Natixis Advisors LLC Has $10.60 Million Stock Holdings in Aramark $ARMK

Natixis Advisors LLC lessened its stake in shares of Aramark (NYSE:ARMK) by 5.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 287,438 shares of the company’s stock after selling 18,024 shares during the quarter. Natixis Advisors LLC owned about 0.11% of Aramark worth $10,595,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Rothschild Wealth LLC acquired a new stake in shares of Aramark during the 4th quarter worth about $287,000. Norges Bank acquired a new stake in shares of Aramark during the 4th quarter worth about $128,738,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Aramark during the 4th quarter worth about $4,104,000. Rothschild Investment LLC lifted its stake in shares of Aramark by 319.2% during the 4th quarter. Rothschild Investment LLC now owns 6,527 shares of the company’s stock worth $241,000 after buying an additional 4,970 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Aramark by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 4,677,911 shares of the company’s stock worth $172,464,000 after buying an additional 56,404 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Aramark from $47.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. lifted their price objective on shares of Aramark from $49.00 to $55.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Bank of America lifted their price objective on shares of Aramark from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. UBS Group lifted their price objective on shares of Aramark from $48.00 to $56.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Finally, Truist Financial lifted their price objective on shares of Aramark from $50.00 to $58.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Eleven 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, Aramark currently has an average rating of “Moderate Buy” and a consensus target price of $54.50.

Aramark Price Performance

Shares of NYSE:ARMK opened at $53.45 on Friday. The firm has a 50 day moving average of $47.12 and a 200-day moving average of $41.71. The stock has a market capitalization of $14.05 billion, a PE ratio of 39.89, a PEG ratio of 1.10 and a beta of 1.12. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 1.85. Aramark has a 12 month low of $35.07 and a 12 month high of $54.57.

Aramark (NYSE:ARMK) last issued its earnings results on Tuesday, May 12th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Aramark had a net margin of 1.84% and a return on equity of 17.05%. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.35 EPS. Aramark has set its FY 2026 guidance at 2.180-2.280 EPS. On average, equities research analysts predict that Aramark will post 2.24 EPS for the current fiscal year.

Aramark Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 20th were given a $0.12 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 annualized dividend and a dividend yield of 0.9%. Aramark’s payout ratio is presently 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.