Aramark $ARMK Shares Bought by Sei Investments Co.

Sei Investments Co. raised its holdings in Aramark (NYSE:ARMK) by 18.1% during the 1st quarter, Holdings Channel reports. The firm owned 242,743 shares of the company’s stock after purchasing an additional 37,222 shares during the quarter. Sei Investments Co.’s holdings in Aramark were worth $9,841,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ARMK. Capital International Investors increased its position in Aramark by 1.0% during the fourth quarter. Capital International Investors now owns 24,894,503 shares of the company’s stock worth $917,789,000 after buying an additional 247,594 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Aramark by 0.7% during the 4th quarter. Janus Henderson Group PLC now owns 18,195,901 shares of the company’s stock valued at $670,702,000 after acquiring an additional 128,199 shares during the last quarter. Farallon Capital Management LLC increased its position in Aramark by 4.0% during the fourth quarter. Farallon Capital Management LLC now owns 9,357,046 shares of the company’s stock worth $344,901,000 after purchasing an additional 360,844 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Aramark by 163.1% in the 4th quarter. AQR Capital Management LLC now owns 8,860,010 shares of the company’s stock worth $326,580,000 after buying an additional 5,492,046 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Aramark by 13.8% during the first quarter. Dimensional Fund Advisors LP now owns 7,177,184 shares of the company’s stock worth $290,962,000 after acquiring an additional 868,900 shares during the last quarter.

Aramark Stock Performance

Shares of Aramark stock opened at $57.01 on Friday. The firm’s 50-day simple moving average is $55.31 and its 200-day simple moving average is $46.83. Aramark has a 1 year low of $35.07 and a 1 year high of $58.68. The firm has a market cap of $14.99 billion, a PE ratio of 42.54, a price-to-earnings-growth ratio of 1.08 and a beta of 1.11. 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) last released its earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $4.91 billion for 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%.Aramark’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.35 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. Equities analysts forecast that Aramark will post 2.24 earnings per share for the current fiscal year.

Aramark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 annualized dividend and a yield of 0.8%. Aramark’s dividend payout ratio (DPR) is 35.82%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ARMK. Royal Bank Of Canada boosted their target price on Aramark from $47.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Morgan Stanley boosted their price objective on shares of Aramark from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. Robert W. Baird set a $63.00 price objective on shares of Aramark in a research report on Friday, July 24th. Bank of America raised their target price on shares of Aramark from $59.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Finally, Oppenheimer raised their target price on Aramark from $60.00 to $65.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Aramark currently has an average rating of “Moderate Buy” and a consensus price target of $60.62.

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.