Schroder Investment Management Group Sells 523,277 Shares of Aramark $ARMK

Schroder Investment Management Group cut its stake in shares of Aramark (NYSE:ARMK) by 19.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,236,185 shares of the company’s stock after selling 523,277 shares during the period. Schroder Investment Management Group’s holdings in Aramark were worth $93,629,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA grew its stake in Aramark by 6.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 18,673,028 shares of the company’s stock valued at $781,840,000 after acquiring an additional 1,067,132 shares in the last quarter. Fiduciary Management Inc. WI grew its position in shares of Aramark by 13.8% during the 1st quarter. Fiduciary Management Inc. WI now owns 13,037,630 shares of the company’s stock valued at $450,059,000 after purchasing an additional 1,582,890 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Aramark by 16.3% in the first quarter. Dimensional Fund Advisors LP now owns 5,762,907 shares of the company’s stock worth $198,922,000 after purchasing an additional 809,792 shares during the period. Norges Bank purchased a new stake in shares of Aramark in the second quarter worth $135,218,000. Finally, PointState Capital LP boosted its stake in Aramark by 9.9% during the first quarter. PointState Capital LP now owns 2,956,147 shares of the company’s stock valued at $102,046,000 after buying an additional 265,530 shares during the period.

Aramark Stock Down 0.3%

Shares of NYSE ARMK opened at $37.17 on Friday. The stock has a market capitalization of $9.77 billion, a P/E ratio of 27.53 and a beta of 1.24. Aramark has a one year low of $29.92 and a one year high of $44.49. The firm’s 50 day simple moving average is $38.36 and its two-hundred day simple moving average is $39.75. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.29 and a quick ratio of 1.14.

Aramark (NYSE:ARMK) last announced its quarterly earnings data on Monday, November 17th. The company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). Aramark had a return on equity of 15.67% and a net margin of 2.02%.The business had revenue of $5.05 billion during the quarter, compared to the consensus estimate of $5.16 billion. During the same quarter in the previous year, the firm posted $0.54 earnings per share. The company’s revenue was up 14.3% compared to the same quarter last year. Aramark has set its FY 2026 guidance at 2.180-2.28 EPS. As a group, analysts expect that Aramark will post 1.92 EPS for the current fiscal year.

Aramark Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Friday, December 5th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, December 5th. This is a positive change from Aramark’s previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a yield of 1.3%. Aramark’s dividend payout ratio (DPR) is currently 39.34%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Aramark in a research note on Tuesday, October 14th. Morgan Stanley decreased their price objective on shares of Aramark from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 18th. Wall Street Zen lowered shares of Aramark from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Stifel Nicolaus set a $44.00 price target on shares of Aramark in a research note on Monday, November 17th. Finally, Robert W. Baird lowered their price objective on shares of Aramark from $47.00 to $46.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Aramark currently has a consensus rating of “Moderate Buy” and an average price target of $45.67.

Aramark Company Profile

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services.