 earnings per share for the current year.

Aramark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.2%. This is a boost from Aramark’s previous quarterly dividend of $0.11. The ex-dividend date was Friday, December 5th. Aramark’s dividend payout ratio is currently 39.34%.

Aramark Company 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.